TECHNOLOGICAL ADVANCEMENT ALONE IS NOT ENOUGH TO MODERNISE BUSINESS - HERE'S WHY
TECHNOLOGICAL ADVANCEMENT ALONE IS NOT ENOUGH TO MODERNISE BUSINESS - THIS IS WHY It is easily acceptable that modernisation is necessary for continued business existence and success, however the methods and things involved in modernisation of business are debatable. The most telling example of modernisation and keeping with the times in business is technological advancement in the form of information communication technologies(ICTs) and artificial Intelligence (AI). Great strides have been made on this front, use of these tools has resulted in unprecedented efficiencies in doing and running business operations. However the above mentioned examples are only a part of the business set up, the non-human element which must be blended with the human aspect to complete the set up. Technological advancement alone is therefore not enough to modernise business, there has to be a shift in paradigms from the old which were exceptional at their adoption but have become ineffective vi...