New Business Planning Has To Be Built On Internet Business Because Of Progress Over The Last Ten Years

Market forces have constantly dictated that the performance and nature of the work place balances. If you agree that the principles of supply and demand will ensure that the ideal, or required, products and services are provided by successful firms, then the impact of the Internet Business development may well change the familiar economic paradigm.

Usual business models are based on a separation of function which arguably resulted from the mechanisation of industry at some point during the Industrial Revolution. In order to increase efficiency the work place “scientists “ such as FW Taylor argued that separation of jobs would improve production rates. Consequently the specialisation of function (innovation, design, production and sales) would be designed to ensure that the maximum opportunity for suppliers and retailers was achieved by encouraging rivalry at both ends of the chain (in suppliers and retailers).

This model designed around silo’s is now at risk from the worldwide web, the very nature of the capability to share facts instantly has had the effect of bringing together those conventional silo’s. It is now perfectly possible that a collection of designers can get together, design an item or service online, in real time. If the output is a product then via 3D printing technology that product can be manufactured and advertised via a website. An complete supply chain can in fact Work From Home producing goods and services via Online Jobs.

This type of activity will have an affect on the world of work as we know it today, Online Jobs will be the standard as opposed to the exception as design, processing and assembly, sales and marketing and distribution are all feasible through a broadband connection. Traditional barriers to entry in markets, such as accessibility, market intelligence and skill sets will become less of a problem as a start up Internet Business can, easily source fitting skills online and have no need to co-locate a team who can all in fact Work From Home. Any market is easily reached when sales pitches and client contact is made through effective use of today’s communication technology. Business forums and blog sites can also grant useful local and regional business intelligence through debate with businesses already working in that market – obviously there is an issue around sharing information that could be useful to your competitors.

There is no doubt that the procedures of production as we understand them today will still be needed for some elements of manufacturing and production, it would be nearly impossible for a local supplier to produce a car and for an internet business sales team who work from home to sell it. It would also be foolish to imply that some of the more technologically advanced merchandise we use on a regular basis could be designed over the internet by a group who had never met. However there are millions of items which are straightforward in design construction and production which could be produced in this way. Who knows, some of them may even gain from design advancement as hundreds of much smaller teams take a look at those designs and insert their own individual input to them.