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Anticipating technological change

Question
How can I prepare for new technologies that may change my business? 
Answer
Change happens. Preparation takes effort. Consider these options to identifying emerging trends or technologies.

- Create a small team to help spot critical technologies and anticipate their impact. Members can tap different sources and regroup to pool what they learn into a forecast of technologies that may affect your business. Among those actions to consider:

- Study various technologies and applications to determine how they might disrupt your present operations or offer new opportunities.

- Offer suggestions for adapting existing products or services to take advantage of these technological changes yourself.

- Define new products or services you could offer or more effective or productive ways of doing business. 
Brain Trust contributor: President, TechCast. LLC A Virtual Think Tank Tracking the Technology Revolution
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