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Building future ready businesses

Building future ready businesses

by Muki Regunathan

Building future ready businesses
Future-ready means you can't be in the past and get stuck with your laurels. Agility is no longer a fancy term for business success; it is a business mandate to succeed and thrive. 
Business Success
Future-ready companies thrive by embracing agility, simplicity, and technology.
45%
failure

About 45% of new businesses fail within the first 5 years (investopedia.com).

15 yrs
lifespan

In the last century, the average lifespan of a corporation on the Fortune 500 list has drastically dropped to a little over 15 years.

88%
vanished

88 percent of Fortune 500 companies from 1955 are now gone, according to the American Enterprise Institute.

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Companies that slow innovation go bankrupt. The future of business is DIGITAL. Future-ready businesses fuse creativity and technology.

  1. They focus on ONE THING and scale.
  2. For them, questioning the "WHY" is a game changer. How and What eventually happens.
  3. They don't keep adding feature after feature to their products; instead, they remove features and keep it simple and loveable.
  4. Imaginary problems are the root cause of a bad product.
  5. They don't believe in the ideology of "build a quality product; customers come and use it." Instead, they prioritize customer-centric marketing, creating visibility and value for their target audience.
  6. Numbers don't LIE. They measure what matters.
  7. They don't micromanage but thrive on creative flow.
  8. They amplify the human experience, enable it with technology, and connect people through omnichannel marketing.
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The "Dark Tunnel" technology?