Businesses need to be thinking about the future as fast as possible, and this includes online business, a leading expert in information technology said.
The key to an efficient business, he said, is to have an effective business plan, develop the right team, and keep it up to date, especially in digital and mobile technology.
When a business starts, the plan needs to be in place.
If the plan is not in place, the business is going to fail.
The key is to plan the business from the very beginning and to keep it updated, even if you have to cut corners, said Biju Nair, professor at IIT Kharagpur and author of ‘A Business Plan for Digital Success’.
The best businesses are ones that focus on the future and not on the past, said Nair.
He said the best way to keep pace with changing technologies is to think about how to adapt to the times, especially digital.
To prepare, companies should spend time on the latest information and information management tools, Nair said.
It is also good to know the latest technology, such as mobile phones, which will help you with the job.
It is not the same as the old fashioned way of building a business plan where you have a business manager or a secretary, he added.
Businesses need a business strategy, a long-term plan to develop and maintain a business.
This can be a good thing.
However, they should not just think about the short-term, Nairs said.
The company needs to think long-run and how it can be used for long- term growth and growth for the company.
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