Will self-driving cars disrupt your small business operations?
Think about this for a second. Within 4 years, autonomous vehicles will be a major part of our daily lives. Just about every business will be impacted in some shape or form. But for some, self-driving cars will either enhance their business models or destroy them.
Regardless which way it turns for your business, one thing is for certain: many jobs will be displaced. Anyone who drives a car or truck for a living is in serious jeopardy of losing their jobs in the next 5-10 years as the technology features necessary to perform the functions of a human driver are perfected and then more and more businesses will begin to see the savings it can achieve by investing in this new reality.
How will you react? Will you be on the defensive, or plan ahead and be on the offensive. Remember some of the BIG companies who made the fatal mistake by not recognizing the forces of new technology before it was too late: Blockbuster, Kodak, Borders. These are just a few of the big ones, but there were countless more of small businesses who went bankrupt because they refused to recognize and invest in new technologies that have impacted their industries.
Self-driving vehicles have the potential to benefit society in many ways, but it will leave many small businesses in perils if they do not plan ahead.
~ Businesses who cater to truck drivers
~ Pizza places and Chinese restaurants
~ Uber and taxi drivers
~ Auto repair shops
~ School and public bus operators
~ Postal services
~ Law enforcement / emergency responders
~ Food and ice cream trucks
~ Waste management
Just about every business who relies on vehicles for a major portion of there business operations will be touched. And then the ripple effects will emerge. Every business who relies on other businesses who utilize vehicles will be impacted, for better or for worse.
So think about it. Will your small business be impacted? Chances are the answer will be Yes.
At Scopo, we help small businesses make better decisions and get on a direct path to achieve their goals. Here is one example how:
• Use data analytic tools to define target market
• Once target market is identified, align resources and capabilities to attract and capture target market
• Do not waste resources and capabilities on activities not aligned with attracting and capturing target market
• Set out on a clear path to achieve these goals
Sounds simple, and it is. But only after going through a strategic analysis with Scopo. We create focused, structured, and innovative strategic plans for Mercer County, NJ small businesses!
The types of better decision making to achieve your goals quicker and more efficiently include:
• Financial and investment decisions
• Marketing decisions
• Legal decisions
• Inventory decisions
• Staffing level decisions
• Employee training decisions
• Social responsibility decisions
• Philanthropic and charity decisions
• And much, much more!
Focused, structured, and innovative! Contact Scopo today to discuss your ideas and find out why "Your Scopo is Our Scopo!"
50 billion devices will be connected to the internet by 2020, communicating with each other and changing the way we do business. Do you have a Scopo Strategy to take advantage of this disruptive innovation? Contact us to find out how we can align your small business's resources and capabilities with IoT technologies to grow and add value to your company.
Scopo conducts research on economic factors and consumer trends that affect Mercer County, NJ, and has developed sophisticated algorithms to analyze the impacts which these conditions are having on local small businesses.
How should your small business begin to evolve today in our rapidly changing environment so that it doesn't become obsolete tomorrow? Scopo knows the economic landscape, market forces, and key trends that are transforming our local markets. And we want to put your small business in a unique strategic position to capitalize on these drivers. Don't delay!
Joe Immordino, MBA