answersLogoWhite

0

As competition and technology have changed and become more complex, business leaders have to become more technologically savvy in order to keep their business functioning and in the mainstream. This means being more competitive, being ahead of the game technologically, especially in certain industries, and being willing to completely change your game plan if need be to keep up with the ever change business world.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

Difference between technology leadership and followership?

There is always a difference between technology in leadership and followers. Leaders always lead while followers always follow in the use of technology.


What are the challenges in technology management?

Main challenges of technology management are : - Shortage of high skilled manpower Security threats


What are the Six challenges that face managers in the 21st century?

political and cultural differences global competition terrorism technology finding ways to balance their social responsabilities their images and their and their competitive strategies


What effect can technology have on perfect competition?

Technology can become a barrier to entry for producers


What are the challenges that most businesses face as a result of continually changing technology what is management's role in addressing these challenges?

What are the challenges that most businesses face as a result of continually changing technology and what is management's role aaddressing these challenges?


What are the key challenges faced by students pursuing a degree in computer science in grad school?

Students pursuing a degree in computer science in grad school face challenges such as heavy workloads, complex coursework, intense competition, and the need to stay updated with rapidly evolving technology.


What is the company Lilien best known for?

Lilien is best know for leadership and performance. Lilien is the top partner for hp storage sales. Lilien system provides technology to developed and implement infrastructure. They provide innovated solutions that helps the customer with the brutal information technology and challenges.


What company is considered the technology leadership?

There are many companies which are showing leadership in the technology field. Without giving personal preference, it is impossible to answer this question properly as it has been asked.


What are the challenges facing auctioneers?

Some challenges facing auctioneers include attracting quality consignments, managing buyer and seller expectations, adapting to changing technology, and dealing with competition from online auction platforms. It is also important for auctioneers to maintain a strong reputation and trust within their community.


What were the most difficult challenges you had to overcome in each job?

The paperwork and Information Technology challenges.


What challenges have advances in technology posed for supreme court justices trying to interpret the bill of rights?

There were a few challenges that have advances in technology for Supreme court. This was what interpret the Bill of Rights.


Why were other nations able to challenge Britain's leadership in industry?

Other nations were able to challenge Britain's leadership in industry due to factors such as their own industrialization, advancements in technology, access to natural resources, and cheaper labor costs. Additionally, competition from other countries led to the decline of Britain's dominance in industry.