New Business Practice Has To Be Built On Internet Business In View Of Developments Over The Last Five Years

Market forces have constantly made sure that the performance and nature of the work place balances. If you acknowledge that the principles of supply and demand will make certain that the proper, or required, products and services are provided by successful organisations, then the impact of the Internet Business development may well change the familiar economic paradigm.

Conventional business models are based on a partition of function which for arguments sake resulted from the mechanisation of industry at some point during the Industrial Revolution. In order to increase efficiency the work place “scientists “ such as FW Taylor argued that separation of jobs would improve production rates. Subsequently the specialisation of function (innovation, design, production and sales) would be designed to make certain that the greatest opportunity for suppliers and retailers was achieved by encouraging rivalry at both ends of the chain (in suppliers and retailers).

This model designed around silo’s is now at risk from the worldwide web, the very nature of the ability to share facts instantly has had the effect of bringing together those customary silo’s. It is now perfectly possible that a group of designers can get together, design a product or service online, in real time. If the harvest is a product then via 3D printing technology that product can be made and marketed via a website. An complete supply chain can efficiently Work From Home producing goods and services via Online Jobs.

This type of activity will have an affect on the world of work as we know it today, Online Jobs will be the norm as opposed to the exception as design, processing and production, sales and marketing and distribution are all achievable through a broadband connection. Traditional barriers to entry in markets, such as accessibility, market intelligence and skill sets will become less of a problem as a start up Internet Business can, without difficulty source appropriate skills online and have no need to co-locate a team who can all in actual fact Work From Home. Any market is accessible when sales pitches and customer contact is made through effective use of today’s communication technology. Business forums and blog sites can also supply useful local and regional business intelligence through dialogue with companies already working in that market – obviously there is an issue around sharing information that could be useful to your competitors.

There is no doubt that the mechanics of production as we understand them today will still be required for some elements of manufacturing and production, it would be nigh on impossible for a local supplier to construct a car and for an internet business sales team who work from home to sell it. It would also be foolish to suggest that some of the more technologically advanced products we use on a regular basis could be designed over the internet by a group who had never met. However there are millions of products which are basic in design construction and production which could be produced in this way. Who knows, some of them may even profit from design development as hundreds of much smaller groups take a look at those designs and insert their own individual ideas to them.