Your 2019 forecast, If you accept it
So here we are at the end of the 3rd week of 2019 and I've already attended three events and read a dozen articles on all the predictions for this upcoming year.
I've had the opportunity to listen to top technology leaders, business leaders and financial leaders on the topic. Add to that the dozen articles I've read and wow it's going to be an amazing year, for those that show up.
So what are my take-a-ways?
- There are plenty of risks out there ranging from trade disputes to market disruptions and geopolitical events, but this could be said of any year.
- None of the major world economies are currently in recession or look to be in 2019
- Manufacturing for most of the worlds economies is up, in fact for some, way up
- Access to capital remains strong and for some industries as high as they have ever been. (especially those based on new disruptive technologies)
- Unemployment rates for most advanced countries, well they don't exist because most are below what's considered "Full employment"
- Access to skilled labor whether white collar or blue, is tight
- Market growth opportunities for many industries is exceptional even with some commodity-based markets under significant price pressures.
- Business optimism remains neutral to positive depending on the region
- Tax environments in most markets continue to improve
- Technology and Innovation have created a much more level playing field for all organizations to leverage and grow.
Hm-mm, so where's the downside?
Well there are risks as there always are, but let's be honest, in this time and environment if you are not growing you are missing something in your strategy.
In our experience the single most important element to your growth is likely the one you are missing and or worse, ignoring.
“Technologyâ€
Everything from AI, to robotics, to advanced telecommunications, to fintech, to blockchain, etc.
This is not to say that all of these are necessarily critical for your business, but it is to say you better find out!
In fact, if you don't quickly learn about what technologies will keep you ahead of your competitors, not too worry, you won't have to for long...soon enough you'll be working for them.
Our industry is just as poised to continue changing dramatically as any other and yet most companies we talk to are still relying on outdated sales methodologies.
We train and help our clients to work with nothing but inbound opportunities by engaging constantly with their customers online. We are constantly bringing in new applications and technologies where we know our customers will benefit.
It’s about constant change and recognizing those technologies that can make a difference, not waiting to see if your competitor does it first!
So, if this is not the year for your organization to break all of it's records, just remember the opportunity may not be quite the same next year.
Look "up" to new roads not "down" at your existing path and you will see your opportunities!
We look forward to helping your organization take the future path!
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** An overwhelming number of companies are still stuck in the mindset that social media is the domain of marketing rather than sales. As buying patterns continue to evolve this is an increasingly dangerous position to take. More and more every day, buyers are reaching out via social channels rather than phone or email, and your sales team needs to be equipped to properly follow-up with these leads. **
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@TRsocialselling|| @ExpoSalesLtd
Should have Played Quidditch for England
6 å¹´Great summary, thanks Thomas!