Many business rely on a mindset that views successes of the past as gateways to the future. After all, if it worked before, it should work again. Yet, given the rapid nature of technology and the changing landscape of all businesses, this is a shortsighted approach very few companies can afford to take.
This is doubly so given the new generation of workers. As the internet age has shown, the world has changed rapidly. More people are interacting, more jobs and opportunities have become available and knowledge is no longer hard to acquire.
The generational disconnect
One survey clearly conveyed this point.
The study, by the firm Fuze, examined the attitudes and expectations of 5,000 workers and 2,500 teenagers. What they found, as Information Age reports, was “teenage respondents were 25% more likely than today’s employees to view a smartphone as an essential work item”. Further, three quarters of the teenagers asserted the latest technology is essential for work. Only about 2% of the teenagers surveyed even used a landline, “preferring text-based, video and mobile communication.”
This is in line with another study of British employees. This found “a significant disconnect between the needs of a digital-savvy working population and the digital services UK employers are currently providing.”
Clearly, something must change.
Businesses must catch up
Technology changes entire landscapes, from education to business. Employees not keeping up technologically will frustrate their employees. Work will suffer and, thus, harm the company. This isn’t merely about owning the fastest computers. It’s that apps, technology, websites and all manner of services require technology which match today’s standards.
The fact is, businesses refusing to update their technology are like VCR repair stores who doggedly refused to accept DVD’s. This might mean businesses should consider equipment finance in an effort to keep their equipment and materials current.
However, it also impacts a future workforce. Considering your current current workforce will retire and move on, businesses must recognise what the next generation values. Smartphones, as we noted, are essential to people’s lives and their ability to work. Making little effort to accommodate such priorities will mean the next generation of workers might look elsewhere for a job.
It’s essential for a business’ continued existence, not simply because workers want faster computers. Businesses don’t exist in a vacuum. You will be working with clients and associates on technology that requires you to be up-to-date. If you are not, this will bring about a bad reputation for you and your business.