Why wouldn’t businesses incorporate new technology and social media into their business models?

1) Consumer expectations have risen as social media drives their attention toward products, businesses, and ideas 2) Organizations must reshape their products and how they’re delivered to get ahead of changing forces in the new digital age 3) Businesses need to transform their traditional operating models to effectively respond to the needs of consumers today

 Pressure is mounting on business leaders to adapt to “the new digital age” › Consumer demand › Internal affairs

 Evaluating trends leads to: › Enhancement › Extension › Redefining  Analytics Tool: Visual TechnologiesVisual Technologies Better Customer Experience

 Strengths › Discussion of the challenges and potential results of updating business models  Weaknesses › No discussion of the difficulty businesses are having with transitioning  Why companies fail

…but if we have time…

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