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Ever since the industrial revolution there has been a direct link between the success of the world of technology and the business world. Indeed business and technology feed on the success of each other; every new invention creates a product that can be marketed by the business world and the ever growing world of business drives research into new technology all the time.

There are many examples of this in the business world. If one considers how the introduction of the humble calculator and later the computer created a revolution in the accounting world, you will clearly see the principle in action. Three decades ago it seemed as if the appearance on the market of computer software that can automatically draw up financial statements for any business if a junior clerk enters the correct figures will put accountants out of work.

The opposite has happened. The sheer number of analysis tools have made the accountant more necessary than ever to explain the figures to the ordinary man and woman in the street. The work of the accountant has certainly been made easier by the introduction of these software packages.

During the same period a new career has started to take shape: that of the lecturer who has the job of training accountants and other financial staff in the workings of all these financial packages. With every new generation of spreadsheet and accounting software more complicated than its predecessor, the role of these trainers have become more pivotal.

If you look at the manufacturing world, you will see that new production techniques that are nearly completely automated have certainly caused a decrease in the demand for unskilled labor. The demand for skilled labor that know how to operate these production lines have increased at the same time.

There is also a growing demand for well-trained technicians who have the knowledge to service and maintain these automated production lines. The demand for labor is therefore shifting from unskilled, untrained labor to highly skilled labor all the time.

This never-ending shift towards state of the art technology is causing unprecedented changes in the business world. Countries that have a well-trained but inflexible and expensive labor force are finding it hard to cope in the competitive world markets of the 21st century. On the other hand countries with a highly adaptable and affordable labor force are coming out on top every time.

Business and technology seem to be inextricably linked in the world race to become the most competitive economy. The country that can most effectively use technology to drive it's business world at the most realistic cost levels is sure to come out ahead of the others.

yournetbiz

yournetbiz

yournetbiz

Every new technology results in new products that can be sold at a profit by entrepreneurs the world over via online business marketing and use of search engine optimisation services . We've got the inside scoop!

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