Business Goods & Services

Market forces have constantly ensured that the performance and nature of the work place balances. If you recognise that the principles of supply and demand will make certain that the right, or required, products and services are provided by successful businesses, then the impact of the Internet Business development may well adjust the accepted economic paradigm.

Usual business models are based on a separation of function which for arguments sake resulted from the mechanisation of industry at some point during the Industrial Revolution. In order to advance efficiency the work place “scientists “ such as FW Taylor argued that separation of roles would improve production rates. Then 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 competition at both ends of the chain (in manufacturers and retailers).

This model designed around silo’s is now under threat from the worldwide web, the very nature of the capability to share data instantly has had the effect of bringing together those conventional silo’s. It is now perfectly possible that a faction of designers can get together, design a product or service online, in real time. If the output is a product then via 3D printing technology that product can be produced and marketed via a website. An total supply chain can effectively Work From Home producing goods and services via Online Jobs.

This kind of activity will have an affect on the world of work as we view it today, Online Jobs will be the standard as opposed to the exception as design, processing and assembly, sales and marketing and distribution are all possible through a broadband connection. Conventional barriers to entry in markets, such as accessibility, market information and skill sets will become less of an issue as a start up Internet Business can, without any problem source fitting skills online and have no need to co-locate a group who can all in fact Work From Home. Any market is easy to get to when sales pitches and customer contact is made through effective use of today’s communication technology. Business forums and blog sites can also grant useful local and regional business information through dialogue with firms already working in that market – clearly there is an issue around sharing information that could be useful to your competition.

There is no doubt that the mechanics of production as we understand them today will still be necessary for some elements of manufacturing and production, it would be almost 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 goods we use on a daily basis could be designed over the internet by a team who had never met. However there are millions of products which are simple in design construction and production which could be produced in this way. Who knows, some of them may even gain from design improvement as hundreds of much smaller teams take a look at those designs and append their own individual innovation to them.

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