Location-based technologies are allowing businesses to create meaningful engagement with consumers. Used properly, there are some revolutionary ways to deepen the relationship that will benefit both groups without compromising privacy.
Strong relationships in business are imperative, and they are made stronger through regular, face-to-face interaction. When face-to-face isn't possible, business professionals need to look for other ways to make themselves visible.
For entrepreneurs, in particular, technology has been a game-changer, dramatically lowering the cost of starting a business -- from establishing a supply chain to advertising to building a customer base.
There is a saying in the Business Process Management (BPM) world: "If you can model it, you can monitor it, and if you can monitor it, you can improve it." BPM can help foster innovation through streamlined processes.
For companies that are knowledge leaders, the rise of mobile devices, new applications, social media and ubiquitous broadband are the foundation for the next wave of business management and employment change.