{"id":531,"date":"2011-07-24T17:21:59","date_gmt":"2011-07-24T21:21:59","guid":{"rendered":"http:\/\/rentpost.com\/blog\/?p=531"},"modified":"2023-05-20T20:15:33","modified_gmt":"2023-05-21T00:15:33","slug":"innovation-accelerates-tech-nergy","status":"publish","type":"post","link":"https:\/\/rentpost.com\/blog\/realestate-news\/innovation-accelerates-tech-nergy\/","title":{"rendered":"Innovation Accelerates: Tech…nergy?"},"content":{"rendered":"

\"\"<\/a>I was just speaking with a property manager, and somehow we ended up having a lengthy discussion about the seemingly accelerated effect that technology has on business and life in general.\u00a0 Before dismissing this as \u201cduh<\/em>,” (for lack of a better term)\u2026[re]consider a few specific words I included in this otherwise over-generalized statement:<\/p>\n

\u201c…accelerated effect that technology has on business.”<\/em><\/strong><\/p>\n

This<\/em>, in my mind, presents a dynamite topic of discussion, and after sharing my thoughts with a handful of clients, prospective clients, and colleagues\u2026, I\u2019ve realized that others recognize this topic\u2019s relevancy, regardless of their independent opinions on subject.<\/p>\n

These recent conversations have brought new depth to the issue\u2026\u00a0 Some folks agree with my original thesis, others do not.\u00a0 Out of those who do agree, not all of them like these changes.\u00a0 Of those who do not like the effect of new technology on business, some believe that the problems created can and will be fixed in time with further innovation.\u00a0 And so on…and so forth.<\/p>\n

My\u00a0point:<\/strong><\/p>\n

\u00a0I\u2019d like to create an open, public forum for further discussion of the subject.\u00a0 Welcome are all pertinent comments, questions\/solutions, and other ideas.\u00a0<\/strong><\/p>\n

A client actually suggested that I open this \u201cforum,\u201d as a blog post, and I agreed\u2026thankfully, he granted his permission to share pieces of our email\/g-chat correspondence on the subject, so hopefully this will break the ice and get the public conversation started\u2026<\/em><\/p>\n

<\/em>*A Big \u201cThank You\u201d to Mike from Coconut Grove, Florida!*<\/strong><\/p>\n

Mike:<\/strong><\/p>\n

“Ok, so I think I get what you meant in the email, but bear with me so I can make sure I follow you.\u00a0 By accelerated, I\u2019m guessing that you mean that technology is affecting business more and more as time goes on?\u00a0 For instance: technology is changing the game\u00a0more\u00a0in 2011 than it did in 2010\u2026more in the 2000\u2019s than in the \u201890\u2019s?\u00a0 I guess I see where you\u2019re coming from, but is there anything we can put our finger on that explains this trend?\u00a0 And if so\u2026how can we use this information to our advantage \u2013as players in the real estate industry or more specifically as property managers?”<\/p><\/blockquote>\n

Me:<\/strong><\/p>\n

“Mike, your interpretation of the \u201cacceleration\u201d that I\u2019m referring to is right on. \u00a0I think of the trend as a snowball effect of sorts.\u00a0 The [newest] technologies associated with our fast-paced lifestyle cling on to business practices, aiding those industries to move with greater speed and strength (force), collecting and binding an ever-increasing amount of new technologies.\u00a0 So, effectively\u2026the greater the current role of technology in respective industries, the faster that respective industries will continue to evolve.\u00a0 It\u2019s physics\u2026I\u2019m just not exactly Einstein, so please forgive my over-simplified explanation!”<\/p><\/blockquote>\n

Mike<\/strong>:<\/p>\n

“Ok, Mr. Mann \u2013I\u2019m no Isaac Newton\u2026but I like your hypothesis!\u00a0 What do you think causes this \u201cacceleration?\u201d\u00a0 I mean, what are the variables or inputs or criteria\u2026or whatever that sets all of this in motion..?”<\/p><\/blockquote>\n

Me<\/strong>:<\/p>\n

“Dang.\u00a0 I thought you\u2019d just nod and smile\u2026not ask that I actually back this theory up!<\/p>\n

Well, actually, I was just thinking about that, and this is what I think stimulates this proposed \u201cacceleration\u201d of technology and its effect on business:<\/p>\n

    \n
  1. Availability of [good\/correct] information<\/li>\n
  2. Communication\/Collaboration of this info<\/li>\n
  3. Demand for innovation<\/li>\n
  4. Efficiency increased as result of implementation<\/li>\n<\/ol>\n

    So, let\u2019s apply this to something that is familiar with most folks, high-tech cell phones (e.g. iPhone, BlackBerry\u2026).\u00a0 Think about these devices (for both personal and business use) and the updates between new models.\u00a0 Does it not seem that every new version or model has more and more \u201capps\u201d and other innovations?\u00a0 Every successful\/popular piece of technology (or innovation) from the previous model seems to be expounded upon\u00a0PLUS<\/strong>\u00a0new features, or \u201capps,\u201d are added (often in greater numbers than were added at the time of the previous release\/model).<\/p>\n

    This pattern can be traced across most industries and product lines\u2026across various fields\u2026produced for various purposes.\u00a0 And the momentum is not just gained vertically, but is distributed across corporate divides.<\/p>\n

    Information about the progress of others is more readily available than ever, and the scope of available industry info is ever-expanding\u2026whether this is due to cooperation or copycat.\u00a0 Those who fail to adjust lose efficiency, desirability, and thus profitability\u2026and ultimately become eliminated.”<\/p><\/blockquote>\n

    Here’s an interesting article with some additional insight into this topic…<\/p>\n

    http:\/\/www.avanade.com\/Documents\/Research%20and%20Insights\/Collaboration-The%20Business%20Value%20POV-Template%20%20FINAL.pdf<\/a><\/p>\n

    What are your thoughts? \u00a0I think it’s fairly understood that this is the case, but how it happens, who it affects, and the rate at which it affects, compounds over time. \u00a0Has this brought you to adopt or consider adopting new technology into your business?<\/strong><\/p>\n

     <\/p>\n

    - Davis Mann -<\/em><\/strong><\/pre>\n","protected":false},"excerpt":{"rendered":"
    \"\"<\/a>I was just speaking with a property manager, and somehow we ended up having a lengthy discussion about the seemingly accelerated effect that technology has on business and life in general.\u00a0 Before dismissing this as \u201cduh<\/em>,” (for lack of a better term)\u2026[re]consider a few specific words I included in this otherwise over-generalized statement: \u201c\u2026accelerated effect that technology has on business…”<\/em><\/strong><\/p>\n
    This<\/em>, in my mind, presents a dynamite topic of discussion, and after sharing my thoughts with a handful of clients, prospective clients, and colleagues\u2026, I\u2019ve realized that others recognize this topic\u2019s relevancy, regardless of their independent opinions on subject.<\/p>\n
    These recent conversations have brought new depth to the issue\u2026\u00a0 Some folks agree with my original thesis, others do not.\u00a0 Out of those who do agree, not all of them like these changes.\u00a0 Of those who do not like the effect of new technology on business, some believe that the problems created can and will be fixed in time with further innovation.\u00a0 And so on…and so forth.<\/p>\n
    Read on for our conversation and further analysis…<\/p>\n","protected":false},"author":45,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[5,6],"tags":[105,113,462,490,683,751,790,1080],"class_list":["post-531","post","type-post","status-publish","format-standard","hentry","category-realestate-news","category-opinions","tag-blackberry","tag-business","tag-innovation","tag-iphone","tag-open-forum","tag-property-management","tag-property-manager","tag-technology"],"jetpack_publicize_connections":[],"aioseo_notices":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4cqZp-8z","_links":{"self":[{"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/posts\/531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/users\/45"}],"replies":[{"embeddable":true,"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/comments?post=531"}],"version-history":[{"count":1,"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/posts\/531\/revisions"}],"predecessor-version":[{"id":5228,"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/posts\/531\/revisions\/5228"}],"wp:attachment":[{"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/media?parent=531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/categories?post=531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rentpost.com\/blog\/wp-json\/wp\/v2\/tags?post=531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}