The Philippines is becoming part of a bigger world, and with that growth comes larger competition. To stay competitive, top executives at a recent forum in Pasay City say businesses must make better use of ICT.
The AEC Advent
In December 2015, the ASEAN Economic Community is expected to go into effect, in which the economies of several countries will in many ways merge. Some reasons why ICT will help subject matter experts (SMEs) keep afloat amidst changes is that it will enable them to harness technology, expand business, and introduce innovative products and services that take advantage of the much bigger landscape being introduced. An article at Newsbytes.ph further quotes one business on advantages to be had:
“Also, ICT integration will help [SMEs] keep pace with the increasingly complex and demanding Asean economy through collaborations with the region’s strongest players. Lastly, it can potentially open doors for interconnected businesses to penetrate the supply chains of foreign enterprises,” it said.
Massive change for the better is coming as politics and technology both open up new channels for communication. While there is no need to discard smart best practices, improving your ICT will be a way of smoothing out the transition from now through to tomorrow. You can learn more at the full Newsbytes.ph article: http://newsbytes.ph/2014/07/28/with-asean-integration-in-2015-local-smes-told-to-embrace-ict/