Written by

Bernard Marr

Bernard Marr is a world-renowned futurist, influencer and thought leader in the fields of business and technology, with a passion for using technology for the good of humanity. He is a best-selling author of over 20 books, writes a regular column for Forbes and advises and coaches many of the world’s best-known organisations. He has a combined following of 4 million people across his social media channels and newsletters and was ranked by LinkedIn as one of the top 5 business influencers in the world.

Bernard’s latest books are ‘Future Skills’, ‘The Future Internet’, ‘Business Trends in Practice’ and ‘Generative AI in Practice’.

Generative AI Book Launch
View My Latest Books

Follow Me

Bernard Marr ist ein weltbekannter Futurist, Influencer und Vordenker in den Bereichen Wirtschaft und Technologie mit einer Leidenschaft für den Einsatz von Technologie zum Wohle der Menschheit. Er ist Bestsellerautor von 20 Büchern, schreibt eine regelmäßige Kolumne für Forbes und berät und coacht viele der weltweit bekanntesten Organisationen. Er hat über 2 Millionen Social-Media-Follower, 1 Million Newsletter-Abonnenten und wurde von LinkedIn als einer der Top-5-Business-Influencer der Welt und von Xing als Top Mind 2021 ausgezeichnet.

Bernards neueste Bücher sind ‘Künstliche Intelligenz im Unternehmen: Innovative Anwendungen in 50 Erfolgreichen Unternehmen’

View Latest Book

Follow Me

The Future Of Business: 8 Trends For Startups To Watch

8 May 2023

Change and transformation in business continue at a furious rate, and new trends pose opportunities and challenges for organizations of all sizes.

But what are the top trends that are the most relevant for startup organizations right now?

Let’s look at how startup founders can rethink their organizations’ product and service delivery to leverage these trends and stay ahead of their competition.

The Future Of Business: 8 Trends For Startups To Watch | Bernard Marr

1. Becoming a purposeful business

Customers are more likely to buy from — and remain loyal to — brands with a strong sense of purpose.

Today’s most successful startups not only deliver amazing products, services, and experiences to customers, but they should also work to tackle the biggest challenges we face as a society.

2. Sustainability

All startups should be weaving sustainability into every aspect of their businesses, including products, services, and processes. This can include efforts like reducing waste, transitioning to energy-efficient manufacturing practices, and tracking the environmental impact of their operations and supply chains.

Organizations and businesses that don’t put sustainability at the center of everything they do, will simply be left behind.

3. Finding and keeping talent

Startup companies are now competing for talent with the biggest tech companies in the world, and the job market is tighter than ever for employers.

To be successful, startup founders must make attracting candidates and engaging their best workers a top priority.

Motivate your talent and reduce turnover by delivering an amazing employee experience and being transparent about your company’s values.

4. Customer relationship-building

Building direct relationships with customers will become critical for startup organizations. Collecting direct data from your customers will enable you to understand how they use your products — including what they like, dislike, or ignore.

Data now is the lifeblood of every organization today, so being able to build trusted, direct relationships with customers so you can collect that data is key.

5. Every company is a tech company.

In this time of rapid digital transformation, every organization needs to think of itself as a tech company. When thinking about the future strategy of your startup, consider incorporating artificial intelligence, blockchain, and Web3 technology into business processes.

6. The opportunities of the metaverse

I believe the metaverse will offer huge opportunities for your business. Technology like augmented and virtual reality will allow your company to create far more immersive experiences for prospects and customers, as well as new products and services and products from digital-only shopping.

If you’re not already thinking about the metaverse, ask yourself, “How can our company add value by turning customer interactions into experiences?”

7. Finding a balance between automation and human talent

Don’t worry — robots aren’t coming to take over all our jobs! But startups do need to be thinking about how they can balance automation, robots, and AI with traditional human talent.

Human beings have skills like creativity, critical thinking, and strategic foresight that robots simply can’t replace. Startup founders need to give humans the jobs they excel at while automating the things they can with machine learning and AI.

8. Innovative business funding

You’re no longer limited to traditional financial sources to fund your startup!

With new trends like crowdfunding, Initial Coin Offerings (ICOs), SPACs, and tokenization, companies can grow in very different ways from what was possible in the past. It’s worth staying up-to-date on these business finance trends, so you know your options.

Business Trends In Practice | Bernard Marr
Business Trends In Practice | Bernard Marr

Related Articles

The Employees Secretly Using AI At Work

Imagine walking into your office and noticing your colleague Sarah effortlessly breezing through her tasks with uncanny efficiency.[...]

Battling AI Fakes: Are Social Platforms Doing Enough?

Since generative AI went mainstream, the amount of fake content and misinformation spread via social media has increased exponentially.[...]

Sign up to Stay in Touch!

Bernard Marr is a world-renowned futurist, influencer and thought leader in the fields of business and technology, with a passion for using technology for the good of humanity.

He is a best-selling author of over 20 books, writes a regular column for Forbes and advises and coaches many of the world’s best-known organisations.

He has a combined following of 4 million people across his social media channels and newsletters and was ranked by LinkedIn as one of the top 5 business influencers in the world.

Bernard’s latest book is ‘Generative AI in Practice’.

Sign Up Today

Social Media

0
Followers
0
Followers
0
Followers
0
Subscribers
0
Followers
0
Subscribers
0
Yearly Views
0
Readers

Podcasts

View Podcasts