19 Jul Facing your fear of new technology
New technology can be very daunting at times. No matter what business you have or what industry you’re in, there are going to be changes which you need to make to get the most out of your organisation. Some of these changes may be small, whereas some of these changes could change the entire infrastructure of your business. Most of the time, this isn’t a bad thing.
Some businesses adapt quickly to economic and environmental changes within their industry, however SMB’s tend to put off introducing new technology due to fear of change, leaving them to run with manual processes and old systems. Failing to keep up with the ever-changing technology developments could put your company at risk. Even implementing new technologies can increase both efficiency and profitability.
After looking at the risk of a business running without new technology and the benefits of running with it, why does hesitation still exist? Can it be justified? But more importantly, what can be done to overcome this fear?
Let’s start by looking at the main causes of the unease when implementing new technology.
1. A lot of SMB’s are so used to doing things in a certain way they become less motivated to try something new. Complacency is a powerful demotivator and this is not the mindset you want when trying to grow a business.
2. New devices and software is seen as an extra expense not worth adding and is normally wrote off because it’s expensive to get started. People tend to forget new technology is designed to help you run more efficiently, helping you to save more money then what you have invested into it.
3. Without any experience with investing in new technology, some businesses don’t want to mess with it. Intimidation creeps in when you need to make a decision and you don’t know where to start. This can be easily dealt with by working alongside someone, like a consultant, or a team who are more experienced then you are.
Overcome your fear
1. Never base a decision on what you’re most comfortable with and don’t make a choice reliant on the latest or most popular piece of technology. Instead investigate the ROI. How much will it cost? How much will you save – time and money? How much profit will you make?
2. Take the time out of your day to do some research into new devices and systems which could benefit your business or ones which are currently being used in your industry. Doing this will not only give you a greater understanding of what you can do to help the growth of your company, but it will also ease the feeling of apprehension when it comes to the topic of the latest tech.
3. It’s important to know that you don’t have to invest into everything at once. Instead, consider completing new technology projects one at a time. This way you’re not overwhelmed with the amount of training and knowledge needed and it allows you to take your time getting used to the new device or system.
Fear is a natural response when it comes to the unknown, so the worry of new technology is far from unusual. Facing your fears is never easy, if it was, every business would be successful. The ones that are thriving, were the ones which were prepared to take that final jump.