4. Workflow automation
If you had a way to make some of the simpler, more repetitive tasks at work take less time, would you? (Looking at you, expense reports!)
I imagine many of you would. Well, that’s workflow automation. HubSpot describes workflow automation as “the process of using rule-based logic to launch a series of tasks that run on their own without any human intervention.”
If you’ve used the “SUM” function in Excel to add up a column of numbers, you’ve used a basic version of this.
A more complex example of automating workflows would be email marketing. When you sign up to receive a newsletter for a specific topic, you’ve likely participated in a marketer’s workflow.
Often, an audience will be segmented based on their interests, which lets one company target multiple audiences with diverse but related content.
It doesn’t end there with email marketing. This technology trend of automating workflows will reshape many industries across the board, and now is the time to learn how to capitalize on it.
5. Internet of Things and datafication
If you’ve used a video doorbell, you’ve participated in the Internet of Things (IoT).
Basically, IoT is a fancy way of referring to a virtually connected network of things. It started with our phones and now includes our refrigerators.
We also have wearable technology, like smartwatches and weight trackers, that monitors key data about our health. All that technology captures data about our lives. From the food we eat to our weight the next morning after eating it, everything we do can now be a piece of digitized information.
The concept is called datafication. It essentially takes your daily life and boils it down to data points that can be leveraged in multiple ways.
Like workflow automation, IoT can make aspects of our lives better. There is a cost, however, for convenience outside of the monetary. That, of course, is our privacy.
As Tech Xplore points out, we’re quickly becoming immune to devices tracking our every movement. So much so that, by age 13 our kids will have 72 million data points about them.
Business degrees at University of Phoenix
If you’re looking to expand your business knowledge so you’re ready for tomorrow’s trends, consider one of the online business programs at University of Phoenix.
Associate of Arts with a concentration in Business Fundamentals — From management to accounting, skills learned in this program are essential for anyone looking to advance in their business education.
Bachelor of Science in Business — Knowledge of the ins and outs of running a business can spell the difference between success and failure in a competitive business world.
Master of Business Administration — Prepare for higher leadership roles in an organization. This degree program can prepare graduates for careers as business managers, operations directors and more.
Master of Management — Take your understanding of business organization and management to an advanced level. This degree program is perfect for those with experience in the workforce who are looking to take on greater leadership roles.
Doctor of Business Administration — Expand your understanding of organizations, work environments and industry. This program invites participants to delve into cutting-edge research in the field of business and develop skills for solving complex organizational problems.
Your next move
If any of these top trends for 2023 and beyond have piqued your curiosity, you’re not alone. I recommend seeing where it will take you.
Read articles and books about the trends that interest you. Take a course. Apply what you can to your current life or job. Experiment with your newfound knowledge.
Take that first step and execute where others simply gather information. In this way, you can put yourself in a position to use today’s technology for tomorrow’s good.