cxo voice
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home Leadership

Innovation Led Business Strategies are Driving New-Age Businesses

Agnelorajesh Athaide by Agnelorajesh Athaide
March 18, 2020
Innovation Led Business Strategies are Driving New-Age Businesses

The onset of modern digital technology and fast adoption across the industries has revolutionized the business and also the individual’s life. Concurrently, these tech advancements have also given acceleration to a new robust and growing new-age startup business ecosystem that has already become a notable contributor to the economy.

With the evolution of new-age technologies and digitization, there is an onset of a new arena of businesses that are developing beyond the boundaries of time and geography, expanding their businesses globally. Still, many firms are operating traditionally, or slow in adopting a modern way of business are facing many challenges and declines in their businesses. These traditional businesses are at significant risk; they are ignoring customers and market demands.

For entrepreneurs, It is vital to identify and adopt transformative business practices to succeed and stay relevant.

Here are the top 5 business strategies that are driving new-age businesses.

Changing workplace dynamics:

Gone are the dreary days of a 9.00 am to 5.00 pm work hour jobs! With the advent of young new-age entrepreneurs and passionate startup founders, there has been a significant shift in how businesses work. There is a substantial effort in understanding employees, their skills, goal, needs, and providing a suitable working environment to make them comfortable and part of good organizations. Boring cubicles have been replaced with open office cubicles and no doors/ no cabin offices, which helps create an approachable and accessible work environment, putting a focus on merit and professionalism over corporate designation.

ADVERTISEMENT

Apart from that office structure, the workplace today offers active employee engagement programs, which is like a retreat for employees to get away from their mundane work whenever they wish to. These new structural changes are a way to have every employee act like an entrepreneur and take ownership of their actions rather than feeling on an outsider who is just doing their job.

Employees come first: 

Companies slowly realize that to grow business fast, it is essential to look after the employees. Previously companies used to focus on getting business only, retaining their client’s orders, and keeping them happy. At the same time, employee engagement and wellbeing were left to the HR, with little to no effort made to create a connection.

But with the entrepreneurial culture rise in, this mindset has seen a significant change. Many companies now appreciate, acknowledge, and offer several perks and benefits to their employees, not just to happy them but also to motivate and enhance their work productivity. Keeping the employees’ schedule in mind helps a company to grow exponentially and fast since their employees are happy and a lot productive.

Constant Interaction and engagement with the audiences:

Marketing has seen a revolutionized change and has moved forward to a whole new level, both geographically and demographically wise. With social media, brands have the power to understand their customers’ tastes and preferences, and, based on the data, they can drive narratives and conversations around what customers demand.

This approach helps builds trust and loyalty in the audience’s mind, which immensely helps the company in the long run business. Every business seeks to have a loyal base of customers, which they can rely on to support them. This can be done by continually engaging with the audience.

Utilizing New-Age Marketing Tools strengthen your business:

With the inception of new-age businesses, there has been an influx of new-age marketing tools that companies need to understand and use to maximize their reach. Tools like Digital Marketing, which includes the whole gamut of the online world like social media and website, PR, Content, and many more, are what is driving the new-age marketing. It is high time that brands start understanding the importance of these tools since these marketing channels can reach a vast number of audiences at a fraction of cost compared to traditional marketing tools.

Building on Online Reviews:

It is a known fact that customers can be classified into two types. There are the ones who are satisfied customers who are likely to recommend a brand to another. Then there are ones who had a bad experience. The latter is more than likely going to go and write about their bad experience in the form of an online review. According to research posted online by Local Consumer Review, 91 percent of people regularly or occasionally read online reviews, and 84 percent trust online reviews as much as a personal recommendation.

And they make that decision quickly: 68 percent form an opinion after reading between one and six online reviews. We can see how important it is to have online reviews. And it is essential to stop fearing bad reviews and view any report as feedback and an opportunity to engage with a consumer. Responding to reviews to give a personal picture of the Organization and its services and products is essential. Good reviews will offset the occasional negative one.

Conclusion

Necessary procedures, coupled with Innovation and new modern technology, aid the creation of an efficient economic structure where traditional processes are streamlined and replaced by innovative strategies. As the saying goes, old has always to make way for new modern things. And that is the underlying key to developing a nation driven by New-Age businesses.

Disclaimer: Author of this article is Agnelorajesh Athaide, Views expressed in this article are his own

  • Also Read: Leadership 101 for Entrepreneurs, from Chhatrapati Shivaji Maharaj
Agnelorajesh Athaide

Agnelorajesh Athaide

Agnelorajesh Athaide is a Serial & Social Entrepreneur, Real Estate Developer, Global Citizen, Educationist, Angel Investor, and Motivational Speaker. Mr. Athaide Co-established established Business Opportunities Club (BOC) for entrepreneurs to learn and grow.

Related Posts

Genpact XponentL
Business

Genpact Strengthens AI Capabilities with Acquisition of XponentL Data

June 6, 2025
Tata Submarine Cable
Business

Tata Communications Unveils TGN-IA2 Submarine Cable to Supercharge Next-Gen Global Connectivity

June 5, 2025
LTTS and Tennant
Business

LTTS Partners with Tennant Company to Accelerate Innovation in Sustainable Cleaning Technologies

June 4, 2025
Accenture and SIPAL
Business

Accenture to Acquire SIPAL’s Integrated Product Support Business, Enhancing Engineering Services in Aerospace and Defense

June 3, 2025
HCLTech and UiPath
Business

HCLTech and UiPath Join Forces to Revolutionize Automation and Enhance Business Efficiency Globally

June 3, 2025
(L-R) Amit Kapur, Country Head - UK & Ireland, TCS; Shai Weiss, CEO - Virgin Atlantic Signing the Partnership Document
Press Release

Virgin Atlantic and TCS Extend Two-Decade Partnership to Modernize Airline Operations

June 3, 2025
Michael Gonda
People

Michael Gonda Named New Executive Vice President and Chief Communications Officer at NIKE

June 3, 2025
ANACITY Partners with Spintly
Press Release

ANACITY Partners with Spintly to Deploy IoT-Powered Smart Access Mobile Apps Across Commercial Offices

June 3, 2025
Load More
Please login to join discussion
ADVERTISEMENT

Latest Updates

Genpact XponentL

Genpact Strengthens AI Capabilities with Acquisition of XponentL Data

by News Desk
10 hours ago

Tata Submarine Cable

Tata Communications Unveils TGN-IA2 Submarine Cable to Supercharge Next-Gen Global Connectivity

by News Desk
2 days ago

LTTS and Tennant

LTTS Partners with Tennant Company to Accelerate Innovation in Sustainable Cleaning Technologies

by News Desk
3 days ago

Accenture and SIPAL

Accenture to Acquire SIPAL’s Integrated Product Support Business, Enhancing Engineering Services in Aerospace and Defense

by Deepa Sharma
3 days ago

HCLTech and UiPath

HCLTech and UiPath Join Forces to Revolutionize Automation and Enhance Business Efficiency Globally

by Deepa Sharma
4 days ago

(L-R) Amit Kapur, Country Head - UK & Ireland, TCS; Shai Weiss, CEO - Virgin Atlantic Signing the Partnership Document

Virgin Atlantic and TCS Extend Two-Decade Partnership to Modernize Airline Operations

by News Desk
4 days ago

Expert Views

Opinion

When AI Empowers Both Networks and Hackers: The New Battlefield for India’s Telecoms

May 20, 2025
Molly Sands AI
AI

AI RIP: 5 Things Knowledge Workers Will Say ‘Sayonara’ to in the Next Decade

March 8, 2025
multi cloud
Cloud

Multi-Cloud Made Simple: Strategies for Smart Business Management

March 5, 2025
Soft Skills
Opinion

Soft Skills and Technical Know-How: A Winning Combination in the Tech Industry

March 4, 2025
Digital Freedom
Cyber Security

Your Data, Their Gold: The Silent Battle for Digital Freedom

February 25, 2025

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Interviews

Steve Wilson, GenAI Cybersecurity LLMs
Cyber Security

How effective is GenAI in cybersecurity? The role of LLMs and AI in security solutions. [Interview with Steve Wilson]

-
Interview on Counterfeit products with Nikhil Narayan
Leaders Talk

Advancements in ML & AI made it possible to detect counterfeit products in real-time, says Nikhil Narayan

-
Newgenone bridges the gap between business users and IT teams with its low code capability: Varun Goswami
Leaders Talk

Newgenone bridges the gap between business users and IT teams with its low code capability: Varun Goswami

-
AI chatbots, Prasanna-Kumar
Leaders Talk

Can AI chatbots enhance customer experience and reduce the cost of serving customers?

-

Entrepreneur

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

CXOVoice.com is a leading online publication for CXOs, entrepreneurs, senior leaders, developers, and industry professionals. Our coverage spans key sectors, including IT, technology, banking, finance, cybersecurity, engineering, and automobiles.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

[email protected]
  • Home
  • About Us
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

Copyright © 2025 CXOVoice - All Right Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release

Copyright © 2025 CXOVoice - All Right Reserved