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ms.akkineni
ms.akkineni
11/8/2017 8:35:09 PM
User Rank
Platinum
Re: A lot of "sunk costs" in older network tech...
...Peter Drucker stated that business has to earn today the cost of doing business tomorrow.

Wow, such a great and factual statement.

In current market conditions, this has to become model for all businesses. If not it becomes stagnant early on and will hit a deadlock. Having that forward thinking element to be part of the process would help to handle situations where an upfront cost becomes mandatory to meet changing market trend as well as be competitive.

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batye
batye
11/8/2017 5:50:32 PM
User Rank
Platinum
Re: A lot of "sunk costs" in older network tech...
@DHagar the way I see it as technology grow we must embrace it and grow/educate ourself to grow/develop with it - accepting as a constant positive challenge... 

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DHagar
DHagar
11/8/2017 5:13:01 PM
User Rank
Platinum
Re: A lot of "sunk costs" in older network tech...
@batye, true, and the combination and driving forces of artificial intelligence with growing human intelligence will further drive change and applications of technology.

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batye
batye
11/8/2017 5:05:58 PM
User Rank
Platinum
Re: A lot of "sunk costs" in older network tech...
@DHagar thank you, for me it like change is in the air and we must breath it in :) new reality of ever changing technology... 

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DHagar
DHagar
11/8/2017 4:53:26 PM
User Rank
Platinum
Re: A lot of "sunk costs" in older network tech...
@batye, very true.  And I am certain we have not yet even considered the compounding changes that IoT and cognitive computing will cause.

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batye
batye
11/8/2017 4:50:50 PM
User Rank
Platinum
Re: A lot of "sunk costs" in older network tech...
@DHagar I would say taking in the acount changes in technology and development is a must and no other way around it... 

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batye
batye
11/8/2017 4:49:16 PM
User Rank
Platinum
Re: A lot of "sunk costs" in older network tech...
@ms.akkineni yes, I could not agree more I would say Co. must plan ahead for this development/challenges ahead to survive... - the way I see it... 

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DHagar
DHagar
11/8/2017 4:48:24 PM
User Rank
Platinum
Re: A lot of "sunk costs" in older network tech...
@ms.akkineni, well stated.  It becomes a matter of how well you are developing your capabilities to compete and prepare for the future.  Peter Drucker stated that business has to earn today the cost of doing business tomorrow.

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DHagar
DHagar
11/8/2017 4:47:01 PM
User Rank
Platinum
Re: A lot of "sunk costs" in older network tech...
@batye, true, it increasingly becomes a matter of how you are actually "transforming" to accommodate and take advantage of new technology that becomes a new element.

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DHagar
DHagar
11/8/2017 4:45:19 PM
User Rank
Platinum
Re: A lot of "sunk costs" in older network tech...
@mhhf1ve,  you make excellent points in recognizing the components within the cost comparisons are different, with some evn being long-term as opposed to short-term.

I am wondering if we may increasingly recognize that an come up with new metrics that better reflect the true "value"?

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