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Community \ Supplier Diversity \ Recent Supplier Diversity Activity
News Briefs
Mentoring: A Guide for MW/DV BEs
How to Leverage Technology
Implementing E-Commerce: What is Required?
About Venture Capitalists: A Little Background

How to Leverage Technology

All businesses will need to leverage technology if they are to remain competitive in the marketplace. MW/DV BEs in particular will need to aggressively embrace it if they are to effectively compete. Here are some tips that will help you succeed in today's work environment:

Learn as much and as quickly as you can about the emerging technologies through which business-to-business commerce will be conducted.
Connect with others who already have experience in using "enabling technology" to enhance their business models.
Include technology in your business solution proposals to customers and detail how it will make you a better supplier.
Use current window of "B2B" (Business to Business) confusion as an opportunity to leap-frog over incumbent competitors.
Use the Internet to reach beyond your traditional definition of customer sets.
Don't let the "fear of technology" constrain your business vision; rather, use it to expand your value proposition beyond what you can do today.
Ensure that whatever technology you use adds value to your bottom line, not just the pages of your Web site.
ALWAYS include enabling technology in your strategic business plan and then EXECUTE the plan!

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