Be twice as good every two years

How new is your business? It takes approximately two years for processing power to double. It makes sense to keep your company up to pace with new technology. Computers’ processing speed and capabilities double every two years. Every two years the rate at which information becomes available also doubles.
Is your business’s capability doubling every two years, or are you falling into a capability gap?

The capability gap is the difference between the amount of information you need to remain competitive and the amount of information you can actually generate.
It is therefore important to develop a plan to improve, and ultimately double the capability of your business. This will not only enable you to do more, but it will also enable you to make more happen and be twice as good as you were two years ago.

Use an annual budget for technological growth, and implement it into a two-year business plan to keep track of it and maintain enough continuity to successfully mange your business.

Survival isn’t optional. You have to close the capability gap. You can accomplish this by acquiring new technology, or investing in reliable technology, or both. Whichever one matters to you makes no difference, as long as it keeps you moving forward... double time.