As complex as the world may seem today, it is also full of possibility. Opportunities exist to dream up a new product or service (or, as is increasingly common, a combination of the two) and bring it to market. Even now, cutting-edge companies and savvy entrepreneurs can access resources from all across the globe to manufacture, deliver, and service products without having to invest in large teams or systems.
Constant, continual, and proactive collaboration was key before the pandemic, and there is no reason to believe that will change. Sharing information fast and efficiently with every stakeholder involved in designing and building products ensures that problems can be identified and addressed in real time. Improving access, visibility, and traceability throughout the new product development and introduction process allows teams to optimize designs and streamline manufacturing approaches.
All of this drives faster innovation, adaptation, and, ultimately, viability in an ever-more complex business environment.