No More Follow the Leader This means that playing follow the leader in business will not work the same way that it has in the past.
In decades past, many businesses were content to let a competitor do the heavy lifting, as it pertained to changes and development in a particular industry or business genre.
Then they could come in after all the bugs had been worked out of a system and incorporate the perfected system into their own business.
A Faster Paced Business Environment Unfortunately, for far too many businesses that doesn't work any more.
In this new faster paced global business environment, business that try to ride on other businesses development coat tails are simply left in the dust as their more efficient, quicker adapting rivals zip past leaving nothing for the scavengers.
When Available Software Just isn't Completely Adequate Custom software development, simply describes the process by which a business will have developed new software that will enable them to function more efficiently.
While there is plenty of "off the shelf" software that is available for businesses to pick and choose from, there may come a time when a business finds themselves in a period of change or discovery.
Waiting Can Cost More than Taking Action It is during these times when a business finds that off the shelf" software may not do everything that it needs it to do.
Businesses now have the option of having custom software developed that will specifically fit their needs.
If a business waits for another competing business to develop new problem solving software, then they will be last in line to receive the rewards that flow from it being developed.