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LogoutA trend is defined as a general direction in which something is developing or changing.1 Trend involves looking at the statistical analysis of historical data over a selected time frame and charting the progression. If the data suggest consistent increases, decreases, or even constancy or flatness, a trend exists. Businesses of all sizes use these kinds of data to help predict the future or shape strategic decisions.
So why are trends important? Because trends help you prepare for the future! From a business perspective, there are three main types of trends: emerging, industry, and megatrends. If organizations ignore any of them, the business drivers or trends may eventually evolve to become a direct threat to their existing business model. If embraced, they hold the key to the next opportunity for growth.
For example, business processes have matured over a decade into a management discipline that treats processes as assets that directly contribute to enterprise performance by driving [operational excellence]and business process agility. Today, business processes have become an essential source of performance that supports business success.
both executives and practitioners are focusing on process trends to gain a competitive advantage by being the early adopter. Our focus is on process mega trends and emerging trends as the driving force that will change how organizations work with and apply these trends successfully to their process landscape in order to gain a competitive advantage in the future.
So guys these were some quick tips that will help you out and how you guys can practically practice it for your brand or profile hope you all guys love this topic and will keep on learning and practicing it let see you all on my next topic.