The following excerpt is from the Unicist Confederation Blog post titled “Speed defines success in the business world” by Diana Belohlavek.
Speed is the basic condition for the success of artists, professionals or companies. The technological development, among other factors, made speed a central issue in business.
Power, considered from the Physics point of view and regarded as a universal concept, is defined by the quantity of work that is done in a unit of time.
P = Work/Time
If we take a look at the most successful artists, they are the ones that can produce their “work” (art) in a quantity of events that make them fast in relation to the market possibilities.
If we analyze the alliances that are made in the business world, they all include a search for speed beyond their possible complementation or supplementation of their products or services.
In business, speed depends mainly on the knowledge one has of what is being done. The one who better knows what s/he is doing is faster than the rest. And this standard of speed is given by the market, not by the individual.
In this sense, it’s important to bear in mind that the “survivors” in the business world need to stop or slow down the speed, since they do what they can instead of what is needed.
On the other hand, the central actors of a market search for an increase in speed to be ahead of their competitors and see first in the market what others have not yet seen. Speed depends on an attitude.