logo
5 ways to keep your business ahead of tech disruption

5 ways to keep your business ahead of tech disruption

Fast Company16-06-2025

'The best laid schemes of mice and men [often go awry],' wrote the poet Robert Burns in 1785. In other words, even our most carefully crafted plans rarely unfold as expected. Nearly two and a half centuries later, in the fast-moving age of AI, that insight feels more relevant than ever.
For entrepreneurs, staying competitive means building a business plan that can keep pace with evolving technology. After nearly two decades as CEO of a SaaS company, I've learned that planning isn't about predicting the future with perfect clarity—it's about being ready and adaptable. Here are five planning strategies that have helped me make my company more tech-responsive and allowed me to future-proof our growth.
Building flexibility into budgets
If the past few years have taught us anything, it's that change is the only constant—and that rapid change is more likely than ever, whether in technology, the economy, or global health.
To keep up in a fast-paced and largely unpredictable tech landscape, leaders need to build flexibility into their budgets. At Jotform, that means factoring in a bit of slack for experimentation and unforeseen shifts. We make space for pilot programs, internal beta testing, and regular software updates—not as an afterthought, but as a core part of our planning process. This approach enables us to pivot as needed and stay open to emerging tools or trends, like AI agents, that could give us an edge.
In a landscape defined by constant evolution, adaptability can become a competitive advantage.
Revisiting the tech stack quarterly
It's essential to regularly revisit your tech stack—the software tools, frameworks, and infrastructure that keep the wheels of your company turning. An interface or database that worked well six months ago may be completely obsolete today. What's more, I've found that you can almost always identify ways to make your workplace more efficient.
While many companies revisit their tech stack annually or biannually as a rule of thumb, for businesses operating in environments where technologies are evolving fast, I'd recommend a quarterly check-in.
Conduct your review with an automation-first mindset. With the right tools and tech, you can streamline entire processes and eliminate tedious, manual tasks, freeing up employees for work that truly matters. Nowadays, I'm investing my time and energy in researching the latest AI agents to integrate into our tech stack. These are autonomous tools that can independently carry out tasks or entire workflows. You give them the goal, and they figure out how to execute it.
Think of it as regularly tuning your engine—and you don't want to cruise, you want to race.
Creating a cross-functional tech committee
At our company, cross-functional collaboration is second nature. Since most projects span multiple departments, we've found that bringing together diverse expertise not only builds momentum, but also leads to smarter, faster decision-making. By involving key stakeholders early, we avoid costly delays and hiccups down the road.
Today, most companies need a dedicated tech committee—one that keeps a pulse on emerging technologies, evaluates the company's existing tools, and offers strategic guidance on implementation.
To make the best decisions for the business, this committee should include representatives from across the organization: developers, designers, sales, HR, finance, and beyond. A cross-functional makeup ensures that all perspectives are considered when shaping the company's tech stack.
Investing in digital upskilling
As a growing body of research shows, professionals across the board are anxious about the impact of AI on their job security. A recent survey, for example, found that 74% of IT professionals fear AI will render their skills obsolete. And yet, many companies continue to take a wait-and-see approach when it comes to AI, mistaking a fundamental shift for a fad. But as each day makes more patently clear: AI isn't going anywhere.
To stay competitive—and to ease employee concerns—companies should adopt a top-down strategy for digital upskilling. Fortunately, AI itself can be a powerful solution. AI-powered tools offer scalable, cost-effective training tailored to each employee's role, skill level, and goals.
Take those AI agents, for example: They can design personalized learning paths, identify targeted materials, and conduct Socratic-style sessions to deepen understanding. Imagine a social media manager aiming to upskill in AI-generated content. An agent can provide curated lessons, recommend practice exercises, and schedule check-ins—making it easy to integrate learning into the workday without cutting into personal time.
Monitoring adjacent industries
Finally, monitoring industries adjacent to your company is not a planning tip—it's a strategy for survival nowadays. Consider the cautionary tale of Blockbuster. By ignoring advances in technology and e-commerce, and consumers' shift toward convenience, they missed the streaming revolution. They filed for bankruptcy in 2010. Meanwhile, Netflix is crushing it in 2025.
The takeaway? Leaders who track innovation beyond their own industry are quicker to adopt the right solutions for their companies. Identify the right thought leaders, check software review sites like G2, and stay plugged into emerging tech. Your plans still might not unfold as expected, but with the right tools, you'll be able to adapt.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

FedEx Corporation (FDX): Keep An Eye On Global Tensions, Warns Jim Cramer
FedEx Corporation (FDX): Keep An Eye On Global Tensions, Warns Jim Cramer

Yahoo

time27 minutes ago

  • Yahoo

FedEx Corporation (FDX): Keep An Eye On Global Tensions, Warns Jim Cramer

FedEx Corporation (NYSE:FDX) is one of the . FedEx Corporation (NYSE:FDX) is one of the biggest freight and logistics companies in the world. Its shares are dependent on global and American economic performance. Year-to-date, FedEx Corporation (NYSE:FDX)'s shares have lost 16.5% on the back of a devastating 19% drop in the aftermath of the Liberation Day tariffs. Cramer's previous comments about the company have discussed how its business-to-business operations are failing to perform. However, despite this, the CNBC host prefers FedEx Corporation (NYSE:FDX) over its rival UPS. Cramer also likes the firm's CEO. His latest remarks urged viewers to keep an eye on President Trump's anger towards Spain and how it could affect global logistics companies like FedEx Corporation (NYSE:FDX): 'I wanna keep an eye on that, because I know that a company like FedEx, I mean cross border's really, really huge.' A driver unloading packages from a van for a time-critical delivery. Here's what Cramer said after FedEx Corporation (NYSE:FDX)'s latest earnings results: 'Third loser, freight transportation. Truckers can't seem to make their numbers. The railroad stocks can't get any momentum. FedEx showed you how hard this business is when they reported last night. Their business-to-business service has been stuck in neutral, even as the business-to-consumer side is okay, but FedEx hasn't been able to make the Street's numbers. I think we've got some opportunity here, though. FedEx has cut its capital expenditures and chopped its expenses. It's a coiled spring. I like coiled springs, but understand that it won't spring until we see how the tariffs shake out, because so much of the business involves import-export. Until then, spring stays coiled.' While we acknowledge the potential of FDX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.

Congressman Says 'Nobody Asked For The IRS To Be Americans' Tax Preparer,' Applauds Efforts To Shut Down The IRS Direct File Program
Congressman Says 'Nobody Asked For The IRS To Be Americans' Tax Preparer,' Applauds Efforts To Shut Down The IRS Direct File Program

Yahoo

time27 minutes ago

  • Yahoo

Congressman Says 'Nobody Asked For The IRS To Be Americans' Tax Preparer,' Applauds Efforts To Shut Down The IRS Direct File Program

Rep. Jason Smith (R-MO) is celebrating the House-passed bill that would shut down the Internal Revenue Service Direct File program, a free federal tool that allows Americans to file taxes online without paying private companies. 'Nobody asked for the IRS to be Americans' tax preparer, filer, and auditor,' Smith posted on X on June 24. 'The House-passed One, Big, Beautiful Bill puts an end to the IRS Direct File Program.'Don't Miss: GoSun's breakthrough rooftop EV charger already has 2,000+ units reserved — become an investor in this $41.3M clean energy brand today. Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. Despite Smith's remarks, the Direct File program has received broad support from taxpayers and voters across the political spectrum. According to a Data for Progress poll conducted in April, 82% of likely voters said they support expanding Direct File to all Americans. That includes 80% of Republicans, 85% of Independents, and 81% of Democrats. The IRS launched Direct File using Inflation Reduction Act funds. It started as a small pilot in 12 states during the 2024 tax season and expanded to 25 states in 2025, serving 32 million eligible users. The tool was described as secure, simple, and always free. Kitty Richards, senior fellow at the Groundwork Collaborative, a progressive economic policy group, said Direct File was 'a crystal clear example of government efficiency at work. Taxpayers shouldn't have to pay exorbitant fees to predatory for-profit companies just to file their taxes.' According to Groundwork, IRS data and user surveys also backed the program's popularity. In 2024, 90% of surveyed users rated their experience as excellent or above average, and most reported filing in under an hour. By their estimates, Direct File saved taxpayers $5.6 million in fees during its first full rollout, and every dollar invested returned $160 in savings. Trending: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100. When news broke out in April that the Trump administration plans to discontinue Direct File for the 2026 tax season, Sen. Ron Wyden (D-OR) called Direct File a 'massive success' that removed unnecessary middlemen. He accused President Donald Trump and Treasury Secretary Scott Bessent of 'robbing regular American families to pay back lobbyists that spend millions to make tax filing more expensive and more difficult.' Staff working on the program were reportedly told weeks earlier that they would no longer be needed. The Department of Government Efficiency, once led by Tesla CEO (NASDAQ:TSLA) Elon Musk, reportedly played a role in weakening the IRS program. Musk posted in February that the Direct File development team had been 'deleted.' Meanwhile, the program critics like David Williams of the Taxpayers Protection Alliance argued that the IRS overstepped by building Direct File without explicit approval. 'The IRS created Direct File without congressional approval,' Williams wrote in April. 'In fact, the $15M from the Inflation Reduction Act was supposed to be for a study. Instead, the IRS built the software.' Still, many policy advocates and voters say the program filled a real need and made tax season less stressful. See Next: $100k in assets? Maximize your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's how you can earn passive income with just $ Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? TESLA (TSLA): Free Stock Analysis Report This article Congressman Says 'Nobody Asked For The IRS To Be Americans' Tax Preparer,' Applauds Efforts To Shut Down The IRS Direct File Program originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.

Stock market today: Dow, S&P 500 and Nasdaq futures rise as stocks set to end June with a bang
Stock market today: Dow, S&P 500 and Nasdaq futures rise as stocks set to end June with a bang

Yahoo

time28 minutes ago

  • Yahoo

Stock market today: Dow, S&P 500 and Nasdaq futures rise as stocks set to end June with a bang

US stock futures edged higher Sunday evening, setting up the major indexes for more records to end one of the most volatile first halves of a year in recent memory. Futures tied to the Dow Jones Industrial Average (YM=F) rose around 0.5%. Contracts on the S&P 500 (ES=F) gained 0.2%, and Nasdaq 100 (NQ=F) futures ticked up 0.3%. Several of Trump's economic agenda items are in focus this week. A July 9 deadline looms before the possible resumption of Trump's unilateral tariffs, which Trump on Sunday said he didn't think he'd "need to" extend. On the trade front, India has extended its Washington visit to finalize a deal. Administration officials last week confirmed a trade framework with China was in place, bolstering investor sentiment despite a late-Friday dip triggered by Trump's abrupt halt to talks with Canada, citing its digital tax policy. Meanwhile, market watchers are closely following Senate negotiations over Trump's proposed $4.5 trillion tax cut bill. The measure, which passed a procedural vote Saturday, could face a tough path in the House. The Congressional Budget Office estimates it would add $3.3 trillion to the deficit over a decade. For the market, June's gains have been substantial, fueled by optimism surrounding global trade and easing fears over tariffs. The S&P 500 (^GSPC) is up over 4%, the Nasdaq Composite (^IXIC) has surged over 5.5%, and the Dow (^DJI) has climbed 3.5%. On Friday, all three major indexes closed higher, with the S&P and Nasdaq reaching new record highs for the first time since February — the start of the year's tariff-fueled stock swings. All three major indexes are up at least 3% so far this year. Looking ahead, investors will monitor key Chinese PMI data due Monday to gauge how the ongoing trade war is affecting Asia's largest economy. Despite lingering uncertainties, the broader market remains upbeat heading into the new quarter and second half.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store