Topic > The Importance of Information Flow in the Digital Age According to Bill Gates

Bill Gates' main point is to show the importance of information flow as we enter the digital age. Gates discussed how technology and business fit together. We should think of every business as having a digital nervous system where technology will enable businesses to react and respond to any situation instantly. Using technology effectively to control the flow of information is critical to a company's success. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay Bill Gates has made several arguments to show that a good flow of information will be necessary in the future. There are so many competitors and the best way to separate your company from the competition depends on how the company handles information. He says “How you collect, manage, and use information will determine whether you win or lose” (Gates, 3). He predicts that successful companies will be those that develop the best digital nervous system. Gates gives an example of Sloan helping GM better manage its data. A good flow of information is the most important thing because it allows you to get the most out of your employees and constantly learn what you need to solve. I agree with Gates. Information is very important to the success of a company and should be their main focus. We are in the digital age where speed is everything. Today everyone depends on the Internet to get their information. We want to always stay connected and get information when we need it. Companies that can provide an efficient flow of information to their consumers will be more successful. Bill Gates' point is to explain why companies need to start creating a paperless office as we enter the digital age. Gates decided to test a paperless office in his company Microsoft in 1961. He replaced all unnecessary paper in his company with electronic forms and improved the online system. The result is that in 12 months he saved at least 40 million dollars. Gate's also provides the example of a hypothetical new employee named Sharon. S Your salary is automatically deposited into your bank account and you don't have to handle cash. Buying airline tickets has become an instant process. Plus, by using an online tool, Sharon can easily track her marketing budget and help her do her job more efficiently. Haron's life has become much easier with electronic processes instead of using paper. Bill Gates predicts that by the 21st century the workplace will be paperless. There has been talk of a paperless office for a long time, but the technology we have today is advanced enough to make this a reality. A paperless office will allow a business to run much more efficiently. Routine processes done on paper can be done much faster electronically. Workers would be free to do more productive work instead of wasting time on manual labor. I think going paperless is a great idea. Businesses can save a lot of time, space and money every year by eliminating paper and allowing workers to do more productive work. It is also more ethical to go paperless as paper use contributes to global warming. While I think paper use will decline dramatically in the 21st century, I don't think we will ever reach a point where paper is completely eliminated from the workplace. Some people are not comfortable with technology and would prefer ituse paper. Additionally, with a digital system comes the fear of identity theft and credit card fraud. Confidential information may be vulnerable to hackers or viruses if security is weak. The central point made by Bill Gates is that companies should be ready to adopt a web lifestyle to be successful in the future. The Internet gets bigger and bigger with each passing year. And within the next decade, the way we do everything will change: shop, pay bills, communicate and have fun. Most transactions between consumers and businesses will soon all become digital. Customer service will be more important and companies will have to adapt to customer needs. Gates predicts that within a decade the world will adopt a web lifestyle. Technology is becoming more and more powerful at ever lower costs. This will make electronic devices prevalent in society. People will turn to these devices to stay connected to the world. The main source of news, entertainment and communication for everyone will come from the Internet. Gate's prediction has come true a long time ago. Nowadays everyone has a smartphone and it has even gotten to the point where it has become an obsession for many people. It keeps us connected to the world. The web lifestyle has been very beneficial for consumers. It has made many of the things we do much more efficient than before. Communication is made easier than ever. You can stay connected with friends and family around the world. Consumers have more options to buy anything they want online and have it shipped to their home. In chapter 15 Bill Gates' main point is to show that to win big sometimes you have to take big risks. He gives examples of companies taking big risks. The automotive and aviation industries went through radical changes before Boeing became a company that achieved its success by taking big risks on aircraft products. Genetic research is also a high-risk field. Businesses can spend a lot of time and money without any success. But this is something that is necessary to make progress in his field. Gates has made several arguments to demonstrate why risk-taking is necessary to win big. He states: “You can't just look at the past or current state of the market. You also have to consider where it is likely to go…” (Gates, 262). Risk taking is important for a company in an emerging industry to succeed and make headway. Failures can also occur due to risk taking. But Gates believes that even failures can be a good thing. He took his failures at Microsoft as lessons and it helped him make the changes he needed to make. I agree with Gates' point that sometimes you have to take big risks. I see this today with the Tesla company. Elon Musk was thinking about the future when he created his electric car company. He wanted to create a car that was affordable and sustainable. He innovated the automotive industry because he wasn't afraid to take risks and come out of his shell. I understand why some companies may not take risks today. Big risks bring the possibility of big failures. And smaller companies can't afford big failures, otherwise they risk bankruptcy. The central point of this chapter is to demonstrate that the healthcare system must change. The healthcare industry is known to mishandle information. Gates uses medical events from Mrs. Jones' life to show the flaws in American healthcare. Poor communication between his doctors led to him taking the wrong amount of medications. Again a year later, the doctors there.