Entertainer Conan O’Brian would often do a bit titled “In the Year 2000.”
The crux of the sketch was that the year 2000 had already passed. And all of the postdated predictions he would make were absurd, but based on a grain of truth. Dreaming about the future can be fun. Predicting the future, however, is an altogether more challenging task.
One undeniable fact about the future of revenue is that it will be shaped by its history. Companies that today have redefined revenue streams are now giving way to a new breed of entrepreneurs. And they too will make their own impact. One standout idea is that revenue in the years to come will be based on revenue performance management. What is this? It entails analyzing your competitive advantage and staying ahead of your competition by eliminating obstacles to your revenue stream and business growth strategies. It’s a continual, fast-paced process.
Companies are then able to maximize their potential by eliminating everything that can prevent them from achieving unbridled growth. For more information revenue performance management, watch the video from Eloqua.