Business Development and Cyber Technologies

Cyber technologies and business development are a pair of practices that help organizations expand and achieve success. Businesses should implement these systems and practice proactively and with attention, since they can be targeted by cyberattacks.

Business Development

A major aspect of business development is identifying new opportunities, developing and maintaining relationships with customers, forming strategic partnerships, and devising strategies to increase profits. These initiatives can impact virtually every department in a company, from marketing to sales to human resources.

Having the best team in place is also key to success in business development. Teams that are successful are typically characterized by leadership qualities and vision as well as the willingness to work with people from different backgrounds. They can make clear points, set reasonable deadlines, manage resources wisely and monitor progress to ensure prompt completion. They also must adhere to the highest standards of morality, honesty, and confidentiality.

Cybersecurity

With the rapid pace of technological advancements federal agencies have to constantly modify their cybersecurity strategies in order to keep up. The same technologies that enhance the user experience can expose organizations to greater risks like data breaches and malicious activities. The government should therefore balance the introduction of new technologies with the appropriate risk-taking, and educate its employees.

general tech trends influencing M&A activities

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