Technology, Globalization & Change Assignment Example | Topics and Well Written Essays - 1250 words

Technology, Globalization & Change - Assignment ExampleIn response to technological revolution, clean approaches and tools be developed to counter the emerging challenges. For instance, spick-and-span concepts of manufacturing are being implored to enable multi production in industries which in turn translates to high productivity.Additional, computer technology and microprocessor integrated into several products enables software differentiation. Computer systems and networks alike greatly alter management approach to issues. Business is increasingly getting globalized courtesy of latest communication technologies which give equipment and logistical technology.Morover, technological factors and trends swallow contributed to a number of factors. Notable among these factors are aspects such as, rapid append in rates of technology diffusion and change, age of information, intensity in terms of knowledge profit and lastly the sprouting of positive feed back in industries. In summ ary, development of new outlooks, tools, organizations and concepts have now become a prerequisite for every manager. In order to navigate through the new competitive landscape, further research is required to enable managers be at a better slur to handle and respond to the new emerging trends. For a caller-up to withstand the various challenges that emanate from the new competitive landscape, the management can put in place a variety of measures to be at par in terms of responding to these challenges. As a manager, I would recommend to the board of directors to adopt the chase measures. Firstly and as recommended by Bettis and Michael, the rung should be able to develop a new mindset on how to approach business. This can be made possible when the company initiate extensive programs and also through invitation of resource persons. Extensive programs enable staff members to learn more close to the emerging challenges and the potential remedies that can be adopted to counter the various challenges. On the other hand, Invitation of resource persons that are professionals in respective fields of technology such as software and e-marketing may also enlighten staff members about contemporary trends. parvenu tools should also be developed to enable the company counter the challenges brought about by technology. This can be done through introduction and embracing technological systems such as within a companys communication department and logistical departments. New concepts should also be embraced to replace the old ones. For example, slower methods of communication can be replaced with more effective and efficient ones. New technological aspects such as tele- conferencing should be adopted by a company if possible. This is because such a concept is not only convenient but also saves time too. As suggested by Grubler, Bettis and Michael, I would recommend to the Board of Directors to embrace research as an essential component of the companies objectives. For e xample, how technology can be used to meet customers satisfaction and increase efficiency in terms of timely and effective inspection and repair delivery. Research would also enable the company to establish what is still relevant and what has been by passed by gruntle in terms of technology brought about by the new competitive landscape. For instance, a telecommunication company should inject more funds on mobile phone research other than land telegraph wire because it is contemporary and convenient to