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Strategic planning implies establishing in advance what an individual or organization wants to achieve within a specified timeframe and deriving ways on how to achieve that. A strategic plan is basically a course of action that is used to attain desired results. It means anticipating the future and having measures on how to grow into the future. Technology is a macroeconomic factor that is rapidly growing and changing. Technology has had positive effects all over across the globe to business organization and to individuals.
Organizations and individuals have to strategically position themselves in order to take advantage of the growing technology and achieve business competitive advantage while at it (DeHaven 2010 pg 1). Technology has enabled globalization; where ideas, products and services have been shared. This has promoted foreign businesses thus helping different economies all across the globe. Different organizations and individuals have realized that technology will keep growing and changing and the best strategy will be to adapt it other than holding to rigid ways of doin...
Ever feel like the world of technology is moving faster than the biggest software companies like Microsoft and Apple can’t keep up? Ever been in a meeting with a bunch of “techies” and not understand a word or acronym their off their lib’s? How about this- you are asked a question and with your reply they all look at you with dear in the headlight expression? Then in the back on the room and older gentleman politely explains to you and the group; With all due respect that system and software you described is no long sustainable and is not supported by any system. If you have ever experienced this, welcome to my current world.
A strategic plan is a tool that delivers guidance in achieving a mission or goal with maximum proficiency and control for an organization. Strategic planning is used to transform and revitalize organizations. The plan helps provide an inclusive understanding of opportunities and challenges both internally and externally for the organization. The plan delivers an assessment of the strengths and limitations that are realistic within the company. A well-developed strategic plan will offer a comprehensive approach and empowerment for the stakeholders involved. It is an opportunity for learning and understanding priorities that will drive the business to succeed. Jones (2010), describes how in health care organizations, strategic plans characteristically concentrate on operational and organizational goals such as when to obtain new technology, how to meet competitive challenges, and what staffing, tools, or facilities are needed to ensure organizational survival. The mission and value statements are significant in determining the quality of a strategic initiative. Forcing the organization to look toward the future creates proactive objectives in which both short-term and long-terms plans and goals are necessary in order to succeed.
From tools to applications, it is certain that technology has rapidly bombarded the United States. It is easy to notice the many benefits of technology; however, the use of technological advancements can also display a negative result in society. In Aldous Huxley’s Brave New World, he uses the role of technology to expose the governmental control that the technological era can have, and also how it can ruin lives of many. Society Huxley’s novel much truth and wisdom to the fact that the use of too much technology can, indeed, cause humans to lose the power of humanity. With the use of an utopian society as the setting, Brave New World, nonetheless, describes the total domination of the technological processes that are brought forth in the novel,
Throughout human history new technology has caused the evolution of human communication. From the first languages to newly formed social medias, communication has constantly been evolving and adapting in order to fit with the current society. In Brave New World by Aldous Huxely we see a futuristic society where their exceedingly advanced society limits its members expression through the use of technology. In Nosedive, humans depend on technology for their confined and monitored communication and as a form of law enforcement. Due to the implement of technology within these societies, their members are extremely structured and lack the conventional freedoms associated with humanity.
When awaken into an unfamiliar environment, one can get an unsettling feeling in the stomach and be left frightened and confused. That could lead to a definite panic and leave one incapable of determining how such an unfamiliar place was reached, unless one was born into an unfamiliar place and slowly comes to realize the unfit. The characters of Brave New World and Island try to figure out what was happening in their unstable worlds. Analyzing Brave New World and Island will give one understanding on how the two worlds were not always recognizably corrupt. Aldous Huxley's Brave New World and Island were written with the intent to forewarn society about a dystopian future because, complex technology was used to control society, one gains control
Some people may be concerned that technology is leading the world towards a great disaster. Instead of helping them one way or another, technology has affected them negatively. Computer Vision Syndrome is one example that illustrates how technology affects people's bodies. The American Optometric Association define Computer Vision Syndrome as, a group of eye and vision-related problems that result from extended computer use. Many individuals experience eye discomfort and vision problems when viewing a computer screen for long periods 2014). While many people are concerned about the technology and how it affects their body. Physiologically there is a real phenomenon makes people suffer from a computer anxiety (Moldafsky & Kown, 1994). There is a study done by Brosnan and Davidson, which shows the third of the entire population have Technophobia (1994). Jay declare that Technophobia is a resistance to talk about computers or even think about them. Moreover, Technophobia is a hostile or aggressive thought about computers (1981). Moving towards social life, it has been affected by technology and the emergence of the internet. It was found that the more time people spend using the internet; the more they lose contact with their social environment. The more hours people use the internet; the less time they spend with real human beings (Nie & Erbring, 2005).
All over the world technology has changed. Over the years technology has grown. Technology has gone from Bell’s phone to the iPhone. It has changed tremendously in the past 100 years.
Strategic planning consist of four steps starting from defining the company’s mission. When talking about a mission were talking about a certain phrase or slogan for say, that is intended to draw attention to customers and make them want to be even more loyal to the company. For example Walmart says, “Save money. Live Better”. Therefore, Walmart’s mission would be to let people know that they have low prices all day every day, insinuating that their products are affordable for everyone. This is a good mission because it gets the majority of the people in this world to want to go out and save money on their everyday necessities and even luxuries. The second step would be to set certain objectives and goals for the company as well. For example, CVS did use “Health is everything” as their mission and this didn’t just set out for a name it became a goal as well. Sooner or later you must set goals on your mission to understand the level that you need to get to and reach. Another example of a goal that I believe CVS set was to start selling healthier products. In the chapter it says that CVS stopped selling tobacco and other products that
Technology was simple. Now there are so many options. When I was younger, all I used was Windows. Now we have Safari, Firefox, and Google Chrome. There are so many choices. Technology has not only changed itself, but transportation and communication.
But investing heavily on IT could prove to be disastrous. A clear strategy should exist and management has to make sure that the infrastructure implemented does match with the requirements. In current scenario the technologies like data storage, data processing, and data transport is available to all and as a result of this technology is viewed more like commodity factors than an essential resource for planning strategies. This trend started because of the abundant availability of technology at moderate price. By looking at the potential of information technology, companies overlooked at the fact that; the potential value of any technology remains until it gives an edge over the rivals by bringing a change in the organization and by helping the organization to do something that others...
Businesses are now able to approach overseas markets, they are no longer confined to their areas of establishment. Business today is inextricably intertwined with technology, from the smallest home office, to a multinational corporation with multiple monolithic legacy applications. It is impossible to be in business today without confronting the issues of technology. The way we do business today is different than 30 years ago. Technology has evolved around the areas of telecommunications, travel, stock markets, shipping and even around our daily lives.
As society grows and evolves, technological advancements and innovations continue to develop and consistently change different aspects of our society. For an organization, understanding how to manage these innovations is essential for their proper utilization and implementation. With technological advancements and innovations constantly emerging, it is important for an organization to stay aware of which new technological innovations can help them be successful. Organizations are always looking to set themselves apart from competition through innovation.
In today's advancements in the management world, one cannot stumble upon an instrument that is helping their business thrive without it being related to technology, and for the powerhouse companies, interconnecting the world is the ultimatum goal to succeed in economic dominance. Globalization and technology go together uniformly and play an important role in businesses.
Keeping up with technology is difficult, tiresome, and firms find it very costly to keep at pace with it. Technology rapidly and constantly keeps on changing. Being at par technologically requires extensive research and strategic analysis of acquiring new innovation. Enforcing new technology requires staff retraining and in some cases making employees redundant.
Strategic planning is the continuous and systematic process of guiding members of an organization to make decisions about its future, develop the necessary procedures and operations to achieve that future, and determine how success will be achieved.