The bottom line of revenues and profits are also expected to be improved with new and improved technology being infiltrated in the organization. Information technology, in general, plays a significant and specific strategic role in the management of organizations. Within the body of this paper, based on personal experience in the workplace, examples will be provided of how management at Quality Technology Services expects technology to improve business. Discussions will also be highlighted on how the company’s current technology is meeting or not meeting business needs. Technology promotes ground-breaking and inventive initiatives for new and existing organizations.
Through innovation, the companies foresee these technological factors to deal with competitors to become successful. Nonetheless, innovation requires innovation planning and design process, which are essential for company growth. Innovation and Design in Today’s Business World: Organizations and businesses in the global environment are forced to permanently look for the most effective techniques to maximize their innovation management initiatives (Liem & Brangier, 2012, p.5244). Companies seek for such efforts or measures because of increased dynamism of the business environment. The innovation management efforts adopted by organizations and businesses are through new techniques and paradigms that serve existing and new markets efficiently including those with new and modified products and/or services.
Today, companies are re-engineering their operations and investing in enhanced IT infrastructures, which enable them to provide customized, personalized, information-rich products and services. The new objective for marketers and business developers involves understanding the needs of their clients and the markets that they serve. This new focus on providing customer value is redefining business processes. Professionals, who understand and anticipate this shift, are positioning themselves ahead of the competition. The Impact of Technology Enabled Business Processes There is no denying the effect that technology has had on the way we conduct business.
Introduction Effectively integrating information technology (IT) into an organization’s business processes is critical if the organization wants to increase productivity and remain profitable. IT includes items such as the systems software, application software, computer hardware, and the networks and databases that help manage the organization’s information. When implementing quality standards and processes that are forever changing in the IT world, organizations must balance these changes while continuing to rapidly implement new systems technologies in order to stay competitive. Quality improvements in IT delivery and service support can be improved by measuring and tracking user satisfaction, integration and flexibility early on in the decision process and reinforcing them throughout the review process. Adhering to quality management best practices means ensuring that quality standards are strictly enforced and entrenched into the organization’s philosophy.
In order for an organizati... ... middle of paper ... ...on’s leadership must provide motivation and other incentives in order to increase employees’ productivity. The ability of an organization to implement change plays a significant role in building the company’s competitive advantage. Through innovation, an organization will be able to provide unique products distinguished by high level of quality and designs. Works Cited Kotter, John P. and Leonard Schlesinger. “Choosing Strategies for Change.” Harvard Business Review 57 (Mar-April 1979): 106-114.
Technology Implementation Technology can have a profound effect on a company. The manner in which it is introduced and the presentation to the employees can ultimately predict the success of the project. As the world evolves into a more technical society companies have to be willing to compete with the changes in order to survive. The changes have to be implemented and managed to effectively prepare the company’s workforce. Management has to know the trends and make the necessary technology changes to keep the company competitive.
It should start from the recruitment to the retention and development of the employee, as it greatly affects the overall business strategy, profitability, success and growth of the company. The human resource talent management managers and senior management must enhance and develop the employees both individually and as teams. Ultimately it would lead to an alignment of improved talent strategies.
The key purpose of BPM is to make the organisation’s business processes more efficient and effective which ensures the firm is capable of meeting customer requirements and gaining sustain competitive advantage in a highly changing business environment. The goal of Platinum Concepts by using BPM is to reduce manual system's errors, enhance the organisational alignment, effectively ultilise the enterprise resources and ultimately optimise the fulfilment process. In sum, the positioning strategy is suggested to be that to boost the operational excellence which emphasises a focus on efficient operations rather than current strategy 'differentiation'. A firm's business processes are consisting of a set of activities, including designing, production, marketing, delivery and after-sales service within adding value to the product. This is con... ... middle of paper ... ...things wrong.
Process management is a key driving source of innovation. Companies need to go beyond and continue to create new ways of working and thinking. Overall, the whole idea of process management is to improve effectiveness and efficiency. It helps do the right thing, at a faster and cheaper
It is the current state of knowledge about the production of goods and services in an industry. Innovation has rapidly assumed a position of prominence in world competition on a global scale. To compete in this environment, organizations need a level of innovation. As competition becomes more global and time-based, organizations must develop and deliver new and superior products or services in less time. The challenge for modern organizations is to revitalize them so they can successfully and continuously develop newer products and enhance business development.