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Technology and Management Functions Working for a company where the single most paramount objective is to maintain the networks of other organizations makes it clear that management expects not only technology but cutting edge technology and cutting edge leadership to improve business. The company’s current technology is indeed meeting business needs everyday with its processes, systems, distribution of data, database management, telecommunications, and digital electronics. The Information Technology (IT) industry is one that is becoming increasingly important in the global economy and globalized world. Management in most companies expects technology to improve production, innovation, effective and efficient decision making, critical thinking, as well as its competitive advantage. The bottom line of revenues and profits are also expected to be improved with new and improved technology being infiltrated in the organization.
technology has positive impact on HRM and IT usage takes recruitment, management, maintenance and development tasks to a different prototype. The major findings of the study proves that information technology has strong correlations with the identified variables; recruitment, management, maintenance and development activities. INTRODUCTION The functions of Human resource management in various organizations and companies have attained an incrementing value of strategy. The emphasis of HRM and these business strategies are well recognized. In order to satisfy the marketing needs of hard-working and qualified employees, an efficient and effective HRM should be taken to a high consideration.
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Technology is the fundamental base of improvement in today’s society. If we look to all countries around the world we can notice that they improved a lot and this development is because of the technology. Technology is one of the essential parts of our life which make this world easier to live and give us more freedom and a lot of ways to live differently. As we live in an information society we need for the technology in every single matter of our life. For instance, technology has built the strongest communication bridge among the people of the world which they can communicate to each other no matter where they are, or they can travel wherever they want.
Besides, in order to fulfill the continual improvement, it is very important to obtain involvement of every employee in such a way that employees grow stronger and closer relationship with one another through highly motivated and innovating communication skills. This is because communication plays a large portion in maintaining morale and understanding of every party. In addition, the main objective of these focuses is to satisfy customers’ perspective to organization as customers are the targets of every organization(CQI Charter Quality Institute, 2014). 1.2 Merger and Acquisition Merger and acquisition simply tells the expansion of an organization by joining together where it involves the combination of two companies to shape a new company that is called merger and aside from that other expansion also involves the buying of one company by other existing company where no new company is formed in which called acquisition(Investopedia, 2014). In the same manner, both merger and acquisition objected to reduce the number of competitors.
However, given the shifting ideals of the modern marketplace, there is increasing belief that businesses have a seperate but equal responsibility to its stakeholders, more specifically to its employees in this context. "The chance to grow" or "opportunity" comes in several different forms. Within the modern workplace, there exists various opportunities for employees to be nutured in a condusive environment. Such opportunities range from employee learning opportunities to career development (which encompasses training and mentoring), with each possessing unique benefits for both employers and employees. Employers should continually seek effective methods in improving employee morale in general, which also translates to increased production and subsequently, higher profits.
Phones before Bell’s were strictly used for talking to other persons, but the phone has now made it into the average adult’s everyday life. The countless applications that come standard on a smart phone have made life so much easier. It was difficult to make it a day without watching the T.V. and seeing an advertisement that says: “Never get lost when you have the mobile phone in your hand (20).” The days of people asking for directions are over and the mobile GPS is here. In various different ways, technology helps to create a great level of luxury in our daily life.