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CHANGING TECHNOLOGICAL ENVIRONMENT


INTRODUCTION- 

We live in a global world where technology, especially information and communication technology, is changing the manner in which businesses create and capture value, how and where we work, and how we interact and communicate. Consider five technologies that are transforming the very foundations of global business and the organizations that drive it: cloud and mobile computing, big data and machine learning, sensors and intelligent manufacturing, advanced robotics and drones, and clean-energy technologies. These technologies are not just helping people to do things better and faster, but they are enabling profound changes in the ways that work is done in organizations.

DISCUSSION-

The rate of change in technologies is at a rapid pace. With advanced technologies coming up like machine learning, artificial intelligence, big data, predictive analytics etc. business leaders are facing big challenges in implementing such systems. Managing technological changes is not easy and this issue increases further with the size of the organization.You’ll have to be prepared for both positive and negative feedback, however: Introducing fresh tech will almost inevitably come with some issues and teething problems or may conflict with established systems and practices.It’s crucial to listen to critical views and appraise them accordingly. After all, your organization is all one team with a common employees who may find all these developments a bit daunting.


Technology is helping the businesses grow by leaps and bounds:




  • Changing the Way Businesses Communicate
  • Making Business Operations More Productive
  • Keeping the Business Secure
  • Improving Efficiency of Employees
  • Reducing the Risk of Security Breaches
  • Enabling Remote Working



Another way to deal with change is to demonstrate how it makes progression – that is, their work systems and workflows – become easier to handle. This is where your early adopters can help. If they can demonstrate, in real world situations, how the new technology makes things smoother and faster, it’s far more likely to lead to greater uptake and enthusiasm, even in those who may have been somewhat skeptical.

CONCLUSION-

Innovation and change can make anyone apprehensive, especially for employees who have become accustomed to doing their work in a particular way and may resist new technology. However, if you plan carefully and deliver your training in a fun and engaging way, you’ll find that adoption and adaptation are a much smoother process. Hand the ownership of the technology to your employees and let them put it through its paces, give feedback to you and work out how to maximize its usefulness: You’ll soon find that everyone gets on with The New!




SUBMITTED TO:-                                                                SUBMITTED BY:- 
PROF. GURDEEPAK SINGH.                                           SHUBHAM DHIMAN
                                                                                             MBA-1

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