At this time integrating technology is the buzzword, enterprise leaders internationally cannot cease discussing about how technology will remodel our present business environment. How tech savvy companies will extinct the rudimentary one. Studying from late nineties dotcom bust, we know technology is nobody capsule panacea for enterprise issues but a device which make our management environment friendly and effective. Expertise allows us to have extra information to take our decisions but it may well't take our decision. The choices still must be taken by people behind it.
Management faces some actual time difficulties in managing know-how - the foremost amongst them is - when is the appropriate time to invest in technology. Most business concern to invest at present stage as they imagine that technology is altering so fast that investment made today will turn into rudimentary within the near future and the investments won't in a position to realize the whole cost incurred in it.
Secondly when and how to move to the subsequent stage - Aside from going forward with investing in expertise for the primary time, the company has to chart out a detailed plan on how it will section out the current technological level to move to next level. Gradual transformation over the time frame holds the important thing in managing technology both on the store floor and on the balance sheet.
Expertise is not only changing paradigm of the right way to do enterprise nevertheless it also taking it to the subsequent level where most industry participant won't solely look at technology just to cut costs but additionally to drive improvements and efficiencies.
Management faces some actual time difficulties in managing know-how - the foremost amongst them is - when is the appropriate time to invest in technology. Most business concern to invest at present stage as they imagine that technology is altering so fast that investment made today will turn into rudimentary within the near future and the investments won't in a position to realize the whole cost incurred in it.
Secondly when and how to move to the subsequent stage - Aside from going forward with investing in expertise for the primary time, the company has to chart out a detailed plan on how it will section out the current technological level to move to next level. Gradual transformation over the time frame holds the important thing in managing technology both on the store floor and on the balance sheet.
Expertise is not only changing paradigm of the right way to do enterprise nevertheless it also taking it to the subsequent level where most industry participant won't solely look at technology just to cut costs but additionally to drive improvements and efficiencies.
Technology
Posts
No comments:
Post a Comment