The emerging technology is a diverse form of traditional technology that is currently used by different business organizations to evolve revolutionary changes which are necessary to gain competitive advantages form the competitive marketplace. It also helps to change the traditional business functionalities and operations. Not only this but also, the integral element of business changed the form of leadership and traditional practices of managerial roles and professional career also (Drachmann, Freisner & Muller, 2014). Over the past two to three decades the influence of emerging technologies in the business organizations cannot be overlooked by the business management authorities. The most widely used advanced digital technologies are cloud computing, mobile applications, business intelligence and robotics. The expectancy of the society is also very much helpful and important for the business benefits. The business organizations and society both require reprogrammable and multifunctional manipulator design approach (Ti & Singh, 2013). Analytics, data and framework all these components are interrelated to each other and in order to develop a complete implementable technological solution these components are required to be aggregated together.
Based on the type and size of business, the time and efforts on the information technology is needed to be provided by the development authority. If the business is small then lesser time and effort is will be enough but is the project size is larger then, higher effort and time will be required (Klettner, Clarke & Boersma, 2014). Technology reduces the level of human efforts and times of implementation but at the same time the chances of error and risks also increases rapidly. Privacy is one of the major concerns which need higher cost. If we make some of these additional changes in the system then the entire business process will become more and more beneficial and efficient than the traditional one.
In addition to this, the IVK Company should implement certain technologies that will help to spot the process of the emerging technologies. Apart from this, it will also help to analyze the better and worse impact of emerging technologies in the business organizations. In order to analyze the positive and negative impact of these technologies, the business organization should explore and seek for the IT emerging technology in terms of a special group of periodically explored IT emerging technologies (Strand, 2014). The newly formed group should periodically investigate the findings that are generating from the research work. The research work should be conducted under the guidance of different research institution and the other companies. The guidance will help the business organizations to understand how the emerging technologies can be successfully used to gain competitive advantages. The specially developed group will help to establish a discussion forum rather official conference, where the employees will feel free to share their views with one another (Chuang, Jackson & Jiang, 2016). The best or most suitable view will be selected from the set of views delivered by different employees.
The business manager and the business units make the decision about which tools and systems they should acquire for the overall business development. If the hardware and software are not supported by the IT organizations then, due to incorrect decision on purchase major technical risk might arise. In order to manage and handle the newly purchased software and hardware devices the employees are required to learn efficiently about the system. For this additional training and development programs extra cost will be allotted.
Three different processes that are proposed by IVK are software as a service, service oriented architecture and service level agreement. Among three of these proposed solutions the most suitable one for IVK is the service level agreement (Roh, Hong & Min, 2014). The software and hardware those are purchased by the organization to serve the application proper license is needed. The service level agreement will help to deliver the desired application.
In the previous days the IVK Company was using the products of Microsoft. However this became a major problem when the company start working on UNIX based platform. In order to deliver the expected outcomes and to serve the purposes of UNIX based platform each and every time the company has to create a bridge like connection rater application between the existing platforms of the company (Grant, 2016). Then as per the changing requirement the IT development team has to modify the application. In most of the cases it has been found that the project management team fails to consider the modified bridging application in the projects. In order to serve the purpose of the company the employees are required to put additional time and efforts and also have to reschedule the project plan. As a result the total overhead also gets increases.
The business reliability, flexibility and the efficiency will be automatically affected rather become limited as the business manager and other staffs purchase different IT infrastructure of various companies. The business ability of the business organizations will also be affected due to the adaptation of variety competitive advantages (Tir & Singh, 2013). The IT infrastructure of IVK and its business operation will become very much difficult to manage if the company fails to undertake the standardized organizational policy and practices. Due to lack of proper management the overall business process manageability will be also become complex than the traditional systems. In order to manage the complex IT infrastructure, different resources are needed to be managed well. Due to lack of management practices the company failed to adapt the dynamic market changes (Klettner, Clarke & Boersma, 2014). The company will fail to react frequently over its competitors.
In order to adapt the dynamically changed organizational settings I feel that Kid’s Toolkit approach is one of the foremost applications. The technologies used in the management processes get appraisals after the adaptation of the essential toolkits. Thus, the changing organizational settings help to determine the specified applications and conditional situation. The required changes that are needed to be adapted by the business organizations must consider the terns of condition of the IT departments of the enterprises (Omar, Leach & March, 2014). Depending upon the specified situation the IT strategic approaches should be undertaken. In order to achieve the pre determined goal of the business organizations the IT departments should identify the appropriate IT infrastructure.
Chuang, C. H., Jackson, S. E., & Jiang, Y. (2016). Can knowledge-intensive teamwork be managed? Examining the roles of HRM systems, leadership, and tacit knowledge. Journal of management, 42(2), 524-554.
Darkow, I. L. (2015). The involvement of middle management in strategy development—Development and implementation of a foresight-based approach. Technological Forecasting and Social Change, 101, 10-24.
Drachmann, M., Freisner, S., & Müller, N. H. (2014). Don’t mind the gap–The future CIO. IT University of Copenhagen.
Grant, R. M. (2016). Contemporary strategy analysis: Text and cases edition. John Wiley & Sons.
Gurdjian, P., Halbeisen, T., & Lane, K. (2014). Why leadership-development programs fail. McKinsey Quarterly, 1, 121-126.
Klettner, A., Clarke, T., & Boersma, M. (2014). The governance of corporate sustainability: Empirical insights into the development, leadership and implementation of responsible business strategy. Journal of Business Ethics, 122(1), 145-165.
Omar, A. T., Leach, D., & March, J. (2014). Collaboration between nonprofit and business sectors: A framework to guide strategy development for nonprofit organizations. VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations, 25(3), 657-678.
Roh, J., Hong, P., & Min, H. (2014). Implementation of a responsive supply chain strategy in global complexity: The case of manufacturing firms. International Journal of Production Economics, 147, 198-210.
Strand, R. (2014). Strategic leadership of corporate sustainability. Journal of Business Ethics, 123(4), 687-706.Tir, J., & Singh, S. P. (2013). Is it the economy or foreign policy, stupid? The impact of foreign crises on leader support. Comparative Politics, 46(1), 8
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