Technological Factors PDF
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Uploaded by FineFortWorth8379
Prior Pursglove College & Stockton Sixth Form College
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Summary
This document discusses technological factors impacting organizations, highlighting the rapid pace of change and its effects on operations and roles. It explores the evolution of technology trends, from manual processes to automation and artificial intelligence, while emphasizing the importance of staying updated. The document also examines challenges such as implementation costs, skill gaps, and change management, and stresses the need to consider such factors within a PESTLE framework.
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TECHNOLOGICA L FACTORS Technological factors are those that affect the way that your organisation carries out its operations & how you perform your role. The pace of technological change is very fast; staying up to date with technology is essential for organisations & individuals to remain...
TECHNOLOGICA L FACTORS Technological factors are those that affect the way that your organisation carries out its operations & how you perform your role. The pace of technological change is very fast; staying up to date with technology is essential for organisations & individuals to remain competitive or to provide the most effective services Technology How you can support your organisation Understanding the Impact Exploring the Latest Identifying of Technology on Business Technology Trends Transformation Steps Evolution of Technology in Business Increase collaboration Improved Stakeholder through digital platforms Experience Reduce manual work and increase efficiency Enhanced Innovation From Going to Change Manual and traditional Automation, digitalisation From local competition processes and artificial intelligence to global markets Make decisions based on more accurate data Mind-map the challenges & benefits of each of these examples of the technological used in your organisation. Can you think of any other more specific examples? Electronic Point of Sale Management Office 365 Systems Information Systems Social Networking Video Conferencing Internet & Website E-commerce design AI Technological considerations might include Implementation Costs Skills Gap & training time & costs Change management Reputation & Fake News Feedback & Reviews difficult to manage in public domain Data Security Compliance with legal & organisational frameworks such as GDPR, 2018 Technological Factors Consider technological factors in your organisation & update your PESTLE. Revise for a quiz next time. Thank You For your attention and participation
