What do you think you will be able to use in the future

Assignment Help Other Subject
Reference no: EM131079530

Your thought

According to the article by Quayconsultants.com on leading edge vs bleeding edge in technology, the question about how to avoid "leading edge" becoming "bleeding edge" where the new technology actually hinders your business growth and effectiveness came up.

What does this mean? Basically technology is only a tool to help the business. As stated #1 is the people. Assuming you have the right people, next is having the correct business process to do the job. Too often technology tools are acquired without understanding the business process. Make sure that the business processes implement what needs to be done and then acquire the technology that needs to be modified to fit the business process and not changing the business process to fit the technology.

This article also stated that new technology will never be a silver bullet, it can never fix flawed ways of working. To get the most out of technology organizations should view it as a mechanism to change the way an organization works for the better.

The hype cycle aside, there is a reliable order in which all technology transformation decisions should be weighed:

People
Process
Technology

Without people and process new technology cannot work. It is true that the focus should be on the jobs people will do, the business processes they will undertake and the improved outcomes both will generate.

Identifying the processes that need improving and then matching the technology that will best fit cultural and future processes is a good formula for success.

It was interesting to me to understand that Leading edge technology can be a phenomenal advantage for business, but if it is not implemented well and for the right reasons, it can quickly become 'bleeding edge' and cost opportunities for the business.

Adopting leading edge technology successfully can take time, which is something the business will need to understand before embarking on a leading edge technology journey.

Once adopted to get the most out of the new technologies processes need to be in place to evolve, learn and enhance the technology as it becomes a part of the organizations new way of working.

Retrieved from- hotpot://www.quayconsulting.com.au/news/innovation-leading-edge-vs-bleeding-edge/

As you reflect on our discussions in class, how might you apply what you learned to your future education and career?

- What you can take away from this week's readings and discussions. What do you think you will be able to use in the future?

Reference no: EM131079530

Questions Cloud

Yield to maturity and call with semiannual payments : Thatcher Corporation's bonds will mature in 16 years. The bonds have a face value of $1,000 and an 7.5% coupon rate, paid semiannually. The price of the bonds is $1,100. The bonds are callable in 5 years at a call price of $1,050.
Review historical overview and information about company : Before coming into the office, you should fully review the historical overview and other information about the company provided on the intranet to help familiarize yourself with Global Solutions, Inc. This is so you can take maximum advantage of ..
Call option-two options have the same expiration date : A call option on an S&P 500 futures contract has an exercise price of 1490; the call premium is currently $6.50. On the same date, a put option on the S&P 500 futures contract has an exercise price of 1490; the put premium is currently $7.50. The two..
Fiscal and monetary policy interms of economics : What is the difference between fiscal and monetary policy interms of economics?
What do you think you will be able to use in the future : What you can take away from this week's readings and discussions. What do you think you will be able to use in the future?
Express q(t) as a fourier series expansion : Express q(t) as a Fourier series expansion.
Determining the expenditure on jelly beans : What was the elasticity of demand at last year's price of $6? At what price would the total expenditure on jelly beans have been largest?
What nominal and effective annual interest rate : Your child's orthodontist offers you two alternative payment plans. The first plan requires a dollar4.500.00 immediate up-front payment. The second plan requires you to make monthly payments of dollar152.48. payable at the end of each month for 3 yea..
Slope of the isoquant when the entrepreneur : In the production function Q = 10L1/2K1/2calculate the slope of the isoquant when the entrepreneur is producing efficiently with 9 laborers and 16 units of capital.

Reviews

Write a Review

Other Subject Questions & Answers

  Love consists of three dimensions or ingredients

According to Robert Sternberg (1986, 1988) triangular theory of love, love consists of three dimensions or ingredients. What are those three dimensions? Provide an example of how different combinations of those dimensions yield different forms of lov..

  Chrysler corporation loan guarantee board

In 1979, Congress passed the Chrysler Corporation Loan Guarantee Act to keep the Chrysler Corporation in business and out of bankruptcy. The act established the Chrysler Corporation Loan Guarantee Board, made up of top federal officials, to overse..

  Should students and therapists communicate by social

with the widespread use of the internet by students the applications for therapy have changed. many students are active

  Defining the police communication interoperability

Provide a definition of police communication interoperability and give least two examples to illustrate that concept.

  What is the technology solution for a company

Begin thinking of a business problem that could be solved with a technology solution for a company or organization you are familiar with. Use the Q&A Forum to ask questions and discuss your ideas about the project.

  Document to monitor and control a project

What are some of the key environmental forces that have change the way project are managed? what has been the effect of these forces on the management of project?

  Find the quickest way out of the maze

To achieve the first mission, Theseus performs a depth-first search from his current location, and after he has done so, returns to his current position.

  Data collection methods are commonly used in social research

Which of the following data collection methods are commonly used in social research?

  Emotional development in the overall development of child

Discuss the interaction of Cognitive, Physical, and Emotional development in the overall development of the child.

  The earliest example of western classical music

The earliest example of Western classical music is, The rhythm of Gregorian chant, Which of the following is not a characteristic of Gregorian chant? When each syllable of text is set to one note, it is called a ______ setting of the text

  Is supply cahin management for real or is just another fad

1-is supply cahin management for real or it is just another fad does the answer to this question depend on how company pursues SCM2-what efforts would you make to assure that managers at Med-Tec didnt treat SCM as just another flavour of the month..

  Successful interview skills

I want to do book review in this book "successful interview skills- how to prepare ,answer tough question and get your ideal job" 5th edition by Rebecca Corfield and we have been asked to follow these tips:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd