Digital Growth in the Organization
Organizations have focused on improving their operational development to help in creating a structured system that allows implementing critical strategies that define a successful change based on the identification of improved outcomes. Developing an up to date operational strategy within the organization present an enhanced environment that can be utilized in improving change and improved outcomes. The integration of technology in the workplace has aimed at enhancing efficiency and productivity through reduced error margin and success in attaining improved results (Teece & Linden, 2017). The departmental store requires a clear operational plan, which would help in redefining the level of operation and monitoring the level of performance across different departments. Implementing a strong strategy within the company that emphasizes technological change creates a well-organized system that improves the level of performance.
The company has been operating at a favorable operational level, although based on the current competition and the need to dominate the market shows that there are gaps in the company operations that can be integrated within the system and help promote efficiency and improved performance. Technology presents numerous opportunities that the company can consider in developing change while also ensuring that there is a commitment to outlined organizational goals (Viglia, Pera, & Bigné, 2018). Thus, it is crucial to help maintain a reliable system that helps in maintaining a unified system for change and business growth.
What is digital growth? Where is the company now in terms of digital growth?
Digital growth is a results-oriented digital marketing agency that is developed with a key focus on increasing organizational presence within a digital environment. It constitutes different flexible methods that are used to help in improving organizational development. Digital growth embraces technology and transforms the online environment as being essential in promoting business development (Zhang, Lichtenstein, & Gander, 2015).
The company has been unable to implement favorable policies that are seeking to diversify its operations within the much-changed business environment. Firms within the industry are implemented consumer-based strategies to help in maintaining competitive advantage while also defining a significant change that promotes change. The company has been unable to adequately invest in online marketing and business despite a significant shift to online business in many departmental stores globally (Negi & Brohman, 2015). The ability to promote change within the industry is defined based on different processes that can help empower the company while identifying positive changes that can help promote change.
The company has a rigid operational model, which makes it difficult to incorporate technology and allow technology to help reshape the level of performance and a general understanding of different systems that help improve change and general policies that promote change. Improving the level of diversity within an organization outline the level of commitment to transforming business development (Xu, 2014). The company has not implemented a strong diversity strategy that focuses on helping incorporate fundamental approaches that promote change and help create a more robust system that promotes change.
What are some examples of technological advances that could be used in a department store operation?
There are different technological advances that can be integrated within the department store and help in improving it is operational, especially in the current business environment where there is a strong focus on the use of technology to meet organizational needs. A vital aspect that can be integrated within the industry is the development of a comprehensive information management system. Information systems present a highly structured emphasis on essential approaches that can help ensure that there is the protection of organizational information as well as streamline its operations (Tsakanikas et al., 2014). The information management system will ensure that the company operations are controlled from a central point, which will help in improving the level of monitoring and evaluation.
The department store should also consider improving its operational environment by adopting an online business strategy. An online business strategy, in this case, involves marketing and sales. Developing a reliable system where clients are able to order and get their deliveries present a more forceful approach in helping define a more considerable change approach that can help in improving the level of change (Zalan, 2018). Emphasizing customer feedback is a technological advancement that can be incorporated within the business and help understand consumer needs and preferences, which can help the business to restructure and promote improved outcomes.
What are some possible advantages and disadvantages of using advanced technology?
Advanced technology has been associated with diverse outcomes within an organizational context. The need to create a highly modified environment creates a more substantial context that can be utilized within an organizational framework to improve the level of performance. Advanced technology is associated with a streamlined operational environment considering a greater need to identify better measures that help in defining a strong change process that can help overcome the existing challenges within the business environment (Zhang et al., 2015).
Advanced technology has been associated with an improved operational environment where companies have been able to gain and meet the existing organizational needs and develop a competitive advantage. The ability to understand the growth patterns within the industry allows for better planning among organizations that present a reliable system that offers a transparent system that can allow for improved results (Negi & Brohman, 2015).
However, advanced technology use is linked to overdependent technology, which limits the creativity of the organization and the ability to make informed decisions. Technology is controlled by individuals. This means that inability to create a streamlined environment where it is well applied creates a difficult context where it would be possible to improve on the level of performance (Teece & Linden, 2017). Employees within an organization that is using technology have to be highly skilled and ensure that technology outcomes obtained are linked to the intended goals within an organization.
What is Big Data? How might Big Data be used in this business?
The use of data presents a structured system that helps maintain a higher commitment to better needs that help promote change. Big data is a large data set that might be utilized to generate essential information based on the needs of an organization within a given context. The use of information outline better approaches that present a transparent system that can help improve performance and level of efficiency (Schultz, 2013). Developing change help define a clear structure that can be utilized in enhancing the level of performance.
Big data would be highly beneficial to the store, especially in planning and decision making. The decisions that are made in this context present a clear system that helps give a clear structure in improving change. Big data is based on real data that is collected based on different approaches that create a highly sustainable change within an organization. Controlling the level of performance within an organization presents a very strategic system that can help promote the application of data (Chen, Chiang, & Storey, 2012). The company would be able to use data in defining a substantial change and clear strategy where it would be possible to monitor the changes in the market in relation to the store’s position.
What are some possible advantages and disadvantages of the store using Big Data?
Big data helps in better decision making. Focusing on evidence-based practice in improving the level of performance presents a better emphasis on better processes that help in creating a more reliable system that helps promote change. Analytics play a significant role in ensuring that there are clear business decisions that are data-driven (Philip Chen & Zhang, 2014). Big data also help in reduced operational costs within an organizational context. The assessment that is made while focusing on big data s more accurate and precise, considering that it plays a major role in influencing the costs and operational costs within an organization. Big data also aid in improving organizational flexibility, which is essential in building a more reliable approach to modify organizational outcomes.
The disadvantages of the use of big data in the store include a lack of quality data that can be considered in helping make decisions within the company. The source and accuracy of data are integral to finding reliable outcomes, which is vital in helping promote change and adoption of better approaches in the business context. The use of big data means that there is a need for the store to transform its culture and help create a reliable system that helps in defining change as well as the adoption of better measures that promote change and improved service delivery (Provost & Fawcett, 2013).
Do you believe that updating technology and business practices will be advantageous? Why or Why not?
Updating technology and business practices will significantly transform the company’s performance and overall growth. The current business environment is highly evolved, with significant integration of better systems that help build change (Schultz, 2013). Improving business performance in recent times has been primarily based on technological strategies and business practices that are put into consideration. The need to diversify organizational performance presents a clear strategy that can be effectively identified and help promote change.
References
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Negi, B. S., & Brohman, M. K. (2015). Co-creation of value in digital ecosystems: A conceptual framework. In 2015 Americas Conference on Information Systems, AMCIS 2015.
Philip Chen, C. L., & Zhang, C. Y. (2014). Data-intensive applications, challenges, techniques and technologies: A survey on Big Data. Information Sciences. https://doi.org/10.1016/j.ins.2014.01.015
Provost, F., & Fawcett, T. (2013). Data Science and its Relationship to Big Data and Data-Driven Decision Making. Big Data. https://doi.org/10.1089/big.2013.1508
Schultz, B. (2013). Big data in big companies. Baylor Business Review.
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Tsakanikas, A., Danchev, S., Giotopoulos, I., Korra, E., & Pavlou, G. (2014). ICT Adoption and Digital Growth in Greece. Tsami Karatassoυ Str.
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Xu, J. (2014). Managing digital enterprise: Ten essential topics. Managing Digital Enterprise: Ten Essential Topics. https://doi.org/10.2991/978-94-6239-094-2
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