StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Management and technology - Essay Example

Cite this document
Summary
Management functions have evolved a great deal since the impact of globalization has become wider.Nowadays,management is not just about controlling the internal factors but managers have to keep a close eye on external factors also…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94% of users find it useful
Management and technology
Read Text Preview

Extract of sample "Management and technology"

Management functions have evolved a great deal since the impact of globalization has become wider. Nowadays, management is not just about controllingthe internal factors but managers have to keep a close eye on external factors also. The four main functions of management include planning, controlling, leading and organizing. Planning is about creating strategies to meet the goals of the organization. However, apart from internal factor such as what firm wants to achieve, quality of employees, and future plans, the firm also has to for the external factors as well such as economic environment and external hurdle that it might face in reaching its goals.

Similarly, controlling is about monitoring the work that employees do. The internal factors of controlling are productivity of employees whereas external factors that might influence controlling is how efficient is not only the firm's own employees but whether or not are they competitive in terms of what other firm's productivity is. Similarly, when leading and motivating people, the firm does not only have to look at the financial aspects of the job, but also some external factors like cost of inflation, employee's background etc.

Another function of management is organizing which is about allocating resources and getting the work done. This does not only depend on how firm is using the resources but emphasis is also placed on the forecasting and any foreseeable future shortage of the resources which is an external factor. This is how management functions have evolved keeping in mind the external factor that could affect the firm. Technology is one major factor that has affected the management. Many books have written on the impact of technology on managers and management.

Technology has helped management to streamline and improve the management functions. It has also threatened and made management job more difficult in other aspect. For example, it has become increasingly easier for managers now a day to plan ahead and use modern forecasting techniques to plan for the firm. This luxury however comes at the expense of managers becoming crippled if they do not have latest technology available. In simple words, without the use of technology, managers' cannot properly use technical skills.

Similarly, controlling has become easier by the use CCTV and other modern technology but it can de-motivate employees as there is no privacy. Organizing is far easier by the use of technology and probably technology has made the most positive impact on this facet of management. Technology is often associated with de-motivator for employees as they fear machines might soon replace them. However, this has forced them to be more productive to keep their jobs. Managers can use delegation to get better served with the advantages of technology and to eliminate any disadvantages accruing from technology.

They can delegate the specialized technology to people who have better knowledge about this technology. This way not only the technology will be efficiently used but by delegating some authority managers send signal to employees they trust them which is going to improve their motivation and morale and lead the firm towards success. References Daft, Richard L. (1994). Management. The Dryden Publishing. Drucker, Peter. (1990). The Essentials of Management. Prentice

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Management and technology Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Management and technology Essay Example | Topics and Well Written Essays - 250 words. Retrieved from https://studentshare.org/management/1517019-management-and-technology
(Management and Technology Essay Example | Topics and Well Written Essays - 250 Words)
Management and Technology Essay Example | Topics and Well Written Essays - 250 Words. https://studentshare.org/management/1517019-management-and-technology.
“Management and Technology Essay Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/management/1517019-management-and-technology.
  • Cited: 0 times

CHECK THESE SAMPLES OF Management and technology

Leadership Theories

Management and technology.... Contingency TheoryContingency theory takes on a different view and argues that effective leadership is heavily dependent on factors like environment and technology (Woodward, 1958).... Academy of management Review, 30, 2, 269-287Woodward, J....
1 Pages (250 words) Essay

Speech 1 - Speech of Introduction (2-4)

As a horticultural Management and technology student, public speaking will enable me to share my knowledge with other people in my field of specialization.... My name is Hawar Kadmer, a horticultural Management and technology expert and will address you on the benefits of horticultural farming....
2 Pages (500 words) Essay

Research Question

International Journal of Innovation, Management, and technology, 3 (3), 210-213.... Collaboration and coordination in supply chain management and e-commerce.... To begin with, the skills gained in the study of the supply chain management are applicable in company, as well as, societal settings.... Notably, knowledge in supply chain management enables… Second, supply chain management centers on the major issues such as rapid and unprecedented of multinational corporations, global expansions, sourcing, and strategic relationships (Balakrishnan & Geunes, 2004)....
1 Pages (250 words) Coursework

Supply Chain Management and Technology

This paper "Supply Chain Management and technology" focuses on the fact that supply chain management is the management of a network of all the business processes in the organization.... he success of a supply chain management system lies in the hands of the technology.... ne of the biggest advantages that the technology has offered to supply chain is the ease of collaboration no matter how distant the customer, the supplier, or any other organization is....
7 Pages (1750 words) Essay

Changes in Communications, Transportation and Technology - Dell INC

The organization offers a wide range of technology products for home, small and medium enterprises, education institution, large enterprises, and government sectors.... It provides the customers with full support for information technology and internet infrastructures....
10 Pages (2500 words) Case Study

21st Century Campus Plan

After the planning and research, the institution to be created would be named as Portsmouth Institute of Management and technology and will be located in the heart of the city of Portsmouth located in the extreme south region of the UK.... It is without any doubt that it was education that brought Industrial Revolution in Europe that resulted in advancement in the field of technology and due to which numerous countries realized the usefulness of education (Michael, 2008)....
12 Pages (3000 words) Term Paper

Management and Technology within a Law Enforcement Agency

The paper "Management and technology within a Law Enforcement Agency" presents a knowledge management system that allows law enforcement agents to put in the data about the location of an incident, its date and time, victims, lead investigator, and the commencement of the investigation remotely.... nbsp;… The level of knowledge Management and technology in a law enforcement agency is internal knowledge management.... Internal knowledge management is a level of knowledge management that involves providing staff members with the right to use knowledge to support or improve their tasks and the overall organizational output....
5 Pages (1250 words) Case Study

Database Systems Administration - Aaliya Institute of Management and Technology

The underlying purpose of this discussion "Database Systems Administration - Aaliya Institute of Management and technology" is to provide the reader with a more informed understanding of some of the key deliverables that will be in focus going automation processes.... hellip; Aaliya Institute of Management and technology (AIMT) is an institution that is entrusted with the responsibility of conducting courses and finally awarding Bachelor and Master's degree programs in varied disciplines....
12 Pages (3000 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us