Trends In Global Environment Assignment PDF

Running head: TRENDS IN GLOBAL ENVIRONMENT
Article analysis
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1TRENDS IN GLOBAL ENVIRONMENT
Table of contents
Summary of the article...............................................................................................................2
Key questions.............................................................................................................................3
Literature review........................................................................................................................3
References..................................................................................................................................8

2TRENDS IN GLOBAL ENVIRONMENT
Luca, M., Kleinberg, J. and Mullainathan, S., 2016. Algorithms need managers,
too. Harvard business review, 94(1), p.20.
Summary of the article
The article reflects the relation between algorithm and the managers. Rather, it can be
said the article projects the techniques applied by the managers for using the algorithms. The
adverb “too” enlists the managers in the list along with the managers in terms of carrying out
algorithmic calculations (Luca, Kleinberg and Mullainathan 2016).
The article starts with the functionalities of the managers, involving predictions.
However, the usual connotations of the managerial functions relates to the regulating the
performance of the staffs. Countering this, predictions are needed in terms of estimating the
achievement of success and the time when the goals and the objectives would be achieved.
As a matter of specification, the article assumes that algorithms make the predictions
accurate. However, lack of understanding towards the operations of the algorithms aggravates
the risks. Herein lays the appropriateness of the example, which the article refers for
enlivening the importance of algorithms in the workplace activities (Luca, Kleinberg and
Mullainathan, 2016).
Algorithms in the social media gain an important position in the article. Typical
examples of this are pay per click advertising, which increases the trafficking of the audience
towards the brand image. Prevalence of the issues reflects the alarming tone of the article in
terms of identifying new data sources.
The article also provides an insight into the vision of the managers, which needs to be
explicit for the achievement of goals and objectives. Setting short term goals is productive in
terms of achieving long term benefits. Narrowing the search is a wise step towards reaching