•Part 1: Analysis of Emerging Trends and Technologies
The History of Unilever •Unilever is a multinational company that deals in consumer products •The company enjoys a wide market outreach •The distribution of quality consumer products is a key factor that contributes to the popularity of the company •The company is keen at adopting technological trend to create a competitive advantage
Internet of Things and 5G networks •Internet of things is a current trending practice that explains on how devices across the globe are connected to the internet. •It is a giant set of net work that can connect to the internet. •5G network is another trend in technology that a company can willingly integrate •The deployment of the 5G cellular network around the globe for mobile devices.
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Analyzing Trends: The History •IOT is a digital intelligence layer that makes a tech device quite smarter •The application of IoT entails the company integrating most of its tech Items with the internet •The action entails the integration of information systems with the employee phones, laptops and watches to facilitate easy communication •The use of phones to access the company apps facilitate the employees to work from any place is a key factor that comes with the practice.
Analyzing Trends: The Results How it has grown through faster browsing •The application of 5G networks is a practice that facilitates faster browsing. •It is a move that makes the company to work in a more smart technique. •5G divides the frequencies into two specified groups such as FR1(450 MHZ-6GHZ ) and FR2 (24 GHz - 52 GHz). •The frequencies lead to the overall increase in the data speeds which is a key factor that makes the basic operations of the company faster.
Analyzing Trends: The Appeal •IoT is becoming a common trend in technology ever since it was introduced back in 2015 •Companies have continued to be effective in adopting the practice through integration of the practice with the current technology. •The introduction of the 5G internet is a practice that needs to be perfectly evaluated. •The use of 5G networks are common as companies purchase tech devices that are 5G enabled
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Analyzing Trends: The Appeal 2 •The application of IoT and 5G networks plays an integrative network •The delegation of duties have proven to be more easier for the companies that have applied them •The effectiveness of the institution is affected with the capability of the technology to willingly activities its general operations
Analyzing Trends: Additional Insights •Huawei is an example of a company that applies the technology •The company ensures that the current phones that it distributes are 5G enabled •The action provides better experience to the customers that are more that willing to use the services that they provide to them.
•Part 2: Recommendations for Implementation
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Strategies and Process Considerations •The implementation of the trends is a key factor that entails the application of the correct set of technology. •The activity entails the implementation of the process entails the proposition of the incentives •The actions takes place through the application of the correct process •The redefinition of cultural values of the company is part of the process
Strategies and Process Considerations •Management consent •Employee training •IT integration with the current technology •Final implementation and evaluation
Change Management Challenges Challenges •Change management is likely to create a management problem for the company •The management of multiple teams is a problem that would be solved through the development of a different management strategy •Needs differentiation could be solved through effectual management training •Juggling with the simultaneous changes is a key factor of concern that needs to be appropriately addressed.
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Change Management Challenges •Management of multiple teams •Employee specialization •Updating the company documents to align with the change processes •Aligning the trend with the current technology
Recommendations for Implementing Trends •Presentation of the trend to the top management •Working with the employees to ensure a smooth integration process •Plan development •Sustaining and launching the 5G connectivity
Potential Issues/Risks of Implementation •The common risks involved is financial risks, operational risks and losses •Insuring the business against such risks is a preferable practice for the company •Risk acceptance is part of practice that the company can adopt •Risk avoidance is a practice that can take place through effective methods
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References •Gibbs, C. 2016, "Report: Verizon helps invest $25M into Kumu Networks for 5G network tech",FierceWireless,. •Griffith-Cooper, B., & King, K. (2017). THE PARTNERSHIP BETWEEN PROJECT MANAGEMENT AND ORGANIZATIONAL CHANGE: INTEGRATING CHANGE MANAGEMENT WITH CHANGE LEADERSHIP.Performance Improvement, 46(1), 14- 20. •Kroszner, R.S. 2008,Strategic risk management in an interconnected world: a speech at the Risk Management Association Annual Risk Management Conference, Baltimore, Maryland, October 20, 2008, Federal Reserve Bank of St Louis, St. Louis. •Muench, C. 2014, "The Difference Between the Internet of Things and the Internet for Things",Machine Design,.