Digital Operations Management
15 Pages3339 Words262 Views
Added on 2020-10-22
Digital Operations Management
Added on 2020-10-22
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MANAGINGDIGITAL OPERATIONS
Table of ContentsINTRODUCTION...........................................................................................................................3Justification and rationale of the topic........................................................................................3Comprehensive review of the evolution and current state of these contemporary digital issues......................................................................................................................................................4Critical evaluation on the challenges and opportunities of these contemporary digital issues...5Critical analysis these contemporary digital issues affecting business organisations................7Identify digital tactics and strategies undertaken by business organisation to address theissues...........................................................................................................................................7Conclusion and recommendations for business organisations....................................................7Future direction of these contemporary digital issues.................................................................7REFRENCES...................................................................................................................................7
INTRODUCTIONDigital operation is a new type of operations within a company. These operations bringstogether machine learning, automation and develops centric workflows to mobilise teams. Inpresent business scenario, digital technology is revolution is transforming the industrydramatically. It is changing the ways companies serve customers, manufacture products, interactwith stakeholders, manages operations, assist and support manpower. Organisation undertaken inthis report is Amazon which was founded in 1994 which deals in cloud computing, e-commerce,artificial intelligence industry (PEREZ, 2015). This report will explain the justification andcurrent states of contemporary digital issues. It will also evaluate the challenges and challengesand opportunities. Then critical analyses of these contemporary issues will be affecting businessorganisations. It will also identify digital tactics and strategies and furthermore therecommendations will be made.Justification and rationale of the topic.The theoretical learning of digital business management is a well recognised field in allbusiness organisations. This is explained by the fact that digital information systems are a criticalaspect of modern business organisations. This will need to use digital information systems at theworkplace. The growing internet and information and communication technologies are servingas a driving force for organisation to adopt innovation in order to achieve growth throughproducing higher level of productivity. It has changed the function of information in business,management and interpersonal systems. Digital era have influenced commercial as well aspersonal space to a great extent.(Demirkan and Spohrer, 2014). As in modern world companiesare using different information systems in order to support their business process so that they cangain competitive edge. Along with it development in internet technology is also affecting thesocial network of people.
In this quickly dynamic, and continuously growing environment of digital informationsystem. it is critical that future managers and leaders are equipped with the essential requiredinformation and skills to use and negotiate with opportunities and initiatives arising in the digitalbusiness world (Evans and Brooks, TigerText, 2016). Comprehensive review of the evolution and current state of these contemporary digital issues.Present digital technology offers an unprecedented opportunities to the organisations. Inamazon, digital technology has reshaped every aspect of the business. In order to establish asuccessful digital transformation company is required to undertake collaborations and planningwhich should include each and every department.(Gruber and et. al., 2015). The digital economyis concerned with the use of digitalised information and knowledge as the important component.The internet, cloud computing, big data, fin tech, etc. are some of the latest digital technologieswhich are used to collect and analyse information digitally and transforms interpersonalinteractions. This creates benefits and skills as the digital technology drives creativity and alsoprovides opportunities for economic growth.The digital evolution started from mechanical and analogue electronic technology in1950's to digital electronics. Which involved regenerated technology which has been analogueinto a digital format.By this, it became easy to identify identical shuffle copies in comparison tooriginal one.(Holmes, 2015). For example in digital communication repeating hardware wasable to magnify the digital signal and further pass it without any information loss in the signal.Cognition to easily relocate the digital information between media and ability to distribute itremotely and revaluation were of equal importance.Current state of digital operationsDigital operations are described as new type of company operations. It is learned fromconsumer technology products which are used in every days life. It is a platform which is used tocreate value through new offerings and relationship in order to gain competitive advantage.Digital transformation is not just limited to big data and digital platforms but also how theseinnovative technologies can used by companies in order to create innovation, new businessprocesses and also in creation of new and smart products and services(Holmström and et. al.,2016). Further, the digital economy is helping regional business to step way from local to globalmarket global market, It also facilitates businesses to keep with long term trends focussedtowards liberalization and reducing trade barriers.
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