Impact of Digital Technologies on Organisational Development: A Case Study of Deloitte
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This report discusses the impact of digital technologies on organisational development with a case study of Deloitte. It evaluates major innovations and technologies used by the company, assesses their impact on organisational development, and discusses their impact on data and knowledge management in decision making.
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................4 Provide a brief description of the client organisation. Identify and evaluate major innovations and digital technologies that your client is using........................................................................4 Assess how these innovations and digital technologies affect organisational development. Examine the pros and cons of these technologies.......................................................................6 Discuss how the said innovations and digital technologies impact on data and knowledge managementin process of decision making in your client’sorganisation. Justify your statements....................................................................................................................................8 CONCLUSION..............................................................................................................................10 REFERENCES..............................................................................................................................11
INTRODUCTION Digital business is considered as a major business approach which use information and technology to perform major operations in a fast and accurate manner. This is also one of the major role of a business to focus on application of digital technology in order to develop key functions and tasks. It is also key duty of a business to focus on hiring IT experts and professionals to manage all major digital technology based operations. In this report example of Deloittecompany is taken into consideration which is a majormultinational companybased in London, United Kingdom. The company was founded in the year1845and provides audit, management and consultancy services to different companies all over the world. In this report there is a brief description of client organisation along with identification and evaluation of major technologies and innovation which are used by the client. This report also includes the way various innovations and digital technologies affect development of a company. This report alsostatestheimpactofdigitaltechnologiesonmanagementofdataandknowledge management in process of making decisions for the organisation.
MAIN BODY Provide a brief description of the client organisation. Identify and evaluate major innovations and digital technologies that your client is using Deloitte is an multinational professional service network having its offices within 150 countries and comes under Big Four accounting organizations and largest professional service network in the world. In modern world an organization requires to survive within competitive environment an organization requires to adopt latest technologies which leads upon improving there working and process in more effective way. These technologies allows enhancement done with over all growth of organization(Marinho, Fernandes,and Pimentel, 2021). The nature of labor has been converted with the aid of using virtual era. Increased connectivity alternatives suggest that many humans now have some distance extra possibilities for operating from home, as faraway operating will become an increasing number of common. Many jobs can now be finished from hundreds, or maybe hundreds of miles away with out difficulty. Without the want for all employees to be gift withinside the identical building, many different bendy operating practices at the moment are possible. Anybody with get entry tothe net immediately has get entry to a big share of the world’s understanding over the web. Lessons and publications can now be introduced clearly online. Communication advances suggest that could now effortlessly have interaction with maximum of the world’s populace and study at once from sources, for example, if you are attempting to sign in overseas events, or mastering a brand new language. Digital era also can be simpler to apply for humans with disabilities and regularly deliver them everyday get entry to. Digital technologies are those important technologies which are based upon internet, digital media and social media. It has helped an organization like Deloitte to achieve its goals and objectives with positive approach. Further various digital technologies have been discussed as follows: Communication Technology: Communication technology facilitates in transmit facts or facts through the use of numerous gadgets like telephone, radio, television, and the internet. Businesses additionally makeuseof communicationtechnologymakesfacilitationdoneaboutprocessimportant information with the help of digital gadgets which makes information circulated in more effective manner. It has helped in making development of communication network which makes
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operations and task to be completed within an organization like Deloitte. Thus its able to provide better and effective services to its customers. This makes communication technology more impactful for the organization. Construction Technology Constructiontechnologyisassociatedwiththesystemandtechniquesappliedto constructeachsuperiorandsimplehomesandsystems(Joslin, 2018). This canconsist ofheavy engineeringsystemslike bridges. Thetechniquesofcreationuseone-of-a-kindheavyequipment andequipmentlike tractors for land preparation,pcsoftware programtolayoutand create a digitalizedmodelof theconstructingor structure. Thesecreationequipmentassistinimproving the operationalperformanceandmaking surethat thedeveloperswholethemissionwith minimaltroublesand accident,inside thedetailedprice rangeandinside thegiven limit. It has helped organization like Deloitte develop better working infrastructure which leads over making an organization’s working completed more effectively. The organization is able to construct patterns which makes product to be developed with latest features. Deloitte by using the technology is able to produce goods and provide services through more efficiency. Thus it is required to be present within an organization. Product Technology: Product technology is the know-how of specs and traits of a products or services created as in line with the desires of the marketplace and production processes. It is the particular era utilized by the producer of the products or services, its manpower, standards, materials, layout specs, strategies and methods. It allows in figuring out the purposeful traits, properties, and shape of the product to make sure it meets the necessities and desires of the customer. An organization like Deloitte is able to produce fine services to its customers which makes an organization attain public interest making it popular within market. Artificial intelligence (AI): This technology refers back to thesimulation of human intelligence in machineswhich can beprogrammed tosupposelikepeopleand imitate theirmoves. Thetime periodcan also be implementedto anygadgetthatrevealstrendsrelated toa humanthoughtsconsisting ofstudying and problem-solving. Thebestfunctionofsyntheticintelligence is itscap potentialto rationalize
and takemoveswhich havethefirst-classdangerofreachinga selectedgoal. It helsp an organization like Deloitte improve customers identification and providing quick response over the queries presented by them. Social media: Social media are interactive technology and virtual channels that facilitate the advent and sharing of information, ideas, interests, and different kinds of expression thru digital groups and networks while demanding situations to the definition of social media arise because of the type of stand-on my own and integrated social media offerings presently available. This made organization like Deloitte achieve better place within market making organization grow more effectively by making it reach to customers in faster and better way. Assesshowtheseinnovationsanddigitaltechnologiesaffectorganisationaldevelopment. Examine the pros and cons of these technologies The innovation and digital technology are helpful in increasing competitive strength of a business entity(Bian, Ji, and Wang, 2021). Innovation should be practised in a business entity with time bounded process in order to develop key practices(Asman, 2020). Deloitte Company also focuses on bringing innovation in its business functions with the help and support of digital technology. The company also focus on development of major software which is used in order to facilitate services of the organisation. An organisation gets several benefits with the help and support of innovation in a set time period. Many companies use the application of digital technology tools and techniques for development of innovation in a systematic and precise manner. It is also one of the major roles of a company to develop innovation with support of key strategies. The following are different affects of organisational innovation on its development: Business development- Development of a business is a major aspect which needs to be considered by a business in a precise manner. It is key role of a business to focus on innovation in order to facilitate innovation and development. Growth and expansion of a business is also impacted by key development in innovation. Deloitte company also achieve key competitive strengths in its business with the help and support of innovation. Reach customers- In the era of information and technology it is essential for a business to focus on innovation in order to reach large number of customers. This will increase potential of business as well as it will improve its profitability. The digital technology
and innovation should be considered by a business with the help of IT experts to ensure maximum reach to different customers(Mainguy, 2021). This is also one of the major roles of a company to focus on different customers and calculate major attention of different customers. New methodology in business according to market trends- The innovation helps a business to develop unique value preposition for its customers. It is very much necessary for a business entity to develop new methodology according to digital marketing trends. This approach will help company to formulate key areas of development and focus on innovation techniques. Pros and cons of digital technologies Pros The pros of digital technologies are wide and effective as it develops a business in a precise and systematic manner. Digitaltechnologyalsohelpsabusinessorganisationtomoveaheadofits competitors. The application of digital technology helps a business entity to also attract client as operations are performed in a well defined manner. It is also one of the key roles of a business to focus on key goals and objectives and achieve them with the help of digital technology. The digital technology also helps Deloitte to perform key operations related to big data management which is a major approach in handling large amount of customer data. There are different cons of digital technology also which are to be considered by Deloitte Company Cons of digital technology include a major factor which is related to privacy of customers. Digital technology also includes cyber security issues which are to be developed by a company. In the recent times, it is important role of a business to consider the major con of digital technology which is threat from Malware, Spyware and Viruses.
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Discuss how the said innovations and digital technologies impact on data and knowledge management in process of decision making in your client’s organisation. Justify your statements Innovationsanddigitaltechnologiesimpactondatamanagementandknowledge management in a precise manner. The decision making ofDeloitte Company is also impacted by digital technology in many different ways. It is also helpful in increasing core strength of a business by developing innovative ways of performing business entity. The digital technology based tools like Management information system, Decision Support System and Knowledge management system helps in simplifying business related operations. Key decisions of business are also affected by digital technology as it helps in supporting business activities in a well defined manner. The Deloitte Company also gets major competitive strength at the marketplace by managing large amount of data through big data management. This is also one of the key roles of a business to take into consideration advice of IT experts in order to take decisions of the company. IT management should be also referring to advanced computer systems and software for performing key operations. In order to increase the efficiency and effectiveness of a business it is important to take decisions with key support of digital technology based tools. Major companies formulate decision making with the development of key strategies based on usage of IT systems. Data synchronisation of Deloitte Company is also majorly supported by digital technology. Most of the successful companies in domestic and international marketplace has shifted their operations from traditional to modern. This happened due to emerging and quick growth of digital technology(Matamala, Díaz, and Lagos, 2021). Marketing management of a company is also supported by digital technology in a well defined manner. Deloitte Company uses internet and social media marketing in many of its functions. It is ethical duty of IT management of a company to focus on key aspects of developing digital technology for long term business growth. In the recent times, data management is performed with software and applications developed by IT companies. Companies should focus on key approach related to all operations on the basis of digital technology to facilitate learning and development. Decision making is also developed in a quick manner with help and support of digital technologies based techniques and tools. In order to gain effective growth at the marketplace, it is crucial role of a business entity to focus on
developing software based on data management. The Big Data technology is also a major approach and technique to manage data of a business. In the corporate world, all necessary functions related to digital technology are played by different companies. Main approach in digital technology is to facilitate company development in a short span of time. There are different companies in the marketplace which take help of IT experts in the form of consultancy services. Application of consultancy services is helpful in increasing key roles and areas of a business which are important for whole company. The data management should be developed by a company in a well defined manner to support application of digital technology. There are various companies at the marketplace which also deploy information and technology because of the strong market demand and trends. A business entity should also focus on key roles and responsibilities which are to be facilitated by support of various theories and models like Subscription and IT technology.
CONCLUSION From the above stated report it can be concluded that it is essential for a business entity to focus on development of digital technology in order to achieve business goals. This project concludes importance of innovation and digital technology in order to lead the marketplace with distinct advantage. All major companies in the global and domestic marketplace should focus on implementation of digital technology with supervision and control in order to control functioning of company. This project also concludes role played by IT professionals in development of a business entity. The discussion also concludes significance of digital technology in order to perform key operations and functions of a company.
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REFERENCES Books and Journals Asman, N.M., 2020. Improvising in the Loop: Seven Improvisatory, Loop-Based Pieces for Customized Data-Driven Instruments; A Digital Portfolio Dissertation (Doctoral dissertation, University of Oregon). Bian, W., Ji, Y. and Wang, P., 2021. The crowding-out effect of central bank digital currencies: Asimpleandgeneralizablepaymentportfoliomodel.FinanceResearchLetters,43, p.102010. Joslin, S., 2018. Seven Attempts at Magic: A Digital Portfolio Dissertation of Seven Interactive, Electroacoustic, Compositions for Data-driven Instruments (Doctoral dissertation, University of Oregon). Kulian, V., Yunkova, O. and Korobova, M., 2019, December. Digital Optimization of Portfolio with Market Restrictions. In 2019 IEEE International Conference on Advanced Trends in Information Theory (ATIT) (pp. 402-405). IEEE. Le Rossignol, K. and Kelly, M., 2021. Transformative eLearning and Portfolio Careers in Higher Education. In eLearning Engagement in a Transformative Social Learning Environment (pp. 263-278). IGI Global. Lewis, A., Brown, S.,. and Eyman, D., 2020, July. PANEL & ROUNDTABLE: Digital Student Portfolio Faculty Learning Community: Lessons Learned (90 mins). In Innovations in Teaching & Learning Conference Proceedings (Vol. 12). Mainguy, M., 2021. Portfolio: An Assessment Tool in the Arts. In Perspectives on Learning Assessment in the Arts in Higher Education (pp. 260-275). Routledge. Marinho, P., Fernandes, P. and Pimentel, F., 2021. The digital portfolio as an assessment strategy for learning in higher education. Distance Education, 42(2), pp.253-267. Matamala, C.Z., Díaz, D.R. and Lagos, P.S., 2021, December. Scale design to encourage the self-regulated development of a digital portfolio in engineering education. In 2021 IEEE CHILEANConferenceonElectrical,ElectronicsEngineering,Informationand Communication Technologies (CHILECON) (pp. 1-4). IEEE. McCormick, J., 2017. Using digital portfolio process with young learners and facilitation of metacognition. Wilkes University. Reis, M. and Félix, S., 2021. Digital Portfolio as a communication tool in product design. In Comunicación en cuarentena: el cambio mediático en pandemia (pp. 139-151). Universitat d´ Alacant/Universidad de Alicante.