Impact of Digital Technologies on Organizational Development: A Case Study of Aston Martin
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This report evaluates the impact of digital technologies on organizational development using Aston Martin as a case study. It discusses major innovations and technologies used by the company, their impact on data and knowledge management, and how they affect organizational development.
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Table of Contents INTRODUCTION..........................................................................................................................3 MAIN BODY.................................................................................................................................3 Evaluation of major innovations and digital technologies in context to Aston martin..............3 Assessmentofhowtheseinnovationsanddigitaltechnologiesaffectorganisational development................................................................................................................................6 The impact of these innovations and digital technologies on data and knowledge management in process of decision making.....................................................................................................6 CONCLUSION..............................................................................................................................8 REFERENCES..............................................................................................................................9 2
INTRODUCTION Digital technologies are defined as the tangible and intangible resources which facilitate everyday working with speed while maintaining accuracy and reliability. These refers to electronic appliances, tools, systems, gadgets, software and devices which helps an individual in storing information and performing processes. Some common examples of digital technologies includes mobile phones, laptops, computers, social networking sites and other gadgets and systems. Technological development and digitalisation are critically impacting upon the working and performance of organisations. Growing advancements are playing a crucial role in the development of emerging and existing organisations (Gimpel and et.al., 2018). The following report discuss the impact of innovation and digital technologies in context of an organisation. The chosen organisation for the purpose of evaluation of technological development is Aston Martin. It includes the assessment of how technological development and innovations affect the working and progress of an organisation. It also analyse the impact of data and knowledge management in process of decision-making in context to Aston Martin. MAIN BODY Evaluation of major innovations and digital technologies in context to Aston martin Aston martin is a UK based car manufacturing company deals in design and development of auto-mobiles and is one of the leading British brand. The company is engaged in creation and development of luxurious designs along with high acceleration. The company has gained worldwide recognition due to its creative and innovative designs which are genuinely considered as a great piece of art. The brand operates globally and is one of the most remarkable British brand which has gained worldwide attention after marking its presence in James Bond movie series. The company frequently and continuously make effective use of various technologies and innovationsforthepurposeofbrandenhancement(HeavinandPower,2018).Constant technological development has became crucial and essential in order to bring differentiation to establish competitive advantage and to mark brand relevance. Thecompanyimplementsuseofvarioussoftwareandmakeeffectiveuseof technological advancements to facilitate its functioning in smooth and potential manner. Some examples of such major innovative practices and digital technologies used by Aston martin for better performance of the company is explained below: 3
Mobile workstations:The company adopts the wide usage of workstations in order to facilitate transmission of information without interruption. The availability of power and the high quality of functioning endorsed in modern workstations designed nowadays enables seamless transition. The effective use of high-tech workstations are offering brand new ways of design development and engineering methods (Ferreira and et.al., 2020). Machineries and systems are quality proven and tested to MIL-SPEC standards which implies guaranteed efficiency and convenience in performance. A mobile workstation can be defined as a computer-based notebook with top notch characteristics and high performance attributes. Its features includes quick processors, creative graphic presentations, super powered CPUs and other advanced options with an excellent memory and additional storage. Workstations are extremely helpful for engineers in creation of moderndesignsduetotheirsuperadvancedfeatureswhichenablescomplextaskslike computer-aided design and drafting, 3D furnishing and video editing. The company highly invest in procurement of Lenovo workstations for the design development and maximum technology access. Dassault Systemes CATIA V5:CATIA refers to computer-aided three-dimensional interactive application allows the company to enable multi-tasking purposes of design, manufacturing, engineering, model making and management of products. The company make effective use of this software for development of product designs using advanced features provided by the software. The main motive of usage of this software is to enable the formation of creative auto- mobile designs using the effects of three dimensional structures. These Systemes are highly used by auto-mobiles manufacturers which enable them to develop collaborative engineering methods through shaping and emerging the structural models (Aleksandrova, Vasiliev and Letuchev, 2018). Aston martin ensures unique and highly attractive designs in the range of its auto-mobiles which denotes differentiation. The sports car, DB11 recently launched by Aston martin is being considered as an “aesthetic revolution” by the company due its highly advanced features including innovative aerodynamics that ensures proper air moment through the structural design while keeping the clean design of car undisturbed. Aston martin DB5 marks the revolutionary era of the brand, which made its appearance in James Bond movie Goldfinger after which the company has remarkably developed various innovative and advanced models of the classic DB5. Product designing software like these facilitates the making of such classic designs and allow the company to proceed in its remarkable success. 4
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Microsoft power BI dashboards: It refers to a service which various business organisations use to evaluate and analyse their data statistics with the help of visuals and graphics. The power BI dashboard helps an organisation in the presentation of relevant and current data in a summarised manner. It make effective use of graphs, pie charts, diagrams and other methods of graphical representation which enables better understanding of facts and trends. The company' s IT professionals are engaged in usage of dashboards which assist them in getting quick idea by looking into insights and facilitate evaluation of their valuable informative data. The frequent use of dashboard allows the company in determining the current scenario of their market and other related facts which are concluded with the help of data analysis (Galindo-Martín, Castaño- Martínez and Méndez-Picazo, 2019). Cloud computing:Cloud computing is used by almost every organisation whether large, small, multi-national and complex business organisations as well as individuals. It is next to impossible to restrain the use of cloud computing when it comes to wide use of digital transformation techniques. Cloud computing is used for data storage which allows an user to store necessary information and access it whenever needed. It is used for various purposes like data recovery, backup, transmitting data etc. Aston martin like any other organisation use the features of cloud computing for storing massive amounts of its informative data. The employees of Aston Martin and its staff members use cloud computing for the purpose of storing data regarding sales and inventory management (Tortorella and et.al., 2020). The effective usage of Cloud computing helps the company in detailed analysis and evaluation of their data which relates to sales turnover and other functioning operations. With the help of brilliant features of cloud computing, the employees of company are able to organise their data in proper manner which facilitate ease in decision-making. Management information system:these systems are being used by every organisation to facilitate the process of decision-making. Like every other organisation, Aston martin executes the process of making effective decisions for determining company's objectives through these systems. Some examples of MIS includes process control, inventory control, accounting and finance systems, automated processes etc. which enables accuracy in performance. The use of MIS ensures that the organisation manages their resources and data in proper manner for its smooth functioning (Mendhurwar and Mishra, 2021). These system assist in day to day 5
management of inventory, purchases, expenses, revenues and other important aspects of a business organisation. Apart from the above stated technologies, Aston Martin is widely engaged in use of other modern advancements including a range of product designing software used by their engineers. The company is able to produce unique and innovative designs by implementing a variety of innovation tools which helps the company in creating classic designs like DB5 and other attractive models (Kalolo, 2019). The company also use Microsoft 365 software which helps it in various ways by enabling proper data management. Aston martin performs thorough research to know current trends and preferences of its customers better. Research is facilitated through internet and data statistical tools which helps the company in producing better designs. Internet obviouslyisoneofthemajordigitalinfrastructurethatenablestheusageofvarious technologies. Assessment of how these innovations and digital technologies affect organisational development The recent technological and digital advances has put the massive change in the organisational day to day activities and task. The firms faces significant changes in terms of their work design andleadershipstyle.Moreover,theuseofmodernbusinesstechnologieslike:Artificial Intelligence has become an integral part of the business firms. In context to Aston martin, the company practices modern technologies for managing its day to day operational activities and its confidential data which is crucial for the organisation. Furthermore, use of digital technologies like Lenovo workstations, cloud computing tools etc. has significantly improved the growth potential of the company(Alper and Goggin, G., 2017). Critical evaluation of key technologies used by Aston Martin and their impact on organisational development: Development of Site-core experience platform The firm has taken an evolutionary step towards shifting its business and marketing plan in the digital platform called Sitecore experience platform (XP). This digital platform has enabled the company to reach its brand value, reputation and aspirations to more new audiences especially the strategically important Chinese market. It provides holistic experience to its customers and helps in deliveringthe information when they actually need it. Furthermore, it enables the company to roll out constant stream of new features such as enhanced dealer pages and its online guide database quickly and efficiently. 6
PROS: Enhanced user experience: It provides user friendly platform to its customers by using simplify content translation tool which helps in expanding the company's global reach faster. CONS: Gatheringand using datafor decision-making:Using thisplatformposesa great challenge to the company as it is difficult to analyse and interpret the data from different countries with different culture. Use of VR/XR technology The company has taken the major step in providing the best technological and innovative services to its customers. The firm is exploring the use of virtual and mixed reality technologies tostreamlinetheirbusinessprocesseswhichultimatelyenhancetheiruserexperience tremendously(Hitchcock and et.al., 2019). The company has partnered with the VR/XR service provider Varjo in order to deliver an immersive and ultra realistic experience of their luxury car segments to their customers just by sitting at home. Furthermore, deploying VR/XR technologies has provided the designers to collaborate remotely and do their work as efficiently as in office which helps the company to run its operations smoothly even in pandemic and unfavourable conditions(Love and Matthews, J., 2019). PROS: Building Low cost models: Improved graphics in the VR/XR provides guidance to the design teams in terms of quickly identifying the drawbacks in processes which helps in building low cost car models. CONS: Lack of interest by users: There may besome of the customers who doesn't show any interest in adopting innovative ideas or new technologies by the firm. Hence, it poses a greater challenge in front of the organisation to educate them properly about the use of this service. Deployment of Lenovo's mobile workstation technology The use of mobile workstation by the company's design team has positively influenced the performance, productivity and creativity of the organisation. The firm has relied on mobile workstation to provide a seamless transition from the office to working home. Moreover, Thanks 7
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to the raw power of today's workstation, it has completely redefined the ways engineers and designers work within the organisation(Marusin and Ablyazov, T., 2019). This platform is very beneficial for their designers as they have full access of their designs and can also modify their designs from sitting anywhere in the world. PROS Providesseamlesscollaboration:Thedigitalevolutionhasallowedthecompany's engineers to smoothly collaborate from wherever they are and optimize every workflow which helps in achieving perfection in designs and bringing their innovation to market faster. CONS Lack of security: The transformation of business processes in the online platformcan put a significant risk on the company's confidential data. Moreover, the competitors can manipulate the data to satisfy their selfish desires(Prior, N., 2018). Using latest professional graphics from NVIDIA Graphic power is crucial in rendering smooth workflows and plays an important role in ability to design and create without limits. It allows the firm to unlock the future of design. Moreover, adoption of modern graphic technologies helps in revolutionizing the entire design life-cycle and letting design feedback in no time. Furthermore, the team of the firm can now quickly make idea relating to changes in interior fabric choice without worrying about any lag. Hence, the use of latest graphic technology is helpful in delivering richer customer experience now and in future. PROS Ensures optimal performance: The use of latest graphics helps in designing the futuristic design modals which helps to enhance the performance of the company. CONS Complex in usage: The use and maintenance of modern graphic cards is complicated in nature. Moreover, it requires proper training in order to operate them. Using sales-force's cloud platform Aston martin has successfully replaced its age old customer relationship management system withsales-force'scloudtechnologyinordertoimproveservicesregardingcustomer management. Use of sales-force software helps the company of getting deeper knowledge about their customers and able to know how they are likely to behave in future.In relation to it, it helps 8
the firm to know about the current trends relating to customers preferences and desires which helps in setting a threshold for customer satisfaction.Thanks to Sales-force, it allows the firm to get closer with its dealers and customers which results in unlocking the newer insights required for unleashing the growth potential of the company(Zelizer, B.,2019). PROS Easily accessible:This platform can be accessed by large no. of employees and dealers in order to share and analyse information related to opportunities, leads and customers. Moreover, it can also be accessed by staff while they are on road or anywhere in the world. CONS User adoption issue: If the sales-force CRM is not configured with user convenience as a priority , then it may lead to lesser adoption by the users. Moreover, mastering the sales- force features is also a challenge for the users as it require an intensive training sessions for them to undergo. The impact of these innovations and digital technologies on data and knowledge management in process of decision making Nowadays, businesses are making great progress and making way for betterment through ensuring availability of branded commodities and highly convenient services. This progression and great value addition to businesses and lifestyle of individuals has only become possible with technological advancements, without any doubt. Technological development has redefined the dimensions of success and working patterns for business organisations and corporations. Digital technologies and emerging innovations facilitate the operations of a business entity and direct them towards growth and development.Every business task which was previously done manually has now became easily achievable with the use of technology. Increasing digitalisation is paving the way for globalization and advanced enhancement in everyday life. The frequent use of technologies that help in the process of knowledge management includes artificial intelligence (Eloy and et.al., 2019).AI technologies like databases, decision support systems, information management systems and other such systems which enables effective decision making and helps in better performance of an organisation. These techniques and tools of artificial intelligence improves the learning and understanding of an organisation through enhancement of knowledge 9
and intellectuality. The impact of innovations and digital technologies on data and knowledge management is discussed below:Enablesdataanalysis:ITprofessionalscontinuouslyandfrequentlyusevarious Microsoftapplicationsalongwithothersoftwarewhichhelpsindevelopmentof understanding relevant data. The management performs data analysis and evaluate decisions on the basis of their findings based on the informative data organised in information management systems. Large organisations like Aston martin have complex working operations and have to maintain massive amounts of data regarding sales turnover, inventory management and so on(Brock and Von Wangenheim, 2019). Thus it becomes hard to organise such data and even harder to recognise useful data. Hence Microsoft programmes and technologies like cloud computing helps in formulation of summarised and consolidated version of heavy data. Organised data thus helps in effective decision making for the attainment of organisational goals.Avoid delays in decision-making:Due to the ease and maximum convenience offered through dashboards and information management systems, it has became easy to form decision on the basis of relevant facts. Artificial intelligence tools provides assistance in gaining valuable information which could be conclusive and helps in establishing facts. The facts and statistics that is provided through knowledge management systems helps in fast decision-making and avoid delays in operational activities.Improves learning and enhance expertise:IT managers and professionals frequently use informative software and technological systems due to which their learning abilities and scopeofknowledgeexpands(Sandhu,2018).Astonmartin'smanagersandIT professionals are highly intellectual and have great expertise in analysing data. The company is able to make effective decisions with the help of their consultancy and high aptitude skills which they have developed through constant use of informative software.Increased scope of growth and development:The more a company is engaged in technological processes and innovative developments, the more it succeed and grow towards advancement. It is due to the highly increased significance of modern techniques and computer-based systems(Pargman, 2019). Also the use of technologies ensure accuracy and reliability in results which are capable of yielding benefits. Acquiring 10
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knowledge and gaining better understanding of facts and current trends helps in efficient decision making process. Provides assistance in collaboration:The use of information management software helps in improved collaboration through effective interaction facilitated by various technological tools(Zhong and et.al., 2018). The company collaborative efforts helps in betterdecision-makingwhichishighlyfacilitatethroughmoderntechniquesand computer systems. CONCLUSION As per the view of respective report, it has been concluded that continuous innovation in technologies and modern advancements helps an organisation in numerous ways. The working of Aston martin is highly dependent upon use of technological resources as the company deals in manufacturing of auto-mobiles. It has been concluded that the company make effective use of various techniques and digitalised processes in the course of their business operations. It has been concluded that the techniques also have some cons along with the major advantages that it provides. The usage of software and innovative technologies assist the company in process of knowledge management which helps in better and effective decision-making. The company has shown remarkable growth with the help of various software which facilitate their product design development and bringing innovation to the brand. 11
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