This paper discusses the ICT professional practice and ethics in the context of Westfield Australia Company. It explores the ethical implications of changing to a digital firm and the competitive advantage gained through digital disruption.
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ICT Professional Practice and Ethics1 Contents Introduction......................................................................................................................................1 Company and Case Description.......................................................................................................1 Ethics and IT Governance Framework............................................................................................2 Ethical Implication of Changing to Digital Firm.............................................................................4 Competitive Advantage Gained.......................................................................................................6 Recommendation.............................................................................................................................7 Conclusion.......................................................................................................................................8 References........................................................................................................................................9
ICT Professional Practice and Ethics2 Introduction The aim of the paper is to explain the reader about the information technology activities of the company Westfield. The company Westfield is an Australian shopping centre company that was originated in Australia in the year 1960. The Westfield group was split up in the tear 2014 between two independent companies that are Scentre Group and Westfield Corporation. The Scentre Group operates its business functions in New Zealand and Australia while Westfield Corporation manages its activities American and European center portfolio. Further, the report highlights the details about the company in response to the ethics and IT governance framework used by the company. It also highlights ethical implication attracted by the company for the purpose of changing themselves into a digital firm. After using the digital activities, it is sure that the company gained efficiency in the market that is discussed below: Company and Case Description The company Westfield is a commercial real estate organization and operator of shopping centre as well. The company is undertaking ownership, design, asset management, development, and leasing and property management activities in the business environment. The portfolio of Westfield includes 40 shopping centres across US and Europe. Further, it should be noted that the Westfield group has operated on the world’s largest shopping centre portfolioswith investment focus in total 103 shopping centres across Australia, Croatia, UK, Brazil, Italy and New Zealand. The place that was developed by the company was named as Westfield Place at it was opened in the year 1959 in Blacktown. The name of the Westfield is derived from west that is related to west Sydney location and field came as it was located on the subdivided farmland. The company came on the Australian Stock Exchange in the year 1960 and expanded the business functions in Australia in a time span of one year. Further, talking about the case, it should be noted that Westfield’s Australia’s Australian searchable mall featured 100000 products online that gave them huge success in the target market. The Westfield group connected with the external market by using digital disruption in the process. The business group realized that they are highly successful in building huge and quality shopping malls in the worldwide market but they activities were challenged by the profound
ICT Professional Practice and Ethics3 change in the behaviour of the shoppers. As most of the shoppers present in the business environment have now shifted their focus from physical shopping to online shopping due to whichgrowthandprofitabilityofcompanieslikeWestfieldgroupreduces.Technical connectivity eliminated the process of physical shopping in the business environment. The business group understood that technology can successfully bring disruption in the business environment that brought opportunity for the company to connect with the digital shoppers, offer them products and provide them great shopping experience as well. Further, it should be noted that in the year 2012, the Westfield Labs were set up to leverage the retail ecosystem using innovative social, mobile and digital market opportunities. The labs covered the interest of the digital shoppers with the physical world. Along with this, the Westfield learnings includes the process of learning new technologies present in the business environment along with creating digitally enabled innovation as well. This type of technology makes them capable to increase the shopper’s experience through digital learning and innovation. Further, in the current environment digital storefront, click and collect hubs, digital in-centre signage, and frictionless car packing payment service, mobile food service apps and searchable mall web platform are all the aspects that are induced by the company to integrate the functions of the retailer and help them to find the ways to increase the satisfaction level of shoppers in the Westfield shopping centre. Further, it should be noted that digital technology comes with its own pros and cons in the business environment that affects the interest level of both shoppers and the retailers in the industry (Wu, Straub, and Liang 2015). Ethics and IT Governance Framework The business environment is rapidly changing with the changing interest of customers to attain products from the market. Entrance of digital disruption in the business increases the efficiency of the organization to work effectively but it also makes them face various codes of ethics in the external market. The ACS code of ethics can be adequately applied in the given case and should be considered so as to help the business achieve its objective in the target market without attracting penalties. The ACS Code of Ethics is a part of the ACS constitution that aims to uphold the integrity, dignity and effectiveness in the actions of the digital market activities in the business process (Hair, et. al., 2015). It should be noted that the ACS code of ethics underline six
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ICT Professional Practice and Ethics4 principles in the system that outline the governance and the ethical practices that the business officials should implement in the target market. All this principles are discussed below: Primacy of public interest: According to this segment of the code of ethics, the public interest should be taken as the topmost priority for the organization before any other personal or private interest. All the conflicts present in the organization that might affect the interest of the people should be formulated in their resulted in their favour only. This important for the organization to display all such facts that might affect their level of satisfaction in the business environment works in favour of their interest only (Mason 2017). Enhancement of quality of life: The progress of informational communication technology has a crucial and important impact on the society and the way of living for the people. While, till date digital disruption has positively impacted on the interest of people however, there is little negative impact with the use of this type of technology. An ethical approach can resolve or eliminate the occurrence of adverse results from the application of ICT in the business. Honesty: This segment of the code of ethics explains that the organizational activities should not breach the interest of public in the business environment. Honesty is they key fact that helps the stakeholders to attain faith on the activities of the company in the business industry. Honesty helps the stakeholders to maintain their level of trust on the activities of business (Auld, Renckens, and Cashore 2015). Competence: it refers to the process of accepting and initiating only those activities that the management believe are competence to perform and do not hesitate in attain guidance additional expertise so as to complete the work effectively. All the facets of ICT practices are not known to any person however, help from additional expertise can help the business thriving success in the target market. Professional Development: Under this code of ethics, it is important for the management to keep them updated with all the forms of ICT and new techniques prevailing in the external environment. Up to date knowledge will help the management to implement new and highly competent practice in the business environment to grow and increase the satisfaction level of stakeholders.
ICT Professional Practice and Ethics5 Professionalism: Lastly, it should be noted that the ICT industry is relatively new and characterised by a rapid change. The ACS code of ethics is implemented in the business environment so as to increase the confidence level of public for the ICT industry. It is the role of business management to implement strategies that to increase ICT activities and provide better level of satisfaction in the environment (Mishra, and Prasad 2015). Thus, it should be noted that along with the ACS code of conduct, the IT professional and organizationsshouldparticularlytakecareoftheinterestofcustomersinthebusiness environment. It is important for the organization to structure their activities and effectively make use of IT resources in such a way that the business attains competitive advantage without harnessing the interest of any customer in the target market. Further, governance of the IT practices should be implemented to create a structure relationship and effectively implement these practices to bring successful outcome for the business (Abdullah, Murad, and Hasan 2015). Ethical Implication of Changing to Digital Firm In the past decades, technology has consistently altered the way of living for people and made them better as well. Technology is a resource that helps the people in increasing efficiency of the activitiesandincreasinglevelofsatisfactioninthemarket.Technologyalsohelpsthe organization is using other resources effectively (Rubino, Vitolla, and Garzoni 2017). Further, it should be noted that apart from positive aspects, there are various negative aspects present in the use of technology in the business environment. ICT has both pros and cons with this usage due to which the IT code of ethics and frameworks are defined to improve the state of the organization and reduce the negative effects of ICT. Below mentioned are the ethical implications of the use of ICT in Westfield Australia Company: Lack of Privacy: By using digital disruption technology companies are able to share more and more information in the environmentwithout people actuallyhaving over it. Companies usually do have information about the customer which they use to increase the sales for the business along with better level of satisfaction. It should be noted that the customers willingly share their information to the company while having faith on them that they will not misuse the information shared by them. However, companies like Westfield make use of the personal data of the people to initiate sales. This type of
ICT Professional Practice and Ethics6 activity is wrong because it makes the organization use personal details of the clients without their information (Kennedy, Welch, and Monshipouri 2017). Further, it should be noted that the company Westfield has stated using digital disruption techniques to grow and increase the sales in the market. The company is also using private information of the clients so as to offer them products accordingly. Currently the company is using the information ethically in favour of both clients and the company but itisimportantforthemconsidertheethicalimplicationofusinginformation communication technology in a wrong manner. The company used technology to woo the customers regarding the makeover of their mall in the environment. The company already knows that what type of activities can attract them and they perform the same in the market. This ethical implication of change in the company is relation ACS honesty and primacy of public interest code of ethics (Hillary 2017). Emergence of Complex Situations: The Company is new in the field and they are actively learning to use digital disruption techniques present in the business environment. Thus, the company faces difficulty in solving problem efficiently when it comes to solving issues present in the digital disruption process. The company does not have effective resources or manpower in the business environment to solve the complex issues related to digital disruption. So, it should be noted that because of not having effective professional resources and guidance in the business environment, the management of the company Westfield face difficulty to survive. When complex cases occur related to digitalization, the company gets stuck and face difficulty to solve it (Schmidt, and Cohen 2015). Elimination of Liability and Responsibility: The process of digital disruption creates an online platform for internal as well as external activities of the organization. With the presence of online platform, the work of the employees is shared and the employees get the opportunity to focus on other areas as well. Partially, this aspect is good but it also eliminates the sharing of responsibility in the business environment. For instance, the marketing managers used to personally promote the activities of the company in the business environment. However, with the emergence of digital technology, the roles and responsibility of the people change which makes it difficult for the management to analyse the person who is at fault. Earlier, with the physical structure, the lower and middle level management
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ICT Professional Practice and Ethics7 know that to whom they need to report and the top level management also know that to whom they need to question. But with the emergence of this system, the responsibility and liability and it is difficult to find the employee to whom the authority is distributed (Eadie, and Perera 2017). Competitive Advantage Gained Digital disruption can be understood as one of the best ways for the organizations to improve their performance and succeed in the business environment. In the given case of Westfield Australia Company, the business also effectively utilized to gain competitive advantage in the business environment (Lebedeva, et. al., 2016). Entrance in the IT field initially helped the organization to attract a wide base of customers present in the target market. Before use of IT, the company used to initiate physical promotion and marketing strategies in the external environment to grow and attract the customers in the market. But with the emergence of ICT, the company has started attracting a wider target base. This type of activity helps the company to attract customers beyond their geographical boundaries (Rahman 2015). Further, it should be noted that the digital disruption technology is income friendly. This type of technology does not requirement huge investment cost for procurement instead, the company can efficiently utilize it with an adequate sum of income. Pocket friendly IT strategies help the company to invest the excess sum into different activities so as to increase the satisfaction of customers in the target market and achieve higher level of profits as well. With the use of ICT in the business, the company also gains the advantage to fight against competition in the business environment. This technology helps the business to work on both online as well as offline platform in the business market. Resulting to which, they gain the advantage to attract more customers in the target market. Initially the company started facing the problem of attracting people to shop from the mall because most of the customers were involved in shopping online due to which the competence of the business was reduced. Further, with the emergence of ICT in the business, the company Westfield Australia gets the advantage to eliminate competition and attract people through online medium as well (Hall 2015).
ICT Professional Practice and Ethics8 TechnologyhelpsthecompanyWestfieldtoattractmoretalentinthebusiness environment and at the same time increase the competence of the company through marketing activities as well. ICT helped the company to attract people and showcase their business activities on the online platform only. The company make use of effective marketing campaigns to attract the interest of customers in the target market and increase the profitability of the business as well (Davies 2016). Thus, in this way, the company Westfield Australia attains competitive advantage in the target market using diversified information technology practices in the business. Recommendation ByimplementingthoroughanalysisofthecaseofWestfieldAustraliaCompany,below mentioned are few recommendations provided to the company in increase its efficiency and eliminate issues in the business environment: Hiring of IT Team: The Company should hire IT team in the business environment so as to attain expert opinion in the activities of the business. The IT employees will train other employees of the company and will have an opinion about the ethical and unethical activities of the business. The IT team will also think of development and provide innovative ideas to the management to work up on. The IT team will proactively portray the positive as well as negative outcomes of the business and will protect the interest of the company in the external business environment. Development of reporting of IT activities: As discussed above, that the company does not have an adequate format of reporting the activities in the business environment. The company should change the structure of the company according to new demand of the ICT system in the business. The company should align the structure in such a way that the physical activities of the company do not affect the online activities and vice versa. This type of change will also help the top level management to segregate authority along with responsibility and call the respective employee in case of issue. Follow up with Ethical Code of Conduct: As discussed above that it is important for the business to follow ethical code of conduct in the business environment. The company should train the IT team in such a way that the employees of the company responsibly
ICT Professional Practice and Ethics9 consider the ethical code of conduct and implement them effectively in the business environment. The last step of every activity should develop a follow up plan for the ethical code of conduct and IT governance rules. Conclusion Thus, in the limelight of above mentioned events, it should be concluded that Westfield Australia effectivelyimplementsthe ICT techniquesin the external environment. The company is successfullygrowingintheexternalenvironment,theyrequireimplementationofICT techniques to grow and succeed. Ethic, governance of ICT techniques is discussed in the paper to highlight the need and importance of ethical framework in the environment. The framework explains about do’s and don’ts in the business. Further, issues faced by the company in relation to changes are also discussed in the paper along with the competitive advantage received to the company in the target market. Lastly, it should be noted that the company is progressively growing in the target market but they need to consider the recommendations so as to perform profitable activities in the business.
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ICT Professional Practice and Ethics10 References Abdullah, A.B.M., Murad, M.W. and Hasan, M.M., 2015. A decision dynamics model of cost control and corporate governance.The Journal of Developing Areas,49(2), pp.397-405. Auld, G., Renckens, S. and Cashore, B., 2015. Transnational private governance between the logics of empowerment and control.Regulation & Governance,9(2), pp.108-124. Davies, A., 2016.Best practice in corporate governance: Building reputation and sustainable success. Routledge. Eadie, R. and Perera, S., 2017. Drivers for electronic procurement and building information modelling in the construction industry. InAdvances in Construction ICT and e-Business(pp. 65- 86). Routledge. Hair Jr, J.F., Wolfinbarger, M., Money, A.H., Samouel, P. and Page, M.J., 2015.Essentials of business research methods. Routledge. Hall, J.A., 2015.Information technology auditing. Cengage Learning. Hillary, R. ed., 2017.Small and medium-sized enterprises and the environment: business imperatives. Routledge. Kennedy, E.T., Welch, C.E. and Monshipouri, M., 2017. Multinational corporations and the ethicsofglobalresponsibility:Problemsandpossibilities.InHumanRightsand Corporations(pp. 123-147). Routledge. Lebedeva, T.E., Akhmetshin, E.M., Dzagoyeva, M.R., Kobersy, I.S. and Ikoev, S.K., 2016. Corporate governance issues and control in conditions of unstable capital risk.International Journal of Economics and Financial Issues,6(1S), pp.25-32. Mason, R.O., 2017. Four ethical issues of the information age. InComputer Ethics(pp. 41-48). Routledge. Mishra, O. and Prasad, A., 2015. INNOVATIONS IN E-BUSINESS.INNOVATIONS,4(8), p.5.
ICT Professional Practice and Ethics11 Rahman, S., 2015.E-Commerce in Business to Consumer(Doctoral dissertation, East West University). Rubino, M., Vitolla, F. and Garzoni, A., 2017. The impact of an IT governance framework on the internal control environment.Records Management Journal,27(1), pp.19-41. Schmidt, E. and Cohen, J., 2015. The new digital age: Reshaping the future of people, nations and business. Wu, S.P.J., Straub, D.W. and Liang, T.P., 2015. How information technology governance mechanisms and strategic alignment influence organizational performance: Insights from a matched survey of business and IT managers.Mis Quarterly,39(2), pp.497-518.