logo

Significant Forces Driving Changes to Project Relationships

   

Added on  2023-04-26

4 Pages772 Words250 Views
 | 
 | 
 | 
QUANTITY SURVEYING
By Name
Course
Instructor
Institution
Location
Date
Significant Forces Driving Changes to Project Relationships_1

Significant forces that are driving changes to project relationships
The digital revolution: This hit the makers of computers first thereby driving IBM into a
restricting which cost the company over 20000 jobs. the power of the computing which is ever
cheaper has then found its ways into attacking other companies as well for it has given
opportunities to the small companies to make us of the computational resources which were in
the past owned by the big companies only (Kerzner and Kerzner, 2017). The digitization process
has also enhanced the trend toward larger-scale commercialization since goods that were the past
perceived as luxurious have become too cheap that they are found at the mass market prices.
Acceleration: Each of the forces of digitization, commoditization, globalization, social
mediaization and turbulence is an issue that is strategically decisive and is central to almost
everything in an organization that is has to not only understand but also plan for (Plieninger et
al., 2016).
Globalization: Through globalization, all the countries around the word have been made into one
economic system and via social media; a significant number of the nations are now taking part in
a mediated social media too. The impact and power of social media insinuates that it is of
importance to each company to have an understanding of the current as well as the future
implications of the worldwide trends regarding operations (Kerzner and Kerzner, 2017).
Social mediaization all over the society: Digital technology is gaining more significance owing
to the fact that it is being applied in more and more functions of society, life and business.
Construction manage is inconceivable today without internet and the numerous software tools
that are used in the management of construction process.
Significant Forces Driving Changes to Project Relationships_2

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Drivers and Challenges for Globalization (Part 1)
|10
|1010
|266

Innovation Management Assignment 2022
|4
|762
|17

International Labor Market in the Banking and Finance Industry
|10
|2627
|89

The Challenges of Unemployment in Australia
|11
|3605
|41

Contemporary Issues in the Hospitality Industry: Implications, Threats and Opportunities
|11
|3535
|461

(Solved) Global Business Environment
|14
|4579
|303