MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian
Apr 04, 2026 04:47
· 5:07
· English
· Whisper Turbo
· 2 غږوونکي
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Welcome to the session on Advancements in Technology and Organization.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
In this session, we will understand about the Advancements in Technology and Organization.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Advancements in Technology and Organization.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Advancements in Technology influence the structure and functioning of an organization.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
The use of technology is becoming increasingly important for companies
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
to succeed in today's fast-paced and competitive environment.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Businesses that fail to adapt this futuristic trend risk falling behind their competitors
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
with the rapid advancement of technology.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Here are some key points to consider.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
1. Increased Efficiency
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Technology allows organizations to automate tasks, streamline processes
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
and improve overall operational efficiency.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
This may lead to changes in the organizational structure
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
to accommodate the integration of technology and optimize workflow.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
2. Communication and Collaboration
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Technology enables improved communication and collaboration among employees,
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
regardless of their physical location.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Virtual teams, online platforms, and digital tools facilitate
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
real-time information sharing and collaboration,
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
potentially influencing the design of teams and departments within the organization.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
3. Flexibility and Adaptability
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Technology provides organizations with the ability to respond quickly
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
to changing market dynamics and customer pace.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
This may require the adoption of flexible organizational structures
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
that can adapt to evolving technologies and market trends.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
4. Decentralization
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Technology empowers employees to work remotely
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
and access information from anywhere, reducing the need for centralized physical offices.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Decentralized Decision Making is a new-age organizational model
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
that distributes responsibility and authority down the hierarchy.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
In this framework, the stakeholders who directly face the problem
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
are the ones who decide how to approach and solve the challenge at hand.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
5. Make your business more competitive
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
If your organization is not leveraging modern technology solutions today,
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
it has likely already fallen behind when compared to your competition.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
6. It is never too late to begin your digital transformation journey
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
which in turn will cultivate a more technology-centric and competitive business model.
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
6. People, organization and technology influence the functioning of the organization.
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
7. People and technology facilitates and influence better performance of the organization.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
It is clear from this diagram that people and technology are the two important elements
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
for the success of an organization.
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
You can see Business Strategy, Information Technology, Information System, Infrastructure and Organization Structure.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
There should be a proper alignment among these four units in any organization.
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Great four questions.
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Question number one.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
What does use of technology enable a business to do?
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
A. To reduce cost per unit.
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
B. To make more products.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
C. To get more customers.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
C. To look better at technology roadshows.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
So, the correct answer is
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Use of new technology enables a firm to reduce cost per unit.
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
If cost of production is reduced,
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
the firm can compete in the market with a competitive price.
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
It means a lower price.
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Question number two.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
A technology plan should describe how technology can be used to
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
meet specific goals cost effectively.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
C. Develop a business plan.
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
D. Increase equity capital in business.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
The correct answer is
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Technology plan should describe how technology can be used to
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
meet specific goals cost effectively.
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
In this session, we have understood about
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Speaker 2 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
advancements in technology and the organization.
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Happy learning.
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Speaker 1 (MBA_OB_unit 5_week 15_seq 5_Advancement technology_Pandian)
Thank you.
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