Impact On Technological change
Running Head : Impact of Technological Change Technological change always has an ambiguous impact on societies Every technology that promised benefits inevitably produced negative side-effects that were often unanticipated when the technology was developed The only thing in this world that is constant is change . This is a pretty well known saying which existed as long as I can remember Looking back 50 years and more from today , I can recall how we used to tackle in class about how people have lived centuries ago Today , the upsurge of developments in technology

has an undeniable effect on how organizations function within and with other institutions For an organization , its success and failure greatly depends on how the organization was structured to work
The drive to improve peoples living pattern is still the same drive or factor which triggers international firms to globalize their operations and with that , today 's latest technology makes the company 's and consumers life easier It enable companies to reduce cost by using powerful equipment and machineries while consumers can have easier access to the newest products in the market
One of the first innovations of technology was the mainframe system and it was during the 1960 's that computers and such started to impart in organizations and firms . The classic ways of hierarchal management systems started to disintegrate during these times . Through technological change , globalizing the operations of an international company could put up a plantation where they can reduce their labor cost . Not denying the fact that different people from different countries have different tastes , international companies could also personalize their products according to the consumers or markets preferences without eliminating their standards and trademark . Before information control was basically handled by those in managerial positions in a linear manner according to rank . With these systems of technology , information was handled as such that company transparency is relatively existent for those who can get hold of certain information
The onslaught of developments in technology has triggered organizational structure alterations . These changes can be illustrated by considering two key variables : the location of information and the location of decision rights in the organization (Brynjolfsson E . and H Mendelsson
With the innovative technological systems today , important information can now possibly be available to all employees or workers in an organization at all level . Before , information handling and privilege was limited to the persons that directly handle them . Now , the responsibility of handling information is left to information technologists or technicians . The technicians then put data or information into databases which are accessible to all components of the organization For example , an organization can have a website , regularly maintained and updated by professional information technologists . Here employees , managers and customers alike , can log on to the website and access whatever information they needed . Furthermore , having websites is also a great advantage since helpful feedbacks are easier to get from both customers and employees
The growing need for technology innovations paves way to strengthening certain industries in a corporate...
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