Seriously considered as means of communication

Assignment Help Operation Management
Reference no: EM132241395

Structure of the answer

- Introduction

- Body of the assignment

- Conclusions and recommendations - Draw your own conclusion and opinion on the topic.

References/Bibliography

Context

I’m often asked what is ‘the next big thing’ or to predict changes in e-commerce over the next 5 years. The truth is no one can predict the future, there are lots of examples of companies that have misunderstood the market for products.

‘This “telephone” has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us.’ Western Union internal memo, 1876

‘Who the hell wants to hear actors talk?’ H. M. Warner, Warner Brothers, 1927

‘I think there is a world market for maybe five computers.’ Thomas Watson, chairman of IBM, 1943

‘There is no reason for any individual to have a computer in their home’. Ken Olson (President of Digital Equipment Corporation) at the Convention of the World Future Society in Boston in 1977

I personally believe the best that organizations can do is to analyse the current situation and respond rapidly where appropriate. This is encapsulated by the quote by the Canadian sciencefiction writer William Gibson, who said: ‘The future is here. It’s just not widely distributed yet.’

A slightly different, and more forward-looking, perspective came from Bruce Toganizzi, who founded the Human Interface Team at Apple and developed the company’s first interface guidelines (E-consultancy, 2007):

‘Successful technology-predicting is based on detecting discontinuities and predicting the trends that will flow from them.’

You recently started a job as an e-commerce manager for a resort. How will you monitor and respond to technological innovation? Discuss. Minimum – 800 words

Reference no: EM132241395

Questions Cloud

Pre-requisite to achieve operational-strategic excellence : With the advent of science and technology, technological innovations have become a pre-requisite to achieve operational and strategic excellence.
Automobile component parts manufacturer : You are the expatriate general manager of a British company’s subsidiary in Brazil, an automobile component parts manufacturer.
Explain the three key legislative acts affecting consumers : Explain the three key legislative acts affecting consumers. essay style.
Firms that follow each of four generic strategies : Pick an industry e.g. fast food, fast casual, retail, auto, watch, etc. Identify at least 2 firms that follow each of four generic strategies
Seriously considered as means of communication : ‘This “telephone” has too many shortcomings to be seriously considered as a means of communication.
Focused low-cost strategy : What are two ways a company cab translates its low-cost advantage over rivals into attractive profit performance? A focused low-cost strategy
Why international human resources is important : Why International Human Resources is important?
Who are the major competitors to nike : Who are the major competitors to Nike? How does Nike attempt to differentiate itself from the competition?
Define vertical integration : Define vertical integration. Why is vertical integration commonly used in the firm's core business?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd