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Technology as a tool of transformation.

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Contents Part 1 1. Introduction 2. Business ethics 3. Technology as a tool of transformation 4. Redundancy 5. Downsizing 6. Exporting jobs to overseas 7. Conclusion Part 2 Introduction The technological factors are the vital role for competitive, and are major drive of change and efficiency. Advancement in technology changing the way of business it operates more over it lower barriers to entry, reduce minimum efficient production and influence outsourcing decisions. Advancement in technologies such as transportation and communications has enabled companies to expand their business into world wide markets. Organisations use more advanced technologies and export part of their production faces higher degree of competition. Increasing competition, globalisation and drive for the market have led organisation to implement different approaches to achieve productivity gains and reduce costs. New technological developments in terms of both production systems and organisation infrastructure are the tools to implement such changes. Such changes will affect the nature of employment patterns and create issues in the area of downsizing, redundancies, job security and jobs exporting to overseas. Business ethics During the eighteen century numerous people involved in manually harvesting the textile cotton. After the invention of 'cotton gin' a machine, many people lost their jobs. But that was a revolution in industrial sector. ...read more.


The major reason behind this strategy was to secure export order by joint ventures and licensed overseas production for gaining influence in the global markets. Due to this transformation around 3700 employees had to lose their jobs where the actual dismissal was rare and the reduction met by redeployment, early retirement and voluntary retirement schemes. Organisation must adopt and change in response to general environment around them in order to survive and thrive in the dynamic environment. A country's general environment is affected by economic, cultural, technological and political forces. So the organisation has to be sensitive to these forces. According to Alan Griffiths, 1996 in order to meet the complex demands organisations have the possibilities to redesign it's functional structure, product structure or geographic structure. Moreover if the organisation becomes too large and very complex, management will not be able to control the organisation effectively company may create Strategic Business Units, each with its own operations. Alan Griffiths states in order to solve specific tasks for example launching a new product which needs different skills of various numbers of organisation called taskforces. And another way is to externalise production which involves moving its responsibility and function to outside companies. Whichever the way the organisations decide to restructure its operation involves internal change affects employment and work habits. ...read more.


For him this means free competition, with out deception and fraud. Here he meant moral responsibility as a rule of the game. But there are some Moral responsibilities in the business which are duty to the people in the business such as managers to workers, duties to their customers and suppliers, duties to environment and society and duty to the group which owes the business. As concluded in David Farnham, 1999 major issue facing by organisations are expectation of stakeholders. And he adds customer expects effective supply of goods and service, creditors and suppliers want timely payment, community wants jobs and safe environment and government want employment for its people and to fulfil laws and taxation rules. In some cases organisations can't full fill the above expectations when technology drives the changes in organisation. The history of technological innovation over the past years tells us that new does not destroy the old, rather it transform it. Technological change is benefit to every one. Problems occur only because the changing process is poorly managed. According to Wood Hall,(1996) "the worst thing government can do is try to slow down the process of transformation through regulation or protectio0nism. It may save some people from pain. But they will depress living standards and employment growth fro the country as whole" (David Needle, 2000; pg: 86). 0 ...read more.

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