MGTCB/526: Managing In A Changing Environment Competency 3

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Reflection

Name

Affiliation

Course

Professor

Date

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When answering to the following questions, keep in mind the factors at play in the global

environment as well as your own professional experience: What are some of the consequences of

demographic pressures for the industry in which you now work or want to work?

The benefits and drawbacks of technological development are discussed in detail below.

How can information technology be used to bring about positive changes in the workplace?

Which industry do you now work in or hope to work in?

When you consider the forces at play in the global climate, what do you think a fraction of the

consequences could be?

What might the implications of section powers be for the industry in which you work? – If we take

a look at the IT/ITES sector, or any other industry for that matter, we will find that socioeconomics

plays an important role in defining the industry.

a handbook for those in the business For example, the age of the delegates has a major influence on

the outcome.

In more ways than one, the future of employment is becoming more flexible than it has ever been.

People have never faced difficulties in the workplace in the early stages of their careers like those

they are seeing in the modern world. These problems are occurring at such a breakneck pace that it

is becoming more difficult for HR professionals to keep up with them. Nonetheless, the human

resources department must adapt to these difficulties in order to keep up with the developments

pertaining to the future of work. Technology is one of the trends that is influencing and is

anticipated to influence the future of work in a variety of ways. Because the phenomena has a large

number of agents who are also highly complicated, academics think that they will not be able to

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deal with the trends of future work in the near future (Kezar, et al. 2017). Technology is the first

component of the future of work, and human resource professionals must be properly prepared to

deal with it. Although technology is not a new concept in the field of human resources, older

digital tools are getting more sophisticated, and there are also new ones that are designed to place

more demands on HR managers. That being stated, human resource managers are left with little

choice but to embrace the reality that change is no longer an exception, but rather a new norm that

they must adhere to in their organizations.

determining how easy or difficult it will be to adapt to a new invention or ability The per capita

pay of a district will also have an effect on the general expenses of the organization, which will

have an impact on and benefit the company. Furthermore, the instructional skills of people will

have an impact on the overall asset quality in a certain location. There is a good possibility of

discovering a large number of gifted assets quickly in areas where the education percentage is high.

What are the advantages and disadvantages of implementing mechanical change? – The most

important advantage of creative transformation is that it increases personal happiness across the

organization and for all employees. Innovation is always impacting our lives on a daily basis and

plays a crucial role in bringing the globe closer together. The web, television, automobiles and

communication devices/stages, as well as clinical advantages, all rely on development to improve

accessibility, speed, and overall experience for their respective audiences. Innovation has provided

us with an ideal associated universe filled with a plethora of options to consider. The greatest

important disadvantage to creative transformation will be an excessive dependence on innovation

for each and every little or big aspect of life (Fukuda, 2020). Furthermore, rapid adaptation to new

technological advancements is a significant drawback, since the customer must constantly up-skill

himself or herself in order to utilize the new technology effectively.

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What are the chances that data innovation will result in beneficial improvements inside the

workplace? –

Information innovation may aid in the improvement of the overall efficacy of the working

environment, according to certain studies. Advanced frameworks may help with the completion of

tasks at faster rates and with more precision than previously possible. Mechanization and cycle

improvements may assist to improve the efficiency and security of the workplace.

Taking on Social Responsibility

When answering to the following questions, take into consideration your professional experience.

What, in your opinion, are the top three advantages of taking on social responsibility?

How does your company go about putting social responsibility ideas into practice? What factors

should be taken into account if they do not? The following are the main advantages of corporate

social responsibility, in my opinion: improved brand awareness, greater sales and customer loyalty,

and improved financial results (Canedo, et al. 2017).

Starbucks has long believed that its business should have a positive social effect on the

communities in which it operates.

They are there to help. Starbucks is committed to sourcing goods that are ethical and

environmentally friendly. This guarantees that consumers get high-quality goods that have been

ethically bought and that have been responsibly manufactured. Starbucks is dedicated to doing so

in a responsible manner.

decreasing one’s environmental footprint and encouraging others to do the same to assist reduce

one’s environmental footprint In addition, according to the “Starbucks Social Impact” (2021)

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website, they are interested in creating possibilities for the community by investing in pathways

that will enable people to climb up the social ladder such as education, training, and employment.

Starbucks also strives to improve the community by making its shops a gathering place for people

to talk and by boosting civic participation via volunteerism and service (Culot, et al. 2019).

References

Canedo, J. C., Graen, G., Grace, M., & Johnson, R. D. (2017). Navigating the new workplace:

Technology, millennials, and accelerating HR innovation. AIS Transactions on Human-

Computer Interaction, 9(3), 243-260.

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Culot, G., Orzes, G., & Sartor, M. (2019). Integration and scale in the context of Industry 4.0: the

evolving shapes of manufacturing value chains. IEEE Engineering Management

Review, 47(1), 45-51.

Fukuda, K. (2020). Science, technology and innovation ecosystem transformation toward society

5.0. International journal of production economics, 220, 107460.

Kezar, A. J., & Holcombe, E. M. (2017). Shared leadership in higher education. Washington, DC:

American Council on Education.