Factors to Consider while Selecting High Technology Options

Read Complete Research Material



Phase 2 Discussion Board

Phase 2 Discussion Board

Factors to consider while selecting high technology options

There are several factors that affect the decisions of an organization regarding selecting high technology options or not. The financial attractiveness of the different high technology options are evaluated by finding out the payback period of each technology option. The net returns of each technology are required to be high in order to justify its acquisition. Besides that, the operational savings of the technologies are also required to be justified. The other most important factor that are required to be taken into consideration before the adoption of high technology options is that personnel with extremely high skills will be required to operate those technologies (Lynch, 2009). The time of staff that will be required for implementing the technology and for its support is important. If the IT staff of an organization is limited then it will not be an easy task for the organization to go for high technology options. Other staff will be required to be trained in order to understand the new high technology options selected by the organization. Besides that, if an organization selects a high technology option then it would need to implement security measures in order to make the new technology secure. Therefore, a firm cannot always go for high technology options without considering these important factors.

Importance of managing systems and processes in production and operations

Systems are a major resource of the organization. Systems have the potential to have an impact on the overall structure of the organization. Managing systems is extremely significant due to the fact that systems affect the way people communicate. It is the responsibility of the operations manager to manage the systems and processes for production and operations in an effective manner. Managing systems and processes in an ...