Contents
Technology Solutions
The environment in which the company operates in currently has the opportunities that can be exploited to adapt to the use of modern forms of technology. The goal is not just to have the best forms of technology, but also settle on the ones that offer the greatest rewards possible without having a negative impact on the company budget. In an effort to help determine what areas are the most important to the company a decision matrix has been created that lists the seven technology requirements being sought out. With the aid of this matrix and much deliberation, it has been determined that social computing; and wireless, mobile computing, and mobile commerce technologies will aid our business the most. Therefore, the company is set to begin purchasing the needed equipment and recruit the proper installation crews to begin implementing these forms of technology.
Technology One
The first progressive technology I am going to recommend is wireless, mobile computing, and mobile commerce. Wireless technology is technology that is capable of being used no matter where you are. This type of technology enables not only those of us who operate the business daily to work from any location, but it also allows our customers to access and use our website with ease from any device they may be using. This is something we have not had before coming from a brick-and-mortar establishment, and having limited or outdated technology has also been a problem. In having a mobile computing capable platform, we can better perform our jobs and run the business to its full potential. Even if we must work from home we can still handle the things we need to in order to do our jobs efficiently. Comparing the two technologies this one had the highest-ranking score, and therefore I would like to implement it first. By placing this technology into our business, we will can provide our customers with an online shopping experience that they have never had before with our business.
Also, we will be better equipped to manage our inventory efficiently and provide excellent services like shipping and returns at more satisfactory terms for our customers. Our customers will have total control of their purchases from start to finish, and we can even allow them to track their packages so they know exactly when it will arrive at their homes. With the use of mobile devices becoming more and more common we must institute functions that will accommodate such use. “With the rapid growth of wireless networks and smartphone, consumers have paid more attention to mobile commerce.” (Li, & Du, 2019). As our world continues to evolve, so to must the ways we do business, and that includes putting our presence out there in the mobile world.
Technology Two
The second technology to accommodate the first that we will be implement into our business is social computing. Social computing is defined as the interaction and collaboration between computer users. Social computing is quite frankly the future of the shopping industry. Thousands of consumers often rely on the opinions and feedback on items those they know buy and share about using social media to determine if they are willing to purchase an item or service. These consumers include those who use social media sites such as Facebook, and Snapchat. The interaction between individuals within these sites when they talk about products and services they have had dealings with helps to create more sales, thus can put our business accessible to users within these social media sites gives us a competitive edge in our industry. Social computing can create a huge gain our presence and sales with numerous consumers.
A good example of just how well this can help is Amazon. Amazon had a return investment of 17% in just five years after implementing social computing into their business. (Rigby, 2014). This is proof that great things can come from using this technology. Often individuals feel it is too much of a chore to go to the physical stores to shop, and thus the world of online shopping becomes more and more widely used. Another great example of why social computing is so important is it helps to keep a steady availability of good workers. The very tech savvy generation of today is so much more enabled to work with various forms of technology, and with having a technological platform that integrates social computing we can be better equipped to attain and keep valuable employees. These people expect high interpersonal connectivity and create solutions to problems from fragments of interaction (Howard, 2008). This can really help us to be much better at tackling our everyday problems and customer related issues in a much faster more efficient manner.
However, social computing does have limits, and we have to be aware of those as well. For example, social computing does not take into account the managing process of our business. This is where our other technology will take the load and help us manage everything properly. Social computing will allow us to create and maintain a better relationship with our customers and enable us to learn what items they like or want to buy. Such factors can play a huge part with the development and launching of new products. It can better aid us on which customers to target with information on such items as well.
RecommendationsWireless, mobile computing, and mobile commerce is better suited for the company in that, it creates more exposure for the company and its products. Since wireless technology is not limited by physical barriers, the company can reach people from different geographic regions and present its products and services. It is however recommended that the company engage in activities that will make it easier to make its products and services easily available to customers’ in different locations. One approach would be to invest in good supply chain management which will ensure that customers can get the company products and services regardless of where they make the order from.
Technology Solution
Choosing a technology that can fulfill most if not all our companies requirements has been a very hard task, but I feel that my research has shown just what we need. Wireless, mobile computing, and mobile commerce is the best solution for the company because it creates a platform that makes it easy to not only engage with customers and employees but also helps the company to get constructive feedback. Through wireless technology, customers are able to engage with one another and discuss about the company’s products and services and how they impacted their shopping experience (Rigby, 2014). Employees on the other hand can use the same technology to communicate among themselves and also reach top management. Through wireless technology, a company becomes more engaging with its people and the relationship created makes it easier to identify areas that cause problems and also identify opportunities that can be exploited (Rigby, 2014). Such exposure is ideal for the company in that it makes it easier to resolve conflicts before they cause any permanent damage because customers and employees have the means to reach the relevant people within the company.
Other than assisting in conflict resolution, wireless, mobile computing, and mobile commerce makes it easier to reach the target audience and inform them about new products and services in the market. Since the company operates in a world dominated by technology, adopting wireless technology will help create better lines of communication that can be utilized to the benefit of the company (Rigby, 2014). The technology can be used to market new products, inform customers about changes in old products and also encourage the target audience to choose the company’s products over others in the market.
Overall Benefit
The overall benefit for introducing wireless, mobile computing, and mobile commerce in the company is seen through the exposure it creates for the company. Since technology is intended to help make life easier, it has been incorporated into most aspects of people’s daily activities. The use of wireless technology will therefore increase the number of people that the company is able to reach especially due to the introduction of features such as social media (Howard, 2008). The company will not only have better access to its target audience, it will also have a tailored tool to best meet their needs. Social media will enable the company to engage with customers, find out what opinions they have of the company and this information can be used to determine the best approach to take and achieve the most desired results. There is also the benefit of improved communication within the company (Howard, 2008). Interdepartmental and one on one communication will be enhanced by the technology and this will greatly enhance the quality of work done. The technology will provide employees with the tools needed to not only get the message but also discuss it among colleagues such that each individual knows what is expected when performing their duties. Having employees on the same page will enhance efficiency and improve the quality of production.
A move online will also position the company for future growth especially through the reach created by wireless, mobile computing, and mobile commerce. The technology will enable the company to reach customers across different geographic regions as it is not limited by physical barriers (Rigby, 2014). Customers from different parts of the world can access the company website or social media page and request its products or services. Rather than being limited to only customers that visit the business premises, the company will be able to offer its products and services online and have them delivered to the customers’ doorstep and this will further promote growth.
References
Small Business Technology, Data and Cloud Solutions: SAP SME. (n.d.). Retrieved from: https://www.sap.com/products/sme-business-software/technology- platforms.html#overview
What is Social Computing (SoC)? - Definition from Techopedia. (n.d.). Retrieved from: https://www.techopedia.com/definition/13852/social-computing-soc
Howard, C. (2008, April 11). Why social computing is good for your business. Retrieved from: https://www.computerworld.com/article/2536454/why-social-computing-is-good-for- your-business.html
Rigby, D. K. (2014, October 08). The Future of Shopping. Retrieved from: https://hbr.org/2011/12/the-future-of-shopping
Li, H., & Du, S. (2019, March 15). The Knowledge Mapping of Mobile Commerce Research: A Visual Analysis Based on I-Model. Retrieved from: https://www.mdpi.com/2071- 1050/11/6/1580/htm
Table 1
Decision Matrix
Technological Requirement 4: Facilitate collaboration internally and externally (with staff and customers) |
Technological Requirement 5: Manage customer contacts |
Technological Requirement 6: Provide reporting |
Technological Requirement 7: Manage the current brick-and-mortar processes (sales, payments, inventory, and customer contact) |
Overall benefits of this technology to the company |
|
Yes |
Yes |
Yes |
This allows the information the business to be more capable of organizing the data that flows in. It will also Make things easier to keep up with the inventory, as well as being more capable to handle oncoming orders efficiently. |
Yes |
Yes |
Yes |
|
The entire available products and services will be available to anyone who would like to view and purchase them. This gives the customer base a much more diverse range to choose from than what they could possibly find in a physical store. Customers can also have a much easier shopping experience from start until it arrives at their door. |
Yes |
|
|
|
This will allow for a much broader range of getting our products and services out there to the public. Consumers will display and talk about our products with anyone on their social feeds, which will in turn generate more customers. |
Yes |
Yes |
Yes |
Yes |
Cloud computing will allow for mangers to track the business information from anywhere they may be. We can track all our in and outflowing data from multiple locations, and cloud computing will allow for much more file and data storage than just your average system can handle. |
|
Yes |
Yes |
Yes |
This will be very useful in helping us to easily and efficiently analyze our data, and be more professional in producing reports for management. It will also play a big role in helping to keep track of our stock levels, and when we need to replenish or replace items. |
|
Yes |
Yes |
Yes |
Having an intelligent system will make running the business that much easier. This type of system can help with keeping our reports properly managed, keep up with our customer contacts, and compile data tracking customer reports on our products. |