Emerging Technology in Business Free Essay Example, 2000 words

Planning is of utmost importance for a business that plans for alignment. It ensures that before undertaking any activity, the proper analysis is done to ensure that strengths, opportunities weaknesses and threats to a successful alignment project are identified in the beginning. This facilitates the identification of possible stumbling blocks that could hinder success. It also helps managers to asses the possibility of a successful alignment. According to Linda McHugh, Almost every company has some sort of formal planning process whose activities can be easily modified to enhance alignment and create an environment conducive to ongoing collaboration . The planning phase should be flexible in order to allow fine tuning of ideas to improve on the original idea. Rigidity in the planning process in most cases will lead to a project that does not accommodate the changing needs of consumers and technology advancement. It may eventually lead to alignment with obsolete technology. It is im portant for managers in the planning process to conduct the investigation into the possible impact of alignment. Those who have a role to play in the business, employees and consumers of the product together with suppliers of raw materials need to be considered in the planning process. We will write a custom essay sample on Emerging Technology in Business or any topic specifically for you Only $17.96 $11.86/pageorder now It is important to consider the attitude of the employees towards alignment. If alignment creates a more conducive environment for them to work, then it might be perceived that alignment will bring positive changes in the business. However, if it tends to create unfavorable conditions for employees, it might not serve the purpose. With this knowledge acquired in the planning process, the managers will have an opportunity to make the necessary amendment in order to suite the business to achieve the desired output. Managers also need to explore the acceptability of the product to the destined consumers. In any business enterprise, the commodity to be produced for the market highly depends on consumer preferences.