ISYS 3001 American University Emerging Trends and Technologies Of Company Discussion

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Business Finance

ISYS 3001

AMERICAN UNIVERSITY OF SCIENCE AND TECHNOOGY

ISYS

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Discussion: Evaluating Emerging Trends and Technologies for a Company

Through this week’s Learning Resources, you were introduced to the concept of emerging trends and technologies. With the rapid growth and expansion of these new technologies, it can be difficult to sort through them and identify ones that are of high quality. For a business, it is important not only to identify such new technologies and innovations but also to analyze their appropriateness and the value they could add to an organization.

For this Discussion, you will examine an emerging trend or technology and determine the potential value that it has for being incorporated into your company.

To prepare for this Discussion:

  • Review this week’s Learning Resources.
  • Review the Academic Writing Expectations for 2000/3000-Level Courses, provided in this week’s Learning Resources.

Post a 300-350 word (2- to 3-paragraph) description of how you would go about assessing whether or not the adoption of an emerging trend or technology would add value to your company if you were the CEO. In your description, do the following:

  • Identify the main areas of value you would be looking to add to your business (e.g., profitability).
  • Describe the important pieces of information you would need to know, or need to take into consideration, about the emerging trend or technology in order to make a final decision.

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https://smallbusiness.chron.com/manage-emerging-technology-5265.html https://www.zdnet.com/article/5-ways-to-critically-evaluate-a-trend-or-forecast/ https://www.technologyreview.com/2016/10/13/157010/emerging-trend-analysis-what-is-digitalperformance-management/ https://visionforesightstrategy.wordpress.com/2016/04/03/trends-vs-emerging-issues-what-is-thedifference/ https://www.youtube.com/watch?reload=9&v=k69i_yAhEcQ https://www.youtube.com/watch?v=oQVYUT0OAVU https://www.youtube.com/watch?v=PQ0doKfhecQ https://chiefexecutive.net/the-key-to-successful-innovation-is-proper-implementation/ https://thethrivingsmallbusiness.com/implementing-organizational-change/ https://services.hbsp.harvard.edu/lti/links/85312-PDF-ENG https://www.forbes.com/sites/gregsatell/2013/03/07/how-to-manage-innovation-2/?sh=2acf7b744785
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Explanation & Answer

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EMERGING TRENDS AND TECHNOLOGIES

EMERGING TRENDS AND TECHNOLOGIES AND TECHNOLOGIES
Name
Institution
Instructor’s Name
Course Number
Date

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EMERGING TRENDS AND TECHNOLOGIES

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Businesses of different sizes face the need to introduce new trends or technologies
or face competitive obsolescence. Notably, meeting transformation is important for businesses
has been important for organizations over the past few years. Despite the urgency for
organizations to adopt new trends or technologies, the pace of adopting the new trends or
technological changes has been slow. Various challenges hinder organizations from adopting
these technologies which include the inability of these technologies to function well with the
existing systems, poor training as well as disgruntlement in individuals, or being habit-oriented.
As a result, organizations need to come up with ways to manage new trends and emerging
technologies and sort through them to identify those that are of high quality.
As a CEO, the technology I can adopt to add value to a company is artificial intelligence
and data. Uniquely, the main areas in the business to add value include building business models
to automate the business environment, personali...


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