IT, Big Data & Firm Organization Essay Example | Topics and Well Written Essays - 2500 words - 1

IT, Big Data & Firm Organization - Essay Example According to Aluya (2014, 67-71), the reinforcement of organizational changes by firms can only be achieved through the adoption of computers and big data so that an organization can attain some level of success. Organizational change is paramount for success to be realized through investment in big data as this will prevent losses. Before the introduction of computerized systems and big data, managers used to depend on intuition, their past experiences as well as personal judgment in order to make the necessary decisions. This on most cases led into wrong decisions that affected the firms negatively. Connaughton (2014, 109-129) contends that the introduction of new methods such as prediction markets, big data, A-B testing and analytics has greatly assisted in lowering the cases of personal decisions that were initially made by the managers. The general application of big data with analytics has been attached to great potential in the healthcare care. The pairing of big data with cloud based systems ensures a cost effective means of delivering healthcare cloud services. This essay focus on the evolution of the use of big data in organizations in their quest for better storage and transmission of resources materials and information. The health care industry is one of the quickly changing industry owing to the ever increasing population that is increasing the demand for better health care services. As a result, companies in the health industry have to consider the introduction of the big data analytics so as to promote quick relay of information as well be in a position to offer better services. Big Data refers to data sets that are of great sizes beyond the ability of generally used software tools which are used to incorporate, capture, curate, mange as well as processing of data within a tolerable elapsed duration. The big data is composed of movement of dozens of terabytes to many petabytes of data at any

Management Essay Example | Topics and Well Written Essays - 500 words - 34

Management - Essay Example The availability of Nike to other marketers would mean that customers can just buy them there. This presents a major problem as a myriad of literature indicate that sports shoe customer preferences is highly skewed towards those products which are visually appealing and having performance-enhancing features (Locke 2003, 52). That is to say, customers are not likely to choose an alternative over Nike just because of supplier issues but would instead seek out the product in other stores especially when the features of the shoes are very appealing (Lim and Philips 2007, 146). This would result to shifting customer loyalty resulting to losses in sales consequently harming business operations and employee compensation (Jordaan 2011, 622; Tengblad and Ohlsson 2007, 657). On the other hand, several high-profile companies such as Starbucks and Apple have also found to their dismay and cost that reputations can be profoundly affected by the environmental and social impacts of their supply networks (Gereffi et al 2005, 101). The negative effect becomes more profound considering the power of social networking to influence customer perception (Carroll and Shabana 2010, 88). Hence, discontinuing sale of Nike products would prevent any negative PR and the accompanying losses especially considering that the company has just adopted the Fair Trade principle. This chosen path can also benefit society in general as it promotes a culture of responsible business practices thru caring for how products are being sourced (Schwartz et al 2007, 506; Wells 2009, 570). However, given the possibility of customers to just seek Nike products on other stores and the strength of the brand, it would be prudent to not totally abandon the brand. Combining business with ethical practices requires a reconciliation between profitability and ethical principles the company