Tuesday, May 5, 2020

Trend in Global Business & Environment-Free-Samples for Students

Question: Discuss about the Trends in the Global Business Environment. Answer: Introduction This summary focuses on Beyond Automation, a study done by the Oxford University on advancing the automation. This will attract knowledge workers to visit and see the smart machines (Boehm and Thomas 2013.) The collaborators and the partners act as the problem solving members. Machines have made the human life easier over the years. There have been three eras of automation since the 19th century. This study has also shows the importance of augmentation. Machines act as a substitution of human labor. Automation insured the increase in productivity and raise in income or earnings. The significance of this study is that it highlights on a factor, which states that smart machines, or by the method of automation help in resolving problems. Computers are one of the most developed machines which has helped in the progress and increase of productivity. Getting augmentation in work employees needs to be convinced that the combination of humans and computers are better than manual. Beyond Auto mation deals with the usage of smart technology which will change the mindset of the future. Body In this study of Beyond Automation, it conducts the advancement of automation and technology. The study talks about how human labor can be demolished with the help of automation (Stocker and Shaheen 2017). Machines and technology will change the production level of the companies. The important finding of this study states that generation of today should go beyond automation. Traditionally, a large proportion of population is still dependent on human labor. Although the motive of automation is to get rid of human labor and take a grip of the recent developments in technology. Beyond Automation identified the benefits of the human beings working with machines (Phillips 2017). It also focuses on augmentation. The theory of augmentation is to deepen the use of machines rather than diminish it. Usage of intelligent machines and other technology will make human beings do their jobs easily. It will lead to different outcomes and the positive ones. Strategies and steps were considered for th e development of new automatic technologies in the market. Employees of different professional background should love augmentation. Augmentation strategy helps every individual to perform his or her jobs without any difficulty. Naturally, this will make the enterprise enjoy success. Automation has made operations more efficient. Either a small or a large business, automation will always help the employees or workers work smoothly and efficiently deliver their work. The review identifies the latest innovation of the generation. Future role of humans clearly depends on machines (Groover 2016). However, some employees might say that they are leading the life of a robot. Working with machines cam make people feel so but they must overlook that and look at the brighter factors. When it comes to doing repetitive tasks, machines are highly useful. Therefore, smart machines are majorly used in industries. Industries do repetitive work every day. Cognitive technologies have been supporting h umans for centuries. This review also highlighted self awareness (McAfee and Brynjolfsson 2016). Machines have the ability to perform independently. Machines and computers have the power or ability to work beyond human levels of intelligence. Machines can analyze numbers, pictures and perform digital tasks. This is out of the capacity if a human being to perform all these tasks at the same time. Robotic process automation uses work flow business rules and technology to interface innumerous system like it was a human user. ATM (Automated Teller Machine) does the work of a robot. It is a popular banking technology, which has made the life of humans easy. This strategy will work in the long term for both the employers and the employees (Kelty 2014). By emphasizing augmentation, threat of automation can be diminished. Next level of encroachment involves the work that is highly augmented by software. Over the years, companies will develop solutions for programming and applications. There fore, the study of beyond automation focuses on the merits of it. It shows how automation and machines are applied in day-to-day lives. Humans and technologies will be working together in the future. Experts are modifying technologies. General The article of Beyond Automation consists of an idea that human beings should be made to work together. The ideas were linked together and were logical too. Automation was not invented on one fine day. It has been existing for three eras (MacCrory 2014). In the 19th Century, machines used to exist to take away the dirty and dangerous materials. Such industrial machines were invented to reduce manual or human labor. These special equipments can only be used in industries. This was the first era, which introduced the use of machinery in industries. The second era was known as the 20th century. Machines relieved humans from routine service transactions and clerical chores. The automated machines or equipments which were invented were used in call centers and airline kiosks. At that time, machines helped to take away the dullness of the work. Lastly, comes the third era. Third era is known as the 21st century. Machinery equipments had developed massively in the last two centuries. Theref ore, in the present century it was observed that machines takes away decisions (Dogan and Yildirim 2017). Like human beings, machines were also made smart intelligent systems. Humans completely rely on machines and they are fast. Although, machines do require the help of human beings when they are operated. This is how automation was originated. However, these ideas were put together in logical activities and they were a success as well. Economic recession to employment will reduce along with individual crisis. Smart machines have been making the lives of people easy since the 19th century (Fortunati, Esposito and Lugano 2015). The article focuses on the career strategies as to how automation is replacing many manual labors. Business Review has talked about the effects of automation in the generation and improved the quality of work at every workplace. Machines or automations on behalf of human beings also take decisions. From an augmentation view, people renegotiate their relations hip to machines and realign their contributions in different ways. Todays generation relies on technology for almost every activity they do. Automation has improved the lives of individuals. The merits of automation have convinced a large number of people in todays generation. This will also be useful, beneficial and improve the generation. However, the profitability of enterprises depends on the creativity of people (Grote, Weyer and Stanton 2014). Even if the whole process is controlled and done by machines, human beings also do some amount of work. Creativity in a work matters as it counts in the profit ratio. Employers have a tendency to consider people and machines as substitute goods. Automation means working like robots. Automated machines are equipments which does the operation and work of human beings with the consent of human beings. Now, humans are dependent on computerized software to get any kind of work done. Beyond automation deals with the scenario where there is pra ctically no existence of manual or human labor (Marsh 2017). This particular article or study of Harvard made the pros and cons of beyond automation very much evident to the writer and the reader. Discussion The discussion covers the concept of beyond motivation in the present century and generation (Bibel 2013). In an era of innovation, the focus has to be on people of the current generation who rely completely on technology and automation. Five Steps of Consideration There are five steps that are to be considered for adapting automation. Automation and technologies play a chief role in the performance of employees and workers in an organization or enterprise. The first step towards adapting automation is to step up. People who are capable of bigger jobs should grasp the concept of automation. This way employee can let the machines do the work and he can take advantage of the opportunity. Artificial intelligence is beneficial for every worker working in an enterprise. Stepping up will lead to gaining long education on automation. Knowledge workers will have access to the procedure of automation. They will also have interest in knowing the pattern and how the machines are being used. Another step for consideration is stepping aside. This means focusing on uncodifiable strengths. One should develop and respect the intelligence of the other person. Automated machineries help them to achieve things easily that can be done with the use of machines. The third step is stepping in. People who are capable of steeping in should know how to monitor and modify the work of computers. Audit reports and accounts are done with the help of the software and the computer. However, human beings are made to work on programming codes. Automated machines recognize applications and projects because they have that software. A lot of brain work is needed that cannot be codified. Step narrowly is the fourth step of consideration of beyond automation. This approach involves the benefit to those who have gained the benefit of formal education through the on job training. Human builds databases only. These databases are then connected to the automated machines to receive the desired outcome. The last step is stepping forward. It means educating the next generation about computing and other technological tools. Automated insurance solutions solve the problems of human. Human beings are in need of better systems to work with. Augmentation here means the use of something greater. In this context it states that human beings and machines are complement to each other as they work together. Benefits of Beyond Automation The most significant finding from this summary is that automation helps in the development and future of the present generation. This includes workplaces, industries, shops etc. Starting from industries to banks has developed the concept of automation. Automated machines in the banks have made the procedure of depositing and transacting easier and faster (Chui, Manyika and Miremadi 2015). This way both the employees of the bank and the customers are satisfied. Production of work at workplaces and industries has also increased. Machinery equipments have also developed over the years. Innovation on existing machineries and invention of automated machines has also been useful in almost every professional field. Automation will be highly beneficial for the present and future generation. Humans and computers working together will lead to greater production and services. This method is also cost efficient. There are plenty of merits of automation. Inventions that are beyond automation also exist for the development of the sectors. Businesses and other corporate enterprises have been benefitted with the theory or concept of human and computers working simultaneously (Heimbach, Kostyra and Hinz 2015). Automated machines have also benefitted individuals. The strategy will be helpful and beneficial in the end for both the employers and the employees. They must know how to use the smart machines while working. Manual and human labors are removed completely with the help of such concept (Onnasch 2015). Although, the concept of using automated machineries will give the feel of a robot Conclusion The strength of the research on the article of Beyond Automation is that it is a new method or invention to increase the production and development of the enterprises and of individuals. The weakness of this research states that the machines will not help to gain the profits of an enterprise. Human beings need to be creative and put effort on the assigned job. Effort of the machines will not fetch profit of the organization. Hence, both the computers and human beings working together will resolve the problems of the organization. The innovation will be beneficial for the development of the sectors. In general, this concept of beyond automation is worth the try. From the 19th centuries, machines have been acting as a savior to manual labor. In the 21st century, beyond automation has diminished the concept of manual labor completely and led to a better future. 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MacCrory, F., Westerman, G., Alhammadi, Y. and Brynjolfsson, E., 2014. Racing with and against the machine: changes in occupational skill composition in an era of rapid technological advance. Grote, G., Weyer, J. and Stanton, N.A., 2014. Beyond human-centred automationconcepts for humanmachine interaction in multi-layered networks. Heimbach, I., Kostyra, D.S. and Hinz, O., 2015. Marketing automation.Business Information Systems Engineering,57(2), pp.129-133. Kelty, C., 2014. Beyond copyright and technology: What open access can tell us about precarity, authority, innovation, and automation in the university today.Cultural Anthropology,29(2), pp.203-215. Marsh, M., 2017. Automation: Will the Fourth Industrial Revolution Lead to the Downfall of Human Labor?. Fortunati, L., Esposito, A. and Lugano, G., 2015. Introduction to the special issue Beyond industrial robotics: social robots entering public and domestic spheres. Dogan, M. and Yildirim, P., 2017. Man vs. Machine: When is Automation Inferior to Human Labor?. McAfee, A. and Brynjolfsson, E., 2016. Human Work in the Robotic Future: Policy for the Age of Automation.Foreign Aff.,95, p.139. Stocker, A. and Shaheen, S., 2017, July. Shared automated vehicles: Review of business models. InInternational Transport Forum.

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