No idea Essay Example | Topics and Well Written Essays - 3000 words

No idea - Essay Example For CPS Energy, industry rivalry and threat from new entrants were critical factors to redefine business model and introduce technology and use of smartphones. It had introduced Megellan program that exploited smartphone and other technology to enhance its operational efficiency. Smartphone helped the large force in the field to remain connected with the corporate offices and site offices so that problems could be easily traced and rectified at shorter time period. It saved lot of time because photos taken from smartphones were immediately sent from site to the engineers at the office who could diagnose issues and suggest remedies. The information was then sent to the field worker who was nearest to the problem site and solve the issue. Moreover, information technology significantly contributed to streamlining various operation processes like inventory, accounts etc. and helped the company to save huge financial expenses. Lloyd construction was relatively small business enterprise which hugely benefitted by using technology like smartphones and computerization of its processes. Coordinating the 100 workers, 30 trucks and more than 400 dumpsters was gigantic task that was made easy through the use of smartphone and technology. The GPS system helped in tracing its fieldworkers and equipment. The workers were trained in using technology and the pilot run helped the company to better manage its operations located at various sites. The smartphones were equipped with e-tracing software and travel data that could show real time position of people and equipment. It considerably reduced the time wastage by field staff and increased work efficiency. It saved nearly 30% fuel cost and about 15% increase in performance which helped it to compete with its rival and new entrants in tough market conditions. I strongly believe that organizational