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Agenda: Business Process for a Long Term Period

In: Business and Management

Submitted By anirudh207
Words 1573
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Executive summary:
Introduction and project background:
TITLE: STARLYTE SOLUTIONS
Agenda: Business process for a long term period
Purpose of business: the purpose of implementing of new wearable technology in the present ongoing system * To create a concrete figure of our business in the market, updating the business with the new wearable technology will help it growing in long term run. * Using the information system technique can organize the work more simple and reliable to use. * The use of wearable technology with help in combining the solution for the problem in an organization of various factors.
According to the research on various terms the productivity of variable things are to be made available. New technology play vital role in saving the time and money of an organization substantially carrying various task together.
The age of quantified self has started with wearable technologies such as Jawbones, Fit bits etc. Many companies are using wearable technologies to keep track of their staff, improve their collaboration and efficiency. However, introducing such technology to a complex and sensitive system such as payroll management can put forward many challenges to the management and the organisation.
Business Challenges with introducing new wearable technology to manage payroll information:
Achieving Integrity and trust with employees:
The biggest challenge in implementing wearable technology on the employees to manage payroll information is integrity. Everyone in the organisation would be struggling to be more successful and to make more profits to the business. If the new technology features give any implications that the management is being overly watchful on its employees, it will result in an infectious environment with opacity and untrustworthiness between the management and employees. This break of trust should be avoided at…...

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