What Role Does Technology Play in Management Strategies?
Technology plays a significant role in modern management strategies. It aids in:
1. Data Analytics: Provides insights that inform strategic decisions. 2. Automation: Streamlines processes and improves efficiency. 3. Communication Tools: Enhances collaboration and information sharing. 4. Performance Tracking: Enables real-time monitoring and reporting of key performance indicators (KPIs). 5. Innovation: Facilitates the development and implementation of innovative solutions.