Examine the potential problems related to each of the components described and explain the approaches of the organization for solving the problems.

Global organisations | Business & Finance homework help

1. Technology:
The potential problems associated with technology are constantly changing due to the rapid development of new technologies, making it difficult for organizations to keep up with the latest trends and devices. Additionally, as technology becomes more complex, there is an increased risk of security breaches and data loss.

Organizations can address these issues by investing in a comprehensive IT strategy that outlines their approach to managing technology, including upgrades and security measures. Additionally, organizations should invest in staff training on how to use new technologies properly and employ the services of external cybersecurity experts for advice on best practices for protecting against data breaches.

2. Human Resources:
Potential problems related to human resources include recruiting qualified personnel, retaining talented employees and fostering an inclusive workplace environment.

Organizations can address these issues by implementing effective recruitment strategies that target diverse candidate pools, offering competitive compensation packages and benefits plans to retain talent, and creating policies that promote diversity and inclusion within the workplace. Additionally, organizations should provide regular professional development opportunities for employees so they can stay abreast of emerging trends in their industry or field of work.