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Executive Summary
There is no denying how technology is fast becoming indispensable in the business strategy where many successful organizations rely on technology for sustaining competitiveness in the market place. Technology has enabled internal and eternal integration thus creating value in the organization where it may lower labor costs and increase higher profits.
Technology should not be regarded as an obstacle or barrier; instead, it is a tool for progress that would lead to higher value for the organization. Globalization and the borderless world have created more challenges where technology acts as a mechanism to enhance quality performance.
Likewise in Genting Sanyen Industrial Paper Sdn Bhd, the evolution of technology, among others, has helped lower production costs, prevent environmental pollution and introduce health and safety issues that would make that organization sustainable. Every organization has its own need for new technology in the creation of products and services therefore the various tools of technology used in Genting Sanyen Industrial Paper Sdn Bhd has created positive and negative impact to the organization.
However, Genting Sanyen Industrial Paper Sdn Bhd has crafted and executed strategies as the need to see beyond technology is critical. It involves the “know-how” in people, sharing information and knowledge that would increase human capital as well as sustaining long-term needs and the well-being of the organization.
Overview of the organization
1.0 INTRODUCTION
Genting Sanyen is a subsidiary of the Genting group companies. Genting Group of Companies was established by Tan Sri Lim Goh Tong in 1965 for the development of th ...