TREND CONVERGENCE MODEL

Trend convergence, or mega-trend, model

Trend Convergence Model

Introduction

For over two decades, the crisis and the future of production models is being the subject of fierce academic debate that includes multidisciplinary and international both the macro dimension (role of the state industrial relations system, system education, etc) and micro (strategy of the firm, management models human resources, etc) of such models (Anthony & Christensen, 2005). A trend convergence is a great, economic, social, environmental, political or technological transformation, which is time-consuming to shape. When transformed, trend convergence impacts the broad perceptions, processes and activities, both in organizations and in civilization, probably for longer durations. Trend convergence is the fundamental factor that implements trends. This paper focuses on explaining the trend convergence model in a holistic context, and applies the model on a for-profit organization.

Discussion

The context in which we live, we know that is constantly changing but not changed by merely changing year, so one needs to keep moving in the same or similar: more unstable economic climate, more frequent and grateful green shoots, growing interest and concern for sustainability and the environment, globalization and excruciating unstoppable rapid technological advancement are the contextual variables that surround us and, as always, will leave the trend convergence or mega-trends and subsequent consumer trends, a changing inheritance or initiated in previous years and more emerging or novel (Roxburgh, 2009).

Globalization is a phenomenon/process dynamic, multi-faceted and complex. It is impossible to define a clear definition of globalization, and this is due to the interdisciplinary nature of the term. There are three basic dimensions of globalization: political, economic and cultural. These measurements are supplemented by ecological, social, scientific, etc. Many economic globalization causes controversy. Attention is drawn to the risks arising from economic globalization, the most serious threat is destabilizing the world economy following the financial crisis and deepening inequalities between countries and regions. Like the general predictions or personal, or the classic and expected yearly horoscope, at the beginning of the year all want to know what lies ahead next year (Ofek & Wathieu, 2010). The model of trend convergence falls under the regime of globalization. The transition from hierarchy to network - management for many centuries resembled a pyramid (top decision-makers, at the bottom of the filler decisions). In the second half of the twentieth century, this way of management has become ineffective. Several categories of trend convergence include:

Demographic Shifts;

Changes in political conditions;

Science and Technology developments;

Economic Dynamics, and

Cultural and Social Shifts.

Overview of the scenario:

Throughout the world leading manufacturing organizations are constantly facing challenges due to the convergence between the IT environment and their manufacturing plants. In order to address and assist their trend convergence, Cisco and Rockwell Automation reviewed their main technology enablers and business factors of convergence. They contributed the finest applications/methods in order to attain successful trend convergence and the consequential benefits of the business. The trend convergence model for the manufacturing plan provides a birds-eye view of the technology, network cultural and organizational challenges faced by the manufacturing company as ...