Phoenix MGT 526 Signature Assignment: Organization Presentation

Demographics & Technology

Shawn Cyr

MGT 526

19 October 2020

Mr. Romano

Companies are constantly looking for ways to generate more profits and revenue. Demographics and technology are key aspects to achieving that. Organization’s demographics allows companies to make workforce analysis. Organization’s demographics also allow entities to make decisions based on the available labor pool. Technology, on the other hand, improves effectiveness and protect companies against attacks. Technology also helps enhance communication and increases employee engagement. It is, therefore, important for organizations to consider demographics and technology for their overall business strategies.

Demographics

Northrop Grumman has more than 90,000 workers. The employees come from different demographic backgrounds. The entity has approximately 25% female and 75% male professional employees. The company also has approximately 85% male and 15% female technician employees. (Northrop Grumman, 2018). When we look at the company’s professional employees in terms of ethnic groups, Northrop Grumman has approximately 67% white, 7% Black American, 8% Hispanic, and 13% Asian. Other ethnic groups constitute around 4%. In terms of technician workers, the company has 63% white, 8% Black American, 15% Hispanic, and 10% Asian. Other groups constitute 4%. The company is committed to attaining and sustaining a diverse and inclusive workforce by upholding an environment of equal opportunities through proactive measures. By being inclusive and diverse, Northrop Grumman is able to generate an engaged labor force.

One recent change in the company relates to operation alignment. Last year, Northrop Grumman announced its plans to change its operating sectors. The purpose of the change was to allow the company take total advantage of its wide portfolio by aligning units that have shared technologies, customers, and markets to rapidly recognize and deliver the products, services, and technologies that the customers need (Northrop Grumman, 2019). The new operating sectors are aeronautic systems, mission systems, defense system, and aeronautic systems.

The company handled the change effectively and properly. The change process was guided by the company’s values. These values are what the company stands for. They guide the company and give members a sense of direction. They also drive the entity and help everybody in the organization reach the goals and objectives the company has set.

Northrop Grumman also handled the change ethically. Doing the right thing is the foundation of the company’s business culture. The reputation that the entity has gained for high ethical and legal standards is among its vital assets. The entity’s goal and objective have never been to exclusively to abide by the rules and regulations but to comply to the highest principles of concern for other people and integrity. This was clearly demonstrated in the change process and I will like to emulate it in my future business ventures. I believe by doing this, I will be able to build and strengthen customer loyalty, attract talented workers, and avoid legal issues.

Technology

In today’s world, while every company have readily adopted technology, Northrop Grumman has not been left behind. Over the periods, the company has been equipping itself with the latest technology and has been advancing at a wide scale. Northrop Grumman has used technology to develop some of its vital systems such as X-47B. The company has also used technology to develop its aircrafts such as SpaceShipOne. The use of technology has enabled the company to operate well within the industry and currently it is among the biggest entities in the world.

The types of technology that Northrop Grumman uses include artificial intelligence, robotics, and machine learning. As the world changes, the development of these technologies will become more and more important for the company and the defense industry at large. Northrop Grumman is making efforts to explore unique and new innovations (Rattigan, 2020). The company is looking for start-up companies as they believe that these firms will come up with extraordinary innovations that might bring technological breakthrough to the industry.

A change in technology can bring about opportunities and advantages for Northrop Grumman. New technology can allow the company to create new systems, hence creating a whole new market for the company. New technology can also result in an enhancement in processes. Enhancements in processes can help in improving efficiency and reducing costs for the company.

Conclusion

It is important for organizations to consider demographics and technology for their business strategies. Northrop Grumman is made up of employees from different demographic backgrounds. The company’s workforce is made of both male and female from different ethnic groups. By doing this, Northrop Grumman is generating an inclusive, diverse, and engaged workforce. The company is also utilizing technologies in its practices. Over the periods, the company has been equipping itself with the latest technology and has been advancing at a wide scale. A change in technology can bring about opportunities and advantages for the company.

References