Usage of 3D Printing in Technology Essay Example

to be launched in space. However, before this can happen, detailed models are required. Therefore, the company can produce these models. Another area where the company can focus its research and production is the medical care sector. There is a need for models in this sector as well. For instance, prototypes for people who have undergone artificial parts transplants can be manufactured using 3D printing. This method can also be used to study and solve cases of blindness. Thus, I would recommend the company to venture into this sector.

The architecture sector, also known as building and construction, has not experienced significant changes but there is still potential for success. This sector is thriving due to the fact that a lot of planning is required prior to constructing buildings. Thanks to 3D printing, developers, planners, and architects can easily showcase their ideas to customers. They can create models of the proposed developments or ones that have been explained by their clients before starting the actual construction.

Therefore, it is crucial for Frangella to further explore this venture. I view 3D printing as a groundbreaking technology that streamlines human labor. Nevertheless, it encounters the obstacle of achieving sustained investments from clients due to their lack of complete faith in the technology. Therefore, proto3000 should improve their products and upgrades before unveiling them to the public. By doing so, they would foster trust among consumers and entice customers with their innovative solutions. From my standpoint, this technology should not solely be utilized for creating product prototypes but also for directly manufacturing the final products.

In order to expand its customer base, the company should not limit itself to architectural

model creation. It should also venture into actual house construction within the architectural sector. This will appeal to customers who are interested in this technology. Furthermore, there is a lack of familiarity with this advanced technology among many individuals, making it difficult to find professionals in this field. To overcome this challenge, the company should invest in comprehensive training programs for its workers in this sector.

Taking Proto3000 to the next level of success would involve amplifying efforts in product advertisement. A VUCA environment, which stands for volatility, uncertainty, complexity, and ambiguity, presents challenges such as the potential impact of natural disasters on company success and uncertainties surrounding the functionality of various upgrades.

The challenge of volatility can be addressed by using the product life management method, which measures product innovation and enables companies to overcome this challenge. Additionally, digitalization can help companies keep up with evolving consumer tastes. Managing internal systems effectively can also address the volatility that arises from a lack of predictions. The complexity in a company often stems from the challenge posed by traditional leadership approaches.

In managing modern technology businesses, the usefulness of leadership has diminished, resulting in increased complexity. In today's economic environment, companies are grappling with complexity, making product life management challenging. To remain competitive, companies must rely on innovation and adaptation. However, there is certain information or data that Proto3000 cannot obtain, leaving them with the choice of predicting some aspects. For instance, they can make predictions about future plans and market performance based on anticipated performance.

Furthermore, variations in performance can occur when a company operates in different areas, resulting in diverse outcomes. It is crucial to acknowledge ambiguity as

a defining trait. For instance, the dynamics between Proto3000 and a specific company or industry such as aerospace may evolve. This evolution could involve decisions to explore alternative or emerging markets. To effectively manage ambiguity, it is imperative to comprehend and assess these discoveries.

In the face of uncertainty, it is important to consider the environment. While information may be lacking, the consequences of certain actions should be understood. One potential outcome is the emergence of another competitor in the same industry. Therefore, Proto3000 should continue to prioritize the enhancement of their technologies and products.

In summary, we have examined the various environments and ventures that Proto3000 should consider exploring. We have also provided the company with valuable advice and insights regarding the challenges it must address to remain competitive and avoid falling behind in the future.