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Friday, June 28, 2013

Business driven technology.



Information technology is everywhere in business.

Information technology's impact on business operations.
  • Business function receiving the greatest benefits from information technology.


Information Technology's Role in Business :-

  • Information technology is everywhere in business.

Information Technology's Impact on Business Operations :-

  1. Organization typically operate by finctional areas or functional silos.
  2. Functional areas are interdependent.

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Information Technology Basics :-

  1. Information technology (IT) is a field concerned with the use of technology in managing and processing information.
  2. Information technology is an important enabler of business successand inovation.
  3. When beginning to learn about information technology it is important to understand - a)Data, information, and business intelligent b)IT resource
  4. Management information system (MIS) - a general name for the business function and academic discipline covering the pplication of people, technologies and procedures to solve business cultures.
  5. MIS is a business function similar to Accounting, finance, operations and human resource.
INFORMATION

  • DATA -raw facts that discribe the characteristics of an event.
  • INFORMATION -data converted into a meaningful and useful context
  • BUSINESS INTELLIGANCE -applications and technologies that are used to support decision - making efforts.
IT Cultures :-
Organizational information culture include :-
  1. Information functional culture - employees use information as a means of exercising influenceor power over others. For example, a manager in sales refuse to share information with marketing. This causes marketing to need sales manager's input each time a new sales strategy is developed.
  2. Information Inquiring Culture - Employees across departments search for information to better understand the future and align themselves with current trends and new directions.
  3. Information Discovery Culture - Employees across departments are open to new insight about crisis and radical changes and seek ways to create competitive advantages.
  4. Information Sharing Culture - Employees across departments trust each other to use informations (especially about problems and failures) to improve performance.

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