Thursday, March 11, 2010
Today information technology involves more than just computer literacy; it also takes into account how computers work and how these computers can further be used not just for information processing but also for communications and problem solving tasks as well. Information has emerged as an agent of integration and the enabler of new competitiveness for today’s enterprise in the global marketplace. It has been widely used in many business operations since it would play a very crucial part in the development of the business. Competition is there and with that, organizations find some strategies that will help building the name of the company and achieve a competitive advantage as technology is concern. The trend of technology nowadays is fast changing. It would be better if organizations will adapt into these changes and eventually embrace the new technology offered for the businesses to progress. Since business and IT works hand on hand, there relationship will provide a great means in achieving the goals set in for the organization. The business will not just bloom by itself but also those people using the technology as a resource.
Business varies in character, as in being simpler or more complex. The varying complexity entails that the parties need different amounts of information from each other. Thus, it also inflicts on the possibilities and outcome of how information technology can be employed as well as how it impacts on business.
Information technology has certain distinguishing characteristics in a business setting, mainly as it provides the ability to increase efficiency due to the reduction of time needed to get information, the facilitation of rapid response and reaction, and the ability to handle both simple and complex content.
For companies involved in business of higher complexity, information technology can provide many solutions that can be used to enhance the flow or management of data and information. It can be anything from making orders on email to systems for order-delivery-payment or product development through shared databases.
Before an organization achieves the direction they wanted for their business, it all started with setting up some plans. That exist a business plan. A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals. Setting up goals really takes the companies go up high. Being globally competitive is just one of those goals they set in. But thinking of the current status of business companies over the world, it’s clear that technology advancement plays a big part in their success. There exists a relationship between businesses into information systems. It involves planning as it was the first step. Since business plan is about the goals of the organization and it may be internally or externally focused. Externally focused plans target goals that are important to external stakeholders, particularly financial stakeholders. They typically have detailed information about the organization or team attempting to reach the goals while internally focused business plans target intermediate goals required to reach the external goals. They may cover the development of a new product, a new service, a new IT system, a restructuring of finance, the refurbishing of a factory or a restructuring of the organization. It was mentioned of having a new IT system. So what would be the role of IT as information systems are being used? What is Information System Plan? Information System brings life to the overall operation of the business. Organisations typically develop rolling business plans, they are constructed by taking into account the current business, the external influences on the business (e.g. the economy, government policy and technological advances), and the aims and objectives of the most senior levels of management. The strategic business plan describes how the organisation will strive to move from the current business to the target business.Information Systems support is necessary to achieve the strategic business plan, so the business plan feeds into a Strategic Information Systems Plan (SISP), which describes how the current IT systems are intended to evolve into the target IT systems. A 'big bang' approach is infeasible, therefore a project based approach is used. The output of the SISP is a series of development projects which will either involve modifying existing systems or developing new systems which are likelty to have to interface or integrate with exisiting systems. Information systems were developed simply to improve the efficiency of specific business functions. More recently information systems have been viewed as tools for obtaining competitive advantage. :lol!:
Reference:
http://www.comp.glam.ac.uk/pages/staff/tdhutchings/chapter1.html
Business varies in character, as in being simpler or more complex. The varying complexity entails that the parties need different amounts of information from each other. Thus, it also inflicts on the possibilities and outcome of how information technology can be employed as well as how it impacts on business.
Information technology has certain distinguishing characteristics in a business setting, mainly as it provides the ability to increase efficiency due to the reduction of time needed to get information, the facilitation of rapid response and reaction, and the ability to handle both simple and complex content.
For companies involved in business of higher complexity, information technology can provide many solutions that can be used to enhance the flow or management of data and information. It can be anything from making orders on email to systems for order-delivery-payment or product development through shared databases.
Before an organization achieves the direction they wanted for their business, it all started with setting up some plans. That exist a business plan. A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals. Setting up goals really takes the companies go up high. Being globally competitive is just one of those goals they set in. But thinking of the current status of business companies over the world, it’s clear that technology advancement plays a big part in their success. There exists a relationship between businesses into information systems. It involves planning as it was the first step. Since business plan is about the goals of the organization and it may be internally or externally focused. Externally focused plans target goals that are important to external stakeholders, particularly financial stakeholders. They typically have detailed information about the organization or team attempting to reach the goals while internally focused business plans target intermediate goals required to reach the external goals. They may cover the development of a new product, a new service, a new IT system, a restructuring of finance, the refurbishing of a factory or a restructuring of the organization. It was mentioned of having a new IT system. So what would be the role of IT as information systems are being used? What is Information System Plan? Information System brings life to the overall operation of the business. Organisations typically develop rolling business plans, they are constructed by taking into account the current business, the external influences on the business (e.g. the economy, government policy and technological advances), and the aims and objectives of the most senior levels of management. The strategic business plan describes how the organisation will strive to move from the current business to the target business.Information Systems support is necessary to achieve the strategic business plan, so the business plan feeds into a Strategic Information Systems Plan (SISP), which describes how the current IT systems are intended to evolve into the target IT systems. A 'big bang' approach is infeasible, therefore a project based approach is used. The output of the SISP is a series of development projects which will either involve modifying existing systems or developing new systems which are likelty to have to interface or integrate with exisiting systems. Information systems were developed simply to improve the efficiency of specific business functions. More recently information systems have been viewed as tools for obtaining competitive advantage. :lol!:
Reference:
http://www.comp.glam.ac.uk/pages/staff/tdhutchings/chapter1.html
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