BARROWMAN PRECISION ENGINEERING LIMITED (MANAGER’S REPORT) TABLE OF CONTENTS S.No Content Page# 1 Corporate View of IT 3 i. Executive Summary ii. Key Issues iii. Tools and Techniques a) IT Alignment b) IT Governance 3 4 6 6 9 2 IT Investment Appraisal i…
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ferrous forgings (e.g. pressure vessels, satellite rings, aero plane undercarriages, chemical plant etc.) is performing their activities by connecting every area of it so that the whole system works together. Currently the issue is with the performance of IT system and its coordination with the business management. Any business that is established cannot proceed or grow unless there is proper integration of the divisions that are set in order to carry business. IT system and the business are two other ways, both work in their own manner and both have different ways of solving their problems and issues. Business focuses more on goals where as IT deals with the use of appropriate software’s and hardware’s. For organization’s it is difficult to bring the IT system and the management to one platform in order to bring sustainability to the business. This can only be done when there is proper communication of information between both divisions. Being a manager I know that the dissimilarity actually breakdowns the system and due to this the alignment of the business and the IT also get disturbs. Business success comes when there is understanding between both areas because the working ways and conditions are different of business and IT. Management can all the time be informed with the IT issues by communication and the involvement of IT specialists in the board meetings. Creating value in business is impossible unless the latest trends are not followed. Because of the changing trends and environment, businesses are creating shifts in order to bring sustainability and uniqueness in the services and operations. IT is one and the best way of providing customer service, establishing convenient distribution channels, and information regarding the products and rescheduling business boundaries. Business managers should see IT as the major component and a wheel of the business. To develop any business activity it is important to give required significance to the IT system of the firm whereas, IT plays a very important role in performing the business activities. This report will present the tools and techniques and the strategies that can be used for performing and fixing up the issues that are currently faced by this company regarding the performance of IT and the cost related issued with IT infrastructure. It furthers demonstrate the solutions to such problems to adhere the further adverse effects of IT on the organization. This report also illustrates that why this enterprise failed to follow the use of IT effectively whereas today the need of IT is rapidly increasing but due to the mismanagement and improper coordination of IT and business management it is bringing difficulties for them to manage their rapid growing costs of IT. Key Issues Following are the issues that are generally faced by the company related to IT as management failed to identify the issues and couldn’t create the solutions to it The issue that management faces consistently about IT is the change over time. As IT has moved into the strange era where the needs and demands of the market change over time and this causes IT to change their strategy whereas the strategies and working processes of the management also change. So it gets difficult for both the functions to work on one platform. Another issue is that whosoever is working in IT division need to keep themselves update and should be well
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