StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Management of information technology - Essay Example

Cite this document
Summary
Investing in Information Technology is beneficial to any organisation. A study in the insurance sector with four years of historical data revealed that firms with the most most most improvement in organisational performance (operating expense to premium income) allocated a significantly higher proportion of their non-interest operating expenses to IT (Harris & Kats 1988, 1991)
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.9% of users find it useful
Management of information technology
Read Text Preview

Extract of sample "Management of information technology"

Download file to see previous pages

The organisation at the very beginning will need to explore all avenues where electronic information systems are required to manage information better. All departments should be consulted to arrive at common consensus for the need. At various levels the thought process may come to a halt due to various factors. We shall identify and explore a few. Management Issues - An organisation need to answer the question of management of the IT resource if it proceeds with the investment. An IT resource like a supply chain management software is required to be handled by a staff of experienced IT professionals who are also aware of the core business processes of the organisation.

Failure to do so will result in incorrect reporting of information and ultimately lead to mismanagement. Organisational Issues - At an organisational level investment in IT could bring out some structural as well as financial issues. An organisation will need to consider its core business requirements, investor interests and well as financial implications while considering a potential investment in IT. Technological Issues - Technological issues if not planned for may derail an entire project at the implementation stage.

Overlooking CTQ (critical to quality) parameters can result in doing more harm than good.Let us now look at the various issues that may arise when an organisation may invest into IT.At a management level, there may well be numerous issues. Lets look at a few which might be more common.Administration - While an organisation may want the most sophisticated software available in the market, it however needs to answer management related questions before proceeding.The organisation needs to see if it has the work force capacity to handle such a shift.

Does it have the required people with necessary skill set to successfully implement and support the technologyIf not then who would manage this technologyMany technology vendors have come up with their own solution to this issue since it is the most common and is certain to arise.While most vendors would offer specialised training to an organisation's staff, few also offer to provide dedicated staff to the organisation for day to day administration of the product.Organisations also recruit IT staff to manage the acquired product if the data is sensitive.

For example an organisation would definitely would want to have an IT employee specializing in the technology in question if it is financial in nature or deals with the organisations product. If the product is unique in the market, maintaining a dedicated resource becomes all the more important.Security Issues - "Managers, consultants, IT professionals and customers believe that they have finally discovered what makes organizations work: knowledge---that invisible force that propels the most successful companies to stock market values which far exceed the visible assets of their financial balance sheet".

(Borghoff & Pareschi 1997, p.835)Since technology investment deals with data which in the hands of certain individuals translates into Knowledge, protecting it is very important.An organisation may answer the security management question by restricting access of the technology to individuals on a need to know basis. This will ensure that those

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Management of information technology Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
Management of information technology Essay Example | Topics and Well Written Essays - 3000 words. Retrieved from https://studentshare.org/miscellaneous/1527204-management-of-information-technology
(Management of Information Technology Essay Example | Topics and Well Written Essays - 3000 Words)
Management of Information Technology Essay Example | Topics and Well Written Essays - 3000 Words. https://studentshare.org/miscellaneous/1527204-management-of-information-technology.
“Management of Information Technology Essay Example | Topics and Well Written Essays - 3000 Words”, n.d. https://studentshare.org/miscellaneous/1527204-management-of-information-technology.
  • Cited: 0 times

CHECK THESE SAMPLES OF Management of information technology

Information Technology Governance

The main role of Information Corporate Governance is to establish the criteria – or else the standards – on which the management of information technology Systems has to be based.... The success of organizational plans is depended on the effectiveness of the framework in which these plans are developed; the corporate governance rules established in all firms worldwide could ensure the achievement of organizational aims but only under the terms that all… Another issue often appears during the enforcement of corporate governance rules within a specific organization is the fact that the various organizational needs are not equally The establishment of information technology Governance as regulatory framework focusing on the information technology infrastructure used in organizations worldwide has not supported the organizational needs in terms of information technology – at least not at the level expected....
5 Pages (1250 words) Essay

Information Technolgy Management in a Company

management of information technology in this company is done at three levels that include the executive level, the administrative level, and the supervisory level.... Nearly 70% of information technology staff supports new developments that will help solve issues like inaccurate budgeting costs, technical research flaws and unforeseen customer rejection of products and services (Brooke & Mills, 2003).... This will guarantee effective… Accountability and efficiency is achieved when a company uses requisite technology in the process of management (Burgess, 2002). Management of an organization involves information technology Management Task information technology Management in a Company The phenomenal changes that have changed the shape of the world are attributed to various advances in technology....
2 Pages (500 words) Essay

Information technology director security plan

If I was an information technology director, I would: Ensure the protection and management of information technology resources.... Another example is that poor management of data access control, when the authorized person loses authorization, can lead to data insecurity.... Security is not primarily a technical or technological issue but is a management issue as the incidents of lax security and bank failures due to redundancies and other management errors have increased....
1 Pages (250 words) Coursework

The Integration of Information Technology

The essay “The Integration of information technology” focuses on the integration of information technology, which is very essential in any company.... The implementation of information technology at the Sydney Opera House is very vital.... These applications will help the finance department ease the burden of manual management of financial activities.... They provide the staff facilitation to input, store and manipulate data and information....
2 Pages (500 words) Essay

Role of MIS department

This comes in the form of management of information technology.... This comes in the form of management of information technology.... This paper will review the improvement of technology management among employees, and how an organization can largely benefit from it.... The identification of issues that may lead to poor technology management may be the first step in making this improvement possible.... Talking to the employees in the department about the use of technology management can improve the attitude they have about the system....
2 Pages (500 words) Essay

Globalisation and the IT Explosion

management of information technology at the global scale is full of challenges.... Management of resources can be defined as a comprehensive approach to the collection, storage, process, maintenance and electronic information and the exchange of information between different organisations (de Brisis 141-149).... “Government policy for information resources management and its implication for provision of information services to the public and to the experts....
1 Pages (250 words) Essay

Management Information Technology

Information extraction involves searching… So as to enhance the retrieval of information, various methods have been developed which include contextual feature detection analysis, use of codes for decision making and enhancing electronic storage of medical data, data mining, management of information technology The article talks about the developments that have been made information extraction of clinicalrecords.... So as to enhance the retrieval of information, various methods have been developed which include contextual feature detection analysis, use of codes for decision making and enhancing electronic storage of medical data, data mining, automated terminology management, research and information extraction for surveillance (Meyster et al 2008)....
1 Pages (250 words) Essay

Management of Information Technology - Dott Mann Group

The paper "management of information technology - Dott Mann Group " states that in the current era of globalization amidst cutthroat competition across all industries, businesses simply cannot underestimate the capabilities of information, as doing so would be suicidal to business activities.... hellip; Key factors that characterize the inevitable power of information technology include efficiency that has seen a significant reduction in the cost of production (Reynolds, 2010, p....
9 Pages (2250 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us