IT for Management opportunities and challenges.

IT for Management opportunities and challenges.

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  WELCOME TO THE PRESENTATION
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  Presentation on IT forManagement opportunities and challenges
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  IT management isthe discipline whereby all of the information technology resources of a firm are managed in accordance with its needs and priorities. These resources may include tangible investments like computer hardware, software, data, networks and data centre facilities
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  What Is TheMain Role Of IT In Management? It refers to the process of making your technology work better for you. It relates to staff and budgeting to planning and utilizing network systems. It compress all that data we used to store in file cabinets and keep safely stored on a tiny hard drive. It saves a lot of space.
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  Organizations Information Technology Factors Environment Culture Structure Business Processes Politics Management Decisions TheRelationship between Organizations and Information Technology
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  Order to cash IntegrationLayer Customer CRM SCM OTHER SYSTEMS Leads Orders Availability Fulfillment Billing Composite Process Existing Systems
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  Supply Chain Management(SCM)  Close linkage and coordination of activities involved in buying, making, and moving a product.  Integrates supplier, manufacturer, distributor, and customer logistics time.  Reduces time, redundant effort, and inventory costs.  Network of organizations and business processes  Helps in procurement of materials, transformation of raw materials into intermediate and finished products.  Helps in distribution of the finished products to customers
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  Information from SupplyChain Management Systems helps firms  Decide when and what to produce, store, and move  Rapidly communicate orders  Track the status of orders.  Check inventory availability and monitor inventory levels
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  Customer Relationship Management(CRM)  Manages all ways used by firms to deal with existing and potential new customers  Business and technology discipline  Uses information system to coordinate entire business processes of a firm.  Provides end- to- end customer care
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  Customer Marketing Service Sales Customer RelationshipManagement (CRM)
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  Management Roles  Interpersonal:Managers act as figureheads and leaders.  Informational: Managers receive and disseminate critical information, nerve centers.  Decisional: Managers initiate activities allocate resources and negotiate conflicts.
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  Management Opportunities  Firmsface a continuing stream of IT based opportunities to achieve strategic advantages.  There are extraordinary opportunities to use information systems to achieve business value, and increase profitability.
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  Management Challenges  Somefirms face big obstacles in implementing contemporary systems.  Once an advantage is achieved, there are difficulties in sustaining the advantage.  Organizations often cannot change enough to accommodate new technologies.