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Benefits and limitations of strategic planning
Company-wide strategic planning
Company-wide strategic planning
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Technology is endless and in this modern era technological advancements are never-ending. The goal of Technology Management is to prepare managers to understand business, the manufacturing process, the objectives of the organization and technological fundamentals who can create a competitive edge. The three main concepts where majority of the focus is laid on are:
• How technology should be implemented and used wisely in an organization.
• The role of IS manager in an organization and how organizations could use information technology to gain a competitive advantage over their rivals.
• Ethical issues involved in using information technology.
It is widely known that Information technology plays a vital part in an organization but investing in IT alone doesn’t fetch profits. Organizations must first understand their requirements and also should consider goals and objectives before investing in IT.
Google case study helped in providing an insight about how these concepts can be embedded and how successful an organization could become by implementing these concepts. Google has allowed its employees to choose computers and software’s of their own choice, this step proved successful as it allowed employees to access that software’s which are useful. The search engine giant has designed its own software’s or bought it from other vendors depending upon the necessity.
Google has made sure that the ethical principles involved in using the information technology are followed strictly. Although it allowed free access of company’s information for employees, enough security measures are taken in order to ensure the security of data.
The concepts of Technology management encourage both analytical and critical thinking which coul...
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...derstand more about the benefits gained by implementing the methods and also the challenges involved in implementing those methods. The text book made it possible to have an insight of companies and the strategies they use to gain an advantage over their competitors.
I am glad that I took this course. After completion of this course I can say with confidence that the purpose of the course content is better served as it is a blend of both technology and managerial skills.
Reference:
1. Saunders, K. E. (2010). Manging and Using Information Systems. Hoboken: John Wiley & Sons,INC.
2. Kohli, R., & Devaraj, S. (2004). Realizing the Business Value of Information Technology
Investments: An organizational Process. MIS Quarterly Executive , 35-68.
3. Gribbins,M. Managing IT Projects & Communicating Change.
Shane, Scott. Technology Strategy for Managers and Entrepreneurs. Upper Saddle River, NJ: Prentice Hall, 2009. Print.
Information Technology (IT) is a foundation for conducting business today. It plays a critical role in increasing productivity of firms and entire nation. It is proven that firms who invested in IT have experienced continued growth in productivity and efficiency. Many companies' survival and even existence without use of IT is unimaginable. IT has become the largest component of capital investment for companies in the United States and many other countries.
The Google company has engaged the controlling location and position in its industry since the launching due to its unique product which is a result of its unparalleled working location. Google has moved out on to achieve the largest share of online searching engine as it affords its users with a product that is difficulty exchanged even though there are a lot of challengers. By analyzing and examining the internal and external environment of the company, it is obvious that Google company is running un efficient machine, giving attention to the most of customers and it ensure that it offers a quick and reliable product to its customers.
Google tries to retain its employees and evaluate them in a quantitative but also qualitative manner. In fact, the company made its work environment colorful and vehicles the image of a fun place to work through what it proposes. For example, employees can have free snacks or bring their pet at the office or go to the gym etc... Employees can benefit from flexible working hours and have some time for their self-directed projects which shows the importance of the creativity and innovation from each and in every departmen...
Henderson and Venkatraman proposed a model for business – IT alignment; it was intended to support the integration of information technology (IT) into business strategy by advocating alignment between and within four domains (see figure 1). The inter-domain alignment is pursued along two dimensions: strategic fit (between the external and internal domain) and functional integration (between the business domain and the IT domain). The objective of this model was to provide a way to align information technology with business objectives in order to realise value from IT investments. The authors argued that the potential strategic impact of information technology requires both an understanding of the critical components of IT strategy and its role in supporting and shaping business strategy decisions and a process of continuous adaptation and change. Hence, they presented a model that defines the range of strategic choices facing managers.
is one of the companies that provide employees benefits. Google realize the important of its employees and employees’ families, so they give the benefit programs to its employees in order to support its own employees and their families. Google offers generous parental leave policies, retirement savings plans, death benefits and much more. In some of Google offices, employees can even bring their own families to a workplace. Its employees allow accessing to the healthcare choice. In some location, Google also provides healthcare services such as chiropractic, physical therapy and massage services. In addition, most of Google’s offices are offered on-site fitness centers and classes to make its employees save their time and keep them fit. It also provides office café and micro kitchen in every Google Offices which it will provide employees nutritious meals and snacks to keep its employees healthfully energized throughout the day. Google also encourage their employees to do something helpful and useful for the community such as donation and volunteers jobs. Lastly, Google always supports its own workers, Google offers opportunities for every employee by providing cooking classes, degree program or another lesson that they are interested in. Google will be the big support to them in what they love to do (Google careers,
Google is a public corporation that deals with Internet searching, advertising, and Web-based computing technology. All these have developed from an initial search engine and the company continues to advance even to date with partnerships and acquisition of other companies and products. All of these are due to its formulation and maintenance of a unique corporate culture that other organizations have to follow in order to be as successful (Rachet, B. 2014). What makes up Google 's strong culture are values that are widely accepted and strongly held (Rachet b. 2014). Google has topped the list of Fortune 100’s Best Companies to Work for 4 times (Kim, J. 2013). Although Google has many perks on their work campus, the real formula behind their
Hill (2005) suggested that, Google’s, Internet Search product had changed the way people access information, changed the way they thought about information (p. 11). From its registration on September 15th 1997, Levy (2011) indicated that Google continued growing, in users’ priority for information (p. 112). Google search is a free service available to internet users, it is one of the many products owned by Google Inc. Google search was termed, “the avenue for connecting people to information” (Internship, 2013).
Organizations and individuals have to strategically position themselves in order to take advantage of the growing technology and achieve business competitive advantage while at it (DeHaven 2010 pg 1). Technology has enabled globalization; where ideas, products and services have been shared. This has promoted foreign businesses thus helping different economies all across the globe. Different organizations and individuals have realized that technology will keep growing and changing and the best strategy will be to adapt it other than holding to rigid ways of doin...
Turban, E. (2009) Information technology for management : transforming organizations in the digital economy. 7th ed. Hoboken: John Wiley & Sons Inc.
Managers must understand how to achieve efficiency internally through applying new technology to operational processes. Managing new technology requires a thorough understanding of business technology management.
Google is a good work place and provides numerous work opportunities for people in diverse fields. Google has invested in several areas including advertisements, operating systems, sales, search, and hardware products. A significant proportion of Google’s income comes from making online advertisement. The company was founded by Larry Page and Sergey Brin while they were PhD at Stanford University. The two founders together own almost 16% of the company’s shares. It was primarily incorporated as a private company in the year 1998 before the IPO in the year 2004. The mission statement of the company was to organize the world’s information by making it globally accessible and useful. The rapid growth environment characterized by numerous competitive ventures has led the company into adopting a series of strategies involving the chain of products, acquisitions and partnership s that transcend the core function s of the company or the search engine. The company has product offerings in the likes
...services and Google should strive to remain ethical and committed to the privacy agreements made between the company and the users
...urse of this module will be extremely beneficial for my future. If I am to have the opportunity to become part of the managerial sector within the IT industry, I believe I will be more confident and have better listening skills. After this course, I have now clearly identified my strengths and weaknesses and identified opportunities and threats that they provide. Hopefully, if I apply the knowledge I have gained from the course, and apply it to the working world, I will be able to handle situations with more confidence, and show much more calamity and assertiveness. NLP can also be used more effectively when communicating with others. After the continuous and consistent team work available throughout this module, I believe management is a more suitable career option for me. As can be seen previously, effective communication is only achieved with constant practise.
One main apprehension that they have against Information System is the high investment cost. In addition to this there is the high maintenance and upgrade costs associated with the deployment of new IT systems. In fact they prefer to outsource the heavy IT department expenditures to other companies having IT as their core activities. In return they expected to receive a full solution pack to meet their requirements and they are ready to pay these IT services as an operating cost. At the same time the risks associated with IS are being shifted to the other