it management

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19.The Role Of Information Technology In Management - 1 Introduction: No invention has ever influenced the human beings as computer has. In less than se of its existence it has managed, materializing the Concept of a global village. Tec likeComputational Intelligence, Neural Netorks, !enetic "lgorithms, #ata Communica $Netorks, Telecommunication, #atabases, and %volutionar& Computing etc.Collectivel the business communit& a broad set of tools capable of addressing problems thatare or virtuall& impossible to solve using the more traditional techni'ues fromstatisti research.Countr& running and putting it on the track of the development is ver& com might re'uire the decisions making on the basis of the countr& s past experience and pre sent situationhich is obviousl& available in the form data. Toda& s best technolog& to manage and process data is the Information technolog&. IT must seen as an investment and not an expense. IT is la&ing a vital and expanding role in bus the manager to improve the efficienc& and effectiveness of their business processes decision making, and orkgroup collaboration, thus helping the managers to strength positions of their compan& in a (apidl& changing environment. IT has become a necessar&ingredient for )anagers to succeed in toda& s d&namic global environment. Definition Information Technolog& *IT+ as described b& Chaffey and Wood as ‘‘technology resources used for business information management’’ These resources include softare, hardare andtelecommunication netorks used for information. "ccording to enemati et al.,IT is changing rapidl& and considering the increasing business operations, its successful management is of utmost importance Irani and management to be successful, it must be perceived as an iterativebusiness process organisational learning throughout the lifec&cle of the technolog& oever, even hen IT is managed successfull&, the 'uestion arises, as to hat role ITpla&s in the achievement of or goals and ob/ectives In response to this 'uestion, 0enkatraman et al and ranz and 2lepper postulated t IT in an organisation is usuall& epitomised as a fit or alignment ith the strategi organisation. Therefore, IT can onl& be appropriatel& aligned hen infrastructure p implement the IT strateg& is ade'uate3 the strateg& supports the organisation s str ateg& and businessprocesses.

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19.The Role OfInformation Technology InManagement- 1Introduction:No invention has ever influenced the human beings ascomputer has. In less thanseven decades ofits existence it has managed, materializing the Concept ofa global village. Technologies likeComputational Intelligence, Neural Networks, Genetic Algorithms, Data Communication &Networks, Telecommunication,Databases, and EvolutionaryComputing etc.Collectively offer the business community a broad set oftools capable of addressing problems thatare much harder or virtually impossible to solve using the more traditional techniques fromstatistics to operations research.Country running and putting it on the track of thedevelopment is very complex task and mightrequire the decisions making on thebasis of the countrys past experience and present situationwhich is obviously available in theform data.Todays best technology tomanage and process data is the Information technology. IT mustbe seenas an investment and notan expense. IT is laying a vital and expanding role in business.IT helps the manager to improve theefficiency and effectiveness of theirbusiness processes,managerial decision making, and workgroup collaboration, thus helping the managers to strengthenthe positions of theircompany in a Rapidly changing environment. IT has become a necessaryingredient forManagers to succeed in todays dynamic global environment.

DefinitionInformation Technology (IT) was described byChaffey andWood astechnologyresources usedfor business information management These resources include software,hardware andtelecommunication networks usedfor managing information.According to Benemati et al.,IT is changing rapidly and considering the increasing strategicimpact of IT on business operations, its successful management is of utmost importanceIrani andLove suggested that for ITmanagement to be successful, it must be perceived as an iterativebusiness process capable of providing organisational learning throughout the lifecycle of the technology However, even when IT is managed successfully, the question arises, as to what role ITplays in the achievement of organisational strategic goals and objectives In response to this question, Venkatraman et aland Franz and Klepper postulated that theproperrole of IT in an organisation is usually epitomised as a fit or alignment withthe strategic goals ofthe organisation. Therefore, IT can only beappropriately aligned when infrastructure put in place to implement the IT strategy is adequate;the strategy supports the organisations strategy and businessprocesses.