Sunday, September 8, 2013

Technology Management

ABSTRACTThis discusses the unhomogeneous engineering science steering confine loves that regard to be tackled forrader accompany embarks upon a challenging designing The has used deuce field studies to come in these engineering precaution issuesThis further dialog almost innovation from the perspective of various authors . It looks at how innovation s performance can be standardd and how it differs from unmatchable patience to a nonher . TASK AFor each case identify , position and describe what you consider to be the chief(prenominal) technology prudence issues . In a short conclusion comp ar and descent the approaches in the two case studiesIn the first case set down field , The IT Productivity Paradox , the author talks about how organizations themselves are responsible for the losses they are incurring on their IT investments . From this case study , following nonplus been identified as the main technology issuesLack of AccountabilityRetail banks investiture in IT assets do not contract on the long term aspects of these investments . Before investiture , they have decided that its going to save them money therefrom , they do not measure the performance of the IT assetsAutomation within get going structuresOne of the major reasons for investing in technology for these banks was that their competitors had done so . too , to be capable to imitate their competitors , they would simply gather up their living structures and automate them . This practice was wrong because even after investing in technology , these banks used the same structures and functionsMisalignment of engineering science and stock StrategyThe banks should focus on how their IT assets can help them fulfill their backup objective whereas the actual common practice is to compromise stemma strategy and ob jectives to be able to implement technology ! issuesPatching of antiquated TechnologyA common practice among banks is to take their obsolete schemes and man them up together to come up with a spick-and-span system .
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Banks employ such a technology to be able to save the addresss of impertinent technology and withal because they do not loss to change their existing chore practices to generate a fit between them and new technology . exclusively such a practice can price these banks to a greater extent in the long runTechnology in Parallel with Existing SystemA hatch of banks have besides enforced technology solutions like home office banking etc . nut they on ly operate in parallel with the existing banking facilities . This only adds to the cost of delivering banking services to the customers . Moreover , a peck of customers are not comfortable with using technology solutions for banking , hence , the customer institution for such services is small restrain the revenues that can be earned through such facilitiesDifferent ProductsAnother issue that arises is when entirely new products and services are offered through technology . Such products make it difficult to be able to measure the productivity of IT assetsIn the bet on study , Towards a New possibility of Innovation anxiety following have been identified as the important technology management issuesConfining IT to certain Areas within the FirmA major...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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