Critical It Thinking-mod 5

Running head : ITInformation Technology It is definitely true that an IT dodge focused on maintaining a cutting-edge technology deposit is the most effective way to support any agreeable of over either clientele strategyStudies proved that there is a statistically signifi domiciliatet correlation between the intensity of IT used in a company (IT capital per worker and that company s boilers suit productiveness (Brynjolfssor , E , 2003 . And however IT contri stillion could be verifying to the overall effect of a company or preservation . But IT is a promising source of productivity when it s tie with complementary enthronizations in work practices human capital , and cheekal restructuring (Brynjolfssor , E 2003Brynjolfsson , E Hitt , L . M (2000 ) found distinguish on the link between investments in IT and hi gher productivity and organizational transformation and other dance steps of economic performance (p .4 . Mitra S (2005 ) also provided empirical evidence of the role of discipline technology (IT ) as an enabler of growth in firmsBardhan , I Krishnan , V Lin , S (2004 ) found that ITenabled dynamic capabilities have a significant pouffe on improvement in four project-level outcomes (cycle time , financial shelter , quality , and on-time completion rate (p .2 . Results indicated that quality of firms outputs (effectiveness ) whitethorn be until now more important in equipment casualty of its collision compared to the quantity of outputs (efficiency (p .25Zhu , K (2004 ) showed a strong peremptory fundamental interaction effect between IT infrastructure and e-commerce potentiality suggesting that their complementarity contributes to firm performance in terms of sale per employee , stock-taking turnover , and approach reduction . With this combination between front-end e-commerce expertness and back-end IT infra! structure could be more effective in producing demarcation assess (p .167After all these evidences Brynjolfssor (2003 ) opinion really worth to be mentioned .

According to him , IT managers today shouldn t ask Does IT pay off but rather , How can we best use IT /computersBusiness Practices to Maximize and euphony IT ValueA closer question revealed that the biggest benefit accrue to companies that adopt an recognisable cluster of business practices (Brynjolfssor , 2003 . These practices found to be related to the writ of execution of technology itself , or involving change in the organization of information work (decision do rights , incentive systems , hiring , and training (Br ynjolfssor , 2003First step to actuate with , all organizations must(prenominal) first understand who their customers are , what they value , how the organization plans to produce profits by providing this value and how to deliver that value in a way that the competition cannot mimic (Burg , W . D Singleton , T W , 2005 ,.5According to Burg , W . D Singleton , T . W (2005 , most organizations use one of three approaches to measure IT value such as traditional fiscal measurements (return of investment (ROI , self-control (TCO , qualitative method (information economics (IE ) or even present that IT benefits are intangible (no way to attach a monetary value to them , of them of which are working (p .3After being take a shit to fill from methodologies to measure the business value of IT , organizations should take in their minds that financial methodologies...If you want to get a full essay, companionship it on our website: OrderEssay.net

If you want to get a full information a! bout our service, visit our page: write my essay