The trimester is about to end, but it certainly did not take the whole trimester for me to realize that beyond its importance, there lies the strategic value of Information Technology. From an organization’s Board of Directors from which Corporate Governance springs from, to how entry level employees are instructed in their duties through Knowledge Management, Information Technology has pervasive applications in every level of Management and in the manner that business and work is being done.
There are five functions of Management: planning, organizing, staffing, leading, and controlling. In each function, there has been and will always be the use of Information Technology. Information Technology and Management functions have been so closely linked in such a way that Chief Information Officers, who used to merely stand guard at the organization’s stores of data and information, are now part of the elite circle that is expected to report regularly to the Board of Directors, formulating and implementing Information Technology projects that support the organization’s goals. This alone is an indicator of how Information Technology has risen to be a related field highly esteemed in the world of business and management.
If I have seen further, it is by standing on the shoulders of giants. – Sir Isaac Newton
Information Technology used to be just synonymous to computerization and automation which ease the workload, when in reality, IT (pun intended) is so much more than that. This is why, beyond having the required business acumen, managers must be able to grasp Information Technology concepts and recognize the strategic value Information Technology has in meeting the organization’s ultimate purpose: its mission, vision and goals. The long list of concepts we were able to discuss in our Mgt 286 subject will not remain merely classroom topics for us current and future managers- these are strategies, best practices if you will, with the ultimate aim of achieving an organization’s purpose:
- Project management ensures the effective and efficient delivery of a collaborative enterprise.
- Business Process and IT Outsourcing free up valuable resources to focus on the organization’s core strengths.
- Enterprise Resource Planning Systems provide software platforms that enhance department functions and inter-departmental teamwork.
- Collaboration tools and wireless networks provide conduits that update in real time, transcending physical space, for work to take place.
- Enterprise Architecture is a more detailed subset of planning, wherein Information Technology infrastructure is closely intertwined to support the operational model of the organization.
- E-Business widens the international market for goods and services, again transcending physical space, for trade and exchange to take place between customers and businesses.
- Business intelligence creates usable information by matching sets of facts and determining the relationships between them.
- Knowledge Management speeds up the process of getting employees to contribute to the organization’s purpose by giving them the needed information for them to do their tasks better.
- Innovation is both highly enhanced and birthed by Information Technology.
- The ubiquity of Social Media and Information Technology gives rise to ethical, privacy and security issues, which each individual would do good to abide by a set of ethical standards and commit to responsible usage of social media.
- The efficient use of office applications such as Microsoft Excel and Access require skills training for managers in order for them to maximize the features of such programs that would further aid them in carrying out their managerial functions.
Effective and efficient use of Information Technology brings results, not just for business organizations, but for individuals as well. I have always shared it in my blog posts, and will say it again: in this time and age, power is owned by those who have Information, over those who have brute strength and riches. To be more is to do more, and to be able to do more is to know more. Thus, IT matters – for each organization, regardless of its purpose; and to individuals who work and study and transact and relate to others, to the one who does all, or just some.
I believe a shout out is in order to the following:
- My noisy seatmates and kewl classmates- Tito’s and Tita’s, may we make more productive noise through sharing intellectual arguments related to the discussed topics, as we master Management together in the next trimesters;
- Sir John Lorenz Belanio, who has been patient in answering my many questions in class and through Facebook, tolerating my and my seatmates’ “productive noise”, being clear and understandable in making concepts come to life in classroom discussions, and lightening the drudgery of having one less day in a weekend with his trivia and #Hugot bonus questions during quizzes;
and the loudest one is for
- Our Lord Jesus Christ, who has and will enable me to surpass this trimester, and from whom all wisdom and knowledge come from. *Soli Deo Gloria*