Remarks By reading and discussing with our fellow students about these articles, we get to know the power, as well as the importance of IT in today’s business. We also had chance to delve into what really can IT does to empower the business processes. Additionally, in our opinions, these articles also illustrate very well how IT initiates, facilicates, and enables business processes by using many examples. It makes these technical texts much easier to understand and to digest. Here is the summary of Article 2 and 3 (we couldn’t get in touch with the member who is responsible for Article 1) 1. Article 2 – Information Technology in Business Processes - Rengineering Business Process Re-engineering- fundamental rethinking and radical …show more content…
Degree of collaboration -- frequency and intensity of information exchange which can range from none (low level degree of collaboration) to extensive (higher level degree of collaboration) Information exchange in a process IT diminish the degree of mediation and increase the degree of collaboration 2. Article 3 – Information Technology in Business Processes IT has always been playing a significant role in most of the everyday operations of today’s business world. At the very first place, IT had been considered a supporting player. However, with the successes IT has been bringing to business world, IT is now taking crucial roles in business processes; and can lead to “broader shifts in products, markets, and society as a whole”. This paper discusses the framework of the roles of IT as an initiator, a facilitator, or an enabler in details; and review the impact of IT on specific business processes, and on organizations and management The proposed framework can be broken down into * 3 dimensions: * Why? – Initiator * What? – Facilitator * How? – Enabler * 3 views: * Logical view: the Why - What - How * Physical view: the Functions - Operations – Procedures * Conceptual view: the Need – Product - Process Roles of IT: * Initiator: acts as an agent of changes. It means new requirements are imposed and need to be resolved by the usage of certain existing IT,
In the New Millennium, leaders must be ever aware of the changing landscape in which they operate. In developing an understanding of the global marketplace in which humans must coexist, it would be futile to underestimate the impact that information technology (IT) has had in defining how objectives are achieved. While technology has made our lives more efficient, it also presents interesting challenges when it does not function as expected or does not provide immediate benefits to hasten our thinking. Creighton University’s Seminar: Business and IT
The mini-case starts with “IT is a pain in the neck,” which is a wrong notion that most of the business managers have in an organization. The history of IT-business relationships in most of the organizations shows that there is a huge gap between both sides which is getting better over a period of time. Today, managers know the fact that it is the people, technology and information that realizes the value of a company and everytime IT cannot be blamed for everything. The days have gone when IT was looked at as the sole responsibility for a company’s growth or downfall. IT processes along with the
In this report we are going to discuss about I) what is a business model? II) what is a business process and III) How business process and business model are connected?
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.
This article is written by Nicholas Carr and it has become so popular because of its important topic about information technology in business today. Information technology has become a very important component in the success, efficiency and effectiveness of business.
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.
This report is to conduct a comprehensive analysis of Telstra’s business process. Firstly, the goals and strategy of Telstra will be revealed. Secondly, a process landscape model will be constructed by applying Dijkman’s approach. Afterwards, Telstra’s business processes will be evaluated and recommendations for improvement will be given by applying Rosemann’s prioritisation. The last part of this report is to focus on further analysis of three core processes.
“Fasten your seat belt; it’ll be quite a ride”, is how Dr. Michael Hammer ended his 1999 article in InformationWeek titled, “Reengineering at Net Speed”. The article focuses on the possibilities the internet will have on business processes and how process reengineering is necessary in “net” age. Dr. Hammer argues that reengineering is necessary with the internet because “automating a mess yields an automated mess”. He argues that a poorly designed process in a traditional business environment will be a poor designed process on the internet as well. He further states that processes will be need to implemented and designed to support the internet model of business. The internet model of business has high customer value access. Customers are able to place orders and check on shipments. Hammer also states the internet has no boundaries. Companies are able to business anywhere in the world due to ubiquity of the
A report based on the functional areas, business processes and information systems of NSW’s Holroyd City Council
Business process management: use various tools and methodologies to analyze existing processes, design new process, and optimize those processes and it can never be over
The world today is ever changing, moving from one phase to the other and the only thing that does not change is ‘change’ itself. As the modern business environment is propelled by the three Cs namely Customer, Competition and Change, organisations are always looking for new business innovations to salvage their ailing enterprise. (Hammer and Champy, 1993) One of such solutions that have been identified and used by many companies is the Business Process Re-engineering or shortened as BPR.
Earlier, enterprises required technology updates which were limited to overhaul of network architecture, hardware, software and data storage. Such IT transformation was common when information technology was more to do only with the computers, software and networks. However, with the increased business emphasis on data collaboration and flexibility, digitization is using cloud, social media and analytics to enable business innovation. The digital transformation is not only enhancing the consumer experience, operational processes and business models, but also changing the company’s underlying IT operating model and processes.
Researches in terms of IT’s relationship to firm performance have been studied for a long time, which this is based on the factual business that the exploitation of IT is a necessity, driven by competitive pressures, market demands, technology resurrections, and so forth. The problem of IT utilization is how to use it effectively and efficiently, which the effective terms refers to process performances achieved by the right tracks and at the reasonable cost, referring to the efficient term. Consequently, the IT resources should be valuable, subsequently the processes would be effective in exploiting resources and efficient in using costs. To accomplish this objective, there should be created a paradigm in order to support an IT value creation that convey benefiting IT’s potentials, thus the IT inclusion in a business is not only an era trend but also a business performance enhancement.
Jean-Philip Pritchard & Colin Armistead, (1999); described Business Process Management (BPM) as a methodology designed to eliminate waste, customer–driven and ensure increased productivity. The main drivers of the approach in most organization are threat of competition, need to improve quality, responsiveness of products and services, while the main benefits are the need to improve client relationship, change in organization culture and ensuring better cross - functional working environment.
At the same time, companies today are faced with many new digital technology. The use of these “next-generation” technologies (e. g. Artificial Intelligence, Robotic Process Automation, Internet of Things, Machines-to-Machines, Blockchain, etc.) enable companies to simultaneously improve the efficiency of value-creating business processes and the level of support processes, while market achieves competitive