Please in your own word, NO copy and pasting unless cited!! and Please Type out
ID: 3902099 • Letter: P
Question
Please in your own word, NO copy and pasting unless cited!! and Please Type out the answer. No photos.
So please answer in your own words.
In Wikipedia (http://en.wikipedia.org/wiki/Information_technology_management), Information Technology Management is defined as “… the discipline whereby all of the technology resources of a firm are managed in accordance with its needs and priorities.” [3]
. In 1 to 2 pages, please comment on this definition, and clearly state whether you agree with it or do not agree with it and why.
Explanation / Answer
Information technology management (IT management) - This is a process whereby all information related resources (data, computer systems that can be used to harness the data, Data storage systems like Database, networking hardware, System Admins who have access to the data) can be managed efficiently within an organization as per its own demands, needs and priorities and also to secure its own data from foreign usage. In order to achieve fruitful benefits, both business strategies and IT Technologies should be well alligned and synched together.
Yes, I do agree with IT Management because of the following mentioned advantages:-
Integrated System - All the running business actions of an organization should be well integrated into a single system to harness the power of information and technology. An Integrated system will provide a 360 degree view of data which can improve communication among senior levels of management, which can help them to have a better understanding of the running business scenario and based upon this, futhur actions can be taken up.
Better Decisions - IT Management systems can help in improvement of decision-making skills of the firm, especially when you have all relevant and important data present at your finger tips. The old saying "knowledge is power" applies when business owners use the data gathered in their MIS applications to make smarter decisions.
Data Quality Issues - The Quality of IT system will definitely degrade when false, dummy, invalid, outdated , misplaced, errorneous data are entered into the system, as the higher level executives will then be using the wrong data for their decision making and this can lead to many adverse effects for a company some of which can take years to recover. So we need to make sure or incorporate rules and policies so that only valid and cross checked data are allowed to enter the system and prevent invalid ones.
Security Issues - There are hackers , identity thieves and corporate saboteurs whose main target is sensitive company data. Such critical information inclusdes employee information, Financial Statements, Growth Rate of company over past years, projects it undertakes and client sensitive data. They steal such information and sell it to rival companies or use it to damage the company's image.
Please let me know in case of any clarifications required. Thanks!