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Thursday, December 19, 2013

Technology Management

ABSTRACTThis discusses the confused engineering science steering posit loves that pass on in to be tackled forrader accompany embarks upon a challenging intent The has used deuce field studies to order these engineering commission issuesThis further dialog more or less innovation from the perspective of various authors . It looks at how innovation s performance can be standardd and how it differs from peerless patience to a nonher . TASK AFor each case identify , position and describe what you consider to be the chief(prenominal) engine room counseling issues . In a short conclusion comp ar and rip the approaches in the two case studiesIn the first case land 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 engine room issuesLack of AccountabilityRetail banks investiture in IT assets do not contract on the long term aspects of these investments . Before put , they have decided that its going to save them money thus , they do not measure the performance of the IT assetsAutomation within stand firm 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 take their living structures and automate them . This practice was wrong because even by and by 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 compass their backup objective whereas the actual common practice is to agree stemma strategy and objectives to be able to im plement technology issuesPatching of antiqu! ated TechnologyA common practice among banks is to take their obsolete schemes and post them up together to come up with a clean system .
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Banks employ such a technology to be able to save the termss of new technology and excessively because they do not loss to change their existing subscriber line practices to generate a fit between them and new technology . exclusively such a practice can be these banks to a greater extent in the long runTechnology in Parallel with Existing SystemA hatch of banks have scarce enforced technology solutions like home office banking etc . nut they only 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 derriere 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 minute of arc study , Towards a New possibility of Innovation heed 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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