Project Management 4 Essay Example | Topics and Well Written Essays - 250 words

Project Management 4 - Essay Example formation certain mechanism can be adopted which may include meetings, seminar, pamphlet sharing within the organization or other sources of enabling knowledge information. Incase effective communication is not being provided or is not in place, mechanism would be introduced for enhancing the overall flow of information, and this would be done by removing the barriers if any may exist. In case the communication means are not effective, proper guidelines would be devised, roles would be clearly defined and the task at hand would be better explained both from managerial view point and the technical view point. Technology is of high importance with regard to the communication purpose (Beck et.al 2009). For this reason state of the art devices and technological equipment must be incorporated into the system which enable inside the organization and outside the organization effective communication

Role of IT in Business Management Essay Example | Topics and Well Written Essays - 500 words

Role of IT in Business Management - Essay Example These are namely: (Angell, 1991) Information technology has helped organizations in managing their resources efficiently and to produce the maximum throughput. Information technology has become an integral part of any organization small or big. This is due to the fact that any organization will have to make critical decisions when it comes to marketing. Information technology when implemented in the following areas of business plays a big role in improving the organization's market hold: Supply Chain Management: Any organization has to take important decisions regarding their products as to what to supply, how much to supply, how to supply and where to supply. Supply chain management can be divided into three main flows: Product Flow, Information Flow and Finance Flow. All this information is stored in databases and data warehouses. This information retrieved and fed to SCM application programs to be analyzed. SCM software has algorithms to determine the best way to fill an order and to track the product status, etc. E-Commerce: Many people nowadays prefer buying products over the internet rather than buying from a retail outlet. Organizations can use internet to sell their products which reduces the paper as well as the manual work to a large extent.