Critical It Thinking-mod 5

Running head : ITInformation Technology It is definitely true that an IT system focused on maintaining a cutting-edge technology flummox is the most effective way to support any engaging of over either clientele strategyStudies proved that there is a statistically signifi domiciliatet correlation between the intensity of IT used in a company (IT capital per worker and that company s overall productiveness (Brynjolfssor , E , 2003 . And however IT contribution could be verifying to the overall effect of a company or economy . But IT is a promising source of productivity when it s unite with complementary investments in work practices human capital , and organizational restructuring (Brynjolfssor , E 2003Brynjolfsson , E Hitt , L . M (2000 ) found severalize on the link between investments in IT and higher productivity and organizational transformation and other measures of economic performance (p .4 . Mitra S (2005 ) also provided empirical evidence of the role of information technology (IT ) as an enabler of growth in firmsBardhan , I Krishnan , V Lin , S (2004 ) found that ITenabled dynamic capabilities have a significant blow on improvement in four project-level outcomes (cycle time , pecuniary shelter , quality , and on-time completion rate (p .2 . Results indicated that quality of firms outputs (effectiveness ) may be even more important in terms of its collision compared to the quantity of outputs (efficiency (p .25Zhu , K (2004 ) showed a strong positive fundamental interaction effect between IT infrastructure and e-commerce capability suggesting that their complementarity contributes to firm performance in terms of sale per employee , inventory turnover , and approach reduction . With this combination between front-end e-commerce capability and back-end IT infrastructure could be more effective in producing business value (p .167After all these evidences Brynjolfssor (2003 ) opinion really worth to be mentioned .

According to him , IT managers today shouldn t ask Does IT pay off but rather , How can we best use IT /computersBusiness Practices to Maximize and Measure IT ValueA closer question revealed that the biggest benefit accrue to companies that adopt an identifiable cluster of business practices (Brynjolfssor , 2003 . These practices found to be related to the implementation of technology itself , or involving change in the organization of information work (decision do rights , incentive systems , hiring , and training (Brynjolfssor , 2003First step to start with , all organizations must(prenominal) first understand who their customers are , what they value , how the organization plans to produce profits by providing this value and how to deliver that value in a way that the competition cannot mimic (Burg , W . D Singleton , T W , 2005 ,.5According to Burg , W . D Singleton , T . W (2005 , most organizations use one of three approaches to measure IT value such as traditional fiscal measurements (return of investment (ROI , self-control (TCO , qualitative method (information economics (IE ) or even present that IT benefits are intangible (no way to attach a monetary value to them , of them of which are working (p .3After being ready to fill from methodologies to measure the business value of IT , organizations should take in their minds that financial methodologies...If you want to get a full essay, order it on our website: Orderessay

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