...SECOND SEMESTER EMBA/ MBA Subject: Information Technology How is IT innovated? As an IT student what do IT students today need to learn to become innovators themselves? Innovation is a new idea, more effective device or process. Innovation can be viewed as the application of better solutions that meet new requirements, in articulated needs, or existing market needs. This is accomplished through more effective products[->0], processes[->1], services[->2], technologies[->3], or ideas[->4] that are readily available to markets[->5], governments[->6] and society[->7]. The term innovation can be defined as something original and more effective and, as a consequence, new, that "breaks into" the market or society. Information technology (IT) is widely understood to be the enabling technology of the 21st century. IT has transformed, and continues to transform, all aspects of our lives: commerce and finance, education, employment, energy, health care, manufacturing, government, national security, transportation, communications, entertainment, science, and engineering. IT and its impact on the U.S. economy-both directly (the IT sector itself) and indirectly (other sectors that are powered by advances in IT)--continue to grow in size and importance. Information Technological innovation is essential for human development. From the printing press to the computer, people have devised tools for facilitating learning and communication. Technology is not inherently good or bad, the outcome depends...
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...Essay on Liberation, with a critique on the current system, capitalism. He describes the competition that goes on in today’s capitalist society as “aggressiveness, brutality, and ugliness,” and even calls it “debilitating competition.” (Marcuse, pg 5) He believes that this system does not work. Marcuse believes that capitalism’s competition is too much for humans to handle and that it creates a society driven by consumption. While I agree that consumerism is not good for people, I believe that Marcuse’s views on competition are wrong. Genuine friendly competition was one of the core values of ancient Greek society. The Greeks would evaluate themselves, and then try to become better than those who were better than themselves. Whether it was by physical training or by reading, each Greek was constantly striving to educate himself and to strengthen his body. Competition is what pushes people to improve and is one of the two best things to come out of the capitalist system (the other being lower prices). People are born with different abilities, and capitalism allows them to use their talents to succeed. Competition creates a world of motivated people who produce the best goods and services that they can. In a free capitalist society, anyone can achieve what he wants if he works hard enough. Here, ability and effort come together and allows people to succeed. The satisfaction that comes from accomplishing something after hard work is something that can never exist in a society...
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...innovation; capitalization; passion; and resilience. People-oriented refers to both the customers and employees. New products would be developed with the customer and their needs in mind. Leadership would strive to make the workplace a positive place to work through face-to-face interactions, frequent performance appraisals, and quarterly celebratory events. In order to succeed, risks must be taken. As Kouszes said in his interview, risk is an opportunity. One must be willing to persevere through the risks (Case, 2010.). A hallmark of Normentism is evaluating the market including customer needs, waiting for a niche to fill with a new innovation, or modify an existing innovation (California Management Review, Winter 85). An addendum to innovation is the capitalization of those consumer niches that can be filled by a new or modified innovation. Passion is a key characteristic of the entrepreneur and his/her employees. Believing in what the company is doing is a key to success. This leaves resilience. Entrepreneurship is a risky undertaking. Drucker has said that for every entrepreneur who succeeds, many more fail. (California Management Review, Winter 85). A successful entrepreneur cannot allow failure to squash his/her passions and dreams; he/she must persevere and be resilient to the failures. According to the new definition of entrepreneurial leadership the entrepreneur is enterprising and transformational and has great skills in the characteristics of clarity, communication...
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...purpose. In an increasingly competitive global economy fuelled by technological advances, there is a seemingly prevalent idea that the customer is key and the use of marketing data is therefore crucial to a company’s success. However, the focal point is how a company can ensure their exposure to data is to be informed, not driven by data; and how the data can be used to the company’s advantage in order to achieve long term goals. Business Strategy Johnson et al. (2008), state that strategy is the direction and scope of an organisation over the long term. Without a strategy in place to refer to, it is easy for a business to become overly focussed on the day-to-day business activities, temporarily losing sight of the goals and aspirations they have set for the business. This loss of vision can in turn lead to strategic drift, a concept explained by Handy (1989), as being the cause for businesses becoming uncompetitive in their respective environments and ultimately failing as a result of being too slow to respond to external trends and losing touch with customers. One of the main causes for strategic drift is thought to be substantial changes in technology, which have been rapid across the span of the information age. Narayanan & Fahey (1986), highlight that as the external environment changes, business strategies must be modified to take account of newly emerging opportunities and threats and that businesses must be proactive in responding to such changes in order to maintain...
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...applied ethics where it inculcates a sense within a company’s employees on how to conduct business responsibly. Business ethics seems easy to understand but when you get to the real one, you could find yourself in a confusing situation. Since the term ethics can pose many definitions in a broad context and it can be difficult to find a common understanding of the term, hence, most companies refer the concept of the term ethics as integrity, business practices or responsible business conduct. After you have known the basic definition of business ethics, you would now begin to know the business ethics of a chosen company. This paper aims to give some views on how Hewlett-Packard, an international company which provides mostly computer technologies worldwide, imposes their generally-established...
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...Model Driven Development – Future or Failure of Software Development? Ruben Picek, Vjeran Strahonja University of Zagreb, Faculty of Organization and Informatics, Varaždin ruben.picek@foi.hr, vjeran.strahonja@foi.hr Abstract. This article discusses some issues of the software development paradigm called Model Driven Development (MDD). Its basic idea is to move software development to a higher level of abstraction by using models as primary artifacts, and to transform models into the source code, with the aid of tools. Currently, there are several approaches to the realization of MDD paradigm which should bring a lot of benefits. However there are still problems to be solved, which will be discussed here. The authors are also going to analyze developers pros and cons, and give their own opinion about today's open question: Will MDD become a failure in trying to deal with software crisis, like the idea of CASE tools in 80's or will it become the future of software development? Keywords. MDD, MDD approaches, Software Factories, Software Development 1. Model Driven Development Paradigm In the last few years, software development has been faced with many challenges. Requirements of new and/or existing systems are growing, systems are complex and it is hard to build them on time and on budget. As an answer to these challenges, a wide spectrum of new approaches occurred, varying from buzzwords to comprehensive methodologies. One of the most prominent paradigms is Model Driven Development...
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...more collaborative (Brown, nd). Today’s companies are full of technological distractions that would have been unimaginable to the 20th-century. The goal of a good manager is to achieve excellent results through planning, organizing, leading, and controlling (Jones and George, 2011). Managers are key elements as they are the ones who handle the most difficult company resource; people. An effective manager needs three kinds of skills, conceptual, human, and technical to help the organization perform more efficiently and effectively. All three skills can be learned by developing certain characteristics or personal traits. Traits such as having a clear vision, learning to delegate work, opening communication, spending time in developing skills, providing continuous feedback, rewarding employees, enjoying what you do, educating more, solid organizational skills, employing excellent ethics behavior, and being a great mentor and motivator. Along personal traits a manager needs to understand environmental factors that strongly influence modern organizations that are important to the company’s success. Parallel to these traits and environmental forces management’s approach has changed. Managers started with the scientific management approach now managers use the Market-Based Management Value Driven Management and Constraint Theory among different approaches. In my opinion, just as the 21st century has seen new types of organizations and new ways of doing business so there will be...
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...at the Paperless Office concept was first introduced in the 70-ties, as a futuristic office work-style, when the first personal computers were introduced. Advances in information & communication technology has since then made the Paperless Office a feasible reality. The advantages of going paperless are many and undeniable. LEARN MORE ABOUT PAPERLESS The terms "paperless," "electronic," and "digital" are often used interchangeably to describe work which previously was done with paper, but which now has been adapted to information & communication technology (ICT) devices and software. The Information Technology Association of America (ITAA) has defined information technology (IT) in the electronic era as "the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware." IT entails processes involving the use of computers and software to create, convert, store, process, transmit, and retrieve information securely. The term has recently been broadened to ICT (Information and Communications Technology), so as to include the idea of electronic communication. To be paperless means essentially that the traditional paper-based practices-such as writing, note taking, reading, editing, communicating, and even drawing-are instead performed electronically with ICT devices and software. Much has been said and written about the paperless office in recent years, and the rapid development...
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...ISSUE 1: REDEFINING MANUFACTURING.............................................................4 ISSUE 2: THE IMPACT OF THE INTERNET .............................................................5 ISSUE 3 - PEOPLE ARE THE KEY TO THE FUTURE..............................................7 ISSUE 4 - MANUFACTURING TO A UNIT OF ONE..............................................8 ISSUE 5 - TECHNOLOGY AND INNOVATION AS THE KEY ENABLERS ..........9 What do I do now? .......................................................................................11 Panel and Task Force Members .........................................................12 What is Foresight....................................................................inside back cover www.foresight.gov.uk 1 What’s this all about? It is easy for people in business to downplay or ignore the importance of thinking strategically about the future. Day-to-day problems always seem to need immediate attention. Predictions about the future are invariably wrong. And, on the surface, the world we live in today doesn’t look or feel that different to what it was 10 years ago. So why should it change much over the next 10-20 years? But the fact is that the world is changing beneath our feet. And will go on changing at an ever faster rate in ways we can only start to imagine. Change will bring with it new possibilities and new opportunities. If the UK isn’t ready, it will miss out. If your business isn’t ready, you could be history...
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...employment of their human resources. The new millennium has brought about new challenges for human resources departments and practitioners around the world. These new challenges raise questions about the nature HR practices and the role of HR professionals, and imply new approaches for the HR function in product and service delivery. Organizations recognize the critical importance that human capital means for competitiveness, and ultimately survival in the modern era. In Bangladesh ‘the concept of HR’ is not very old. But within last 7 to 10 years it is widely practiced and now maximum large company keeps a department of Human Resource Management. As we move into the 'new economy', the focus on people and knowledge has steadily increased. Today, companies face new challenges in dealing with issues such as the scarcity of talent, the value of ideas/knowledge and the changing preferences of the labour market. Consequently, successful HR strategies are needed more than ever. With the increase in competition, locally or globally, organizations must become more adaptable, resilient, agile, and customer-focused to succeed. And within this change in environment, the HR professional has to evolve to become a strategic partner, an employee sponsor or advocate, and a change mentor within the organization. In order to succeed, HR must be a business driven function with a thorough understanding of...
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...companies are recognizing that in 2010, they will need to take steps to retain their workforce. This could be through an increased emphasis on training and engagement programs or by investing in areas that will optimize expenditure, such as integrated technology systems or improved candidate attraction schemes. The signs are that HR departments are preparing to maximize their resources and staff as organizations look to grow." The Evolution of HR Professionals Coach. Counselor. Employee advocate. Business strategist. As the business world changes, so does the role of HR professionals. Since human resources is a business-driven function, effectiveness depends on a thorough understanding of the strategic corporate direction, as well as the ability to influence key policies and decisions. In addition, human resource management challenges must be defined and solutions determined in order to succeed. Today's Top 10 Human Resource Management Challenges Due to the fluctuating economy as well as local and global advancements, there are many changes occurring rapidly that affect HR in a wide range of issues. In the Survey of Global HR Challenges: Yesterday, Today and Tomorrow, conducted by PricewaterhouseCoopers on behalf of the World Federation of Personnel Management Associations (WFPMA), several challenges for human resource management were revealed. This survey, which concluded that "despite national and regional differences, there was...
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...“Nordstrom: How to Succeed by Selling Just One Shoe” Hassan Suluki Strayer University MKT 100 02/24/2011 “Nordstrom: How to Succeed by Selling Just One Shoe” Identify the type of retailer that Nordstrom’s is classified as and describe the characteristics it shares with other retailers of this type. A store like Nordstrom has built a successful model on availability of knowledgeable salespeople, and other luxury or near-luxury retailers would be advised to pay attention. But a mass retailer like Target is not dependent on “high touch” customer service; rather, the most important things it can do to satisfy its shoppers are to ensure that goods are on the shelf and the checkout process is efficient. As more consumers migrate to “mission shopping” (walking into a store looking for a specific item), the self-service model becomes more important. Consumers are also becoming accustomed to more control through online and mobile shopping. But there is still a place for good CRM, even in the most hands-off models of “customer service.” Nordstrom is classified as an Upscale Department Store Chain. Today, Nordstrom is one of the nation's leading fashion retailers, offering a wide variety of fine quality apparel, shoes and accessories for men, women and children at stores across the country. Nordstrom shares the same characteristics as Macy’s, JC Penny's and Dillard's who also sells clothing, accessories, handbags, jewelry, cosmetics, fragrances, and in some locations, home furnishings...
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...a person truly values will drive his or her actions and behaviors in the workplace (Pohlman and Gardiner, 2000). Using the value theory as a foundation, we wanted to know whether Americans and Indians are focused more on completing tasks or maintaining relationships. It is important for managers, leaders, and working professionals to reflect on their relationships with people of different cultures and examine how differences in context can lead to cultural misunderstanding for overseas employees living or working in India or the United States (Cavico and Mujtaba, 2011). This paper analyzes the relationship similarities and dissimilarities between American and Indian respondents. It is almost impossible for a manager or a company to succeed in today's global workplace without relevant knowledge and understanding of issues that pertain to their employees' age, education, gender, and culture (Mujtaba and Cavico, 2010). Mujtaba and Balboa (2009) explain that context indicates the level at which communication occurs outside of verbal discussion. Understanding the effect of the differences in context provides a knowledge base and cultural intelligence that can help provide not only strong teams but also more over effective business relationships with a firm's vendors and customers (Hall, 1976 and 1998). Watkins and Liu ( 1996) assert that the quality of social interactions between individuals in a collectivist culture (such as India) depends heavily on whether or not they belong to the...
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...Preventing Data Security Breaches And Identity Thefts Information Technology Essay Current online marketing strategies deliver immense benefits to the modern global firm by way of better market reach, cheap and convenient transaction possessing, multiple online payment options and real time consumer data management. Marked benefits are commonly discernible in the area of internet based business-to-business or B2B, and business-to-consumer or B2C e-commerce models. These online commerce models rely on digital marketing for their success, which in turn in essentially a remarkable success of information technology and data management techniques. However, the growth of digital marketing is getting severely affected by the misuse of technology by criminals and unscrupulous persons in various ways. Such misuse of technology encompasses identity theft, data loss and other data security breaches. Increasing information security breaches and cases of identity theft in recent times threaten the marketing of products and services either online or offline like never before. This paper attempts to understand issues and outcomes of identity theft, data loss and security breaches on the present and future global marketing environment by examining several secondary sources of information. 2. What is identity theft? We can help you to write your essay! Professional essay writers Our writers can help get your essay back on track, take a look at our services to learn more about how we can...
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...Introduction to Supply Chain Management Technologies Second Edition Introduction to Supply Chain Management Technologies Second Edition David Frederick Ross CRC Press Taylor & Francis Group 6000 Broken Sound Parkway NW, Suite 300 Boca Raton, FL 33487-2742 © 2011 by Taylor and Francis Group, LLC CRC Press is an imprint of Taylor & Francis Group, an Informa business No claim to original U.S. Government works Printed in the United States of America on acid-free paper 10 9 8 7 6 5 4 3 2 1 International Standard Book Number-13: 978-1-4398-3753-5 (Ebook-PDF) This book contains information obtained from authentic and highly regarded sources. Reasonable efforts have been made to publish reliable data and information, but the author and publisher cannot assume responsibility for the validity of all materials or the consequences of their use. The authors and publishers have attempted to trace the copyright holders of all material reproduced in this publication and apologize to copyright holders if permission to publish in this form has not been obtained. If any copyright material has not been acknowledged please write and let us know so we may rectify in any future reprint. Except as permitted under U.S. Copyright Law, no part of this book may be reprinted, reproduced, transmitted, or utilized in any form by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying, microfilming, and recording, or in any information storage or retrieval...
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