I believe I can fly
The theme of my blog is 'Believe in Ourselves'. The message is to continuously explore and learn new things in life. It is possible to make all our dreams come true, just think positively and discover how to awaken the hidden powers within us, this is because we are what we think. Our thoughts are evaluated by whether our attitude is positive or negative. Positive Mental Attitude can help us do wonders. Just believe in ourselves, everything is possible.
Management of Information System
Management Information Systrem (MIS) refers to the ability of an organization to buy IT services that deliver business application over the internet, helping organization meeting their business objectives for profitability and reduce operational expenditures. other strategic changes include green computing, active data warehousing, real-time data alerts, search engine marketing and the commercialization of social working. Roles of Information System: (a)Reduce cost & Create Value to Operation (b)Strategic Business Objectives of Information System (c)Operational Excellence (d)Create New Products, Services & Business Models (e)Customer & Supplier Intimacy (f)Improve Decision Making (g)Competitive Advantage (h)Company Survival
Friday, 15 April 2011
Transformation & Value-Chain
In tranforming any organization in the digital economy, it is important to understand the components in a Value-Chain, the parties involved in the process of transformation. this helps in ensuring the tranformation will be implemented effectively because everyone in the chain plays important role in making the tranformation a success.
Saturday, 9 April 2011
The emergence of the Virtual Organization
Organization finds a new way to compete with end in mind to sustain competitive advantage through IT. The development of virtual organization connecting the end to end process in a value chain, includes customers, research centres, suppliers and distributors has help a lot in ensuring profitability and high return on investments. The challenge of organization in ensuring effective implementation of MIS is a Challenge itself.
One of the most shared success story was Amazon.com. Based in Seattle, USA, the company has grown from a book seller to a virtual Wall Mart of the Web selling products as diverse as music CDs, software, office products, electronics, toys, games, cookware, hardware, food, and health products. The company has also grown at a tremendous rate with revenue rising from about US$150 million in 1997 to US$5.2 billion in 2003.
One of the most shared success story was Amazon.com. Based in Seattle, USA, the company has grown from a book seller to a virtual Wall Mart of the Web selling products as diverse as music CDs, software, office products, electronics, toys, games, cookware, hardware, food, and health products. The company has also grown at a tremendous rate with revenue rising from about US$150 million in 1997 to US$5.2 billion in 2003.
What was the secret? The answer is Jeff Bezos, the founder of the company, broke the rules of the book business by using the Internet rather than conventional distribution channels.
Organization and IT Strategy
Organization must set a clear direction prior to initiate the IT strategic planning process. company must determine the use, value and impact of IT to identify opportunities and create value that support the organization's strategicvision. IT can add value to organization by boosting the company's revenue and cost reduction. The accouting term PATAMI (Profit After Tax and Minority Interest) is about increasing profit by increasing revenue and reduce cost.
Wednesday, 30 March 2011
Tranforming Organization In The Digital Economy
The major role of IT in the journey of tranformation into digital economy is to provide organization with strategic advantage by facilitating problem solving, increasing productivity and quality, increase speed, improve customer service, enhancing communication and collaboration and enabling business process restructuring.
Organization need to stay competitive and ensure sustainable profit in meeting stakeholders expectation. new ideas are encourage, innovative initiatives are expected from the people in order to be different. Talking of IT we are talking of data, converted into information, turned into knowledge so as to enable organizations to collectively and systematically capture, store, create, share and apply knowledge, to better achieve their objectives.
Although there is nothing new in managing knowledge, what is new is about doing it collectively and systematically using some new strategies, new innovative knowledge processes, knowledge communities and networks, with new supporting and enabling tools and technologies. The benefits to the organization can be highly strategic and transformational, as well as operational. So what are these new strategies, processes, knowledge networks, tools and technologies that have enabled a new and much better way of knowledge working? The answer is "The New Technologies" which have provided us with totally new ways of working across the globe and offer tremendous potential.
Going Places
Time Management Tool
TOOL 2 : Goal Planning
TOOL 3 : Eight Tips for Time Management
(1) Know what is important (2) Consciously plan your time (3) Choose how you communicate (4) Write in your diary about changing your plans (5) Avoid being driven by your diary, you can do something else with the time
(6) Know when you are at your best, and schedule quadrant 2 activity for that time (7) Make the most of 10 minutes - many tasks can be done in a "spare" 10 minutes, including taking a relaxation break (8) Periodically review your time effectiveness against the quadrant map, and against your goals
Tuesday, 29 March 2011
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