In this chapter, the following content will be discussed: The organizational environment, goals of new work environment, technology environment, simple model vs better model, framework of is management, case study. | Organizational Environment Lecture 3 Today’s Topics The Organizational Environment Goals of new work Environment Technology Environment Simple Model Vs Better Model Framework of IS Management Case Study The Organizational Environment The way IT is used depends on the environment surrounding the organization that uses it Simultaneously, technological advances affect the way IT is used 1-3 3 The Organizational Environment cont. The External Organizational Environment IT allows information to move faster, thus increasing the speed at which events take place and the pace at which individuals and organizations respond to events. The Internet Economy B2C, B2B etc. IT is a major underpinning of the way the ‘old’ and ‘new’ worlds interface 1-4 4 The Organizational Environment cont. The External Organizational Environment cont. Global Marketplace The entire world has become the marketplace The Internet allows companies to work globally Globalization is a ‘two way street’ Internet allows small | Organizational Environment Lecture 3 Today’s Topics The Organizational Environment Goals of new work Environment Technology Environment Simple Model Vs Better Model Framework of IS Management Case Study The Organizational Environment The way IT is used depends on the environment surrounding the organization that uses it Simultaneously, technological advances affect the way IT is used 1-3 3 The Organizational Environment cont. The External Organizational Environment IT allows information to move faster, thus increasing the speed at which events take place and the pace at which individuals and organizations respond to events. The Internet Economy B2C, B2B etc. IT is a major underpinning of the way the ‘old’ and ‘new’ worlds interface 1-4 4 The Organizational Environment cont. The External Organizational Environment cont. Global Marketplace The entire world has become the marketplace The Internet allows companies to work globally Globalization is a ‘two way street’ Internet allows small firms to have a global reach Business environment is now global, but local tastes still matter 1-5 5 The Organizational Environment cont. The External Organizational Environment cont. Business Ecosystems Decapitalization Tangible items, such as capital, equipment and buildings were the tenets of power in the industrial age Today = power of ‘intangibles’ such as ideas and knowledge Managing talent = as important as . managing finance 1-6 6 The Organizational Environment cont. The External Organizational Environment cont. Faster Business Cycles Rely on IT Accountability and Transparency Rise and fall of dot-coms probably should have been expected Many business plans could not make $$$ Debacle in Telco and business shenanigans have shaken investor confidence Call for greater transparency of corporate operations and greater accountability of corporate officers IT will play a significant role in implementing the ensuing regulations and fostering transparency 1-7 7 The Organizational .
