Table of Contents INTRODUCTION...........................................................................................................................3 TASK 1............................................................................................................................................3 Analyze the use of IT system with various types of function in the organization......................3 IT system contribute to the achievement of objectives and specific in Bain & Company.........4 TASK 2............................................................................................................................................5 AnalyzehowITsystem,storeandprocessdataforknowledgemanagement,data management, customer relationship management and communication management................5 TASK 3............................................................................................................................................6 IT system can be used and support to the value added changes for improving the business operations, sustainability and performance.................................................................................6 TASK 4............................................................................................................................................7 RecommendPracticalITsystemsolutionfor the organizationalscenario and business problems in the workplace.........................................................................................................7 CONCLUSION................................................................................................................................9 REFERENCES..............................................................................................................................10
INTRODUCTION Business information is the system that create an effective relationship between the people and technology in the organization. This information system provide the entire automate processor and system of goals and objectives of the business. This report will discuss about the bain & company management consultancy that provide the different options to the people. This assignment will discuss about IT system that useful in the organization because it can perform different functions for growth and development. Furthermore, this report will provide IT system that always contribute towards the business goals and achievements of this organization. At last task, IT system is the applicable in the business process and support to add value while changes will help for increasing the performance and sustainability of the business. TASK 1 Analyze the use of IT system with various types of function in the organization. IT system is the main part of bain and company firm that support to identify the new candidates therefore, this organization is also hired the people by using IT system. It is the reliable service provided to the customers. This organization uses modern technology to increase the performance of business process. It is playing important role in the data processing and decision marking. If this system used in proper manner, it can positively impact towards the performance of organization and their revenue (Chu, So and Chung, 2018). There are different types of function performed in this organization which applicable IT system effectively and efficiently. Marketing and sales information system-Marketing and sales activities are basically depended on the promotions, planning and selling the good product or service in marketplace. Bain & company is using the different tools and platform that help for managing the product services in marketplace. In this way, it easily understands the need and requirement of client or objectives of organizations. Information system will support to the decision making towards the marketing mix such as promotions, price, place and products etc. Information system is designed in the best ways to achieve their goals and objectives. This system is collecting all the data related the client and people. It is the fundamental concept to manage the quality of entire business system by using the technique of information technology system.
Human resource's system-Human resource management system is the best approach for bain & company. This firm has human resource department to handle the business operations and function in effective manner. They also used the information technology to perform different operations and functions which is required for identifying the need and requirement of customers. HR department is handle the details of business and also maintain their tasks such as recruiting and work force management, compensation and benefits etc. Human resource manager is plans recruitment process for the long terms by using information technology system (Kasemsap, 2018). It provides the facilities to maintain the life cycle of functions such as terminations, hiring, promotions and transfer etc. These are important function that performed in the organization with the help of information technology system. HR department is a crucial part of firm to manage the entire business activities and also coordinating with the other department for sharing the information. Manager always influence to team members to focus on their specific goals and objectives. Accounting and finance information system-Financial function always happen in the organization because the flow of money and assets into and out of the firms. IT system will help for protected the different information of finance and account such as payroll records, Accounts receivable records, Inventory control records and account payable records etc (Kerzner and Kerzner, 2017). Accounting and financing is the most common departments that handle all the overall investment budget of company. IT system help for automatically store the data on their database system. IT system contribute to the achievement of objectives and specific in Bain & Company IT manager is the responsible person to manage the entire business need and requirement. They also planning, justification and evaluation of the business growth and development. It is necessary for organization to coordinate with the project team to understand the purpose of their current project. IT system is contributed towards the organization's goals and objectives. Information system is basically combination of IT and people activities by using the technique to support its decision making, operations and management system. Data is the important part of organization that collect the information(Luftman, Lyytinen and ben Zvi, 2017).Sometimes, it is difficult to process the data maually that's why, it can be used IT system, that help for managing the data in proper manner. In this way, the data can be proceed in very fast speed and
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generate the information quickly. There are different benefits of the Information technology system in the bain & company. Easy backup processing Tax preparations central access record keeping customer trait identification central distribution of information For Example- In Bain & Company, IT manager always trying to increase the performance and efficiencyofbusinessprocessbecausetheyputtingsomeinnovativeideastowardsthe development. IT services help for maintaining the performance of overall business operations and functions. In this way, information technology services contribute towards the organization to manage the business efficiency and performance. TASK 2 Analyze how IT system, store and process data for knowledge management, data management, customer relationship management and communication management Information technology system is a process which useful for managing the entire data of business process because it provides the safety and security in effective ways. Information technology system is the best approach that collecting the information or data and process for the Knowledge management-Knowledge management system is important for organization where the employees are gathered knowledge by discussion. This knowledge process will provide the competitive advantage for staff members as well as firms (Maurino and et.al., 2017). Knowledge management process is highly iterative method that consist with the different tasks such as refine data, create, tag, capture and circulate etc. First of all, it can create or capture data and then store in the proper locations. It is necessary to transmit information to another stakeholder. In this way, Information technology system help for improving the business efficiency and performance. Data management-Data management system is required for Bain & company that used IT system to resolve the problem and issue in the organization. IT manager is added some effective features on their system that support to automatic save the data in effective ways. Bain & company used the database tool which is beneficial for company to handle
the different types of information. An organization has large number of data-set that perform different operations and functions. Customer relationship management-IT system is playing important role in the organizationbecauseithelpsformarinatingthecustomerrelationshipwiththe management system. Customer relationship management is required for identifying their need and requirement. Bain & Company always maintain their good relationship with customer (Nicholas and Steyn, 2017). IT system help for design another option to directly understand heir problem and providing the facilities on time. It is a type of strategy for managing the firm relationship and interaction with the potential customers. In this way, This firm is also increased the productivity and profitability in marketplace. Customer relationship matter's for the business process to create an effective brand image and value in the global worlds. Communication management-communication is the key element of firm to interact with another person to identify the requirement. IT Manager must communicate with another department to handle their specific operations task and performance by using IT services. In bain & company, Manager always communicate with the leaders and other staff members which is essential for build good relationship between them. TASK 3 IT system can be used and support to the value added changes for improving the business operations, sustainability and performance Information technology can improve the overall performance of business process. Bain & company uses the effective and efficient management system that has been planned for long term goals and objectives. IT system impact on the environmental sustainability of business because technology help for promoting the sustainability therefore, modern technique plays important role for managing the business operations and function in effective manner. IT system progress to increase the efficiency and also added some value for creation with less consumption of natural resources (Ross McEvilley and Oren, 2018). In this way, business will progress their functions all over the world with the help of IT system. Economic efficiencies and their benefits can be achieved the expenses of the environment. There is no business imagine without IT system becauseitisthelatest trend therefore, Alltheorganization usethetechnology forthe
communication process. It also controlling and accounting the business process. Information technology system helps for create positive relationship between IT investments, increase the economic productivity and business values all over the world. The enterprise resource planning allows for increasing the substantial performance and automatically perform manual processing. It system is directly impact on the sustainability performance of the company and also investigate the entire economies for the organization (Sledgianowski, Gomaa and Tan, 2017). IT system is directly impact on the business operations and their functions because in marketplace, there are lot of competitors that effect the business image and market value . Information system help for maintain the business process and also used the different tool which provide the facilities process improvement of the sustainment. The main advantage of IT system to properly implement the manufacturing execution system for the real time process. This approach will provide the best quality of service to the consumers. It is based on the well documentedprocesstoincreasetheoverallefficiencyoftheorganization.Information technology provide the automated work instruction and eliminate the paper instruction. In this way, the operation can be performed on time (Taneja, 2017). Bain & company is used the modern technology to increase their business process because this will help for improve the efficiency as well as performance. IT manager is important part of organization because they manage the entire network system of IT in proper manner. Sometimes, there are many threats generated due to the mismanagement that's why, manager is handle the entire process and activities of business. TASK 4 Recommend Practical IT system solution for the organizational scenario and business problems in the workplace. IT system solution is recommended for bain & company that adopted new techniques like cloud computing which support for protecting the data and information of business. Data processing is necessary for the organization that requires cloud technique to improve the capabilities and efficiencies for enterprises. IT manager is the responsible person to check the availability of resources for establishing the cloud services. At the time business process, there are different problems and issues generated due to large number of data in the company. It also created unwanted issues in the database system. Manager is planning an effective strategy that help for managing the data processing service effectively and efficiently. Cloud planing is the
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best option to keep their data and application manage by themselves. In the future, it also applicable for establishing the network or preparing for the organization (Tao and et.al., 2017). There are different types of solution provided by cloud services in the organization at their workplace. Automation of enterprises process-Information technology service is provided the organization to develop the automated process for the enterprise. Cloud service is a technology that used for save the extra time and utilize to concern about the different task. It is also speeding up the business process significantly. Working remotely-IT services provide the benefits to the organization and having ability to remotely access the network system. In this way, employee can easily complete their work on time. This process is efficient and not required to present the work place. According to the Hay group, this organization is mainly concern about the different management to provide the best service to the client in marketplace. This firm is also used the cloud service to protect their data and details of client. IT system will help for improve the business efficiency and performance, speed etc. Protecting information-Cloud service help for adding the data and information on cloud which is based on the database system therefore, all the business transaction, payment client details stored on it. It is the best technique to check the information at any place within seconds (Trantopoulos and et.al., 2017). IT system is the relevant technology to protect the important information in proper manner. Information protection is an essentialfororganizationbecausemanyotherhackercandamagethedataand information easily. According to Detica, this is the based on the business and technology firm that handle the business process by using modern technology. This firm is used to target the consumer and provide the best quality of services to their clients. This organization used the different tools and platforms to promote their service which is essential for growth and development. Most probably, Detica can be achieved their specific goals and objectives due to the smart techniques like cloud service. This organization is stored their data on cloud because it provides the facilities and services to manage their data processing concepts. Mobile technology-It is the most common technology to pick the efficiency, speed and convenience. All the customer used the mobile technology to access the information on
their official website. This technology can be used the business communication to share the details from one node to another in proper manner. It can improve the efficiency at the work place to increase the productivity and profitability in marketplace. CONCLUSION As per discuss, it concludes that Business information is the system that create an effective relationship between the people and technology in the organization. This information system provide the entire automate processor and system of goals and objectives of the business. This assignment discuss about IT system that useful in the organization because it can perform different functions for growth and development. This report discuss about the bain & company management consultancy that provide the different options to the people.Furthermore, It summarized IT system that always contribute towards the business goals and achievements of this organization. As per report, it can be identified that Information Technology system is the best technique that applicable in the business process and support to added value for the purpose ofchange policies due to growth and development. IT system help for increasing the performance and sustainability of the organizations business.
REFERENCES Books and Journals: Chu, A.M., So, M.K. and Chung, R.S., 2018. Applying the randomized response technique in businessethicsresearch:Themisuseofinformationsystemsresourcesinthe workplace.Journal of Business Ethics,151(1), pp.195-212. Kasemsap, K., 2018. The role of information system within enterprise architecture and their impactonbusinessperformance.InGlobalBusinessExpansion:Concepts, Methodologies, Tools, and Applications(pp. 1078-1102). IGI Global. Kerzner, H. and Kerzner, H.R., 2017.Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Luftman, J., Lyytinen, K. and ben Zvi, T., 2017. Enhancing the measurement of information technology (IT) business alignment and its influence on company performance.Journal of Information Technology,32(1), pp.26-46. Maurino, D.E and et.al.,2017.Beyond aviation human factors: Safety in high technology systems. Routledge. Nicholas,J.M.andSteyn,H.,2017.Projectmanagementforengineering,businessand technology. Routledge. Ross, R.S., McEvilley, M. and Oren, J.C., 2018.Systems Security Engineering: Considerations for a Multidisciplinary Approach in the Engineering of Trustworthy Secure Systems [including updates as of 1-03-2018](No. Special Publication (NIST SP)-800-160). Sledgianowski, D., Gomaa, M. and Tan, C., 2017. Toward integration of Big Data, technology andinformationsystemscompetenciesintotheaccountingcurriculum.Journalof Accounting Education,38, pp.81-93. Taneja, N.K., 2017.Driving airline business strategies through emerging technology. Routledge. Tao, F and et.al., 2017. Advanced manufacturing systems: socialization characteristics and trends.Journal of Intelligent Manufacturing,28(5), pp.1079-1094. Trantopoulos, K and et.al., 2017. External knowledge and information technology: Implications for process innovation performance.MIS quarterly,41(1), pp.287-300.
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