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Impact of IT on Organizational Management Aspects - Desklib

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Added on  2023-06-08

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This article analyzes the impact of IT on organizational management aspects, with a focus on Woolworths Company. It discusses the role of information technology, benefits of using Cyber computing enterprises resources planning, changes in strategic management, and more.

Impact of IT on Organizational Management Aspects - Desklib

   Added on 2023-06-08

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Table of Contents
INTRODUCTION...........................................................................................................................................2
Description of company...........................................................................................................................2
Role of information technology...................................................................................................................2
Organizational management aspects..........................................................................................................3
Use of IT (Cyber computing enterprises resources planning) in strategic management.............................4
Benefits of using the IT (Cyber computing enterprises resources planning) in organization management.5
Changes in the strategic management of Woolworth after adopting Cyber computing enterprises
resources planning......................................................................................................................................5
Conclusion...................................................................................................................................................7
Impact of IT on Organizational Management Aspects - Desklib_2
INTRODUCTION
With the changes in technologies and ramified economic growth, each and every
organization is inclined towards using the advance technologies and system process to keep tis
business ahead from those of others in industry. The advance and innovative technologies assists
in developing effective outcomes and creating core competency in product differentiation
leadership strategy. It is analyzed that all the strategic decisions are taken by the managers with
a view to strengthen the overall outcomes and efficiency of the business in long run. It is
analyzed that information technology is the key enabler to strengthen the overall satisfaction
level of clients and improving the overall functioning of organization. This assignment focuses
on the aftermath of incorporating technologies and system process in the Woolworths Company
and how it has resulted to alteration in organization’s management aspects.
Description of company
It is major Australian company which is indulged in offering the extensive retail interest
group operating its business in Australia and New Zealand. It is the biggest retail store
organization. The current share price of Woolworths is traded at WOW (ASX) A$ 28.54 +0.30
(+1.06%) which reflects 30% high increment in its share price since last three years. Currently
company adopted the cyber computing enterprises resources planning in its business system to
establish automation in its value chain activities and extend its business units to cover online
business functions.
Role of information technology
With the changes in time, information technology is vastly becoming a key lever which
management could use to deliver the operational benefits by reducing the costing of the process,
avoiding the possible losses in the process and gaining more market share. The main role of the
information technology is to focus on setting up the automation in the process. This will allow
organization to eliminate several manual works and strengthen the overall outcomes in effective
manner (Fard, and Lafvat, 2015). It is analyzed that if company could use this information
technology in its process then it will dramatically change the undertaken work program
especially in the retail business process. For instance, in case of Woolworths, managers need to
set up the online payment circle for its clients so that they could use their debit cards, credit card
and other card less payment modes. It will allow company to strengthen the overall outcomes
Impact of IT on Organizational Management Aspects - Desklib_3

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