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BA 471 Management Information Systems Workforce Topics; IT As An Investment
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Workforce Topics Mergers & Acquisitions & IT “Do more with less” Eliminate redundancy Streamline process Achieve “synergies” What does all that mean to technology?
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Workforce Topics IT Careers Consulting Support Development Sales Operations Project Management Network administration Security
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Workforce Topics Contractors and FTE’s Contractors as “staff augmentation” Contracting firms “High level” consulting
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IT As An Investment Market forces and salaries Changing work levels Downsizing / “Right sizing” MONEY Magazine and Salary.com researched hundreds of jobs, considering their growth, pay, stress-levels and other factors. These careers ranked highest. 1. Software Engineer6. Market research analyst 2. College professor7. Computer IT analyst 3. Financial adviser8. Real Estate Appraiser 4. Human Resources Manager9. Pharmacist 5. Physician assistant10. Psychologist
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Workforce Topics Global Workforce What’s “flattening” the world? Internet Open Source Software Talent & education in India, China Search capability All promote COLLABORATION
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Workforce Topics Remember this? How does it help with onshore/offshore work? PhaseActivity InitiationDiscover, investigate problem; set goals PlanningStart planning; get money RequirementsAnalyze what's needed; write it down DesignDetermine how to meet what's needed Implementation/ ConstructionCreate, acquire, install TestVerify system meets goals, requirements MaintainMonitor, repair, evaluate, adjust, "care and feeding"
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Workforce Topics Virtual Team Organization – Tech Project example
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IT As An Investment ROI on IT Initiatives Calculating the cost of IT work Planned revenue increases Planned cost reduction Investment elements to consider Internal Labor Capital purchases (hardware, software) Depreciation Consulting assistance TCO
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IT As An Investment TCO includes: Training Additional labor to monitor, maintain Upgrades to infrastructure (HW, OS) Application enhancements, fixes SW licenses Support (Help Desk, Security, etc.) Expense or capital? For how long?
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IT As An Investment Financial Treatment of IT initiatives FASB Rules Alignment of FASB Rules with Project Life Cycle Financial adjustments when projects are CANCELLED Who “owns” financial reporting/ responsibility for IT initiatives?
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IT As An Investment Measurements of IT efficiency and success Financial return Project success Cost Schedule Performance Quality
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IT As An Investment Balanced Scorecard: IT’s Role MBO: Management by Objective Set Objectives for technology, technology organization Monitor, measure and report, just like any other business process Scorecard outcomes (positive, negative)
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IT As An Investment Balanced Scorecard
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IT as a Competitive Advantage Five Forces Model SUPPLIER POWER THREAT OF SUBSTITUTES BARRIERS TO ENTRY BUYER POWER Degree of Rivalry
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