The Impact of Information Technology on Small Business. Technology to Make Meetings More Efficient and Effective. If you’re like many people in business these days, an ability to be in two places at once would do a lot for your bottom line.
While you can’t quite achieve that, today’s technology does make it at least partly possible. That’s because Web conferencing lets you meet with anyone, anywhere, in real time from your computer or your mobile device—wherever you happen to be. It combines desktop sharing through a Web browser with phone conferencing and video, so everyone sees each other and sees the same thing—it’s just like you’re all in the same room. What The Research Reveals A study by Outsource Research found half of all meetings are spontaneous and mostly in the main workplace. With Web conferencing, people in remote offices, traveling or working at home can all still join in easily and instantly—even if the meeting is ad hoc. You can even schedule, host and attend meetings right from your iPhone, BlackBerry or any other Wi-Fi or 3G-enabled mobile device. Web conferencing lets you: How Information Technology Is Leveling the Playing Field, Telecommunications Article - Inc. Article.
E-mail, networks, and easy-to-access databases are enabling small businesses to play ball with the big boys Can information technology (IT) make a David seem like a Goliath?
According to the CEOs and company presidents we spoke with, the answer is an unqualified yes. In today's world of networked databases, E-mail, CD-ROM subscriptions, and teleconferencing, success is determined less by size than by technological muscle. Even companies of 15 or 20 can gather market data in all parts of the world, establish long-distance strategic partnerships, advertise anywhere via the World Wide Web, or hold international sales meetings -- and their employees never have to leave the office. Competing with big business is easier than ever now that IT is so affordable. With the odds evening out, it's lack of brains, not brawn, that poses the real threat for small businesses.
Another tool historically limited to large companies is the networking database. Amy Miller John Clarke Lewis Fuller Jordan Ayan U.S. How Technology Can Make You More Productive. Strategies for enabling more effective IT-Business collaboration with business rule technology. This blog examines how a Business Rule Engine (BRE) can improve Business Process Management (BPM) by delivering more agile business processes, provide practical approach to a Services Oriented Architecture (SOA), and enable effective collaboration between business and IT.
In exploring these topics, we will discuss how technology alone cannot change the way an organization does business. Effective collaboration between business and IT is essential to the success of both SOA and BPM; as Microsoft points out, "SOA by itself is not sufficient to guarantee alignment of business and IT. " A Business Rule Engine can act both as a technology and collaboration enabler; this article will explain how your organization can improve business processes and move toward SOA by focusing on these strategies.
Strategy: Streamline business processes BPM tools enable business users to define business processes using visual tools. Figure A Strategy: Externalize business logic for more agile processes Figure B. How Information and Communication Technologies Affect Decision Making. Title: The Distinct Effects of Information Technology and Communication Technology on Firm Organization Authors: Nicholas Bloom (Stanford University), Luis Garicano (London School of Economics), Raffaella Sadun (Harvard University), and John Van Reenen (London School of Economics) Publisher: Harvard Business School, Working Paper No. 11-023 Date Published: September 2010 Where on the corporate ladder are decisions being made?
How to Use Technology to Improve Customer Service. There's no denying the fact that customer service is important to a small or mid-sized business.
The quality of that service will either enhance or degrade customer loyalty to your brand and your business. With the economy in recession, customers have more alternatives than ever. The business that proves to be responsive to customer questions, complaints, or other needs can gain a clear competitive advantage. That's why it's so important to understand how new technologies can help you anticipate customer needs, tailor business processes to best serve customers, and ultimately improve the efficiency of your business – the latter of which can keep costs down.
Customer Service Technology There are a few major areas in which technology now is able to help provide key advantages to businesses in engendering customer loyalty by improving customer service: Websites. Giving Customers What They Want, When They Want It Data management and analytics. Bibliography. How Examining Trends in Technology can Improve Your Business Management, Business-Building Information.
There are several areas of business in which a business manager needs to be proficient.
These include production, marketing, managing the information systems, product research, and product development, among others. How Does Technology Improve a Business? Advancements In Information Technology Lead To Job Growth.