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In today's competitive landscape, companies must excel in managing Information Resources and Technology to improve performance. Key areas of focus include reducing cycle times and asset levels, accelerating new product development, enhancing customer service, empowering employees, and fostering knowledge sharing. Despite these needs, many organizations face pitfalls such as failed projects, rising costs with little return, and disruptions caused by poor performance management. This guide offers insights into common challenges and strategies for effective Information Systems management.
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Compo 15 Prepared by: Dr. Faustino Reyes II
Introduction to IRM • Managing Information Resource and Technology • ……..Companies need to be proficient in the following key areas: • Reduced Cycle Times • Reduced Assed Levels • Faster Development of New Products • Improved Customer Service • Increasing Empowerment of Employees • Increased Knowledge Sharing and Learning • According to Harvard Business Review
Poor IS Performance • Well-known, Oft-repeated ITPitfalls(drawback/problem) • Botched(failed) development projects • Escalating(increasing) costs with no apparent economic benefit • Organizational disruption (disorder) • Technical glitches (error)