Theory of Business (TOB), Business strategy and more – A case study
Bertelsmann AG is the largest media and entertainment group in Europe and the second largest in the world to U.S. based Time Warner, Inc. Bertelsmann...
Applying NPV, ROI – An example to guide IT strategist to evaluate IT investments
Case Study: Opportunity A: Your bank is looking at an optical character recognition (OCR) system to further automate the check processing function. Check processing is...
Preparing Marketing Plans – Sample one for Amazon.com – A handy tool for strategic IT managers
Overview Amazon.com offers Earth’s largest selection of online products. Being the #1 online retailer, it offers the most advanced and innovative ways of e-commerce that...
Theory Of Constraints (TOC) – A Case study (AOL, FCC, Verizon) based analysis
All organizations strive for excellence. The Theory of Business (TOB) of any company is considered the deciding factor, which determines the degree of excellence and...
M-Commerce? How could your company take liverage out of it?
Its my pleasure to introduce you to the emerging world of m-commerce and how your company can take a competitive edge by harnessing this technology...
Force Field Analysis – How could IT managers use it?
Force field analysis is a tool used for analyzing the supporting and opposing forces behind a change process. Managers use it to identify the stakeholders...
Technology Cycles and Innovation
Technology cycles and innovation are two useful phenomena that can be used to explain how competitive advantage of companies can be maintained over time. Technology...
Costs and Benefits of Planning
Planning has advantages as well as disadvantages. This means that even though planning aids in improving organizational and individual performance, it might not work very...
“Cognitive Dissonance” and how to ease it
Cognitive dissonance is an insecure feeling, or lingering doubts, consumers sometimes have after making large purchases. One way to reduce Cognitive dissonance (CD) is to...
Influencing Problem recognition of customers
The consumer can be influenced by exposing him to some stimuli that makes him realize about his potential need or desire for something. A good...
Market segmentation
Market segmentation is the process of separating the varied market into segments, each of which has similar characteristics. For example, a cosmetic company may segment...
Simple NPV & ROI calculation (Example 001)
Case: A company invests $15000 and receives a $11000 cash benefit at the end of the first year and a $12100 cash benefit at the...
Accounting Vs Financial Management
Accounting can be considered as an information system that provides various tools to summarize financial performance or economic activities of an individual, family, organization or...
Balance sheet and Income Statement? – Another baisc stuff that IT manager need to know
Balance Sheet gives the snapshot of the business’s financial position at a particular instance. It basically measures the wealth of a business firm at that...
Assets and Liabilities for an organization – Yes basic stuff for anything including IT strategic planning
Assets and liabilities are the two major entities that find an entry in a business’s balance sheet for measuring its wealth. Assets are items owned...
Process Control and Process Improvement
Process Management has its relevance when managers begin to conceptualize business activities as interdependent processes instead of functions and tasks. The basic requirement towards effective...
Adopting "Systems View" while Process Improvement
Systems view refers to analyzing a problem situation as a system of interdependent processes that exchange input and output. This view helps to identify the...
Equity Theory – How could we motivate effectvely in an organization
Equity theory states that a person is motivated when he perceives that he is treated fairly. He usually picks a colleague who works with him,...
Different kinds of diversity in organizational settings
Two major types of diversities is notable in an organizational setting, which every IT manager should take into consideration – Surface level diversity are those...
Working as team, not always good in an organization
Working in teams does not always ensure positive results. Two possible disadvantages are large number of employees quitting the job and “Social Loafing”. Teams require...
Managers and their focus on diverse work force
Managing diverse workforce is a crucial skill for a manager since there exists both surface level (demographic, cultural and language) and deep level (personal differences...