1M.Com., MBA., PhD., FDPM (IIM-A) Professor- Marketing Registrar, Dr B.R. Ambedkar University, Srikakulam, Etcherla - 534210 (AP)
2Associate Professor, Dadi Institute of Engineering and Technology, NH-5, Anakapalle, Visakapatnam (AP), India
Online published on 26 June, 2013.
In lieu of a profound research interest on the growth pattern of financial commitment and deployment of large scale monetary resources on Information Technology within organisations, Information and Communication Technology personnel and strategic planners are increasingly demanded to rationalise investments on IC-Technology enabled solutions. This is to cite that, there is a notion that corporations not only maximise the profits of embracing IC-Technology but also can avoid many inherent and non systemic risks (Political, Economical Social, and Cultural) that are an offshoot of rapid technological transformation. This research is framed within the present trends in strategic management of IC-Technology – with a keen objective to maximise IC-Technology advantages. The study is based on a recent pilot study of a focus group of a number of organisations representing various industries as part of a larger study to understand the key relationships among Supply Chain Management, IC-Technology and Strategic Planning. This study is limited to the IC-Technology review and looks at latest developments in the adoption of (and financial investment on) IC-Technology - which has yielded in an ever-increasing focus on the patterns in which IC- Technology solutions are ideated for and embraced. In the background of a brief review of ideation approaches, the study outlines many of the pilot study yields that were mentioned earlier. Initial results indicated that on the normative, many organisations did not adopt a formal procedure for strategic planning for and the governance of IC-Technology initiatives.
Technology Management, Strategic Management and Planning, SCM, IC- Technology