The role of Internet Technology in today’s world

The regulatory demands are mounting. The 24/7 businesses are growing and there is a lurking fear of an uncertain economy. All these underline and highlight the importance of managing risks. These risks are considerable in IT management and need to be addressed through a well-planned strategy that is implemented effectively with little room for errors. This implies that the role of IT management is evolving and puts the highest responsibilities on the shoulders of the IT managers. IT management comes out to have the most far-reaching results. It can directly affect the competitive position of the company. It can also affect the company’s reputation with its partners, customers and other stakeholders such as the regulators.

If viewed from the outlook of business, the IT management incorporates a role that is very much critical in safeguarding the assets of a company. It also is essential for ensuring compliance and proper governance. It also drives business growth. It is no longer regarded as being a technical function entirely but is now viewed as an important management task which provides benefits to the company.

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However, despite the importance of IT management for allcompanies where IT has come out as the core of the business’ operations, wehave not seen a rise in the importance of IT management on the same scale. IT management is extremely important in the sense that it helps achieves the goals of the company. It is responsible for the arrangement of the factors of production. It is also responsible for assembling and organizing the resources while integrating the resources in an efficient manner so that the objectives of the company can be achieved. In short, IT management is the conversion of disorganized resources, people, money and machine into a useful organization. The entire workforce, assets and money of the company are directed, coordinated and controlled in ways that would enable the organization to work towards the fulfilment of the goals. Success of the organization cannot be achieved without a strong IT management. 

Though its importance is not accepted as it should be by many organizations, still sooner or later one day, allorganizations will realize its significance. Information technology trainingcan help managers determine the impact of new technologies and how to adapt them for business processes. Try to envision how web 2.0 changes traditional business models is difficult when you have no knowledge of how these new technical applications are to be used from a business’s point of view. First and fore more most managers must take it upon themselves to become proactive by keeping knowledge of emerging trends and understanding them not only from a technical stand point but evaluating them from a higher level strategic standpoint.