Term Paper on "Organizational Technology Plan"

Term Paper 10 pages (2831 words) Sources: 8 Style: APA

[EXCERPT] . . . .

Technologies and Strategic Planning for the Organization

The objective of this work is to explore and define plans for organizational technology including managers and individuals in the use of new and emerging technology.

An organizational technology strategy should include the goals of providing timely access to information and should seek opportunities to improve work processes. Further, technology projects should have an emphasis on data integration. Technology strategies for the organization should include the deployment of secure and reliable information systems. The organizational technology strategy should deliver the services in a responsive and cost effective manner and leadership should actively lead information technology strategy planning and deployment across the organization.

CURRENT TECHNOLOGY ASSESSMENT

Accountability and review are both extremely important components in a successful strategy. Activities involved in accountability and review include: (1) improving the communications of progress updates; (2) Application and refinement the use of performance measures; (3) Communication of the results of measured performance; (4) Reporting progress to multiple audiences including council, users, and technologists; (5) Monitor and report on the implementation of the strategic plan; and (6) Reviewing and refinement in a manner of updating the strategic plan on an annual basis.

VALUE CHAIN ANALYSIS

Leadership in strategic technology planning for the organization will necessarily remain open and even seeking at all times in the direction of new advances in technology that wil
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l enhance the organization's effectiveness, efficiency, sustainability, stability, and profitability. The individual in the organization who is responsible for strategic planning of technology can benefit from the advice of Sacha Chua (2007) who, in the work, entitled: "How to Talk to Execs and Clients about Social Media" published online the website the Orange Chair, in which it is stated that one must know the differences between: (1) technology, (2) features, (3) benefits and (4) value, when presenting information to both executives and clients of the organization concerning social media in the organization in order to provide examples that are concrete of all four of the above stated approaches.

Michalik (2008) states in the work entitled: "Uses of Emerging Technologies in 2008 and 2009: Virtual Worlds for Children" that at least one of the uses of emerging technology in the two years ahead will not be high tech "at least not on the surface: the technology underneath the surface can be quite complex..." According to the New York Times article entitled: "Forget Second Life: The Real Virtual World Gold Rush Centers on the Grammar-School Set" which states that in attempting to duplicate the success of "blockbuster Web sites like Club Penguin and Webkinz, children's entertainment companies are greatly accelerating efforts to build virtual worlds for children. Media conglomerates in particular think these sites -- part online role-playing game and part social scene -- can deliver quick growth, help keep movie franchises alive and instill brand loyalty in a generation of new customers." (New York Times, as cited in Chua, 2007)

According to analyst at the research firm eMarketer, Debra Aho Williamson, "Get ready to total inundation." Williamson estimates that approximately 20 million children will become members of virtual worlds by 2011, which, is up from the present 8.2 million. Chua states that the factors making virtual worlds so obviously lucrative are those of: (1) quick growth; (2) brand loyalty; (3) future customers; and (4) proven success. (2007) This thinking strategy is reiterated in the statement of Chua who states that in terms of benefits: "Kids are a great way to show some of those benefits, because kids pick up the technologies that have good WIFM value. Here's an example: At a recent kick-off meeting, one of the clients mentioned that he saw his daughter using del.icio.us to coordinate a school project with some of her classmates. Using del.cio.us. they could quickly put together and share relevant sites. And hey, if his daughter could do that, maybe people in his company could too." (Chua, 2007) Advice stated by Chua in this area in integrating social media into the organizations includes the following: (1) Listen Well: You need to pick up and use their vocabulary. You need to watch how they react. People give you plenty of cues: you just have to listen. (2) Focus on people and value: not just the technology. The technical details come later, when you're' talking to it for implementation; and (3) Tell stories whenever possible. They make your benefit and values statements concrete. (Chua, 2007)

MANAGING CHANGE

The work of Allan E. Alter, entitled: "Innovation Makes Emerging Technologies Pay Off" published in the CIO Insight Journal (2005) relates that 5.4% of corporate budgets are specifically spent on innovation" and "73% of it departments are involved in new product and service innovation." Alter additionally states: "28% of companies are early adopters of information technology and 68% of companies have received significant payoffs from adopting emerging technology." (2005) Finally Alter relates that 64% say that emerging technologies "play an integral role in supporting corporate innovation." (2005) Alter reports a survey conducted among corporations and states that the most important finding is: "Emerging technology doesn't make companies innovative, instead, innovative companies makes emerging technology valuable. Not only are innovative companies more likely to be early adopter, but it executives at innovative companies are almost twice as likely to report significant payoffs than those who work for companies they do not consider innovative." (Alter, 2005) it is critically important to note the statement of Alter (2005): that companies who are innovative:

don't depend solely on incentives and culture; they rely on process, too. Companies where emerging technologies pay off are far more likely to have procedures and processes for quickly implementing promising new technologies. Such companies are also twice as likely to measure the business value of a new technology after they deploy it. Finally, innovative companies are far more likely to deploy new technologies. Of the 30 emerging technologies we surveyed, just one -- speech/voice recognition -- has been deployed more frequently by companies that are not innovative. Usually, innovative companies are at least twice as likely to deploy any of these technologies; in some cases, such as grid computing and self-healing computing, the ratio is as much as 9 to 1 or 10 to 1. Given that innovative companies are not only more likely to deploy emerging technologies, but are better at implementing them, it seems they are in a good position to use it not only to remain innovative, but to maintain a sustainable competitive advantage, in years to come." (Alter, 2005)

The work of Bean (2004) entitled: "Emerging Technologies Still Emerging" that "new technology can give your company an edge but with the it downturn still more down than up, it may be awhile before the sector gets hot again..." (2004) Bean states that in the "wake of rampant investments in new technology products and firms during the late 1990's and early 2000's, Fortune 1000 (F1000) businesses are showing greater caution than ever when it comes to incurring potential risk. With tens of millions of dollars in software investments sitting around unused, underused, or with companies no longer in existence, but F1000 buyers are looking to take the safe route." (2004)

The work of Gavin Williams entitled: "Dynamic Computing Benefit and Pitfalls" states that dynamic computing is an approach that combines a series of best practices along with smart technology, helping enterprises be more agile by automatically scaling up or down, depending on the real-time business needs. As the enterprise changes, dynamic computing helps enterprises bring new capabilities online more quickly and in a more cost-effective way. Thus, companies are able to run very tight and lean with technology that adapts to their needs." (2008) Examples provided by Williams of dynamic computing include the ability of the organization to "react to sudden spikes in demand rapidly and efficiently in an automated fashion, ensuring consistent availability of critical business processes. With the ability to 'expect the unexpected', the dynamic computing systems of a global bank were able to detect a surge in demand instantly. Rather than failing the service level agreement, the company was able to automatically bring additional capacity online to cope with the demand. They were also able to track for subsequent actions like billing." (Williams, 2008)

Another example stated by Williams includes the use of 'one-click scaling' by a "division of the investment banking department in the Tokyo branch of a bank with the intention of expanding a pilot program to other offices on a global scale. The transition was achieved seamlessly with no downtime for any of the existing users with the automated it systems kicking in during the roll-out. Another possibility in the area of retiring old applications is collaboration Williams states: "Rather than switching the functionality off all at once, the collaboration platform is kept operational but steps are put in place to accelerate its decommissioning. Services are automatically scaled down and moved to a lower SLA with higher cost for support, all without interfering with any live transactions running on the application. When the last… READ MORE

Quoted Instructions for "Organizational Technology Plan" Assignment:

The organizational techcnology plan will explore and define plans for an organization (including managers and individuals) for use of new and emerging technology. The Plan should included the following sections: Overview, Current Technoloogy Assessment, Value Chain Analysis, Managing Change, Social Contract, Global Issues, and Conclusion.

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Organizational Technology Plan.” A1-TermPaper.com, 2008, https://www.a1-termpaper.com/topics/essay/technologies-strategic-planning/4117950. Accessed 29 Sep 2024.

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