Technology in Business Organizations

Paper Summary:

The papers outlines what it believes are the four most important management challenges of today: A. Accepting the paradigm of techno-choice; B. Maintaining a focused vision; C. Controlling costs; and D. Maximizing EVA. The second part of the paper looks at the issues of management technology and answers the questions: a. Are business operations making smart decisions; B. Are companies in control of their destinies? C. If it works, is it most likely obsolete? and D. Has technology improved the workplace. The writer concludes by adding other issues related to the technology sector.

From the Paper:

"Faced with these changes, the manager in the millennium faces the critical challenge of maintaining business focus while embracing change. In the handout accompanying this assignment, several challenges are summarized thus; There are hidden dangers with regard to technology:
* Either you manage technology or it will manage you, * The danger of the loss of control, * Inability to effectively run a business because the technology is not understood, * Chaos and paralysis."

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