Computers and Information technology (IT) are changing every aspect of our lives from entertainment to shopping, from the work we do and where we do it, to how we communicate with friends and relatives. Many companies are remodeling their businesses and information systems with the Internet in mind. IT is dramatically changing the business landscape and significantly affecting strategic options and creating opportunities and issues that managers need to address in many aspects of their business. Some of the key impacts of technology and the implications for management are:
® Business Strategy - collapsing time and distance, enabling electronic commerce
® Organization Culture - encouraging the free flow of information
® Organization Structures - making networking and virtual corporations a reality
® Management Processes - providing support for complex decision making processes
® The workplace - allowing work from home and on the move