Week 3 quiz - 1 Question TCO A Will it be possible for managers of the future to be successful without being information systems literate Identify

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1 . Question: TCO A: Will it be possible for managers of the future to be successful without being information systems literate? Identify five factors that contribute to your answer. Your Answer: According to our week one summary : "This generation, and future ones, will be ‘equals’ to their peer managers in finance, sales/marketing, manufacturing, etc. – as the integration of technology and systems is a requirement to be in business – and will have to grapple with globalization, a scarcity of critical IT skills, continuing technology change, etc." Also the lecture mentions :"Technology and business trends that have enhanced the role of information systems in today’s competitive business environment will continue to have focus for the foreseeable future. These are growth of a globally connected economy, transformation of the business enterprise, growth of knowledge and information-based economies, emergence of the digital firm, and Internet growth and technology convergence. These trends present the business firm and its management with several new challenges for the future" Instructor Explanation: It is possible but it is highly improbable. Factors that support this statement include: The computer/information/technology revolution, especially in the area of PCs, software, and networks continues to gain speed. Information is now available on a timelier basis, both internally and externally via the Internet. Powerful, inexpensive applications are available (especially in the area of PCs). Information technology has opened new competitive arenas and entire businesses (telecommuting,
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This note was uploaded on 10/08/2011 for the course STATISTIC GM533 taught by Professor Henry during the Spring '10 term at Keller Graduate School of Management.

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Week 3 quiz - 1 Question TCO A Will it be possible for managers of the future to be successful without being information systems literate Identify

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