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Computer Technologies in Management - Coggle Diagram
Computer Technologies in Management
Introduction to management
4 general functions
organizing
Arrange the resources in a methodical way to ensure that the tasks are completed as efficiently as possible.
leading
Set the company's course and persuade others to follow it.
planning
Determine the tasks' goals, objectives, techniques, and resources.
controlling
To achieve the objectives, systems, processes, and structures must be coordinated.
Successful businesses are built on good management.
Definition of management
Working with human, financial and physical resources to achieve organizational objectives by performing the planning, organizing, leading and controlling functions.
Benefits
Reliable storage
Records can be accessed easily
Do more with less
Major activities will be kept in-house and less reliant on outside parties
Coordination, communication & collaboration
Employees can efficiently communicate and cooperate despite geographic distances and temporal disparities.
Save money
Possible to hire fewer staff
Productivity
More productive work can be done
Increases profits and returns
Lowering production costs
Automation
Make work done in faster time
Information security
Digital storage can be secured to protect the organisation’s
competitive position and reputation
Computer technology in management
Data Mining
Software for visualisation
Marketing automation software
Remote desktop solution
Remote view, control and access of computer
Cloud computing
Applications that run on the cloud
Office automation systems
Workflow automation and bottleneck removal
Tracking activities
Virtual safe
Dashboards and scorecards
Human resource (HR)
management
Payroll and benefits processing
Research and development
Easy to access information
Contact management systems
For managing business contacts
Communication
Social media style collaboration software
Managing business contacts
Collaboration tools
For teams to work together on projects
Project management software
Help project managers and teams
complete client requirements
Sales performance management
software
Customer relationship
management software
To keep track of and strengthen customer-organization interactions
Management information
systems
synthesise the data in order to aid decision-making
Accounting and finance systems
Collect, store, and process
accounting and financial data
Database management systems
creating,
managing and storing data
Inventory management system
For the purpose of inventory control and maintenance.
Data management
Computer technology allows for the organisation, manipulation, and storage of huge amounts of data.