StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

MANAGING ASSETS AND RESOURCES IN THE DIGITAL FIRM - Essay Example

Cite this document
Summary
A pleasant working environment comprises of efficient information systems that are update to the current technology. Proper strategies should be incorporated to monitor a company’s information…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.7% of users find it useful
MANAGING ASSETS AND RESOURCES IN THE DIGITAL FIRM
Read Text Preview

Extract of sample "MANAGING ASSETS AND RESOURCES IN THE DIGITAL FIRM"

Managing Assets and Resource in the Digital Firm Task Managing Assets and Resource in the Digital Firm Information systems are programs that are invented to support various applications. A pleasant working environment comprises of efficient information systems that are update to the current technology. Proper strategies should be incorporated to monitor a company’s information systems to guarantee the effectiveness in the resources of a company. A good example of information system software is the ones presented by Damsgaard et al in his framework.

An analysis of the framework shows that the information systems are effective and can be incorporated within a working environment (Damsgaard & Karlsbjerg, 2010). I would recommend to my boss to adopt the framework and point out a few recommendations to incorporate with the information systems framework in the company. The first recommendation I would make for my boss is that he should develop a larger network for the use of information system framework outlined by Damsgaard. This is because the framework works best on a larger scale (Damsgaard & Karlsbjerg, 2010).

Secondly, I would recommend for my boss to set up a maintenance system for the new framework of system software. This will prevent information system failure experienced by companies when the systems fail to serve their intended purpose. Thirdly, I would recommend to my boss to set up a training panel because the new set of system software will require adequate training to enable employees obtain the basic skills needed in the operation of the operation of the software. Lastly, I would recommend my boss to take a risk in purchasing the software.

This is because profits are achieved when an organization decides to take a risk. I believe that components of information systems software outlined by Damsgaard are effective and a business that incorporates it stands a higher opportunity of being successful (Damsgaard & Karlsbjerg, 2010). ReferenceDamsgaard, J., & Karlsbjerg J. (2010). Seven principles for selecting software packages. acmqueue. Vol 53.8: 63-71.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“MANAGING ASSETS AND RESOURCES IN THE DIGITAL FIRM Essay”, n.d.)
MANAGING ASSETS AND RESOURCES IN THE DIGITAL FIRM Essay. Retrieved from https://studentshare.org/management/1605135-managing-assets-and-resources-in-the-digital-firm
(MANAGING ASSETS AND RESOURCES IN THE DIGITAL FIRM Essay)
MANAGING ASSETS AND RESOURCES IN THE DIGITAL FIRM Essay. https://studentshare.org/management/1605135-managing-assets-and-resources-in-the-digital-firm.
“MANAGING ASSETS AND RESOURCES IN THE DIGITAL FIRM Essay”, n.d. https://studentshare.org/management/1605135-managing-assets-and-resources-in-the-digital-firm.
  • Cited: 0 times

CHECK THESE SAMPLES OF MANAGING ASSETS AND RESOURCES IN THE DIGITAL FIRM

The Importance of Knowledge Managment to Organisations in 21st Century

These changes which have been described above along with a considerable amount of corporate restructuring have to lead to the creation of a digital firm.... A digital firm is one in which all of the organization's significant business relationships are digitally enables.... This capability is the fundamental difference between a digital firm and a traditional firm.... This capability enhances the survival chances of a digital firm in turbulent times....
7 Pages (1750 words) Essay

Management Control System (MCS) at Western Digital Corporation

This study gives detailed information about the Management Control System (MCS) at Western digital Corporation.... Western digital Corporation has been a hard disk drive storage manufacturing pioneer.... The product line of the company includes external drives for mobile desktops, laptops, and other digital home entertainment products.... Western digital has understood the importance of the decentralization in the decision-making system so that the sub-goals can be set and achieved....
11 Pages (2750 words) Term Paper

Business Information Management

An enterprise or a firm also uses it in the sense of business in which an organization deals with goods and services with the customers.... They manage the basic/primary components of business that are resources (capital and tangible), financial resourced human resources.... The business components can be classified into five resources people, hardware, software, communicate and, data.... Hardware resources are said to be computers and other devices....
12 Pages (3000 words) Essay

Protech Company Business

PROTECH" company was established in the first quarter targeting different PC market segments.... Both web offices and block-and-mortal sales offices are used as the sales channels.... The management structure is organized as follows: Basically, Protech strives to achieve value for clients by customization....
20 Pages (5000 words) Essay

Integrative strategic workshops and simulation

An employee's expected economic value to the firm corresponds to the future earnings of the employee for the remaining active service life.... They have to be very careful as to how they organise in order to make room for creativity and to maintain and develop the valuable knowledge of their employees as their prime assets.... tmTask 2 invisible balance sheet: Nokia has about $ 183 billion worth of intangible assets coming from the difference between market value of $ 190 billion and book value of 5....
5 Pages (1250 words) Essay

Managing Knowledge

The paper focuses on managing knowledge.... managing knowledge or knowledge management (KM) is nothing more than getting the right information to the right people at the right time.... Today's world is knowledge-based with dynamic changes taking place by the hour....
10 Pages (2500 words) Coursework

Importance of Digital Archiving Practices

Digital archiving has the capability to decrease the cost that a firm may experience while creating and maintaining paper-based records.... The paper "Importance of digital Archiving Practices" describes that one of the alternatives to paper documentation is maintaining digital records; this method is even recognized as digital archiving.... hellip; Organizations have realized the importance of digital archiving and are utilizing this option to gain support in their operations conducted day in and day out....
4 Pages (1000 words) Assignment

Data Asset Framework

… Task 1: Digital preservation COPTR Tool Registry tool- DCC tool- Data Asset Framework (DAF)DescriptionDAF is a digital preservation tool that is found in the COPTR tool registry and related to a functional area in the digital Curation Model (DCC).... Task 1: Digital preservation COPTR Tool Registry tool- DCC tool- Data Asset Framework (DAF)DescriptionDAF is a digital preservation tool that is found in the COPTR tool registry and related to a functional area in the digital Curation Model (DCC)....
7 Pages (1750 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us