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Information and Communication Technology Management (ICTM) involves managing technology that collects, organizes, and distributes data for organizational decision-making. ICTM functions include developing an organization's hardware, software, and computing/communication technologies, developing management information systems tailored to business units, and encouraging e-commerce through Internet use like business-to-business and business-to-customer transactions. ICTM has revolutionized management by providing easy access to low-cost information through the Internet and allowing management to use technology in different managerial functions.

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Salazar Joshua
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91 views

Group 5 OrgMan

Information and Communication Technology Management (ICTM) involves managing technology that collects, organizes, and distributes data for organizational decision-making. ICTM functions include developing an organization's hardware, software, and computing/communication technologies, developing management information systems tailored to business units, and encouraging e-commerce through Internet use like business-to-business and business-to-customer transactions. ICTM has revolutionized management by providing easy access to low-cost information through the Internet and allowing management to use technology in different managerial functions.

Uploaded by

Salazar Joshua
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Information and

Communication
Technology
Management
Group 5
Definition of Terms
• Information and Communication Technology Management
(ICTM)
The management of information and communication
technology that collects, organizes and distributes data to be
used in the organization’s decision-making 
• e-business 
Electronic business which involves business to business
(B2B), and business to customer transactions 
Information and Communication
Technology Management (ICTM)
Management in the 21st century is driven by
information and communication, and digital networks.
Computers quickly proide more information to a greater
number of people, groups, and organizations than ever
before. Hence, the study of the information and
communicationv technology management (ICTM) functions of
management is relevant.
The ICTM functions of management include the following:
Developing the organization’s hardware, software, and other
computing and communication technology.
- Information technology (IT) encompasses different kinds of technology, such as
various types of hardware (e.g. computers and printers),software (e.g. operating
systems), and computing and communication technology(e.g. telecommunications
and management of databases). The fast and ever changing nature of ICT
requires managers to become flexible and open to change.

Developing the organization’s management information system (MIS) tailored


to the needs of the firm’s units
- IT has developed management information systems which gather, process,
and disseminate internal and external information to the company on a timely
basis in order to support managers in their tasks. Electronic equipment makes
fast and reasonably priced processing of voluminous amounts of data possible.
The computer can process data and provide logical conclusions and classify
and prepare them for use in decision-making. 
Encouraging e-commerce through Internet use.
- Through e-business strategies, the company gains competitive advantage over competitors.
Common e-business strategies involve business to business(B2B) and business to customer
(B2C) transactions.
B2C B2B
“Low involvement” “high involvement”
Target market Larger Smaller, niche
Purchaser(s) Single Multiple
Buying process Single step Multiple step
Sales cycle Shorter Longer
Sales driver Recognition and Relationship and
repetition detailed information
B2B transactions - use IT and web portals to link companies with members of their
supply chains or those dealing with their resource supplies.
B2C transactions - also use IT and web portals, but in this case, the link created is
one between the company and its customers. A common example is e-tailing or the
sale of goods directly to customers via the internet.

Other web-based models:


Brokerage - which brings buyers and sellers together 
Advertising - which provides information while generating revenue from
advertisement 
Merchant model - or selling products through the web
Subscription model - the selling of access to a website
Infomediary model - the collecting of information on users and selling it to other
businesses 
Community model - supports websites by asking for donation from users
Importance of Information and Communication Technology
Management

    Thewidespread use of ICT has brought about the emergence of a


“knowledge-based society” due to easy access to information at low costs
through the Internet. Management may use it for its different managerial
functions. It may be said, therefore, that ICT has revolutionized the business
world.
MEMBERS

Sanogal, Arrine Joyce Solano, Jamaica Nicole Yumang, Micaela

Miraflor, Ritz Vaughn Salazar, Joshua


THANK YOU

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