Lecture-1-VU - ICT Trend Challenges

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  • ICT Management

    • Victoria University

    • Melbourne, Australia

    • Thuy Cao

    • Email: Thuy.Cao@vu.edu.au

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  • Teaching Team

    • Unit Coordinator: Name and Email not provided

    • Lecturer & Tutor: Name and Email not provided

    • Victoria University

    • Melbourne, Australia

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  • Outline

    • Unit Overview

    • Unit Assessments and Schedule

    • What is ICT Management?

    • Is ICT Strategic?

    • Technology Trends and Challenges

    • Victoria University

    • Melbourne, Australia

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  • Topics to be Covered

    • ICT Trends and Challenges

    • IT Strategy, Business Strategy, and Alignment

    • IT Infrastructure and Cloud Infrastructure as a Service

    • Enterprise Systems and Data Management

    • Internet of Things (IoT) and Mobile Device Management

    • IT Governance with COBIT

    • IT Service Management with ITIL

    • IT Help Desk and Customer Relationship Management (CRM)

    • IT Risk Management and Cyber Security

    • ICT Project Management and Change Management

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  • Recommended Textbooks

    • Schilling, M (2015). Strategic Management of Technological Innovation (5th ed.). McGraw-Hill, USA.

    • Fitzsimmons, J.A & M.J Fitzsimmons (2018). Service Management: Operations, Strategy, Information Technology (9th ed.). McGraw-Hill, USA.

    • Reynolds, G (2015). Information Technology for Managers. Cengage: Boston, MA.

    • Adomi, E.E. (2010). Frameworks for ICT Policy: Government, Social and Legal Issues. IGI Global.

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  • Assessments

    • Assessment Tasks Overview

      • Tutorial Assessment: 20% (Each session)

      • Tests: 2 Tests - 20% each (40% total, Sessions 6 and 10)

      • Group Assignment: Case-study based project (40%, Session 10)

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  • ICT Management

    • Definition: ICT refers to the rapidly developing field of Information and Communication Technology.

    • Key Task: Provide users with functionalities needed for corporate process support.

      • Example: Cash Withdrawal from ATM

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  • ICT in Organizations

    • Role of ICT:

      • Company with ICT, Business Processes, Users

      • Addressing organizational needs through ICT functionalities

    • Components: ICT Management & Support, Information Systems, ICT Infrastructure

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  • Key Considerations

    • Every organization is unique, even competitors may differ in:

      • Firm Strategy: Approach to achieving objectives

      • Firm Culture: Shared beliefs and values

      • Infrastructure: Technological backbone that influences opportunities

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  • Systems View of Organizations

    • Technology Integration:

      • Organizational Environment

        • Inputs: Human, Physical, Financial, and Information Resources

        • Transformation Process: Management Input, Operations, Production

        • Outputs: Products, Services, Lessons Learned

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  • Management Basics

    • Definition of Management:

      • Planning, organizing, leading, controlling resources to achieve goals effectively and efficiently.

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  • Why ICT Management?

    • Challenges to manage:

      • Existing resources, vendor needs, budget constraints, customer demands, employee capabilities

    • Job Roles: ICT Manager, IS Manager

      • Key Activities: Evaluate ICT techniques, resolve management issues, propose service agreements, and strategic planning

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  • Components of ICT Management

    • IT Governance, IT Planning, and IT Performance Management are key to value-oriented IT management approaches. These components recognize potential and implement IT utility increments.

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  • ICT Maturity Management Levels

    • Measure and manage IT performance based on organization's maturity.

    • Levels:

      1. Uncoordinated IT Management

      2. Cost-oriented IT Management

      3. Service-oriented IT Management

      4. Business-oriented IT Management

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  • Uncoordinated IT Management (Level 1)

    • Responsibility: IT specialists develop projects, top management disengaged.

    • Communication gaps between IT and business units lead to fragmented efforts.

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  • Cost-oriented IT Management (Level 2)

    • Top management supervision over IT projects initiated by IT department. Focus on cost reduction over value addition.

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  • Service-oriented IT Management (Level 3)

    • Focus shifts from technology to service provided to business units. Involvement of top management in decision-making as well as user participation in prioritization of projects.

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  • Business-oriented IT Management (Level 4)

    • Highest level with integrated governance committees facilitating user side decisions. Prioritization of projects based on business activity impacts.

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  • Factors Influencing Management of Technology and Innovation

    • Production processes, engineering activities, socio-technical systems, financial systems, decision-making processes, and managers' experiences.

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  • Global Management Challenges

    • Competitive advantage, efficiency, quality, responsiveness, ethical standards, managing diversity, crisis management, IT utilization.

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  • Group Activity

    • Tutorial material discussed during the course.

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  • Is IT Strategic?

    • Exploration of the strategic importance of IT today.

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  • Carr's Perspective (2003)

    • Book: "IT Doesn’t Matter?" - argues IT is now a commodity and lacks competitive advantage.

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  • Tectonic Shift (15-20 years ago)

    • Overview of early technological landscape with major players and the state of technology.

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  • Current Landscape (2019)

    • Significant profits and user engagement in tech companies. Growing internet usage in China and advancements in multimedia sharing.

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  • Social Media Impact (2019)

    • Rapid growth of social media and its influence on global connectivity and industry valuation of tech companies.

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  • IT Technology Trends

    • Discussion of leading technology trends impacting businesses and management.

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  • Technology Trends Comic

    • Depiction of organizational fatigue concerning technological advancements.

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  • Gartner Hype Cycle

    • Interpretation of technology hype and its phases: Innovation Trigger, Peak of Inflated Expectations, Trough of Disillusionment, Slope of Enlightenment, Plateau of Productivity.

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  • Purpose of Hype Cycle

    • Educate about emerging technology potential and reduce investment risks.

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  • Phases of Technology Life Cycle

    • Detailed phases of each hype cycle and their implications in tracking technology innovations.

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  • Gartner's Insights (2015)

    • Key tech trends: Computing Everywhere, SaaS, IoT, Big Data Analytics, Web-scale IT.

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  • Gartner's Insights (2018)

    • Updated key trends: AI foundations, Digital Twins, cloud advancements, conversational platforms.

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  • Top 10 Strategic Technology Trends (2019)

    • Overview of significant trends including Autonomous Things, Augmented Analytics, and Quantum Computing.

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  • Strategic Technology Trends (2020)

    • Continued evolution of strategic technologies to watch in the future.

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  • The Blockchain Spectrum

    • Evolution of the internet and blockchain technology's enabling capabilities.

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  • Top Strategic Predictions (2020 and Beyond)

    • Focus on emerging trends like AI augmentation, digital society transformations, and the future of work integration.

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  • What is Web-scale IT?

    • Infrastructure designed to support massive user scale, including cloud computing and DevOps integration.

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  • Web-Scale Technologies

    • Key technologies that encompass web-scale IT such as cloud computing, big data, and networking solutions.

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  • Case Study: Animoto

    • Cloud integration journey and scalability via AWS after rapid user growth post-launch.

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  • Managerial Roles in ICT

    • Discussion on the non-linear, often chaotic nature of managerial responsibilities.

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  • IT Trends of Managerial Significance

    • Key trends affecting management like cost declines, increasing usability of IT solutions, and data growth.

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  • Questions

    • Q&A session at the conclusion of the lecture.

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  • References

    • URL to strategic trends and management resources.