The document discusses the opportunities and challenges of implementing information technology (IT) in different fields of management. It provides examples of how IT can benefit areas like marketing, production, financial management, and human resource management. IT allows for faster decision making, improved communication and data management. However, challenges also exist, such as technical complexities, installation costs, and users' reluctance to adopt new technologies. The document promotes becoming "techno-friendly" and transitioning to "e-management" using technologies like Enterprise Resource Planning (ERP) systems and SAP software.

1. IMPLEMENTING APPLICATION OF IT IN
DIFFERENT FIELDS OF MANAGEMENT
Presented by:
Kiran Burakoti

2. INTRODUCTION
 IT has captured each and every sphere of modern
world. Be it be in the field of education ,or
banking or any other to name.
 Management and business is also using
computers and internet technology but they are
still not utilizing Information technology at its
best.
 There are many opportunities in this field if
properly exploited.
 But many challenges are also associated in
implementing IT in business and management.

3. USE OF INTERNET
60
50
40
30
20
10
0 Use of Internet

4. OPPORTUNITIES
 The Information systems play a vital role in
decision making and thus in the growth of any
organization.
 It supports faster
communication, coordination, control and
visualization.
 It helps in reducing the high costs, expanding
business globally, standardizing business
processes and supporting new strategies for the
growth.
(contd.)

5.  Use of ERP in organizations has increased
maintenance cost, operational cost but has
contributed in Business process improvement and
increased responsiveness.
 The performance at managerial level is also
improved.
 Provision of multi function environment and
availability of facilities 24 x7.
 Provision of security.

6. IT IN THE FIELD OF MARKETING AND
PRODUCTION
 Reduced production cost and shorter product life
cycle.
 Market risk is reduced as information is
instantly available .
 Information of latest trends helps in making
marketing strategies.

7. IT IN THE FIELD OF FINANCIAL
MANAGEMENT
 The use of IT has enabled the business world to
manage, collect and organize its data in a better
and easy way.
 Graphical interface has enabled better use of
charts and graphs.
 Use of Data Warehouse and Data Mining.

8. IT IN THE FIELD OF HRM
 E -HRM is an application of IT which enables
better communication between employee and
employers.
 IT is changing the way HR department handle
record keeping and information sharing.
 Payroll Management , managing employee
personal data, recruitment, training, strategic
orientation is much more convenient now.
 Managing workforce with right portfolio of skills
and knowledge.

9. CHALLENGES
 If IT provides benefits then there are certain
challenges also it has to face
 Technical complexities.
 Server down
 Program crash
 Wire glitch
 Hardware problem, software problem network
problem .
 Users’ reluctance to move towards new
technologies.
 Installation cost.

10. ERP(ENTERPRISE RESOURCE PLANNING)
 The ERP system, a business information system
that considers all facets of a business, provides
an integrated presentation that is needed to
educate future managers. It also creates an
active-learning environment that uses modern
technology. The integration also simulates real
employment and addresses educational concerns
ERP systems are packaged software applications
that connect and manage information flows
within and across complex organizations,allowing
managers to make decisions based on
information that truly reflects the current state
of their business.

11. SAP (SYSTEM APPLICATION AND
PRODUCTS IN DATA PROCESSING)
 SAP is one of the leading vendors of integrated
information systems. It provides integrated
information from accounting to
manufacturing, and from sales to service.
Whenever data is entered in one functional area
for one particular transaction, this data is
automatically reflected in all the related
functional areas. The SAP system supports and
integrates thousands of business processes. The
core system uses a single database. SAP is
module based and supports multiple languages
and currencies.

12.  Introducing two new terms.
 Techno-friendly- its time for people to get techno
friendly and explore the world of IT to get
solution to their problem and also to be more
efficient and to enhance their performance
 E-Management – all the task of management
should turn electronic so that management
becomes E-Management.

13. CONCLUSION
 The future of business organizations lies in these
two technologies (SAP and ERP).
 People have to be techno friendly and accept the
new technologies
 The risk associated with the technologies are
very less as compared to the benefits they
provide.
 It’s the need of time to switch over to new
technologies for better performance and better
management. i.e switch to E- management.

14. Thank You