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      IMPROVING MANAGERIAL APPROACHES TO INFORMATION TECHNOLOGY

      research-article
      Prometheus
      Pluto Journals
      management, information technology, information systems, productivity
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            Abstract

            Advances in information technology should be viewed by management not only as inherently desirable in themselves, but also as sources of potentially valuable improvements in planning, operations, control and performance evaluation. Hence, it is appropriate that all such proposals should be evaluated in terms of their expected yields of faster, more complete, more accurate and more effectively integrated information flows. In addition, however, primary emphasis should also be given to the magnitude of resulting contributions to the competitiveness, profitability and growth of the firm relative to the time, investments and costs involved.

            Content

            Author and article information

            Journal
            cpro20
            CPRO
            Prometheus
            Critical Studies in Innovation
            Pluto Journals
            0810-9028
            1470-1030
            December 1989
            : 7
            : 2
            : 213-224
            Affiliations
            Article
            8629070 Prometheus, Vol. 7, No. 2, 1989: pp. 213–224
            10.1080/08109028908629070
            1a265149-084c-4dc2-8db3-ae9ee47fbe85
            Copyright Taylor & Francis Group, LLC

            All content is freely available without charge to users or their institutions. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission of the publisher or the author. Articles published in the journal are distributed under a http://creativecommons.org/licenses/by/4.0/.

            History
            Page count
            Figures: 0, Tables: 0, References: 10, Pages: 12
            Categories
            Original Articles

            Computer science,Arts,Social & Behavioral Sciences,Law,History,Economics
            information systems,information technology,management,productivity

            REFERENCES

            1. Boddy D. and Buchanan D. A.. 1984. . ‘Information technology and productivity: myths and realities’. . Omega: The International Journal of Management Science . , Vol. 12((3)): 233––40. .

            2. Kaplan R. S.. 1986. . ‘Must CIM be justified by faith alone?’. . Harvard Business Review . , Vol. 64((2)): 87––95. .

            3. A. L. Frohman, ‘Putting technology into strategic planning’, California Management Review, 27, 2, 1985, pp 48–54; T. A. Husband, ‘Management and advanced manufacturing technology’, Omega, 12, 3, 1984, pp. 197–201; B. Gold, ‘On the potentials, requirements and limitations of information technology in manufacturing’, Prometheus, 4, 2, 1986, pp. 254–71; and J.D. Goldhar and D.C. Burnham, ‘Changing concepts of the manufacturing system’ in U.S. Leadership in Manufacturing, National Academy of Engineering, Washington DC, 1983.

            4. Gold B.. 1982. . ‘CAM sets new rules for production’. . Harvard Business Review . , Vol. 60((6)): 88––94. .

            5. B. Gold, ‘Revising accounting justifications for major new technologies’ in M. Massoud (ed.), Economics of Accounting, American Accounting Association, 1986.

            6. Thus wage cost/output = wage cost/man-hours/output/man-hours

            7. B. Gold, ‘Analyzing the effects of computer-aided manufacturing systems on productivity and costs’ in A. Dogramaci and N.R. Adam (eds), Managerial Issues in Productivity Analysis, Kluwer-Nijhoff, Boston, 1985; and idem., Improving Managerial Evaluations of Computer-Aided Manufacturing, National Academy of Science Press, Washington DC, 1981.

            8. PROFIT/TOTAL INVEST = (PRODUCT VALUE/OUTPUT-TOTAL COST/OUTPUT) × OUTPUT/CAPACITY × CAPACITY/FIXED INVESTMENT × FIXED INVESTMENT/TOTAL INVESTMENT

            9. B Gold, ‘Strengthening the foundations of investment strategy and capital budgeting’ in M Kaufman (ed.), Handbook of Capital Budgeting, Dow-Irwin, New York 1985, idem., ‘The shaky foundations of capital budgeting’, California Management Review, 19, 2, 1916, pp. 51–60; and T.K. Mukherjee and G.V. Henderson, ‘The capital budgeting process: theory and practice’, Interfaces, 17, 2, 1987, pp. 78–90.

            10. Gold B.. 1989. . ‘Computerization in domestic and international manufacturing. . California Management Review . , Vol. 31((2)): 129––43. .

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