The Importance of Computers for Modern Managers
The significance of the computerized business procedures is hard to overestimate. Technical and general tasks, collaborative projects, centralized information sharing and academic refinement cannot be achieved
without management’s engagement into technological advances. Thus, PMIS, BPM, ITBT and others contribute to the utilizing and improvement of the management activities. The research suggests double level assistance of the computer technology in business management for the technical and general problem-solving. Computer literacy became a necessity for every modern age employee in the industry, particularly in IT and business management overall.
Technical Problem-Solving
The simplification of the management accounting and analytics is difficult without spreadsheet reporting systems. Blackwood emphasizes the contemporary Excel applications as “one of the greatest satisfactions”
owing to application flexibility sufficient for the solutions that previously deemed impossible (2). Accordingly, the spreadsheet model in business can “save hours of your work” creating a monthly report or correcting the potential mistakes of their contributors. Excel, according to Blackwood, enables sufficient experimenting and is safe from data loss in case of regular updates (2). Thus, Excel in business provides enormous opportunities for financial modeling, data combining, resource alignment and other crucial operations.
Computerized mathematical calculations are frequent in business engineering. This necessity promoted the 2012 International Conference on Mathematics in Engineering and Business Management in Chennai, India
(Arivarignan and Bharati 1). The issues of computer literacy and technical advantages were widely discussed while applied mathematics experts agreed unhesitatingly to attend. The necessity of the computerized program
integration in business management was advocated in the sessions devoted to the young researchers. Moreover, the establishment of the research platform supported actuality and heated interest to the improvement of modern business.
The further discussion of the observed issues took place in 2016 at ITQM 2016 (Lee et al. 1). This conference aimed at “exchanging research findings and case studies” that united general information technologies and
quantitative management techniques. Apart from the analytical component, the recent technical achievements were observed as mobile commerce, artificial intelligence, 3D printing, drone, etc. The most vivid discussions conveyed IT-enabled quantitative management along with the innovative management tools. These recent events revealed growing practical implementation and research in computerized technical problem-solving.
General Management Problem-Solving
The findings in business intelligence revealed the crucial significance of data mining applications (Maheshwari 3). While the analytical programs predominantly predict and estimate the outcomes, the data mining gives ground to these estimations. The necessity of large quantities of data processing naturally calls for computing advances and that is where data mining gives assistance. Recognition of patterns and risk evaluation brings the activities to the expected outcomes that results in profits. Thus, gathering, analyzing and reporting of the proper data eventually brings efficiency to business.
Business activities management remain vital for the asset evaluation and improvement. The use of Business Processes Management (BPM) assists planning on the various levels and contributes …
