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Monday, August 25, 2008

Innovation and IT Sector

In the IT sector change seems to be the only constant.
Information technology can be said to include the following:
• A computer network with a software to communicate
• All attachments/ peripherals connected to it
• All audio-video tools and the labor to operate the
• All expenses incurred on developing, operating and maintaining the software
To better understand the idea of IT, consider a few examples:
• Simple computer programs to store, access, and process data
• Your very own PC and its software
• The telephone and the radio buttons utilized in sonic data communications
• Network's sever programs used for electronic mails, database, storage and other host services.
Information technology can thus be defined as that field of engineering which is related with, transmission, storage and retrieval of information through computers and telecommunications.
"Innovation" can be defined just as "something new". There are really no criteria of "how new" that something needs to be. But yes, it needs to be an improvement over what it was before. It is for this reason that, innovation can be defined in different ways to different people. The topic of Innovation is of prime import in the study of technology and engineering. Ergo, for defining innovation for a specific client, it becomes imperative to understand the client's need/inspiration behind seeking the innovation. With the highly sophisticated communications technologies present and emerging by the day, it is becoming rather difficult to distinguish a system as belonging entirely to one specific program. Organizations are seemingly going that extra mile to consolidate their information requirements into one integrated information cosmos.
Smart consultants know well that no one knows the trades better than those who stay in it daily, and, consequently, assume more of a key role in assisting a firm unite its internal and market knowledge with the expertness it has, to bring to the client. They strive to explore the milieu, culture, ethics and of course the politics of the setup, and determine the tolerance standard of the organization for the anticipated change. This demands transparency and that might be hard to attain, but indispensable to success. In the absence of the such information as to where an organization stands right now, and where it has come from, it is improbable to pave the path for the future without being established as the hackneyed, omniscient, pliant consultant ready to sort out everyone's problems without having an iota of hint about the actual workings of the hiring firm.
It is only after that one has done this homework, that one can discuss "innovation" in a manner that isn't empty and self-evident; and that doesn't mix the consultant's idea of innovation with that of the hiring firm. When executives don't rightly understand this innovation process, they fail to appreciate the manifold advantages a simple innovation can generate. Being thus uncertain, they fail to recognize the returns on its investments in the new concepts.
The world leaders of tomorrow will figure from among the companies that today best manage the innovation process. Innovation can be a double-edged sword; for the more the things change, the more they remain the same...

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