The modern world is very familiar with the words: IT, Entrepreneurship and Management. Before knowing about relationship among the three, let us go to what all of them actually mean.
Information Technology (IT)
IT is a study, design, development, significant implementation and support and/or management of computer-based information systems, especially software applications and computer hardware. It is known to all that IT workers make sure that computers, that people use, work well for them.
In today’s world, nearly every organization needs to have IT specialists to ensure that their business is running smoothly.
So, is it good having IT professionals in the organization or not? Well, it definitely is a plus. Also, having someone who ensures good performance from the computers and also handles the hardware and software issues properly is a demand of all organizations.
Most people have the question, “What is entrepreneurship?”. For a perfect explanation, it would be easy to understand that Entrepreneurship is an act or the activity of opening or setting up of a business(es) by taking financial risk and have hope of profit.
Unlike the older days, where people had to travel from office to office, door to door in search of an opportunity to set up a business, the modern days are much more efficient and easy. The options that are available to modern entrepreneurs have sky-rocketed and that is all thanks to Information Technology being put to good use.
Technologies like Shopify, Oberlo, and many more, have decreased the walls that blocked the interested entrepreneurs.
In simple terms, management is the process of managing something in a proper way.
However, in other words, management is the administration of any type of organization. Without proper management, there are no organizations that can work properly. From top to bottom, there needs to be management for organization to function smoothly. Otherwise, there might be internal and non-profitable conflict in the organization.
Trying to connect Management to Information Technology and Entrepreneurship may seem to be a job that is complex. However, there are many examples where usage of IT has impacted both Entrepreneurship and Management.
In order to have a proper start to a business and an efficient management, it is necessary to use the modern tools and techniques. And, what better way is there apart from following modern trends in IT so that both management and entrepreneurship can flourish?
Source – Boroadways Infosys