WEEK 7Effects of Information Technology on Management (graded)Evaluate and discuss the human resource, security, privacy, and stability issues affected by information technology. The increase of information technology has affected management greatly. The best guess is that it will probably continue to do so. Given that, discuss the issues from the perspective of change and change management. What is the impact of such issues on the management of information technology? Conversely, what is the effect of information technology on management? Why is this important to discuss? In what way does information technology and management impact what you do at your job on a day-to-day basis? Why do you think this is important to discuss?Financial Controls (graded)The company you co-founded last year is growing rapidly and has strong prospects for an IPO in the next year or two. The additional capital that an IPO could raise would let you hire the brightest people in the industry and continue to innovate with new product research. There is one potential glitch: you and the rest of the executive team have been so focused on launching the business that you havenΓ’ΒΒt paid much attention to financial control. YouΓ’ΒΒve had plenty of funds from venture capitalists and early sales, so working capital hasnΓ’ΒΒt been a problem, but an experienced CEO in your industry recently told you that youΓ’ΒΒll never have a successful IPO unless you clean up the financial side of the house. Your co-founders say they are too busy chasing great opportunities right now, and they want to wait until right before the IPO to hire a seasoned financial executive to put things in order. What should you do and why?
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