Many profitable companies avoid adopting technology because it is trendy and does not represent the professional strategy that companies should use. What motivates great companies’ strategies in technology are relative to their prospective industries. Collins (2001) discussed “Those who turn good into great are motivated by a deep creative urge and need for excellence for its own sake” (2001, p.123).
When Collins (2001) discusses technology as an accelerator, he defines how the growth and improvement of the companies progress in profits.
Collins (2001) concept relates to the application of technology in finance as a money –making system. Collins (2001) “suggestions are relevant to the social sectors that require what is similar to what is …show more content…
Collins identified the important of the differences between businesses and the social sectors. This is very important because it relates to the concerns of the metrics success in business, which are basically financial, but in the social sectors finance is an input. The outputs are considered services, with outcomes that are called client benefits, instead of stockholders benefits. In fact, the difference between businesses and social services are connected power systems. The Social services aspects tend to be least hierarchical, but based upon chain of command (Baker, B. D. , Sciarra, D. G. & Farrie, D. 2010, p. …show more content…
(Baker, B. D. , Sciarra, D. G. , & Farrie, D. (2010). (p. 8). These authors concluded this section by stating, “no matter how much you have achieved, you will always be merely good relative to what you can become. Greatness is an inherently dynamic process, not an end point” (Baker, B. D. , Sciarra, D. G. , & Farrie, D. 2010, p. 9).
The role of Technology in Helping Educational Organizations Manage Funding
The knowledge about business management is connected to a fundamental fact with progressive strategies. In order for these organizations to survive in a diverse changing economy, they must be able to identify the role of internal and external forces, and maximize the utility of resources, then transform their structures and cultures. In higher education institutions, they suffer from budget constraints, cultural blockage, and resistance from their internal constituents.
The applications about business knowledge management strategies in higher education the contexts are not limited to external resource issues. The strategies may also be implemented in higher education institutions for assess to existing internal sources. The knowledge management is intended to shift the focus to human-centered strategies (Roth & Lee H. 2009, p.
When Collins (2001) discusses technology as an accelerator, he defines how the growth and improvement of the companies progress in profits.
Collins (2001) concept relates to the application of technology in finance as a money –making system. Collins (2001) “suggestions are relevant to the social sectors that require what is similar to what is …show more content…
Collins identified the important of the differences between businesses and the social sectors. This is very important because it relates to the concerns of the metrics success in business, which are basically financial, but in the social sectors finance is an input. The outputs are considered services, with outcomes that are called client benefits, instead of stockholders benefits. In fact, the difference between businesses and social services are connected power systems. The Social services aspects tend to be least hierarchical, but based upon chain of command (Baker, B. D. , Sciarra, D. G. & Farrie, D. 2010, p. …show more content…
(Baker, B. D. , Sciarra, D. G. , & Farrie, D. (2010). (p. 8). These authors concluded this section by stating, “no matter how much you have achieved, you will always be merely good relative to what you can become. Greatness is an inherently dynamic process, not an end point” (Baker, B. D. , Sciarra, D. G. , & Farrie, D. 2010, p. 9).
The role of Technology in Helping Educational Organizations Manage Funding
The knowledge about business management is connected to a fundamental fact with progressive strategies. In order for these organizations to survive in a diverse changing economy, they must be able to identify the role of internal and external forces, and maximize the utility of resources, then transform their structures and cultures. In higher education institutions, they suffer from budget constraints, cultural blockage, and resistance from their internal constituents.
The applications about business knowledge management strategies in higher education the contexts are not limited to external resource issues. The strategies may also be implemented in higher education institutions for assess to existing internal sources. The knowledge management is intended to shift the focus to human-centered strategies (Roth & Lee H. 2009, p.