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Important information about new economy

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You have been asked to visit a local company to talk to an information systems executive about how the new economy has changed the organization's work environment. Create an imaginary company for this exercise. What is the name of the company?
Prepare a summary about your findings. What one or two new ways of working
did you discover? What opinion did the executive offer about Kelly's three rules for the New Economy

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Solution Summary

You have been asked to visit a local company to talk to an information systems executive about how the new economy has changed the organization's work environment. Create an imaginary company for this exercise. What is the name of the company?

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For the purpose of this assignment, I will chose a financial services organization. The name of the company is XYZ financial services LLC. The company provides wide range of financial services, ranging from wealth management to equity trading, brokerage, corporate finance and investment banking related services.

The new economy or the "network economy" in the internet age has revolutionized the way this company conducts its business or operations. The internet age has allowed this company to lower its cost of operations by outsourcing some of its processes to low cost nations like India, where skilled workforce complete tasks previously conducted by employees in the domestic headquarters efficiently and are always connected to their headquarters via modern communication tools such as email and VOIP. Internet economy has enabled this ...

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Sheetal Jain, PGDM
Education
  • BComm, University of Delhi
  • Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
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