The education is the process of educating,
instructing or teaching activities that impart knowledge or skill.
Education provides basic concepts of the desired future projects.
Education is providing the proper understanding of the methods of
adopting particular skills. The education is leading the people towards
the main focus of doing things sequentially. Education is equipping the
people with the tools they require to do things of their own choice in a
much better way.
There are various disciplines in education people
choose for their career. The most dominant disciplines are Engineering,
Business, IT, Physics, Maths, Chemistry, History, Social Sciences and
others. Each discipline comprises approximately more than five
specialization categories. As Business and IT are the main focus of my
research, that's why the topics related to Business and IT will only be
touched upon in this research article.
Nowadays the education related to business discipline
is considered as a hot cake in today's age. Business education is the
one, which provides uniqueness in developing any human being to be a
perfect in the required areas like Management, Communication, Psychology
and Strategic marketing and finance domains. Business education is the
method of understanding many complex techniques required for any
successful business activity. Following are the features, which have
been considered as the most favorable in addressing business needs of
today's era through business education.
FLAVOR OF UNDERSTANDING BUSINESS
The business education apprises us with the proper
understanding of business, it shows some ways to face the jargon of
businesses, it intimidates the ways to face most of the obstacles, which
usually turn upon while getting across with the business processes.
Business education provides people enough knowledge,
which makes them comfortable in making some effective organizational
decisions. The effectiveness of decisions comes out when one has total
knowledge about some of the complications of business activities.
Business education deals with the techniques of understanding ups and
downs of the already taken initiatives and hone up the required skills
to make forthcoming crucial decisions. Such business knowledge will help
managers to take their companies to the climax of the success. Because
of the aforesaid fact, the well-defined popular term that right decision
at the right time is required for the success of any business.
Risk is an action of any business activity for which
no body is sure about the success or failure of that activity. But it is
also sometime advisable to take risk to test their luck for some
particular business trades but risk can also be decreased provided if
you possess some managerial skills. Such managerial skills are answered
in the business education. Business education facilitates managers with
some managerial techniques to analyze risk and develop some methods to
cope up with them in a very proper manner. You should take risk but earn
some techniques which shorten some big dangerous of failure and increase
some chances towards success.
MINIMIZE THE WASTAGE OF THE COMPANY'S RESOURCES
This is one of the very motivating techniques which
is lying with enough experienced personnel in the organization. This
technique leads the managers to move their organization in a way where
all check and balance of the company's records and assets are monitored
in much smarter way. This technique gives companies an edge of full
utilization of the resources, for-example — if any manager mistakenly
invested in any less profitable project, it is of-course, wastage of
that whole money which was suppose to get satisfactory return if
invested in any better profitable project. This cognizance can be learnt
in business education, which will make you to save company's resources
from any wastage and open new avenues to utilize resources efficiently.
Generating funds is not bed of roses; it is not
possible to generate funds unless you have main focus on any waving
situation time to time. Business education teaches us to comprehend an
exact situation of situational changes and identifying good time to
investment, time value of money and return. Business education is the
virtual answer to make one rupee into rupees two or more with in no
time. This all required from today's managers, such guts could only be
learnt from business education only.
MANAGING THE WORKFORCE EFFECTIVELY
As we know that whenever we talk about company we
basically talk about three main resources of any organization — the
physical resources, financial resources and human resources. The last
one is most important and considered main hand behind the success of any
company. People are main hubs for furnishing organizations. The
workforce is handled by having their recognition and giving them
opportunities followed by competitive remuneration. If such policy is
adopted, then no doubt that all the employees will put efforts in
achieving organizational goals. There are many subjects throughout
business education where HR chapters are frequently discussed to hone up
the graduate's skills in getting work done through effectively managed
ORGANIZATIONAL FUTURE PLANS
The other factor which business education provides to
the managers are the futuristic predictions and plan about the
development of an organization. The business leaders are responsible to
move the organizations to the desired direction otherwise some hidden
complication will put organizations at stake. To evade from such
dangers, business education comes up with solutions of good future plans
of organizations development.
DEVELOPING STRATEGIES TO COPE UP WITH THE FORTHCOMING
The forthcoming challenges like all online banking;
information overload, knowledge management and mobile business in
particular are to be dealt with very effectively to make the
organizational roots stalwart. It is bit difficult to come up with quick
solution of huge complicated problems. Business education in some
E-Commerce and MIS courses got the answers to deal with.
CREATING A COMPETITIVE ADVANTAGE
The term competitive advantage means that anything
uniqueness in your product, which is not available in competitor's
product. To develop a competitive edge, the responsible managers look
for strategies and develop plans to bring any differentiation in the
product to entice the customers. The business education trains us in
such beneficial issues.
ETHICS OF DOING BUSINESS
The ethics are the codes of conduct. These are
positive principles, which have lots of impact on the society, any
domain of business or social activity. Companies must follow proper
business ethics. Business education teaches us to maintain the integrity
of the customers and provide ways to eliminate the non-repudiation ways
All the above factors are considered as crucial
business issues to address and crux of business opportunities to
Information Technology education is an other hot cake
in today's age. IT education provides the means of transferring
information from one node towards an other node, catering the needs of
dealing huge data records. It gets us with the development of networked
information systems throughout the whole organization and connectivity
with the rest of the world. Following are the paramount factors by which
IT education maintains the requirement of an organization.
The most difficult hindrance companies are facing is
the information overload. This information overload is managed due to
the advancement in databases. IT education has provided solution to
data-mine the required data from data warehouses in seconds. Any huge
information is stored very easily and we have technology to help us in
getting backups of all those data.
PROPER RETRIEVAL OF THE DATA
Retrieval of data is to get data from data warehouse
or other advanced database technologies from anywhere. This has become
possible because of the miraculous advancement in communication
technologies. The manual data is not easy to retrieve in the required
time but technology brings much easiness to retrieve it with in seconds.
The access can be easy for authorized people in any place where you are
ADVANCE COMMUNICATION SYSTEMS
The miraculous development in communication system
has brought every nations very closer to share one and other's
information and utilize that information according to their needs. IT
education lets us know about electronic and world mobile
telecommunication systems. We come to know about the benefits and
complex transaction processes because of such systems. These help us in
doing business with various nations.
WORLD CONNECTIVITY METHODS
After the advent of advanced communication systems,
the world's connectivity methods have become more demanding and some
time complex as well. An IT education is the guiding way to adopt some
affordable connectivity methods. These methods vary from company to
company and depends on the need of an organization.
EFFICIENT TRANSMISSION OF INFORMATION
The advancement in networking applications and mobile
technologies are the main source of effective transmission of
information. This has been a main focus of IT education since 1990s. IT
managers and Network specialists are efficient enough to accept the
challenges and find methods to address them.
An IT education had brought various beneficial ways
of doing easy and efficient transactions. The person sitting faraway
from US country but can do transaction with in seconds to any other part
of the world. Such things are possible because of an IT education.
WELL-MANAGED DATA FOR CRM
Customer Relationship Management method is the
possibility of managing huge customer data, their demographics,
psychographics and changing behavior through the advanced ERP connected
set up. Identifying customers, maintaining the whereabouts and their
changing preferences towards product. An IT education is the main hub to
keep huge records of customer.
NEW METHODS OF SCM
I think, gone of the days when IT managers were
focusing on the Information Systems only but new trend is not only
identifying customers from every part of the world but properly
formulate strategies to get the product into the customer's hands by
locating appropriate geographic wheel which will create supply chain
management activity. This is one of the modern discussion topics in an
EFFECTIVE INTER-INFORMATION SYSTEMS
IT education creates many directions to internal
information systems set up which provides very efficient communication,
sharing of information, hardware/software and much more. The IT managers
in such cases encourage the people to come forward with some new
This is a planned approach, which gives evolution to
intranet set up of any organization and then connected to the rest of
All the above factors are constellation of IT systems
which can take the responsibility of maintaining proper flow of
information, transaction and other important activities of the
In 1992, the advent of an Internet technology
mesmerized all executive level managers to bring their companies on the
web arena. People had supported the opinion that if you have an online
presence, you have got everything, so in such manner, every manager
started to make heavy investment in developing good and attractive
company's web pages to let the world know about their presence.
Unfortunately, they did not get the expected results as they thought of
online presence. The reason of negative results was not other than
missing business and marketing philosophy, which IT people, had less
focus on. The marketing philosophy shows the way to attract and make
positive and valuable perception about the company and its products.
IT education provides companies the way to be linked
with rest of the world while business education caters the needs to
understand other company's strategies and develop ways to bring any
distinction towards their product or services.
IT education provides the way to deal with today's
huge information overload while Business education's knowledge
management moves companies to identify which information is for which
decision and which resources are for what categories.
IT education is the platform where all top actors of
the companies are closer to one an other while business education is
like any conference room where all management gurus are suggesting the
points of organization's success.
IT education facilitates managers to develop
efficiency of doing exact things like connectivity, storage of records
and communication while business education gets us the effectiveness of
doing the right things like effective and timely decision making,
managing workforce and dealing with required situational strategies.
IT education provides the managers the right things
of technical aspect while business education gives us efficiency of
business aspect. But in today's age these both disciplines can never be
separated because all the business systems are the combination of IT and
Business marketing. There is a great need of developing the curriculum,
which supports both of them and might be merged in one to an other
discipline. Following are some of the mixed categories model, which I
have named as an Interdependence model for Business and IT education.
BUSINESS INFORMATION SYSTEMS
These systems are increasing the efficiency of
business activities through computer usage. The objective of BIS is to
maintain satisfactory transactions about the business. BIS includes
purchasing, electronic funds transfer, electronic data interchange and
transfer of business dealings through computers. This type of
information system seems to cover both business and IT education
categories. If some one wants to get complete understanding of such
information systems, he must be educated in business and IT concepts
first, and then must be told about the working of both in one category
as how they are mixed, how business can be pierced into computer based
MANAGEMENT INFORMATION SYSTEMS
The main theme of this system is to identify the
nodes of responsibility and connect them with each other. The
transactions of information level from first line managers towards
middle managers and then top-level managers is possible because of such
systems. These information systems maintain disciplines of certain
responsibilities from transaction processing systems to decision support
systems and then top-level expert support system managers. For equipping
with such system one has to be very potential in acquainting with the
complete concept of management and then information systems. The inputs
like entry of data and payroll towards the output like reports and final
decisions about certain problems are demanding concepts for such systems
ENTERPRISE RESOURCE PLANNING
This is the planned software set up which connects
various organizational departments; this system approach is to maintain
more coordination among the departments. Here the coordination factor is
for business education but this coordination is possible because of an
IT education. Therefore, this concept again supports the mixed approach
of Business and IT education.
ELECTRONIC BUSINESS MODELS
Business model is an approach towards finding any
unique idea, which makes difference in the companyís product, or any
such activity leading towards the profitability. The traditional
business models like intermediaries role model, marketing approach model
and advertising model are now converted into IT-based environment which
has been known like electronic broker model, Internet marketing model
and internet commerce or online advertising model. This is again
mustering the concept of mixed curriculum of Business and IT education.
MOBILE COMMERCE METHODS
The advancement in mobile technology has flourished
many business activities into a very satisfactory position. Today's
manager and any personnel or any other common person who is very busy
can check his or her bank account while he is on the way, he can order
any merchant and can get anything before he reaches at home or office.
This method has accelerated some other business activities also where
customers and sellers can deal just in seconds. This is once again
supportive for business education where all business activities can
come. On the other hand, IT education makes such activities possible
through mobile technologies.
After this interdependence model for both IT and
Business disciplines, the following framework has been developed to
create and focus mixed curriculum for both of the disciplines.
A FRAMEWORK OF BUSINESS & IT EDUCATION
Finance & Economics
System Analysis and Maintenance
The framework comprises on four main pillars where
each pillar has further four more important categories. Each category
represents complete gist of its pertinent category to cater the need of
today's fast paced changing technological age and knowing the fast
changing customer preferences through faster development in Business and
The first two pillars indicate the separate entity
factors where as the last two pillars are the mixture of Business and IT
The first pillar covers the pure aspects of business,
the subjects that deal with the complications of business and provide
methods to make the businesses effective.
The second pillar has the pure IT systems, which help
us in the proper transaction, communication and networked setup of the
today's required organizational activities.
The third pillar is the blend of IT and Business
categories. Communication helps us to know the modern need of electronic
communication, which helps us in perceiving communication with other
person, communication with other organizational branches, transferring
data and information with in seconds. On the other hand, business
communication covers the aspect of exact and ethical communication
activity, the proper regards, the proper follow up and excellent
presentation skills. Moreover, Organizational and International
communication are the basic nodes of linking one company to an other
company at the globe.
The fourth pillar is about the research, which is
opening ways for managers to know and develop business plans, projects
and makes them global and easy through technological models.
Since IT and Business education have almost taken up
the charge of modern business activities, we are in great need of
developing one mixed curriculum for IT and Business education to avoid
the mishaps which IT people get across alone and also evade from the
blunders which business people can come up when they just follow only
brick and mortar scenarios. Its time to facilitate, train & equip
our Senior and Young guns with the blend of IT and Business education as
they could abate the forthcoming complex business storms and open the
opportunistic windows of Organizational successes in this fast paced
business and technological era.
The writer is the Faculty member of Bahria