MBA 520 Managing With Technology

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MBA 520 Managing With Technology

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MBA 520 Managing With Technology

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Course Code: MBA520
University: Seattle University

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Country: United States

Question:
You are to develop a technology plan for you property management company. Technology plan takes a closer look at the technological requirements and financials of your project. Your Technology plan specifically deals with hardware/software/technology requirements and a budget sheet reflecting proposed technology expenditures. The plan is also supposed to provide a short narrative part addressing technology requirements/concerns of your project. You prepare your technology plan as a separate word document that will later be incorporated into the master document. This assignment focuses on practical application of the concepts covered earlier in the course such as IT infrastructure, TCO etc.
Answer:

Throughout U.S. and Canada. The services provided by the company comprises finding property for rental, ascertaining optimal rent, tenant placement, tenant screening, rental collection and disbursements and other renal management services(Rental Property Management. Rental Management Services. (2017) .Technology plan comprises the manner in which the issues should be resolved by the company comprising the technologies and strategies to be adopted for the same (Schwalbe,  (2015). These issues which have been faced by the company are covering of mortgage in case rent are not paid; procedure or methods applied for collecting rent and whether they are properly managing property and cash available with them.
Technology Narrative
The goals that are to be achieved by the company through this technology plan have been specified below:

The foremost goal of technology plan is to continue to improve the methods which have been applied for accessing data regarding the rentals. It comprises amount due as well as the amount prepaid by the tenants. The same would be done by accessing the data through computer by creating online account of all the customers so that their status can be checked by company as well as customer in easy and quick way.
Maintaining and upgrading Infrastructure information technology system so that the operational efficiency and maintenances of assets can be done in appropriate manner.
Development of Asset Management Framework in accordance with organisational objectives and aims. The same is to be done so that the company could be sure that the things are done in appropriate manner relating to property and that the cash is being flowed in appropriate manner.

Hardware / Software/ Technology Infrastructure RequireMents 

Servers: Present system will be upgraded and existing computers will be supported by servers. They will act as domain controllers, mail servers and backup server. Two Windows Domain; one for staff and one for clients will be maintained so that clients can be managed more efficiently.
Property Management Information System:This technology is ideal for organizing all the aspects relating to property management business (Lientz & Rea, (2016 ). A detailed inspections and maintenance of all the existing data along with reconciliation at the end of month can be done with this. In present case as the company is facing issue regarding maintenance accounts of  tenants; thus the same will be resolved in appropriate manner after indulging these system in the company on an continue basis.
Infrastructure Information System:An appropriate infrastructure information system supports the responsive change and the organization is able to organize the available information in appropriate manner (Cetindamar, Phaal & Probert, (2016). The application will assist company in resolving issues like covering the mortgage in case the rent is not collected.
Complete Human Resource Information System: Human Resources Information System is an intersection of human resources and information technology through HR software.  In accordance with views of Johnston & Marshall, (2016) it comprises the capability of creating reports and accessing the same more quickly. The time which is being saved through this can be applied for tracking the performance of employees of company which have been employed for assessing the available assets i.e. cash, property etc.

Technology Budget Sheet

Particular

 Year I

Year II

Year III

Year IV

Year V

Hardware (Server and other equipments)

500

200

350

400

150

Software

300

100

250

300

200

Outsourced IT Services

150

150

150

200

200

Infrastructure and Operations

400

450

500

550

600

Staff Recruitment Expenses

100

150

150

100

100

Training and Development Expenses

200

250

300

350

300

Total

1650

1300

1700

1900

1550

Note: Figures taken in above budget are taken in accordance with the changes which will be adopted by the company as per the need or demand of change in technology and other variants which impact the business on major basis.
Staff Recruitment and Training
The technology or system relating to staff should be revised in accordance with the requirement of company.  As per the views of Carvalho, Fleury & Lopes, (2013) the field of technology alters in a continuing manner and thus the same requires continue education training. The manner of recovering rentals should be made clearer to the staff and property should be provided for rent only after assessing their financial back ground (Nicholas & Steyn, (2017). An efficient manager for the purpose of asset management should be appointed who is capable of operating available applications as well as have good knowledge regarding management of assets.
Evaluation
The plans available in the project will be reviews by the manager and senior officers at a period of every three months.  Each goal and objective of the plan is having a specified deadline and appropriate officers have been employed with an order to ensure that the projects are completed within scheduled time frame. In case the issues relating to rental receivables and management of asset is not resolved which are the main obstacles faced by the company; the specified plans will be revised so that predetermined goals can be achieved.
References
Books and Journal
Carvalho, M., Fleury, A., & Lopes, A. P. (2013). An overview of the literature on technology roadmapping (TRM): Contributions and trends. Technological Forecasting and Social Change, 80(7), 1418-1437.
Cetindamar, D., Phaal, R., & Probert, D. (2016). Technology management: activities and tools. Palgrave Macmillan.
Johnston, M. W., & Marshall, G. W. (2016). Sales force management: Leadership, innovation, technology. Routledge.
Lientz, B., & Rea, K. (2016). Breakthrough technology project management. Routledge.
Nicholas, J. M., & Steyn, H. (2017). Project management for engineering, business and technology. Taylor & Francis.
Schwalbe, K. (2015). Information technology project management. Cengage Learning.
Thamhain, H. J. (2013). Management of technology: Managing effectively in technology-intensive organizations. John Wiley & Sons.
Online
Rental Property Management.Rental Management Services. (Online). (2017). Available through

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