The paper "Information Technology Project Innovation Management" is an excellent example of a Business case study. Organizations are significantly promoting innovation as they strive to promote response to consumer needs, pursue a promising opportunity, overcome constraints, and general efficiency. Most organizations have seen significant improvements in computing performance, cost, size, and space. Innovation is significantly re-shaping the Information and Communication Technology Industry. Researchers in this field are striving to make information access cheaper, faster, and effective, the changes in the IT industry is therefore very huge. Finkelstein, (2006) observed that organizational culture is strong and very difficult to change.
The people tend to resist change and new ways of doing things just because of an installed mindset. The fear of change is inevitable. This is a great challenge to innovations. The management needs to make firm decisions that enable organizations to change and exploit the innovative minds of talented workers. IT has a great role as an enabler of innovation; it greatly impacts the innovation processes, nature of business value created, and the banking business, models. The current use of communication and decision support systems by organizations is an indication of the continuous use of IT to improve customer service and productivity. (Song and Song 2010) Many organizations have realized the need for people to work together to find new solutions to their problems.
They have now realized the need for an informal network of employees. This network can really help managers harness the real power of employee capability and organizational performance. The organizations are using informal networks initiatives to promote the spirit of working together to bring forth a sustainable business product. This study is centered on innovation and accelerated change in software evolution in the Information Technology Industry.
Reference is given to Information Technology innovation management literature. The case of study is Trust Bank, an organization that is implementing radical changes in its main business process due to the rapid change in Information Technology innovation.
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