{"id":16316,"date":"2022-03-17T06:19:36","date_gmt":"2022-03-17T06:19:36","guid":{"rendered":"https:\/\/www.soil.edu.in\/?p=16316"},"modified":"2026-02-05T12:09:17","modified_gmt":"2026-02-05T06:39:17","slug":"why-do-management-professionals-need-a-tech-advantage","status":"publish","type":"post","link":"https:\/\/soil.edu.in\/blog\/why-do-management-professionals-need-a-tech-advantage\/","title":{"rendered":"Why Do Management Professionals Need A Tech Advantage?"},"content":{"rendered":"<style>\n.inner-pic {\n    display: none;\n}\n.blog-pic {\n    width: 100%;\n    float: left;\n    text-align: center;\n}\n.blog-pic img {\n    width: 70% !important;\n}\n.new_blog_section p strong {\n    font-family: 'Franklin Gothic Book', arial;\nfont-weight: 900;\n}\n.new_blog_section ul li strong {\n    font-family: 'Franklin Gothic Book', arial;\nfont-weight: 900;\n}\n.new_blog_section p a {\n    color: #008037;\n}\n.text-new {\n    width: 100%;\n    float: left;\n}\n.new_blog_section .new_blog_right_sidebar ol li {\n    background-image: none !important;\n    list-style-type: decimal;\n    display: list-item !important;\n    padding: 0px 0px 15px 10px !important;\n}\n.new_blog_section .new_blog_right_sidebar ol {\n    padding: 0px 0px 0px 40px;\n    margin: 0px 0px 0px 0px;\n}\n.blog_wrapper_full .one_column {\n    padding: 0px 0px 0px 0px;\n    margin: 0px 0px 0px 0px;\n}\n.pic-new {\n    width: 100%;\n    text-align: center;\n}\n.pic-new img {\n    width: 100% !important;\n}\n.new_blog_section h6 a {\n    color: #008037;\n}\n.text-new1 {\n    width: 100%;\n    float: left;\n    font-size: 25px !important;\n    text-align: center;\n\tmargin: 20px 0px 20px 0px !important;\n}\n.new_blog_section .one_column.pb_2 li a {\n    color: #008037;\n}\n.content-new1 {\n    padding-bottom: 0px !important;\n}\n.blog-pic1 img {\n    width: 100% !important;\n}\n.one_column.pb_2.list-new li {\n  background-image: url(https:\/\/www.soil.edu.in\/blog\/wp-content\/uploads\/images\/tick-icon.png) !important;\n  list-style-type: none;\n  padding: 0px 0px 12px 20px !important;\n  margin: 0px 0px 0px 10px !important;\n}\n.text-new2 {\n  width: 100%;\n  float: left;\n  margin: 20px 0px 0px 0px !important;\n}\n.text-new4 {\n  width: 100%;\n  float: left;\n  text-align: center;\n}\n<\/style>\n<p class=\"one_column pb_2\">For a management  professional a tech background can mean the following:<\/p>\n<div class=\"blog-pic\">\n<p><img decoding=\"async\" src=\"https:\/\/www.soil.edu.in\/blog\/wp-content\/uploads\/2022\/03\/why-do-management-professionals-need-a-tech-advantage-2.jpg\" alt=\"Why Do Management Professionals Need A Tech Advantage?\" title=\"Why Do Management Professionals Need A Tech Advantage?\"><\/p>\n<\/div>\n<ul class=\"one_column pb_2\">\n<li>You  find it easier to define what is needed in terms that a developer team can  easily understand.<\/li>\n<li>You  can discuss the scope of any project knowing what may have a bigger impact on the  collective efforts of the group.<\/li>\n<li>You  can build relationships faster with all members of the team. Specially, the  technical background would help a management professional understand the system  as a whole and more importantly understand the concerns raised or solution  provided by the technical teams. This way, we as managers and leaders can  contribute in create a robust solution.<\/li>\n<\/ul>\n<p>Concisely, having  a tech advantage is like being the interface between the business world and the  technical world. As a manager with technical know-how, one can have a foot in  each world and understand both technical issues and business issues. The best  tech-managers find good solutions when technical concerns conflict with  business concerns and vice-versa. This cannot be done without understanding  both sides of the problem.<\/p>\n<p>As we are  talking about a Tech-manager the background usually means one can build  relationships faster with teams. It&rsquo;s easier to speak the same language and  understand how to transmit ideas in a way that will compel engineers. Hence,  it&rsquo;s a win- win situation and also can lead to the enhancement in the overall performance.  There is a bigger likelihood that the project goals will be understood by all  team members, the results will get achieved and the projects closed on time.<\/p>\n<p>Businesses  have been able to change from small mom-and-pop shops to global household names  because to technological advancements. Technology&#8217;s potential to improve a  company&#8217;s competitive advantage in the marketplace by promoting strategic  thinking and information transfer is one of the most fundamental advantages of  technology in business. Companies may now aggregate, understand, and transfer  information like never before by accessing and exploiting social networks and  subscription databases.<\/p>\n<p>This has  provided businesses with unprecedented access to customers and consumers,  allowing them to produce new and improved products. Technology is assisting in  the reshaping of the corporate landscape. Technology is no more an obscure  phenomenon that exists only in the context of specific organisations and  industries. Different companies can build a sustained competitive advantage  through technical innovation, which can help them solidify their position as a  segment or industry leader. The same concepts can be applied to all leaders and  managers.<\/p>\n<p>The advantage  that tech can provide companies by giving them competitive advantage, is  equally applicable when it comes to an individual manager \u2013 they are quick and  adaptable, they use the right tools and platforms to solve problems or simplify  processes, they understand all aspects of any project or business requirement,  they take the team along, and can use technical know-how to propel business  goals.<\/p>\n<p>Technology and  Business Management combined, improve decision-making for key IT initiatives by  automating reporting, assisting executives in managing the cost and quality of  the services they consume, allocating IT resources to the most important  business priorities, and transforming IT from a cost centre to a profit  enabler.<\/p>\n<ul class=\"one_column pb_2\">\n<li>Establish  a clear process for analysing and managing information technology.<\/li>\n<li>Create  a framework for managing information technology as a business.<\/li>\n<li>Communicate  the business&#8217;s value of new IT investments.<\/li>\n<li>IT  can be transformed into IT-as-a-business-service.<\/li>\n<li>Allow  for efficient system replacement while maintaining a suitable cost-benefit  ratio.<\/li>\n<li>To  improve technology services and high-priority business activities, benchmark IT  resources.<\/li>\n<li>To  achieve specific business results by combining IT services with business  competencies.<\/li>\n<\/ul>\n<p>Additionally,  having additional skills, especially in tech, can also help a manager better  compensation, ample job opportunities and a clear ROI beyond just an MBA degree  &#8211;&nbsp;The degree enables them to be future ready with a great career  advantage.<\/p>\n<p>In SOIL, the  curriculum is set up in a way that it helps each of us to develop the  understanding of various technical skills and how it fits into the business  world. At SOIL, we study courses like R, POWER BI, PYTHON, Marketing Analytics,  Digital Marketing, AIML etc. so that we can take the lead in our careers.<\/p>\n<p><strong>Payal Nayak<\/strong><br \/>\nPGDM, Class  of 21-23<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For a management professional a tech background can mean the following: You find it easier to define what is needed in terms that a developer team can easily understand. You can discuss the scope of any project knowing what may have a bigger impact on the collective efforts of the group. You can build relationships &hellip; <a href=\"https:\/\/soil.edu.in\/blog\/why-do-management-professionals-need-a-tech-advantage\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Why Do Management Professionals Need A Tech Advantage?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":16367,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"posts_by":[],"audience":[],"industry":[],"faq":[],"class_list":["post-16316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Management Professionals Need a Tech Advantage | SOIL<\/title>\n<meta name=\"description\" content=\"The top b-school in India, SOIL Institute of Management answers why management professionals need a tech advantage.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/soil.edu.in\/blog\/why-do-management-professionals-need-a-tech-advantage\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Management Professionals Need a Tech Advantage | SOIL\" \/>\n<meta property=\"og:description\" content=\"The top b-school in India, SOIL Institute of Management answers why management professionals need a tech advantage.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/soil.edu.in\/blog\/why-do-management-professionals-need-a-tech-advantage\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog - 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