INFORMATION TECHNOLOGY AS A KEY TO STRATEGIC MANAGEMENT There are a number of arguments concerning the role of information technology in the strategic management process for business organiz 1700w
INFORMATION TECHNOLOGY AS A KEY TO STRATEGIC MANAGEMENT There are a number of arguments concerning the role of information technology in the strategic management process for business organiz 1700w
INFORMATION TECHNOLOGY AS A KEY TO STRATEGIC MANAGEMENT 1700w
There are a number of arguments concerning the role of information technology in the strategic management process for business organization. Nonetheless, this paper tries to provide the importance of information technology on strategy management process. Accordingly, the first part of the paper provides a brief discussions on key terminologies used in Information Technology(IT) in line with clarification about Information Technology. Words like Information Technology, Information system, and Management information system clarity for the purpose of contextual meaning in subsequent discussions. In this part emphasis is given for the benefits of information technology for strategy management process.
The Second part of the paper tries to explain about strategy and strategic management, organizational understanding and types of strategic leaders in the organization.
The final part of the paper provides a detail discussion on the role of information technology in the strategic management process focusing on basic understanding on Information technology and its integration with the strategic management. This part of the paper presents conclusions illustrated in the main text body.
Here in after, the term Information Technology is used to describe the usage of a wide variety of items and abilities used in the creation, storage and dispersal of information. Information technology focuses on processing of information which is the basic part of strategic management process, called Strategic analysis.
In this regard, Information technology is used to as an essential input to the process of strategic decisions. The following paragraphs are devoted to provide some benefits in using information systems.
The word Information System in this context describes a usage of a computer system to process data and produce business information. For processing of data Hardware, software, peoples, procedures are considered.i.e.they constitute information system.Here, Hardware is referred as part of a computer system that can be touched and seen by our sense organs. Keyboard, Mouse, Monitor, printer etc are grouped under Hardware. However, Software is part of a computer system that cannot be touched with our necked eyes. This include operating system software, and the applications software, hence, computer becomes nothing by itself without software.
Using information systems import a number of impacts on an organization success. These impacts can benefit the organization, users of the information system, and any individual or group who will interact with the information system.