Using IS to Re-invent Strategy – Assignment Example
The paper "Using IS to Re-invent Strategy" is a wonderful example of an assignment on business. The procedure through which corporations build decisions for their corporate handling and future is called strategy. A business strategy is really significant for any organization. The development of the information technology and information system in mid-1980 was intended to tackle and address the specific requirements of executives and business administration. The development of the decision support and corporate management systems has offered a great deal advantages regarding business management. However, these systems are employed to serve as all-purpose systems intended for higher management requirements and do not spotlight the business strategy procedures (Laudon & Laudon, 1999; Stair & Reynolds, 2003). Fragidis & Tarabanis (2005) outlined that some business crisis has been evident that if business information systems do not convene the expectations of business strategists, the overall corporate operational structure goes down (Fragidis & Tarabanis, 2005). According to Silver, Markus, & Beath (1995), information technology can be utilized to facilitate business procedure reengineering (Silver, Markus, & Beath, 1995). In this scenario Peters, Heng, & Veta (2002) outline that at the level of general business strategy, there is a type of organizational tasks dedicated to recognizing the potential to enhance the business overall management operations and ROI. The implementation of a business information system offers a great deal corporate advantages and enhanced business operational management. In this scenario, the development of IS strategy aims to improve the corporation’s overall functionality. This factor is a foremost point in the general business strategy development; therefore it can be said that information systems can support a business strategy (Peters, Heng, & Veta, 2002). Furthermore, Peters, Heng, & Veta (2002) stated that IT interaction model could be employed in two basic manners initially proactively, to examine the problems involved in applying a business information system and to formulate suitable recommendations for action. In this scenario, organizations can also use the IS and IT interaction model reactively, to examine what are the main emerging trends and transformations happened following an information system introducing into the business and to develop recommendations for better business development. This also leads to a tight interaction development among the information system and business strategy. Therefore, we can conclude that information systems can support a business strategy.