Strategic use of Information Systems
TITLE OF THE TOPIC:
"WHAT ARE THE STRATEGIC USES OF INFORMATION SYSTEMS AND ALSO THEIR CHALLENGES "
TABLE OF CONTENTS
DESCRIPTION
PAGE NUMBER
SUMMARY
3
INTRODUCTION
3
STRATEGIC INFORMATION SYSTEM-GENERAL DEFINITION
4
KEY FEATURES OF THE STRATEGIC INFORMATION SYSTEMS
6
INTERNET COMPETITIVE INTELLIGENCE
6
PORTER 'S COMPETITIVE FORCES MODEL AND STRATEGIES
7
BASIC WAYS TO GAIN COMPETITIVE ADVANTAGE
7
CHALLENGES OF INFORMATION SYSTEMS
7
BENEFITS OF USING INFORMATION SYSTEMS IN BUSINESS
9
CHALLENGES OF USING INFORMATION SYSTEMS IN BUSINESS
9
REFERENCES
10
SUMMARY
The concept of 'strategic information management ' conveys manifold images, such as the strategic use of information systems, strategic information systems planning, strategic information systems. Information can now be delivered to the right people at the right time, thus enabling well informed decisions to be made. Previously, due to the limited information-gathering capability of organizations, decision makers could seldom rely on up-to-date information but instead made important decisions based on past results and their own experience. This no longer needs to be the case. With the right technology in place to collect the necessary data automatically, up-to-date information can be accessed whenever the need arises.[1][3]
With the use of IT, as with most things, comes the possibility of abuse. Data integrity and security is of prime importance to ensure validity and privacy of the information being held. Managing the information involves identifying what should be kept, how it should be organized, where it should be held and who should have access to it. The quality of this management will dictate the quality of the decisions being taken and ultimately the organization 's survival.[3]
Strategic systems are those that link business and computer strategies. They may be systems where a new business thrust has been envisioned and its advantages can be best
"WHAT ARE THE STRATEGIC USES OF INFORMATION SYSTEMS AND ALSO THEIR CHALLENGES "
TABLE OF CONTENTS
DESCRIPTION
PAGE NUMBER
SUMMARY
3
INTRODUCTION
3
STRATEGIC INFORMATION SYSTEM-GENERAL DEFINITION
4
KEY FEATURES OF THE STRATEGIC INFORMATION SYSTEMS
6
INTERNET COMPETITIVE INTELLIGENCE
6
PORTER 'S COMPETITIVE FORCES MODEL AND STRATEGIES
7
BASIC WAYS TO GAIN COMPETITIVE ADVANTAGE
7
CHALLENGES OF INFORMATION SYSTEMS
7
BENEFITS OF USING INFORMATION SYSTEMS IN BUSINESS
9
CHALLENGES OF USING INFORMATION SYSTEMS IN BUSINESS
9
REFERENCES
10
SUMMARY
The concept of 'strategic information management ' conveys manifold images, such as the strategic use of information systems, strategic information systems planning, strategic information systems. Information can now be delivered to the right people at the right time, thus enabling well informed decisions to be made. Previously, due to the limited information-gathering capability of organizations, decision makers could seldom rely on up-to-date information but instead made important decisions based on past results and their own experience. This no longer needs to be the case. With the right technology in place to collect the necessary data automatically, up-to-date information can be accessed whenever the need arises.[1][3]
With the use of IT, as with most things, comes the possibility of abuse. Data integrity and security is of prime importance to ensure validity and privacy of the information being held. Managing the information involves identifying what should be kept, how it should be organized, where it should be held and who should have access to it. The quality of this management will dictate the quality of the decisions being taken and ultimately the organization 's survival.[3]
Strategic systems are those that link business and computer strategies. They may be systems where a new business thrust has been envisioned and its advantages can be best
References: 3.Karin Klenke, Changing roles of information systems professionals: from technical managers to strategic leaders, Proceedings of the 1993 conference on Computer personnel research, p. 214-225, April 1-03, 1993, St Louis, Missouri, United States 4.Bruce R 15.www.berkshire-is.comindex.htm.Berkshire Information Systems Inc.January 12, 2001 16.http://it.toolbox.com/wiki/index.php/Strategic_Information_System 17.http:www.misq.org archivistvol no10issue1vol10no1mason.html. March, 1986.Speaker Notes on slide 1 18.ARTICLE IN PRESS International Journal of Information Management 23 (2003) 337-344