Market Pressures
By: bcee • Essay • 352 Words • May 6, 2011 • 976 Views
Market Pressures
At first, strategic information systems were considered to be outwardly focused—that is, aimed at increasing
direct competition in an industry and visible to all. For example, strategic systems have been used to provide
new services to customers and/or suppliers, to increase customer switching costs, and to lock in suppliers, all
with the specific objective of achieving better results than one's competitors. But since the late 1980s, strategic
systems have also been viewed inwardly: They are focused on enhancing the competitive position of the firm by The Role of IT in Strategic Management
A strategic IS has been defined as "the information system to support or change enterprise's strategy". Strategic
management is the technique that an organization can plans the strategy of its future operations; in the other
word a SIS is a system to manage information and assist in strategic decision making. The term strategic points
to the long-term nature of this mapping exercise and to the large magnitude of advantage the exercise is expected
to give an organization (Turban 2006). Four critical factors in developing and strategic IS are Initiation, data
collection, strategy formulation and short-term development. These factors are used to prioritize proposed ISs, so
that those giving competitive advantage to the organization can be highlighted for immediate development
(Karababas et al, 1994). IT contributes to strategic management in many ways (for addition