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What should an information system achieve for an organization in order to be considered a strategic information system?
Wiki User
∙ 10y ago
These systems are developed in response to corporate business initiative, and are meant to give competitve advantage to the organization. The information system must offer something unique - like a lower cost or software differentiation - or be otherwise innovative.
Wiki User
∙ 10y ago
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The extent to which the project is viewed as helping the organization achieve its strategic objectives and long-term goals describes?
strategic alignment
What are strategic initiatives?
A strategic initiative (SI) is an endeavor intended to achieve three interrelated outcomes:A boundary-spanning vision or "strategic intent"Realization of important benefits to "strategic" stakeholders andTransformation of organization
What are the importananec of strategic management?
The strategey can de defind as along range broad based organization plan in order to achieve the organization goals and objectivies.
What is strategic information management and why is it important in organisation?
Strategic management is the art and science of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its objectives. It is the process of specifying the http://www.answers.com/topic/organization's objectives, developing policies and plans to achieve these objectives, and allocating resources to implement the policies and plans to achieve the organization's objectives. Strategic management, therefore, combines the activities of the various functional areas of a business to achieve organizational objectives. It is the highest level of managerial activity, usually formulated by the http://www.answers.com/topic/board-of-directors and performed by the organization's http://www.answers.com/topic/chief-executive-officer (CEO) and executive http://www.answers.com/topic/team. Strategic management provides overall direction` to the enterprise and is closely related to the field of http://www.answers.com/topic/organizational-studies. courtesy : http://www.answers.com
What is a strategic intent of an organization?
Strategic intent refers to the purposes the organization strives for. These may be expressed in terms of a hierarchy of strategic intent. The framework within which firms operate, adopt a predetermined direction and attempt to achieve their goal is provided by a strategic intent. The hierarchy of strategic intent covers the vision, mission, business definition, business model and the goals and objectives.
What is the basic thrust of strategic decision making?
The basic thrust, or idea, of strategic decision making is choosing actions that will help an organization or group achieve its goals or continue to achieve them. It involves choosing these actions wisely and effectively carrying them out.
What is information system planning?
Information system planning is the process of defining the strategic direction for an organization's use of technology to achieve its goals. It involves assessing current systems, identifying future needs, aligning IT resources with business objectives, and creating a roadmap for implementing and managing technology solutions effectively. The goal is to ensure that technology investments support the organization's overall strategy and objectives.
What is an example of matrix organization?
Simply you can say,the information which make your work easy for achieve the goal, such information you get form any department, from any organization, or community.
What are the functions of modern finance manager?
There are 4 key roles in any organization in present day scenario:Steward -- control over assets of the organizationOperator -- creates strategic framework to monitor the efficiency of finance processStrategist -- acting as a strategic advisor to align the organizational goalsCatalyst -- acting as change agent to execute and monitor necessary changes to achieve the overall strategic objectives of the organization
Why do businesses have mission statements?
Vision and mission statements help create a foundation by which strategic planning can be developed in an effort to achieve the overall goals and objectives of the organization.
What is policy and strategy?
Using business policy and strategy is called strategic management. Strategic management helps business make decisions and use information that help achieve company objectives.
What is business policy and strategy?
Using business policy and strategy is called strategic management. Strategic management helps business make decisions and use information that help achieve company objectives.
