quora
Nobody downloaded yet

Describe and discuss the concept of the various theories of strategic management and how information systems can be utilised to - Essay Example

Comments (0) Cite this document
Summary
STRATEGIC MANAGEMENT AND ROLE OF INFORMATION SYSTEMS IN ACHIEVING STRATEGIES ADVANTAGES Strategic management and role of information systems in achieving strategies advantages Author Author Affiliation Date Table of Contents Table of Contents 2 Introduction 3 Strategic management: A detailed overview 4 How Organizations use Strategic Management 5 Strategic Management Theories 7 Information Systems and Strategic Management 8 Information System: Basic Overview 8 Role of Information System in achieving Strategic Advantages 11 Advantages of using information systems 13 Challenges in implementing Information Systems 15 Bridging the Gap 15 Customized Tools 15 Conclusion 16 References 17 Introductio…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.8% of users find it useful
Describe and discuss the concept of the various theories of strategic management and how information systems can be utilised to
Read TextPreview

Extract of sample
"Describe and discuss the concept of the various theories of strategic management and how information systems can be utilised to"

Download file to see previous pages In this scenario, information technology provides a lot of tools that can help organizations implement strategic management effectively. Information system is a very useful tool which is currently used by the organizations to implement business strategies. This paper will discuss the concept of strategic management in detail. This paper will discuss how information systems can be useful for the organizations in achieving strategic advantage. This paper will also outline some challenges which are faced by the organizations while using information systems. Strategic management: A detailed overview Strategic management refers to a business methodology that is useful for the utilization in order to make the most competent use of available assets and resources in the process of operating some organization. However, the basic idea behind any strategic management process is to assess the existing status of the operation and all of its individual components, we must identify whether those components are being utilized in such a way to attain maximal outcome, and to expand and implement the required changes when and as necessary. In addition, if organizations successfully utilize this approach, it can help them improve the overall performance of the business; we have to move the business nearer towards reaching its declared goals. However, we should keep the expenditure of raw materials, supplies and other related resources in stability with the returns that are generated by the business efforts (Tatum, 2010). The idea of strategic management is not only used by the large companies. Even a small business that encompasses no more than one or two persons can use this decision-making technique to get advantage from the basics of this methodology. Whereas, the exact nature related to these processes and tasks necessary for the operations will be quite different between a mom-and-pop seller and a corporation which is considered as multi-national. However, the common idea behind this managing process will still be uses and considered as valid. When we apply these principals to the real-life conditions of the business, it is often likely to maximize the use of existing resources, reduce waste in the place of work, and eventually have a positive outcome on the bottom line of some organization (Tatum, 2010; Pollard & Hotho, 2006). In simple words, the term strategic management refers to a process by which a group of people or organization can examine the fact where they are at present, and also in addition they can think about where they want to be in the near future perspective and how they can create the visual ability and reality as when to reach where they want to reach in the coming future (Sulaiman, 2010). How Organizations use Strategic Management For achieving a competitive benefit position and also enhancing the organizational performance as compared to their competitors are the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Describe and discuss the concept of the various theories of strategic Essay”, n.d.)
Retrieved from https://studentshare.org/environmental-studies/1411917-describe-and-discuss-the-concept-of-the-various
(Describe and Discuss the Concept of the Various Theories of Strategic Essay)
https://studentshare.org/environmental-studies/1411917-describe-and-discuss-the-concept-of-the-various.
“Describe and Discuss the Concept of the Various Theories of Strategic Essay”, n.d. https://studentshare.org/environmental-studies/1411917-describe-and-discuss-the-concept-of-the-various.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Critically evaluate the strategic role of global information systems for organisations and discuss the management issues associa
This has given birth to the concept of aligning the business goals with technology layouts in most firms today. Information systems have provided a decision making infrastructure for global businesses in the midst of a digital economy whereby communication is dependent on the internet, mobile and fiber optics cable.
10 Pages(2500 words)Essay
Information Systems Theories Assignment
.............Page 3 Analysis of House of Commons Public Administration Committee Report…..Page 3 Role of Soft Systems Methodology in Solving HM Government IT Problems .Page 5 Modelling of Government IT Services Using SSM……………………………Page 6 Survey Process……………………………….
20 Pages(5000 words)Essay
Strategic Management of Information Systems
In practice, it has been proved that certain business sectors can affect business strategy at a higher level, compared to other sectors of the same
10 Pages(2500 words)Essay
Strategic Information Systems

The author states that computer systems have provided businesses today with an opportunity to maximize on their time, resources and human labor through introduction of programs like the ERP. Through adoption and formulation of ERP programs, a company will be able to produce more and management its work force more effectively.

15 Pages(3750 words)Essay
Strategic Information Systems ICT
This report outlines some of the major aspects and areas regarding ICT issues at the corporate. This report will try to assess some of the key issues regarding technology application and underlying technology issues those can hinder in the overall performance of Ready Rural Business.
10 Pages(2500 words)Essay
Critically evaluate the strategic role of global information systems for organisations and discuss the management issues associa
This can be greatly attributed to the development of information systems. Information systems consist of hardware and software systems that support data applications for business enterprises. Different models, programming languages and algorithms are used in development of information systems.
9 Pages(2250 words)Essay
Describe the role of information systems in careers in one of the following areas: accounting/finance, human resources, marketing, and operations management, and explain how careers in information systems have been affected by new technologies and outsour
mployed in the Human Resource as electronic systems which bring together information in the archives to be effortlessly retrieved and examined when required (Banach, 2015). Some information systems authorizes computerization of procedures, such as payroll tax calculations, while
6 Pages(1500 words)Essay
Strategic Information Systems
This statement goes onto an explanation of the dramatic and explosive growth of ecommerce all over the world. To be successful in selling products or services online, a company needs to take into consideration of a great deal of things more than just the product/service quality.
8 Pages(2000 words)Essay
STRATEGIC INFORMATION SYSTEMS ANALYSIS
British American Tobacco Plc is one of the leading global tobacco companies. Based in the Globe House in London, the company is a constituent of the FTSE 100
12 Pages(3000 words)Essay
STRATEGIC MANAGEMENT OF INFORMATION SYSTEMS
However, it has to be considered that information technology is relatively new in the business strategy scene. The facilities that information technology provides have an impact on people,
8 Pages(2000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Describe and discuss the concept of the various theories of strategic management and how information systems can be utilised to for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us