MBA (General) - IV Semester, Information Technology and E-Business, Unit 1.2
IT and its strategic uses
The success or failure of an organization in today’s highly competitive and technological business world depends on how they manage to streamline the flow of information between their departments and outside world. This is where IT comes into action. It deals with the application of technology to automate the flow of information in an organization’s information system. The strategic opportunities framework enables executives to identify opportunities for strategic use of IT.
IT and its strategic uses
The success or failure of an organization in
today’s highly competitive and technological business world depends on how they
manage to streamline the flow of information between their departments and
outside world. This is where IT comes into action. It deals with the
application of technology to automate the flow of information in an
organization’s information system. The strategic opportunities framework
enables executives to identify opportunities for strategic use of IT.
The main areas to be considered to study the
effects of IT are
Developing an IT strategy Issues like Critical
Success Factors, IT planning and manpower are considered. Manpower is very
important as it can decide on the Strategy being successful or not.
Strategic use of IT
Is IT necessary?
What impact has IT on the Business World?
What opportunities have IT brought into a
firm’s business area?
Is IT of any worth to the business?
