Wednesday, March 13, 2019
Business Intergration Essay
New IT stopments are important to all parentage disciplines because they generalization changes in securities industrying operations, e-commerce, logistics, human resources, finance, accounting, and relationships with customers and affair partners. Nothing about channel or corporate strategy is untouched by IT (Turban & Volonino, 2011).The five elements of an IT-enabled business strategyBusiness strategy * Contains the mission, vision, and objectives of the shaping * States the friendships market strategy * Describes the unique order proposition the company offers customers * Provides the distinct value configuration of the organization Business expectations of IT * Describes how the company might expect IT to grant to the success of the * business * Possible business expectations of IT include waiveing better value, cut down costs, * or improving products and services IT strategy * Provides discipline on IT applications * Describes how to develop the competencies of th e people who work in IT * States how IT is to be organized and controlled within the company* Describes the technical infrastructure IT assessment * Aims to reveal how technology helps or hinders a business * Can include network and systems performance reviews, software audits, and * design testing and development * Can include strategic evaluations, technical reviews, and put on the line management * Should recommend how to use technology to meet business goals IT plans * Outlines a companys long-term IT plans * Is concerned with how IT should be deployed, managed, and implemented in the * future * Should be cost impressive and in line with business goalsWhat are the advantages of aligning business and IT strategies? There are many advantages when an organization IT strategies are aligned with the organizations business strategies. Information technology is a primordial business function in almost every successful organization. An effective IT strategy will enable businesses to * Reduce cost* Standardize processes* nurture productivity* Improve risk control mechanism* Implement novel business strategies* Facilitate organic and acquisition driven growth* procure competitive advantage by exploiting radical technology Other attains of the continuative of IT and business strategy is automation, knowledge, organizational improvements, and innovation. Automation can result in increase efficiency while decreasing cost. Knowledge in IT is the talent of an organization to collect, store, process, and disseminate information. The benefit of knowledge gained from IT is cost reduction, greater efficiency, and increased revenues. IT also leads to organizational improvements which usually lead to more decentralized leaders structure which improves the overall effectiveness of the organization. Proper alignment of IT and business strategy can name an organization stand out and look contrasting from its competitors. This alignment can provide a competitive advant age for an organization.How does IT deliver business benefits that are related to the business strategy? IT delivers business benefit by performing high-speed, high volume, and numerical computation. IT provides fast, accurate communication and collaboration unrestricted by time and location. IT gives organizations the ability to store huge amounts of information that is accessible via private networks and the internet. In addition it enables automation of routine decisions qualification and help facilitate complex decision making. IT also improves the ability to make informed decisions. IT also helps to facilitate collaboration, enhance customer relationships, develop new analytic capabilities, and provide feedback on performance.ReferenceTurban, E., & Volonino, L. (2011). Information Technology for instruction (8th ed.). Hoboken, NJ John Wiley & Sons, Inc..
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