In this report, you need to deliver a report to discuss literature review of evolution and trends in...

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In this report, you need to deliver a report to discuss literature review of evolution and trends in Strategic Information Systems (IS). Research expectation: • The submission needs to be supported with information by credible sources. • Credible sources should be varied and include, but not limited to, the Textbook, Government reports, Industry reports, Newspaper articles, Books, and Journal articles. • Use the EBSCO Databases accessed through the Library and Learning Support page on Moodle to find journal articles, case studies and more to help you prepare your assessment. Speak with the library assistants or email ([email protected]) if you require further assistance.

Background information for the assessment 2: Strategic use of IS was first raised in research papers in the early 1980s. Early research in the field focused on “gaining competitive advantage”, but after the appearance of research doubting the effectiveness of IS/IT in organizations (known as the “productivity paradox”), it addressed issues like effectiveness and alignment of IS with organizational goals and strategies. These issues were so influential on the IS/IT literature of the 1980s and 1990s that the decades were named as “Strategic Information System Era”. Requirements for assessment 2 report: 1. Introduction of early strategic use of IS since 80s with examples and effect on business performance 2. Issues arise from the early strategic use of IS since 90s 3. Research conducted to solve the issues from the early strategic use of IS since 90s 4. Critical factors leading to the successful strategic use of IS Unit Name/Code Strategic Information Systems/MBIS5012 Assessment Type Individual report Assessment Number 2 Assessment Name A2: individual report Unit Learning Outcomes Assessed Unit Learning Outcomes ULO01: Evaluate the changing role of Strategic Information Systems and Technology in organizations ULO02: Apply the evolving role of Strategic Management Frameworks for strategy formulation to gain a competitive advantage Graduate Attributes Assessed GA1: Communication GA3: Research GA4: Critical thinking and problem solving GA5: Ethical behavior GA6: Flexibility Due Date and Time Friday 5pm, week 7 Weighting 20% Assessment Description In this report, you need to deliver a report to discuss literature review of evolution and trends in Strategic Information Systems (IS). Research expectation: • The submission needs to be supported with information by credible sources. • Credible sources should be varied and include, but not limited to, the Textbook, Government reports, Industry reports, Newspaper articles, Books, and Journal articles. • Use the EBSCO Databases accessed through the Library and Learning Support page on Moodle to find journal articles, case studies and more to help you prepare your assessment. Speak with the library assistants or email ([email protected]) if you require further assistance. mailto:[email protected] Detailed Delivery and Submission Requirements 1. Submission must be delivered in a report format: executive summary, table of contents, introduction, body, conclusion and reference list. Word limit: between 1600 - 2200 words (not including executive summary, table of contents, tables, figures or the reference list). 2. Retain the formatting for Times New Roman 11 font, 2.5 margins, 1.5 spacing and place captions for all tables and figures. 3. Use Harvard referencing for the reference list. 4. Submit the assessment 2 to moodle by Friday 5pm, week 7

assessment-2-spec-2-xgeajtfw.pdf

Dr Raghunandan G · Accepted Answer

1
It is important to have a solid IT strategy that outlines how the company's overall strategy will be enhanced by new technology. For example, synchronisation of business projects and the needs of workers, customers, and other stakeholders is a necessary aspect of an organization's planning process (known as business synchronisation). For a firm, strategy is a blueprint for how it plans to accomplish its goals and objectives. Organizations can use a business plan to determine how they will recruit new employees and allocate their resources, according to Yolande E. Chan (2022). To ensure that the company's overall goal is met, all departments must work together in a corporate structure.
An investment of organisational units was established by the Boston Consulting Group's growth–share matrix, developed around 1970, with each unit's share (a benchmark of its marketable closeness to its colleagues) and growth in the market depicted graphically (a indicator of market attractiveness). 45 percent of Fortune 500 companies employed some form of the matrix in their strategy planning by 1979, according to a recent poll. To help firms decide where their resources should be invested and which businesses should be exited (i.e high-margin, elevated enterprises), this method was used (i.e., low market share, low growth businesses.)
After liberalisation and a less competitive environment in the 1980s, several conglomerates broke up, believing that portfolios of functional units in different areas were more valuable than numerous individual enterprises. While the popularity of portfolio theory has fluctuated, the fundamental characteristics explored (competitiveness and competitive position) have remained relevant to management.
1. Portfolio theory is a method that focuses on acquiring assets to diversify one's portfolio. The corporation reallocates funds among some of the units and keeps track of each business unit's and its executives' performance. Every unit is normally self-contained, with little intervention from the company offices as long as objectives are accomplished.
2. Reorganizing: The corporate office buys a company and then actively intervenes in it if it sees potential, usually by altering managers and introducing a new strategic plan.
3. Transferring knowledge: Important management and organizational talents are effectively dispersed among several companies. To get a competitive advantage, the talents must be required.
4. Integrating tasks: The combined corporation's ability to reduce expenses by leveraging specialized operations like marketing, accounting, and so on.
Characteristics of business strategies:
More items can be cross-sold:Some companies aim to provide the same customer with a greater variety of products. Whether it's an office supply store, a bank or an online retailer, cross-selling is beneficial.
Good or service that is most creative:Several businesses, especially those in the electronics or transportation sectors, differentiate themselves by developing cutting-edge goods.
Increase sales with new items:As a result, some companies prefer to invest in research and development in order to stay ahead of their competitors.
2.
As Mintzberg put it in 1994, "connecting the dots" (synthesising) trumped "investigating" (i.e., "finding the dots"). In the end, it was all about "collecting what the executive understands from all resources (soft insights from personal experiences and those of people throughout the company,

In this report, you need to deliver a report to discuss literature review of evolution and trends in Strategic Information Systems (IS). Research expectation: • The submission needs to be supported...

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