Selection Of Information Systems
Relationship between Business Strategy and Information Technology Strategy
The use of Information Technology (IT) in most companies begins with the purchase of hardware, PCs and networks. In these cases the use of IT is based on the opportunities of technology. It is difficult for the companies to specify to what extent their resources and systems benefit the business and add to their market position. In such situations, information technology can be considered as the best to solve this difficulty. Now the companies are well versed the opportunity provided by IT to attain competitive advantage. (Lawson, 2006)
This IT strategy needs a distinct business strategy. The relationship between IT strategy and business strategy signifies the role of IT in the overall aim of the organization in terms of customers, suppliers, competitors, shareholders and authorities. Based on the business strategy, the particular IT strategy can be formulated with respect to the architecture and an infrastructure of the organization. This interrelation between the IT and business strategy specifies where and how IT benefits the business and organization’s market position. Nowadays IT is considered as the production factor as it is effectively incorporated in the strategic planning of the organization. (Technology strategy, 2008)
The Information technology strategy is a representation that defines the manner in which IT should be used as a component of overall business strategy of the organization. This strategy is in the form of a document that is prepared by Chief Information Officer (CIO) or technology manager of the company. (Lawson, 2006)
Role of Integration of Business Strategy with Information Technology Strategy
1. This integration results in providing high level benefits to the organization.
2. IT strategy is strongly linked to overall business strategy.
3. Provides summary of the...
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