What strategic role can information play

Companies can use technology to help them gain an advantage over their competitors. For this reason technology has become a critical factor for companies in achieving a competitive advantage. In fact, studies have shown that companies that invest in new technologies tend to improve their financial position over those that do not. However, the technologies a company acquires should not be decided on randomly, such as following the latest fad or industry trend.

Rather, the selected technology needs to support the organization's competitive priorities, as we learned in the example of FedEx. To achieve that, chief information officers have become key members of board teams developing and delivering strategic solutions for the business. The aim is to make an organization more competitive by aligning business strategy with IT strategy. Organizations that want to improve their innovation capabilities and develop new products or services for the market can use cloud computing to speed up the process.

Cloud computing enables organizations to rent additional IT resources during the development project on a pay-as-you-go basis, rather than investing in fixed resources. Organizations can use the additional resources to run pilot programs or speed up development. This provides an important strategic advantage by enabling the organization to get new products to market quickly, ahead of the competition.

Cloud computing enables organizations to scale up their IT resources quickly in response to changing market conditions. Organizations that offer products and services online may find it difficult to handle a surge in traffic, which could result in lost business. Business Process. Premium Business process reengineering , Business process Words 2 Pages. HOME What strategic role can information play in business process reengineering.

Page 1 of 50 - About Essays. Business Process Reengineering Describe each of the four kinds of organizational change that can be promoted with information technology. Determining when new systems and business processes can have the greatest impact is involved in these challenges Premium Business process reengineering , Business process management , Process management Words 12 Pages Open Document.

This is reflected in the hierarchical structuring of organisations around functional Premium Business process reengineering Words 26 Pages Open Document. In this chapter we explore the principles and assumptions of BPR and identify the factors affecting its Premium Business process reengineering , Management , Organization Words 41 Pages Open Document.

Information Technology plays a crucial role in BPR as it offers office automation and help the business to be managed in remote distance Premium Business process reengineering , Business process , Management Words 13 Pages Open Document. Business Process Reengineering Business process Re-engineering life cycle. Business process Business process management Business process modeling Business process reengineering Management Organization Process management.

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