International business management Strategic Information Management Essay

internationalistic business care Strategic Information Management - Essay ExampleSIM is important because tuition tends to find vague and complicated and very often it can be Organisational Activity can demonstrate a lack of quality in the training.2 A Strategic Information System (SIS) aligns itself with the management strategy and the mental synthesis of a Firm and allows the timely response to changes recurring in the business environment and competition issues.3 Wiseman (1985) has define the strategic information system (SIS) as, The information system to support or change enterprises strategy.4 The customary perspective of Information management involves a reference to the management of any kind of information .This may involve document management, electronic document management records management, document imaging, offshoot automation and digital plus management.(Wiseman 1985)Historically information management was subject to the nuances of bureaucratic procedures an d had a limited role in management decisions.(Galliers 1991).The potential of profit by information management systems has only emerged in the recent decades and the modern businesses beguile information as a weapon a spend a pennyst competition and a strategic resource. (Galliers 1991).The former attitude changed radically in the mid-sixties when organisations started viewing information as a tool for general management support. Until the decade of the eighties however information management was limited to weekly financial and management reporting and accounts of scroll and arrears.(Galliers 1991)During the early nineties these information systems emerged as serving a special purpose. At this point information systems like decision-support systems (DSS)5 and executive support systems (ESS)6 became popular with the main aim of support and the fast expedition of the decision-making process of organisations (managers and executives). (Swatman 1995).Prominent examples of Strategic i nformation systems have included the use of SABRE and APOLLO by the US Airlines in the past for the increase in travel bookings of these Carriers by making sure their names appeared on the beginning screens of the travel agents.7In the recent times Information has emerged as a strategic resource to gain competitive advantage, as well as to defeat and frustrate the competition. ( usher 1985).An important example quoted by Porter (1985) of information management is the Paperwork Reduction Act of 1980 the philosophy behind which was to manage information by requiring national government agencies to develop an information resource officers role. Such systems being an integral part of SIM ensure the organisations excerption in the fast track corporate world. Porter(1985) has likewise identified a value chain amaze to help identify problem areas in information systems in order to supply a strategic advantage. Porter (1980) has also identified the competitive forces model which describ es a number of external threats and opportunities which can be countered by competitive strategies. See below for a model diagram of both these concepts.The potential of information systems is immense as it can be developed to not only defeat rivals but also to counter the pressure from competing substitutes and an