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HI5019 STRATEGIC INFORMATION SYSTEMS- Assignment 2 business Report

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In groups of three or four, you will be required to conduct research on strategic information systems e.g. (AIS/ERP) for your client. Your team is required to pick a case study in one of the areas mentioned below (not limited to). Then prepare a Business Report for the client detailing the processes of selecting an information system (AIS/ERP) to help them to make informed decision for investment in information system to take their business to the next level including:1. Compare and contrast the issues and challenges that face strategic information systems planners. Your answer should clearly ...

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Question Preview:

In groups of three or four, you will be required to conduct research on strategic information systems e.g. (AIS/ERP) for your client. Your team is required to pick a case study in one of the areas mentioned below (not limited to). Then prepare a Business Report for the client detailing the processes of selecting an information system (AIS/ERP) to help them to make informed decision for investment in information system to take their business to the next level including:1. Compare and contrast the issues and challenges that face strategic information systems planners. Your answer should clearly discuss the issues each sector (private or public) face when managing IT/IS strategically.2. Critically evaluate whether or not an IS Strategy may help an organisation to achieve a competitive advantage. If an IS Strategy can help an organisation achieve a competitive advantage – how might an organisation sustain such an advantage?3. What approaches could an organisation adopt when attempting to develop innovative uses of strategic IS?4. Choose either Outsourcing or End User Computing, as a strategic option. Critically discuss how the Director of IT/IS of the chosen organisation would manage the strategic option you have chosen.5. Evaluate the statement that: Strategic Information Systems can add business value to an organisation through IT/IS. Your answer should include relevant case evidence that supports your arguments.6. Critically discuss what constitutes having a ‘good’ internal control in a contemporary and complex business world. Your answer should cover how organisations could develop an internal control strategy so that they are not exposed to excessive risks or behaviours that could harm their reputation for honesty and integrity of their staff.The report should be about 3,500 words and should be submitted in an MS Word format document for the client. Each group would be required to find information system (AIS/ERP) that addresses the different six aspects (mentioned above) of the clients’ business especially the area of their enumerated challenges and should also ensure that the client’s business requirements are addressed.HI5019 STRATEGIC INFORMATION SYSTEMS T3 2017Remember: this is a report intended to convince a board of directors to adopt your proposal. Your report must therefore be complete, yet concise; be clear and convincing, and professionally presented. Above all, the report must be specific to the needs of the business.Case Studies in the areas of: (The team needs to email the lecturer their choice) Public Transport Travel Real Estate Education Library Banking Immigration Health Medicine Pollution Manufacturing Agriculture

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In today’s contemporary business world, companies have understood the fact that they have to exploit all the potentials or capabilities of information system towards the success accomplishment of all the business operations in terms of gaining the maximum advantages from the information system implemented in the enterprises (Pilarczyk, 2016). Information System is playing great roles in all the aspects of business success especially competitive advantage (Yiu, Grant and Edgar, 2007). IS significantly deals with gaining its importance by processing the information from the inputs of the company for generating the data that is helpful in managing the operations (Laudon and Laudon, 2016). Hence, in this particular context, this report simply evaluate with a critical analysis whether the Information System strategy may help a company for achieving a competitive advantage. The banking sector would be considered in order to conduct the entire analysis. On the other hand, this study also demonstrates how a company might sustain such a competitive advantage. 2. Importance of Information System in Banking Industry The advent of computers has enhanced Information System being utilized as a business tool on a large scale (Yiu, Grant and Edgar, 2007). In particular, Information Systems are being utilized on a huge rage by almost all the business industry including the banking sectors (Pilarczyk, 2016). Laudon and Laudon, (2016) have stated in this context that the implementation as well as application of Information Technologies and Information Systems has brought significant improvisation in business processes. Banking industry is one of the significant sectors for reaping the advantages of Information and Computer. According to the viewpoint of Peppard and Ward (2016), the banking industry’s nature alongside the other financial industries involve trust and information.

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