A busniess strategy is a well-articulated vision of where the business seeeks to go and how it expects to go there, it is the form by which a business communicates its goals. Successful firm's business strategy drives both their organizational and IS strategies, all decisions are driven by the firm's business objectives, they must seek to balance business, organizational and IS strategies.From the Information System Strategy Triangle, we can see that the IS strategy triangle consists of Business Strategy, Organizational strategy is concerned with envisioning a future for your family business, creating value in the eyes of your customers, and building and sustaining a strong position in the marketplace. Information Strategy means the hardware, software, application, database, procedure, people, network. As we know, the Successfully firms’ business strategy drives both their organizational and IS strategies. It means that they must seek to balance business, organizational, and IS strategies. IS Strategy is affected by the other strategies a firm uses. Organizational and Information Strategy are then dependent upon the Business Strategy. Changes in any strategy requires changes in the others to maintain balance (rubber band!). Business, IS and organizational strategies must be constantly adjusted. IS strategy always involves consequences on business and organizational strategy.
2.As a business strategy is developed it should be used to inform the strategies of the departments that make up the organization, in this way the Organizational and IS strategy of a company would be influenced by the business strategy. When a company wants to change its business model from traditional to E-commerce, the Organizational and IS strategy will also change following the Business Strategy so that the IS Strategy Triangle can keep balance. Adoption of e-commerce strategies implies that new technologies must be mastered and new ways of working will be encountered. An organization must analyze the requirements and ensure that it can meet them so that the organization can have a high success in its business.
When a company wants to change its business model from traditional to online, the overall strategy should be changed. But the most important is that the triangle must be balabce, make the business strategy drives the organizational and information strategy.
3.The Chief Information Officer (CIO), whose position is providing strategic direction, planning, oversight, delivery and accountability for information technology (IT) activities. This position requires an individual to roll up their sleeves and contribute while leading the IT function within the organization. Key areas of responsibility include planning, organizing, staffing, directing and controlling company information technology functions. The Chief Information Officer will serve as the primary point of contact, Kiewit's technology head, and report to the Senior Vice President of Operations and Administration. The incumbent will work with technology to provide a strategy for driving the company's Business Plan and effectively communicate the strategy throughout the organization .Since the Respondents said they needed to be more involved in vision setting, organizational strategy and communication, in addition to the advice they provide to the business on technology, the CIOs considered application development and integration as potential areas for cost reductions, while intelligence and analytics were not considered as important. And they also believe that application development and integration are still significant areas of focus for achieving cost reductions and securing overall value. However, Knowledge, intelligence and analytics, on the other hand, are not considered priorities. According these, the CIOs of Fast Company suggested the business strategy and organizational strategy and declare that the job of the CIO is to provide organizational and strategic flexibility.
Reference:
Omaha N.E (January 23, 2009), [Posted 2009/01/23 ]EXECUTIVE CONSTRUCTION JOBS, Chief Information Officer (CIO), Available at:http://www.constructionexecutive.com/constructionjobs/2037/Chief-Information-Officer-(CIO).html (Access on March 25, 2009).
http://cobhomepages.cob.isu.edu/KreggAytes/mba624/notes/IS_StrategyTriangle.htm (access on March 25, 2009)
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