Question

In: Operations Management

For over two decades, the alignment between Information Management (IM) and Information systems (IS) strategy has...

For over two decades, the alignment between Information Management (IM) and Information systems (IS) strategy has consistently been ranked amongst the top IS and business management concerns. Information management entails the process of managing information as a strategic resource for improving organizational performance. In this paper, you are expected to reflect on the problem of IS-IM strategy alignment, examine the implications of (mis)alignment for organizational performance, and explore the relationship between the alignment concept and complementary concepts (e.g. IS capability, Data, knowledge management) and practices (e.g. strategic IM planning, business strategy, knowledge management strategy).

Solutions

Expert Solution

   Answer:

Reflect on the problem of IS-IM strategy alignment: The following are the key problems in alignment of the IS-IM strategy as below

·        The database is not suitable for capturing future needed information for the organization, thus the information managed over the period is not much useful for the organization.

·        The lack of possibility for quick updation of database for capturing changes in information management leads to problem in capturing key required information.

·        The design content of information capturing and storage is not suitable for future data and information requirements.

·        Information system or information management database’s management for a long time is complex tasks and it needs much back up supports for ensuring the smooth data and information storage.

·        The on-going changes in market or consumer interests make the major problem for data and information management for the company.

·        The changes in strategy with time are the key reason for misalignment of information system or information management.

Examination of implications of mis-alignment for organizational performance:

·        The performance of the organization gets impacted due to lack of information system or information management alignment with the strategy of the company.

·        The company may have lowered sale, revenue and profit generation for the company due to lack of quality information for business decision.

·        The company will not be able to make quality decision due to lack of adequate information management for the company.

·        The company feels uncomfortable due to misalignment of IM-IS

Relationship between the alignment concept and complementary concepts (e.g. IS capability, Data, knowledge management) and practices (e.g. strategic IM planning, business strategy, knowledge management strategy).

The alignment concept and complementary concepts has the relation among them such that the complementary concept helps the alignment concept. The complementary concept supports the alignment concept by providing the desired information for the future requirement for the company.

Strategic IM planning, business strategy, knowledge management strategy are the strategy to improves the IM-IS for the future requirements of the company and they will provide the desired set of information for the company so that they can use it for their future requirements.


Related Solutions

Explain the relationship between information management (IM) and knowledge management (KM) (use the literature and write...
Explain the relationship between information management (IM) and knowledge management (KM) (use the literature and write a 5 pages report)
Evaluate Walmart's globalization strategy over the last two decades. Where did the retailer struggle? Where did...
Evaluate Walmart's globalization strategy over the last two decades. Where did the retailer struggle? Where did it do well? Can location characteristics explain the differences in Walmart performance?
in regards to accounting information system, What is the difference between accounting information systems and management...
in regards to accounting information system, What is the difference between accounting information systems and management information system?
discuss the importance of alignment between organizational goals and information technology planning.
discuss the importance of alignment between organizational goals and information technology planning.
Corporate governance has become a hot issue in the U.S. over the past two decades. Determine...
Corporate governance has become a hot issue in the U.S. over the past two decades. Determine two possible corporate governance challenges that might be faced by Best Buy as a result of its rapid growth and why they could become corporate governance issues. Make recommendations for how Best Buy can overcome these challenges. Provide specific examples to support your response.
Question 1 The capabilities of computer systems have advanced rapidly over the past several decades. In...
Question 1 The capabilities of computer systems have advanced rapidly over the past several decades. In many organizations, the entire data has been computerised and all the information is available only in digital media. In this changed scenario, auditors have to adapt their methodology to changed circumstances. The approach of auditors to evaluate internal controls has changed accordingly. The continual development is changing the way organization works. Many companies have introduced Information Technology (IT) audit function because it is considered...
Superman Store has two support departments, Information Systems and Personnel. The Information Systems Department costs are...
Superman Store has two support departments, Information Systems and Personnel. The Information Systems Department costs are allocated on the basis of hours used.  The Personnel Department costs are allocated based on the number of employees.  Data on information systems hours used and number of employees are as follows:             Information Allocation Bases:                                  Systems            Personnel            Fruit               Nut Total cost                                             $120,000          $30,000           $60,000           $90,000 Information systems hours used                600                   600                   720                480 Number of employees                               10                     20                     40                 120 a.  Write the equations needed to allocate support department costs using the reciprocal method. b.  Solve for the total cost to be allocated under...
Protein Bars has two support departments, Information Systems and Personnel. The Information Systems Department costs of...
Protein Bars has two support departments, Information Systems and Personnel. The Information Systems Department costs of $120,000 are allocated on the basis of hours used. The Personnel Department costs of $30,000 are allocated based on the number of employees. Costs of the two operating departments are $60,000 for Fruit Bars and $90,000 for Nut Bars. Data on information systems hours used and number of employees are as follows: information hours used = info 600, personnel 600, fruit 720, nut 480....
Over the past three decades inequality has increased in the world, and it has caused a...
Over the past three decades inequality has increased in the world, and it has caused a lot of billionaires and poor to emerge all over the world. Some economists believe higher inequality has raised overall saving of the world as billionaires can save lots of money. How do you analyse the impact of this on the bond markets of strong economies?
4. Looking at the University as an institution of higher learning over the past two decades....
4. Looking at the University as an institution of higher learning over the past two decades. Do you think we have made significant progress as a university in a developing country? Why or Why not?    
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT