Question

In: Operations Management

what do you think are or could be the benefits of adopting Strategic Framework of Information...

what do you think are or could be the benefits of adopting Strategic Framework of Information management at each organizational level responsible for overall productivity and profitability enhancements?

Solutions

Expert Solution

There are several benefits of adopting strategic framework of information management at each organizational level, that is further responsible for overall productivity and profitability enhancements, these benefits are as stated below:

  • With adopting strategic framework of information management, we could make organization more proactive, strategic framework focuses on prevention tactics and it look for various unfavorable situations that bring future impact on the health of organization. Organization could be more proactive as they become more aware about the current situation and future perspective.
  • Adopting strategic frame work of information management will help organization to set a direction, it will ease out in making strategic objective, Goals of the organization, and it could also include boundaries for decision making. It could help us to manage human resources and physical resources. It could share the plan regarding evaluating activities or processes. Organization could charter out their mission and vision more effectively.
  • Operational efficiency can also be increased as it works on alignment of departmental activities with the organizational strategic objectives.
  • Organization could place more emphasis on marketing efforts as they could receive more insights on market trends, target audiences, products and services offerings.
  • Business look for sustainable strategy here, with adopting strategic framework of information management, organization enforces strategic plan and align their operational strength, capability and staffs to achieve define goal. Sustainable strategy brings more sense to the business context.

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