Why should information systems be included in the analysis of a corporation's strengths and weaknesses?

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The Answer is Although not always considered a major part of the traditional, functionally organized business corporation, information systems have become very important to those corporations operating in a dynamic and complex environment. From a strategic management point of view, information systems are important because they can (1) provide a basis for analyzing early warning signals that originate both externally and internally and (2) provide the information necessary to make strategic decisions. To the extent that a corporation has a completely integrated information system, it is a strength that can provide a significant competitive advantage. Environmental scanning is more systematic with information dealing with strategic factors getting to corporate- and business-level planners and decision makers in a timely manner. A computerized information system can be used to develop a series of likely industry scenarios as well as a number of alternative strategies and implementation programs. Efficiencies coming from a well-integrated information system can also be shared with customers and suppliers, thus serving as a competitive weapon in a dynamic marketplace.

Why Should Information Systems Be Included in the Analysis of a Corporation's