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The development of an Information System to support higher-level decision-making and strategic management.
Member rating: No Rating | Words: | Submitted: Mon Jun 19 2006
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I. ABSTRACT The chairman and president of our bank have uncovered there is a lack of a systematic information system to support strategic management although the bank is almost fully-computerised. Thus, task group Alpha is formed to look into the development of an Information System to support higher-level decision-making and strategic management. This report that will look into 3 aspects needed for setting up the system; 1. The information requirements for a strategic level management information system? 2. Hardware and software support used to develop the system and operate it? 3. Alternatives to the old system? II. REPORT Business is full of uncertainty and risk, and a manager has to make decisions under these conditions. Strategic decisions are likely to be concerned with the scope of an organisation's activities, the achievement of some advantage over competitors, long-term direction as well as geographical scope. For making a strategic decision, the management would firstly have to do strategic analysis which...
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