The challenges of realising benefits from ISIT Essay

The challenges of realising benefits from ISIT - Essay ExampleIt also provides culture about the challenges line of workes brass section to implement and operate nurture systems.Information Systems (IS) and Information Technology (IT) are compound into every area of organisations business. A closer look at how IT and IS shape up internal and outer environments in which businesses operate, is provided belowWith the advent of internet, the traditional business environment has shifted to the e-world. With business-to-business (B2B) and business-to-consumers (B2C), internet and e-commerce provides a market bulge out free from geographical boundaries, where companies tail buy and sell from virtually anywhere around the globe. This provides an opportunity to organistions to strive their reach and enhance their businesses. Internet and e-commerce is a direct benefit of technology adoption for business use.As stated above, the entire world has become a single marketplace. To succeed in this market, companies merge and bring forth other companies, enter into long term strategic alliances and partnerships with companies half way across the world, and develop business ecosystems that benefit both organisations. These moves require consistent and continuous communication, swift and speedy responses and strategy formulation capabilities, and face to face meetings between parties thousands of miles apart. This would not have been possible had it not for information technology. IT provides the necessary infrastructure to charter video and teleconferencing, message transfers and 24x7 connectivity through satellite, telephones and internet. Faster Business CyclesDue to the advancement in technology, the business cycles for products and service have become faster. Companies can not wait for a long time to develop a product as competitors will almost always surpass. Information technology has provided the necessary speed, accuracy, and reliability to significantly red uce cycle times while enhancing the quality, comprehensiveness and timeliness of the product and/ or service.Enterprise election PlanningThe introduction of information systems having a large scope comprising of the entire organistion, has marked the beginning of green light resource planning systems or ERPs. An ERP is a software system that attempts to integrate all departments and functions across a company on a single computer system that can serve all those departments detail needs (Koch, 2006). Accountability and TransparencyConverting business operations on information systems allow the organisations ability to downplay risks of frauds, unauthorised access to sensitive data and information, and enhances internal control environment for the organisation.Knowledge Management development the power of information technology, organisations can develop knowledge bases in form of intranet and electronic portals. This can be used as a central location to hold all the required poli cies, procedures, guidelines and other information necessary for workers to carry out their job responsibilities. In addition, it provides a platform that allows communication among all employees who can share views, obtain expert advice, and give feedback on the