As the overall definition of strategy goes strategy is the direction and scope of an organisation with a long-term perspective that aims at putting the organization in an advantageous position by reorganizing its own resources to meet the challenging business environments. In the process, strategy tries to match the requirements of the market and to meet the demands of the stakeholders of the firm. Strategies do exist at different levels of the organization. Some strategies are formed at corporate level and few others are formed at the business levels. The overall strategies when broken down take the form of operational strategies. It is also imperative for any organization to have its systems regarding the collection and dissemination of information in place so that the top management of the firm is supplied with valid inputs for making effective managerial decisions affecting the business of the firm. A proper alignment of the business strategies and the information system strategies will enable the firm to plan its resources more effectively to accelerate the growth of its business. With this background this paper makes a detailed report on the role the information system and information technology strategies play in the development of a business along with the potential benefits that may arise to the business out of the implementation of the information systems strategies along with the business strategies.
2.0 Role of Information Systems Strate