Contribution of an information audit to an information systems strategy

Contribution of an information audit to an information systems strategy Essay example
Undergraduate
Essay
Marketing
Pages 12 (3012 words)
Download 0
1. The Finance Director has recently stated that an information audit is a waste of money in these stringent times. Prepare a response to this that critically analyses the contribution of an information audit to an information systems strategy. In many organizations, information audits are not supported by management, such as the Finance Director in the situation described, because of the perception of information as a soft intangible the profit impact of which cannot be ascertained…

Introduction

Information audits are useful tools employed by organizations to identify, cost, develop, and rationalize their information resources and services. Also, as the foregoing definition suggests, an important function of information audits is that it yields results that clarify the benefits contributed by the firm’s information services to the overall effort of the organization in the attainment of its goals (Dubois, 1995). While information audits are of primary importance in organizations that deal in information, such as libraries, and archival and database centres, they nevertheless tend to benefit all types of organizations in managing the firm more effectively (Suduc, et al., 2010). ...
Download paper
Not exactly what you need?

Related papers

Samsung Mobile Company
Therefore an information audit is vital in determining whether a company is utilizing its information resources adequately to enable it to compete favorably within the business environment. As a result it is evident that an information audit has a major contribution to a company’s information systems strategy. This paper gives a critical analysis of the contribution of information audit to the…
Information Systems supporting Business Processes
In this regard, implementation of Information Systems (IS) like Transaction Processing Systems (TPS) and Management Information System (MIS) will be very effective ion achieving its next 5 years plan. The primary consideration in the betterment of Supply Chain Management, different levels of planning should properly organized through accurate decision makings. In this respect, daily transaction…
information management
54). Impacts of telegraph …
Role and Value of Information to Today’s Marketing Managers
According to Holland and Naude, the effectiveness of a marketing campaign should be evaluated on the basis of the relationships formed (Holland & Naude, 2004, 167). However, a Kotler asserts that information is very important to a marketing campaign. Therefore, he criticizes that marketing campaign should be assessed based on the information driven approaches that are used in the campaign (Kotler,…
Marketing Audit
Newness in the product signifies minor modification of the existing product that is new to the world and can also create new market for the organization. Higher the degree of newness, higher is the chances of failure or success. On one hand the newness can bring success for the organization by increasing the sales and profit, whereas on the other hand, it may lead to high cost and failure that can…
Information Systems and Business Processes
This approach will affect the revenue and cost of running the video game business (Halpin at el., 2011). Additionally, it will allow proper understanding and incorporation of the management approach since the business strategic assets as a process will allow the managers to understand, improve, and manage value-adding services to the clients or children. Business information systems are usually…
Information Searches
Some of the purchases that entail low involvement decisions are made without any previous though or planning and involve impulse buying. Medium involvement involves limited problem solving where the consumers already have some information about a good or a service and the continue searching for more information.Most of high involvementpurchases are not often purchased but are very vital to the…