The information systems strategy triangle includes business, organization and information strategy, and it symbolizes how a company must align all three of these strategies together to use information systems for the company's benefit. When implementing an information system, a company must consider its goals, place in the market, its organizational culture and its business processes.Continue Reading
Business strategy deals with how a company seeks to gain a competitive advantage over its competitors in the marketplace, and it focuses on the company's ultimate goal, whether that is producing a product that computers cannot or offering a product for the lowest price.
Organizational strategy deals with the company's organization and how that organization helps it accomplish its business goals. It involves such areas as business processes, reporting, planning, performance evaluation and company culture.
Information systems strategy deals with the technology a company can implement to meet its business goals, keeping in mind the culture of the organization. It may involve adding hardware or software.Learn more about Managing a Business