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Business and IT Strategy

2023-01-15 03:03:45

Two organizations that show the importance of combining company business strategy and its IT strategy are Cirque du Soleil and Major League Baseball. Both organizations depend on digital technology to make it easier for customers to enjoy better entertainment through collaboration. Founded in 1984, Cirque du Soleil has had a great success with just 30 years of operation. Canadian multinational entertainment company is headquartered in Canada, the USA, and Japan.

An organization's strategy plays an important role whether it is a business strategy, a marketing strategy, a personnel strategy, or a business information strategy. Business requires all levels of information, business success is directly attributable to the level of information accessible to all company employees. Companies need to make efforts to provide information to employees as they may improve overall business performance. The business information strategy helps companies identify ways and means to share information across the organization and in all departments of the organization. This report emphasizes Dell's business information strategy at a well-known computer manufacturing company.

In business, the term strategy is often defined strictly and inconsistently. Business people involved in strategy making know this well and most other people do not understand it, especially if they do not participate in their development and strategy. Some combine strategy with vision and tactics. The strategy is a firm and solid direction, but it should not be static. Instead, it should be adapted to reflect changes in the environment, whether politically, economically, socially, technically or legally. Business leaders must have clear business goals, be flexible and courageous, and always readjust the strategy. Because there is a big opportunity in chaotic fog, leaders must have practical and adaptive buoyancy if time is difficult and visibility is not so obvious.