1Information System Strategy StrengthValue Chain Segment Competitive Force Ansoff’s Matrix Quality of products InboundSuppliersAdoption of new products Supply chain management with IT Customer trust worthy ProcessSubstitute Product Fetching more customized product E-commerce business process Weakness Traditional business services MarketingLess customized services Incorporation ofcloud infrastructure. Effective database management system. Less influence of advance technologies Less effective business operation Significant threat of new entrance. Makingthe servicesmore customize. Incorporation ofITinthe business structure. Opportunity Incorporation ofeffective information technology. Socialmedia marketing Introduction of new marketing plan Introduction tosocial media advertisement Utilizationof the features of data analysis Advance database management Utilization ofITfor better marketing result Moreeffective servicesthan othersby making itlesstime consumingand cost effective. Effectiveness oftheIT system security. More customized result
2Information System Strategy To:Chief Executive Officer (CEO) From:Chief Information Officer (CIO) Date:XX/XX/XXXX Subject:Proposal for Information Technology Strategies Considering the business services as well as the market competition of the retail company Peterson, it has been noticed that there is a significant impact of effective information technology system in order to enhance the services and the marketing of the organisation. Being a Chief Information Officer there is a huge responsibility to gather detail information about the strength and the weaknesses of the company in order to address as well as to enhance the identified services. Followed by the above aspects this memo is prepared with the purpose to identify all the organizational threats and weaknesses. Considering those key findings, it will then propose effective Information Technology strategy which will mitigate threats and vulnerabilities by enhancing the strength and weaknesses of Peterson. Followed by the above listed aspects there are several informative contents has been received after conducting a SWOT analysis on the business services as well as in the marketing strategies of the organization Peterson. According to the SWOT analysis it has been noticed that since, Peterson is one of the most efficient retail company which is known as one of the best drug chain and food retailing company. Followed by this aspect it has been noticed that one of the biggest threats is the rival company Goodmart as after investigating the market status it has been noticed that Goodmart has effectively expanded their business by providing best quality services which holds a significant possibility to replace the market position of Peterson. Along with the above aspect it has been also observed that the organization holds a significant limitation related to the less effective information handling
3Information System Strategy process which impacts the business services. After investigating the business strength and opportunities several beneficial aspects has been noticed which includes the aspect to adopt effective information technology strategies with the purpose to mitigate the identified problems related to the digital marketing and the services of the organization. Following these aspects as a Chief Information officer it is suggested to incorporate the feature of cloud computing which will offer several functional capabilities to address the opportunities and mitigate the identified risk as well as the vulnerabilities.Considering the retail business services of Peterson as well as by analysing the offered features of Cloud computing in has been observed that incorporation of effective cloud infrastructure will enhance the channel operations by making it more customized for the customers. Along with is it has effective supply chain visibility which enables the organization to handle the supply chain system digitally with the help of internet and cloud features. Following the above beneficial features incorporation of cloud infrastructure will help to make more effective decisions as it work by analysing big data which contains a large set of customers’ as well as market data.Hence, it can be stated that due to the incorporation of the above technology Peterson will sure address all its opportunities. Considering this aspect it is recommended to the CEO that the incorporation with Amazon cloud services will surely help to address listed findings and along with is Peterson must enable and enhance its e-commerce feature with the purpose to expand the business.
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4Information System Strategy Bibliography: Pantano, E., Priporas, C. V., Sorace, S., & Iazzolino, G. (2017). Does innovation-orientation lead to retail industry growth? Empirical evidence from patent analysis.Journal of Retailing and Consumer Services,34, 88-94. Rodriguez, S. A. B., Hamann, H. F., Klein, L., & Van Kessel, T. G. (2017).U.S. Patent Application No. 15/040,252. Chang, Y. C. P., Chen, S., Wang, T. J., & Lee, Y. (2016, December). Fog computing node system software architecture and potential applications for NB-IoT industry. In2016 International Computer Symposium (ICS)(pp. 727-730). IEEE. Hu, B., Xie, H., Ma, Y., Wang, J., & Zhang, L. J. (2018, June). A Robust Retail POS System Based on Blockchain and Edge Computing. InInternational Conference on Edge Computing(pp. 99-110). Springer, Cham.