STRATEGIC INFORMATION SYSTEM: Commonwealth Bank of Australia

Running head: STRATEGIC INFORMATION SYSTEM
Strategic Information System: Commonwealth Bank of Australia
Name of the Student
Name of the University
Author’s Note:

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STRATEGIC INFORMATION SYSTEM
Table of Contents
Introduction......................................................................................................................................3
Part A...............................................................................................................................................3
Organizational background..........................................................................................................3
Organizational Structure of Commonwealth Bank of Australia..................................................4
Operational problems of Commonwealth Bank of Australia......................................................4
Organizational Strategies.................................................................................................................6
System Acquisition Method........................................................................................................7
Control issues inside the Systems................................................................................................9
Part 2..............................................................................................................................................10
Accounting Software.................................................................................................................10
Competitors and market leaders:...............................................................................................12
Significant Suggestions or Recommendations..........................................................................13
Conclusion.....................................................................................................................................14
References......................................................................................................................................15

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STRATEGIC INFORMATION SYSTEM
Introduction
Information system has been helping in maintaining different types of goals and
objectives of an organization in the market. Several benefits have been associated in the use if
the strategic information system (Piepenburg, Archambault and Joergensen 2015). It helps in
providing competitive advantage for the company in the market. This report discusses about the
strategic information system and accounting software in banking sectors of Australia including
Commonwealth Bank. The report focuses on the organizational structure of the company and
problems in the organizational structure. A relevant accounting software has been discussed for
the CBA.
Part A
Organizational background
Commonwealth bank is one of the most popular bank in Australia. This bank has been
operating in Europe, Asia and Australia. This bank has been listed as the largest bank of
Australia in 2015. This bank has been helping in increasing the revenue system of the country. It
has a large business network all over the world (Commbank.com.au. 2018). This bank has been
helps in in maintaining the banking services in all over the world.

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STRATEGIC INFORMATION SYSTEM
Organizational Structure of Commonwealth Bank of Australia
Figure 1: Organizational Structure of Commonwealth Bank of Australia
(Source: Commbank.com.au. 2018)
Operational problems of Commonwealth Bank of Australia
The value price of shares pf the company has been decreasing in the market that has
created major impact on the business of bank. The bank has been suffering with poor strategic
information system. The decision making system of the company has been weak in the
operational management (Ogiela, Ogiela and Ogiela 2015). The competitive advantage of the
company has been decreasing in the market. The use of old strategies in the market have been
main reason for the downfall of the company in the market. The CBA has been a traditional bank
that has been using old system and technology. Therefore, the change in the market has