Strategic Management Information Systems Activity 3 Report Analysis

This report focuses on Strategic Management Information Systems (SMIS) for Troy Yachts. It begins by recommending various information systems, including Transaction Processing Systems (TPS), Management Information Systems (MIS), Office Automation Systems (OAS), and Online Analytical Processing (OLAP), to enhance business functions and achieve competitive advantages. The report then evaluates the information system strategy, emphasizing its role in aligning with organizational objectives, improving business performance, and identifying key implementation steps. It highlights the importance of analyzing market trends and the strategic alignment of IS with business needs. The report concludes by outlining how an improved SMIS can support organizational objectives within Troy Yachts, emphasizing scope identification, planning, IT needs assessment, and system implementation to drive efficiency and profitability. The report also includes references to relevant academic sources.

STRATEGIC MANAGEMENT
INFORMATION SYSTEMS
ACTIVITY 3

TABLE OF CONTENTS
■ ACTIVITY 3
■ 3.1 Recommendations regarding the information system
■ 3.2 Evaluating the Information system strategy which helps in achieving the
organizational strategies.
■ REFERENCES

ACTIVITY 3

3.1 Recommendations regarding the information
system
■ The information system supports the Troy Yachts in achieving the main goal within the company.
■ Also, a strategic management information system is basically developed to respond to increased
competition in this modernised world.
■ Therefore, the development of the effective and efficient system within the organization can lead
to competitive advantage for Troy Yachts.

CONTI…..
■ IS can be termed as one of the essential requirements in the corporate world as
it allows them to allocate, store, process and manage the required data and
information for the effective operations within the firm.
■ In order to enhance the business functions according to the different strategies
developed within the organization, IS must support the management of large
amount of business information so as to support the organizational strategies.

CONTI…..
With this as background, some key recommended information system options for Troy
Yachts are as follows:
■ It should be recommended to the Troy Yachts that TPS (Transaction processing system)
should be implemented within the organization.
■ Another most recommended option for Troy Yachts should be the employment of the
Management information system (MIS).
■ It should be recommended to the staff of the Troy Yachts to implement OAS system
which will prove to be one of the most effective system for the company.
■ One more system which could be implemented within the company is OLAP (Online
analytical processing).

3.2 Evaluating the Information system strategy which helps in
achieving the organizational strategies.
■ Troy Yachts carries out the operations based on the manufacturing of specialised equipment for sea going
yachts.
■ Therefore, it is very important for the organization to analyse the latest trends and requirements of the
product within the target market.
■ It is one of the great activity within the business to maintain the demand and supply of the firm in achieving
the desired objectives and profitability.
■ As the company is planning to update the information system within the business so various strategies can
be examined which support the improved performance of the business as well as efficiency of the firm

CONTI…..
■ The strategic management information system helps in enhancing the image of the
information service within the organization.
■ IS strategy is considered to be one of the effective mechanisms to impact the strategic,
tactical and operational levels of an organization to meet the main objectives of the firm.
■ In any business, IS strategy involves aligning of information system development
according to the business needs. Therefore, it demands a suitable business focus.

CONTI…..
In this context, information system strategy that can support the achievement of the organizational objective within Troy
Yachts are described as below:
■ Information system strategy provides a link between organizational demand and information technology.
■ IS strategy at Troy Yachts can ensure the optimum allocation of required resources to enable the business to function
properly.
■ Information system strategy at Troy Yachts can also be used to generate the maximum financial performance of the
firm in the fluctuating market. Improved strategic information system within Troy Yachts can assist the business in
improved performance via employing the new strategies within the business and thus adopting such strategies helps
in achieving the main objectives of the firm.

CONTI…..
■ Identifying scope: Scope of Troy Yacht is to implement Various kinds of information system within their
organization.
■ Planning: Analyse resources required to implement new information system within their organization. Analyse
financial performance of the organization in order identify the funds required to implement the IS system within the
company.
■ Identifying IT needs: they need to improve their sales and for that they need a transaction processing system which
will help them to record their transaction in a better manner which will help them to analyse their current
organizational strategy and bring changes within it and for this they also need to monitor their overall performance
and current status and for this they require implementing MIS system within their organization
■ Implementation of IS: Both MIS and TPS system are required to be implemented within their organization.

REFERENCES
■ Cassidy, A., 2016. A practical guide to information systems strategic planning. Auerbach Publications.
■ Laudon, K.C. and Laudon, J.P., 2016. Management information system. Pearson Education India.
■ Pearlson, K.E., Saunders, C.S. and Galletta, D.F., 2016. Managing and using information systems, binder ready version: a strategic
approach. John Wiley & Sons.
■ Theorin, A. and et.al., 2017. An event-driven manufacturing information system architecture for Industry 4.0. International Journal of
Production Research. 55(5). pp.1297-1311.
■ Yusuf, S.M., Guluda, D. and Jayanegara, T., 2017, January. Surface runoff estimation from various land use in Mapili Watershed using
SCS Curve Number and Geographic Information System. In IOP conference series: earth and environmental science (Vol. 54. No. 1. p.
012022). IOP Publishing.