These days, information system strategy together with information technology, have become more and more important in almost all companies. That is why it is essential for organizations to implement a well-developed information system strategy, especially in the financial services business. As the information technology advance each day, organizations must take the necessary steps to find new ways in order to develop latest information system strategy for their business.
They have to recognize and apply information system strategy to keep them up to date with the current business trends. But in spite of this need, the realizations of information system strategy have not proven its success. However, books about information system strategy continue to be published; while more people depend on it to improve their business. What other organizations fail to realize is that they loose their focus on implementation. Companies should efficiently implement the information system strategy and depend less on unreliable strategies.
There are issues and factors that are implicated to have a successful implementation of strategies. Models and frameworks can help in developing the right information system strategy to assist companies in their system implementation. That is why it is necessary to take into consideration the nature of the organization’s business. In developing information system strategy, it is likewise essential to also consider the structure of the business and the administrative style of its system users. Although minimal training is needed; the strategies used in a particular company, should be simple hassle free, but it should also be efficient when used by operators. The information system strategy for companies must be able to detect input error and correction.