Information Technology Introduction to the Study Informati

Information is critical to organizational performance in the contemporary knowledge-based economy. As a consequence, information systems have become a primary organizational resource. The management of information systems in contemporary organizations is in a period of transformation (Balaban & Rothschild, 2002).

An effective strategy is not necessarily one that promises maximum efficiency or least total cost, but rather one that fits the needs of the organization and strives for consistency between the organizationÆs capabilities and the competitive advantage being sought by the organization. The successful application of strategy in the contemporary global environment requires an organization to have an effective strategic management process. In turn, an effective strategic management process increasingly depends on the effective application of advances in information technology (Litman & Lohrmann, 2002).

In relation to the development of organizational strategy in the implementation of the strategic management process, Wolf and Ge

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and less expensive) computers and innovations in software programming is permitting and will continue to permit ever larger sets of data to be manipulated in ever smaller organizational units (Norsworthy & Malmquist, 2000). Technological innovations based in electronics hold the potential to change dramatically the ways in which organizations function. Organizational managers, thus, must be prepared to anticipate such changes and devise strategies to effectively manage such changes, as opposed to waiting around to react to changes when they occur (Norsworthy & Malmquist, 2000). An important development in the evolution of information technology was the creation of the Internet. The Internet, however, is just the latest development in the long continuum of information technology development (Tarr, 2000). Gromov (1997) traced the development of the Internet through a broader consideration of the development of information technology than the high-tech developments of the past two decades. Gromov (1997) dealt not only with the actual development of the Internet and the World Wide Web (WWW), but also discussed the developments in areas beyond the field of communications that provided the motivations for the development of techno
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Some common words found in the essay are:
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Approximate Word count = 1795
Approximate Pages = 7 (250 words per page)