Building Companies Profit: SIS and Strategic Management Perspectives

Boskov, Tatjana and Magdinceva Sopova, Marija (2018) Building Companies Profit: SIS and Strategic Management Perspectives. IJIBM International Journal of Information, Business and Management, 10 (3). pp. 149-155. ISSN 2076-9202 (Print)/2218-046X (Online)

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Business leaders are under pressure from stakeholders to comply with their demands while
maintaining the organization’s competitiveness in increasingly complex markets. So, leaders are striving
to continuously formulate strategies with management elements that will help them deliver more value to
their customers and stakeholders. Strategic thinking is important to guide for examining all markets which
are relevant to the core business of interest. Also, information system is an essential component of a
firm’s strategy used in a global market.
Overall, the paper examine that strategic information systems planning process is still one of the key
business activities where organizations will have to improve in order to be able to effectively participate
on global market of the era of e-business. Successful business means good strategic management in the
company. Competitive strategic management means implementation of integrated management model
which enable company to determinate its objectives, purposes, or goals, produces the principal policies
and plans for achieving those goals, as defines the range of business the company is pursue and positively
affects business performance. This is previous aim for companies in making good decisions in
accessing finance.

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Tatjana Boskov
Date Deposited: 07 May 2018 07:54
Last Modified: 07 May 2018 07:54

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