CIMA P2 Syllabus D. Risk and Control - IT – Enabling Transformation - Notes 7 / 9
IT - enabling transformation
Information technology and information systems allow an organisation to transform how it does business.
A dependence on IT commits an organisation to continual change.
Benefits an IT Strategy can bring:
Develop business opportunities
Improve operational productivity and performance
Create competitive advantage
Enable structural change (e.g. employee working at home)
Bring congruence to corporate goals
Ways in which IT may enable change within an organisation:
The type of products or services that are made or sold
e.g. Online courses instead of going to the academy.
The way in which products are made
There is a continuing trend towards computer aided design and manufacture.
The way in which employees are mobilised
Using IT frequently requires changes in working methods.
Remote working is the ability of employees to work from a number of locations rather than in a single office.