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| Topic: |
Business
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| Number of pages / Number of words: |
19 / 5116 |
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In order to achieve this goal industry should have to align information technology (IT) with business strategy.
According to Venkatraman (1994) & (R L Hsiao & R.J Ormerod, 1998), IT gives edge and renders innovative strategic choices to the industries so that their businesses can effectively manage the critical factors such as quality, lead time, cost, risk and their relationships with customers and suppliers...
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LITERATURE REVIEW
2.1 IMPORTANCE AND BENEFITS OF IT ALIGNMENT
Recent researches and studies proved that IT and business alignment is an important factor and one of the key concerns in today's scenario to have competitive advantage. Some of the key concerns that have been identified are IT and business alignment, Knowledge and skills of IT professionals and their retention rate, IT strategic planning etc...
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