A strategic information system is often abbreviated to SIS. It is a kind of information system that helps lenders in various ways. If truth be told, strategic information systems are formed based on business initiative. The organizations that know how to get a competitive advantage use strategic information systems. Thus, every reputed organization needs to have a strong strategic information system.
Well, strategic information systems produce and offer either a product or a service. The service or product that comes out of strategic information systems is mostly cheap at rates and unique in its kind. The product is innovatively focused on the particular market segment.
When talking about the world of Information Technology, SIM is its salient feature which stands for Strategic Information Management. Organizations and business create information that can be stored, processed and transferred with the help of Strategic Information Management.
Information repository as an important segment
The information repository is an important segment of any business requiring some tools as well. The tools are utilized to apply metrics, they are analytical tools. These tools are important also because the recognition of opportunities is essential for growth.
Storefront writers have some key ideas to summarize such as Charles Wiseman’s strategic planning process, Michael E. Porter’s competitive advantage and F. Warrant McFarland’s competitive strategy with illustrations and examples.