Information Systems and Its Impact in Organization and People

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INFORMATION SYSTEMS AND ITS IMPACT IN ORGANIZATION AND PEOPLE

Group 7 Section A

HOW DOES IT CREATE GREATER GAPS BETWEEN THE LEADERS AND LAGGARDS?
Introduction of applications like ERP, CRM and ECM
Enterprise resource planning systems integrate internal and

external management information including finance/accounting, manufacturing, sales and service, customer relationship management.
Customer relationship management is used for managing a companys

interactions with customers and prospects. It involves using technology to organize, automate, and synchronize business processesprincipally sales activities, but also those for marketing, customer service, and technical support.
Enterprise content management is a formalized means of organizing and storing

an organization's documents, and other content, that relate to the organization's processes.

Online technologies such as broadband connectivity, wireless

mobility, cloud computing, e-commerce, social media and sensors are enabling market leaders to increase their market shares further.

Companies are collecting detailed data on consumers and their

behavior and using that knowledge to better target marketing efforts as well as effectively design products and services.
Leaders have used digital platforms and tools to enhance their

internal value chain as well as interactions within their industry ecosystems.


Leaders have gained a competitive advantage over laggards by

digitization which enables more efficient delivery of products and services, including distribution, electronic commerce etc.
E-commerce retailers are growing at a much faster rate and are

much more profitable than companies following the traditional brick and mortar stores.
Investment priorities differ across various companies. Winners

can win fast but not necessary for very long.

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