An executive information system (EIS) provides executives with easy access to internal and external information relevant to their critical success factors. Ideally, an EIS should be able to: Extract, filter, compress, and track critical data, provide online status access, trend analysis, exception reporting, access and integrate a broad range of internal and external data and be user-friendly and require minimal or no training.
4.3 Alignment of SISP with Corporate Strategy
Top management support is a key determinant of SISP success. Without this support, business strategies may not be implemented optimally and returns on IS investments can be restricted. IS strategies should reflect the business plan and map to business strategies in order that IS investments properly support business objectives. Business plan alignment with the IS plan is accomplished by referencing specific IS technologies and applications within the business plan, and focusing attention on the capability of IS to achieve a competitive advantage. Such alignment expands management awareness of information technologies via the mutual sharing of …show more content…
It is useful in large corporations where IT department is a fully developed division.
It is useful to hedge huge investments in IT projects which have a potential to fail because of the office politics between the CIO and the top management.
Also the CIOs can use it to increase the effectiveness of their IT department.
e.g. Big banks, large manufacturing companies Initiatives from CIO Takes into account the extra initiatives that a CIO takes towards the improvement of business of the firm Good Peer Relationships Takes into account the role being played by the CIO when he is in the company of his peers in the top management Peer Background Accommodation Takes into account the communication skills of the CIO when he is explaining a project to a top management