Question

Describe in detail the major factors to determine when performing a strategic systems analysis.

Answer 1

Managers need to ask the questions in order to help them identify the kinds of system that may help them to achieve a strategic advantage:
1)What are the competitive forces of work in the industry?
2)Are the new entrants allowed?
3)What is basis of competition: Brand,Quality or price?
4)How does change come about within the industry?
5)How does the industry currently use Information Technology?

Answer 2

Answer: -

One of the most important factors of strategic analysis is the prediction of the future events and deduction of substitute strategies if plan A does not work out as anticipated.

Explanation: -

Following are the major factors to determine when performing a strategic systems analysis.

. The industry the company is in is one of the key factors. For instance, how the industry uses IT and what competitive forces are at play in the sector.

. Identifying the value chains of the company and the industry is a second crucial component. How, for instance, does the business add value for the client?

. The company's IT in line with its business strategy and goals? is the third important issue to take into account.

• Analyzing and determining whether data will be pertinent to the company strategy

• Outlining a company's internal and external contexts

• Using well-known analytical techniques such as SWOT analysis, SOAR analysis, and PESTLE analysis

From above points, All the major factors are determined while performing a strategic system analysis.

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