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Giving The Cio'S An Expanded Role In The Corporation

Submitted by joekerr1 on February 27, 2008

Category: Business
Words: 766 | Pages: 4
Views: 50
Popularity Rank: 111,200
Average Member Grade: N/A (Add a Comment / Grade this Paper)

As the world modernizes, businesses become more and more dependant on how they manage their information to maximize their profits. To not maximize the use of their available information would cause them to lose money on a daily basis. They become more dependant on digital information. To become more competitive in the market place, they have to merge information technology goals with business goals. To do this, the companies have promoted their top "techies" to create their Chief Information Officers which assume the change from IT to risk management roles. They not only help the company with technical solutions, they usually inherit the responsibility to help the company solve any business problems regardless of the type of company. This can become a burden if an adequate portion of the company's budget is not allocated for their Information Systems.
Every company needs information systems, even if there only product is non-information technology related. As an example, you have a cookie company that only sells two types of cookies; chocolate chip and sugar. For that cookie company to be competitive in the 21st century and maximize their profits, they would have to incorporate IT as part of their company. Without it, they could not produce enough cookies to grow in the market place. Their manufacturing process would need to be computerized to ensure that all the cookies were made with the same amount of ingredients and followed the same recipe. These computerized processes would elevate quality control increasing the chance that every cookie was identical. These processes would also keep track of the quantity of ingredients notifying logistics workers when supplies are low so that more could be ordered and purchased. The computerized processes might even allow for the printing of the product packaging locally, saving an outsourcing cost. The processes would also track the distribution process, indicating how many and where packages need to be...

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