Executive Report: Strategies to Improve Organizational Efficiency through the Development or Acquisition of an Information System Executive Summary: In a highly competitive business environment, process optimization and productivity improvement are essential for organizational success. This report discusses two main approaches to achieving this goal: internal development and external acquisition of an information system. The key steps involved in each option, along with their advantages and disadvantages, are examined to provide recommendations that allow the organization to make the best decision. Internal Development of an Information System: Internal development involves the creation of a tailored information system to meet the specific needs of the organization. This approach offers complete control over the process and the ability to tailor the system to the unique requirements of the business. However, it can be costly and time-consuming. Key Steps:     1. Requirements Analysis:        ◦ Identification of needs and objectives of the organization.        ◦ Evaluation of existing processes and areas for improvement.    2. Design and Development:        ◦ Creation of the system architecture and user interface design.        ◦ Software development using appropriate technologies.    3. Implementation and Testing:        ◦ Gradual implementation of the system in the production environment.        ◦ Extensive testing to ensure quality and functionality.    4. Training and Maintenance:        ◦ Training of end users to ensure effective adoption.        ◦ Establishment of a maintenance plan to correct errors and perform updates. External Acquisition of an Information System: External acquisition involves the purchase of an information system developed by an external supplier. This approach can be faster and cheaper than in-house development, but may require compromises in terms of functionality and customization.

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Author:James Kurose, Keith Ross
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Executive Report: Strategies to Improve Organizational Efficiency through the Development or Acquisition of an Information System

Executive Summary:

In a highly competitive business environment, process optimization and productivity improvement are essential for organizational success. This report discusses two main approaches to achieving this goal: internal development and external acquisition of an information system. The key steps involved in each option, along with their advantages and disadvantages, are examined to provide recommendations that allow the organization to make the best decision.

Internal Development of an Information System:

Internal development involves the creation of a tailored information system to meet the specific needs of the organization. This approach offers complete control over the process and the ability to tailor the system to the unique requirements of the business. However, it can be costly and time-consuming.

Key Steps:

    1. Requirements Analysis:
        ◦ Identification of needs and objectives of the organization.
        ◦ Evaluation of existing processes and areas for improvement.
    2. Design and Development:
        ◦ Creation of the system architecture and user interface design.
        ◦ Software development using appropriate technologies.
    3. Implementation and Testing:
        ◦ Gradual implementation of the system in the production environment.
        ◦ Extensive testing to ensure quality and functionality.
    4. Training and Maintenance:
        ◦ Training of end users to ensure effective adoption.
        ◦ Establishment of a maintenance plan to correct errors and perform updates.

External Acquisition of an Information System:

External acquisition involves the purchase of an information system developed by an external supplier. This approach can be faster and cheaper than in-house development, but may require compromises in terms of functionality and customization.

 

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