Strategies are the specific plans a company will develop to accomplish business tasks and activities. The increasing use of business technology requires companies to develop technology related strategies, such as an enterprise system strategy. This strategy will often focus on how the company uses technology in its business operations.
Defined
An enterprise system is a set of software applications or programs that help a company manage information and automate business processes. Companies use these systems to enhance their operations and replace the manual activities traditionally completed by employees.
Function
According to IT Toolbox, companies can use the following steps to develop their enterprise system strategy: define current enterprise systems inventory; rationalize current systems; identify "low-hanging fruit"; identify applications strategy and develop an IT strategy roadmap. Each step allows business owners and managers to review operations and develop the best strategy possible.
Considerations
Large organizations or publicly held companies will often benefit from an enterprise system because they can implement the system in multiple locations to gather information. This also provides a central gathering point for data, so companies can run operations with the most pertinent information available at all times.
