Running head: BUSINESS STRATEGY1Business StrategyNameInstitutional AffiliationDateBUSINESS STRATEGY2Business StrategyOrganizational StrategyInformation StrategyIt is proper to note that a successful organization is in the position to design all threecomponents of the strategy triangle, and this is starting with their business strategy, and thendeveloping their organizational as well as informational strategies as the means to support andalso satisfy the business strategy. In this case, a business strategy plays a tremendous role incommunicating business goals. As such, a successful business strategy articulates the vision ofwhere the business is or wants to go, and part of this includes how they will get there (Chan, etal., 1997). On the other hand, an organizational strategy is in place to depict the vision of thebusiness future, including how the consumer will perceive it. In other words, organizationalstrategy plays a great role in establishing and sustaining a strong position in the marketplace.Information strategy, to a great extent, reflects on electronics, database, software,applications, hardware as well as people, among others. It is significant to remember that ISstrategy always consists of consequences. This is primarily because information strategies touchevery aspect of the business model, and they are also typically one of the biggest expendituresfor companies (Pearlson, Saunders, & Galletta, 2019). It is to imply that when it c ...
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