Business Intelligence - A Helping Hand for the Strategic Management

The Information Age has shaped the business world and has obliged the companies to adapt and design their strategies accordingly. In order to develop and execute a strategy, the company's management must make clear decisions on the activities that it will prioritize in allocating resources. This paper focuses on the main phases of strategic management and how these have been changed by the information technology boom that started at the end of the last century. The authors have also looked into the role that the Chief Information Officers have today, analyzing the job concept since its appearance. The final part of this research focuses on the way the business intelligence could be implemented in the strategic management process while the conclusions summarize main findings on the impact that the information technology has had upon business processes in general and strategic management in particular.