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Conclusion on Oman Chamber of Commerce and Industry

Category: Accounting & Finance Paper Type: Report Writing Reference: N/A Words: 350

        The above report concluded that Oman chamber of commerce and industry facing two main strategic issues that are outdated IT infrastructure and compotator’s pressure in a manner of progress. The development or improvement of any organization is completely based on its strategic management for this reason strategic management is mainly significant or necessary for the improvement of any organization.

        By the means of its name directs that it involves the process of making and implementing the strategic decisions that are necessary for achieving the goals of an organization. It explains or gives a clear vision to understand and achieving life’s objectives and also gives the steps to ignite business development. Additionally, you can get a competitive edge through the exact process of strategic management. It is concluded that by using an outdated infrastructure the organization may be unreliable and expensive in the current period of time. Any business networks that are in succession on unsupported or outdated infrastructure, out of date systems are frequently unbalanced or unstable for that reason they are unreliable. It is also affected by the organization’s reputation as they are using an outdated approach in the modern age.

         The outdated infrastructure commonly could not do like a good deal as the most recent infrastructure does. This point bound your organization’s elasticity in each and every kind of areas, just like collaboration and interaction or communication, enhancing or improvement of latest applications data analysis for the better decision making. To avoid the disadvantages of the outdated infrastructure ERP system has been used. It is a modern mean of the latest technology that enhances the progress chances of an organization. ERP basically a software system that is launched to improving the strategic planning for developing an association. It is also concluded that to find a new source to overcome the pressure that is faced by the compotators is also included in strategic planning for developing an organization.

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