IT Audit That Boosts Innovation

By: Material type: ArticleArticleLanguage: ENG Series: ; 51Publication details: Summer 2010 0Edition: 4Description: 39-47 PpSubject(s): DDC classification:
  •  Gor
Online resources: Summary: The article looks at how some innovators have used information systems to make their innovation activities more effective and efficient and examines the ways in which they improved the innovation process through better use of information technology (IT) and through effective partnership with the IT department. According to the article, companies requires three things in order to use IT for facilitating innovation activities, namely specific IT-enabled organizational capabilities, a strong set of IT-based tools, and a system of control. Some of the organizational capabilities of companies that use information systems to boost their innovation performance include collaboration, ambidexterity, and competitive intelligence.
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The article looks at how some innovators have used information systems to make their innovation activities more effective and efficient and examines the ways in which they improved the innovation process through better use of information technology (IT) and through effective partnership with the IT department. According to the article, companies requires three things in order to use IT for facilitating innovation activities, namely specific IT-enabled organizational capabilities, a strong set of IT-based tools, and a system of control. Some of the organizational capabilities of companies that use information systems to boost their innovation performance include collaboration, ambidexterity, and competitive intelligence.

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