Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī (Sep 2007)

The Study of Success Key Factors in Strategic Planning of Information Systems in Investment Companies

  • Payam Hanafizadeh,
  • Seyyed Alireza Ghafoori

Journal volume & issue
Vol. 7, no. 26
pp. 243 – 279

Abstract

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An investment company is an entity which its main duty is rendering services on professional investment management to the shareholders' invested capitals. Investment companies are financial brokers who sell stocks to people and invest the profits on a variety of portfolios. Given the enhanced competitiveness among organizations, nowadays utilizing information technology provides an edge over competitors. In this regard, developing strategic planning of information systems to fulfill the objectives of the investment companies is absolutely crucial. Making use of balanced scorecard and critical success factors methodologies as strategic planning of information systems methodologies in this research, strategic processes of investment companies as well as their critical success factors have been identified. Comparing the different nature of the investment companies with other business companies has been another motivation for this research. Presenting a model to determine the critical success factors in strategic planning of information systems for Iran’s investment companies considering cost leadership, product differentiation, and niche market strategies are among the achievements of this research.