Exploring CEOs' perspectives on the strategic importance of IT using text mining: A longitudinal investigation

Jeff Baker, Jaeki Song, Min Woo Lee

Research output: Contribution to conferencePaper

Abstract

Recent commentary has indicated that the strategic importance of IT may be waning. To explore this issue, we investigate CEOs' perspectives on the strategic importance of IT over time by analyzing their Letters to Shareholders from corporate annual reports. We use text mining to examine a sample of 180 annual reports from Fortune 1000 companies in the commercial banking industry from the period 1997 to 2005. The primary intended contribution of this study is to demonstrate ways in which text mining may be used to investigate the issue of whether IT remains strategically important. We argue that text mining need not be dismissed as a tool of data-driven research, but instead that text mining can be utilized in theoretically-grounded confirmatory research. We demonstrate types of analyses that may be performed to address the question of whether IT remains a component of organizational strategy and present preliminary findings of our research.

Original languageEnglish
StatePublished - Dec 1 2007
Event28th International Conference on Information Systems, ICIS 2007 - Montreal, QC, Canada
Duration: Dec 9 2007Dec 12 2007

Conference

Conference28th International Conference on Information Systems, ICIS 2007
CountryCanada
CityMontreal, QC
Period12/9/0712/12/07

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Keywords

  • Annual reports
  • CEOs
  • IT commoditization
  • Longitudinal data
  • Organizational performance
  • Senior management
  • Text mining

Cite this

Baker, J., Song, J., & Lee, M. W. (2007). Exploring CEOs' perspectives on the strategic importance of IT using text mining: A longitudinal investigation. Paper presented at 28th International Conference on Information Systems, ICIS 2007, Montreal, QC, Canada.