Information Technology: Changing Competition
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How does a company change the basis of competition in their industry by using IT?
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Solution Summary
The response provides you a structured explanation of how a company can change the basis of competition using information technology. It also gives you the relevant references.
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According to the article if the organizational systems portfolio is properly aligned with the organizational strategies, it can create competitive advantage (1). Creating a relationship between strategic planning and information technology, understanding the systematic basis requirements of the organization, and developing a strategic information architecture can give the company competitive advantage and change the basis of competition.
When a company introduces information technology, it changes the basis of competition in the industry by changing the industry structure and altering the rules of competition(2).
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Education
- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
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