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Why is IT strategy focused on maintaining cutting-edge technology?

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Provide information on "why an IT strategy focused on maintaining a cutting-edge technology position is the most effective way to support any kind of overall business strategy."

Reference Material:
Eric Berkman (2001, January 24), Why we're Still Talking About Alignment, CIO Magazine. Retrieved from http://www.cio.com.au/article/38724/why_we_re_still_talking_about_alignment/

IT University of Goteborg (2013), Aligning IT Strategy with Business Strategy Through The Balanced Scorecard, Retrived from http://www.techrepublic.com/whitepapers/aligning-it-strategy-with-business-strategy-through-the-balanced-scorecard/287956

Allan Holmes (2007, January 1) The ROI of Alignment. CIO Online. Retrieved from http://www.cio.com/article/27969/The_ROI_of_Alignment

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INFORMATION TECHNOLOGY AND BUSINESS-LEVEL STRATEGY: TOWARD AN INTEGRATED THEORETICAL PERSPECTIVE. Academic Journal By: Drnevich, Paul L.; Croson, David C. MIS Quarterly. Jun2013, Vol. 37 Issue 2, p483-509. 27p. 2
Tie Your IT Budget To Business Strategy. Periodical By: Gomolski, Barbara. Computerworld. 8/21/2006, Vol. 40 Issue 34, p48-48. 2/3p

IT STRATEGY, AS THE EFFECTIVE TOOL OF ACHIEVEMENT COMPETITIVE ADVANTAGES OF THE COMPANY. Academic Journal By: Murov, Victor; Staver, Artem. Economics & Management. 2008, p129-129. 1/2p

Why IT strategy focused on maintaining cutting-edge technology is effective in business strategy
The use of Information technology (IT) represents a critical facet of the operational capacity and organizational structure of companies or businesses. IT tools are used to enhance the efficiency and quality of any company, and the IT portion of the organization is a repository for highly proprietary and critical corporate information. Without competent Information Technology, companies lack sufficient access to necessary business resources that can prevent destruction of the company's critical infrastructure and prevent the company from suffering serious consequences. Strategically using IT within the organization can enhance operational performance and increase competitive advantage over competitors.

To foster this type of increased productivity ...

Solution Summary

Reasons for including an aim to maintain cutting-edge technology in a business strategy are given in 778 words, with references.

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