Assignment#2

Assignment#2 - Compare and contrast two of the eight...

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Compare and contrast two of the eight planning techniques for systems planning discussed in the book starting on page 145. Be sure to cover how they are similar and how they differ. Of the two you choose, tell me which one you like more and why. Strategic planning is defined as having a long term impact on growth rate, industry and revenue of an organization. A strategic system planning is becoming more difficult and more important at the same time. There are various tools, methodologies and frameworks available to support IS planning processes and reduce the complexities associated with planning IS. The paradigm of strategic planning has changed sufficiently to support the new role of information systems and technology. The Eight Planning techniques described in the book are: Stages of Growth, Critical Success Factors, Competitive forces model, Porter’s Five Forces - Analysis of the Internet, Value Chain Analysis, E-Business Value Matrix, Linkage Analysis Planning, and Scenario Planning. Many companies use the combination of these techniques for planning purposes. (Barbara Mcnurlin) Porter's Five Forces and Value Chain both help strategic managers to make decision on the basis of organizational external environment and internal analysis. The two frameworks are especially valuable for managers to develop and implement long-term strategy for organizations so as to build and maintain competitive advantages in the long run. Porter's Five Forces: This framework mainly focuses on the industry structure analysis in the organizations external environment. It reveals the source of competition in an industry and external influence including the threats and opportunities of the industry that organization has to face to obtain competitive advantage. Value Chain highlights the explorations of internal analysis of a chain of business activities. It explores the role and contribution of organization's resources corresponding to primary and support activities in a cost-effective way to gain cost advantage. Porters five forces, as a powerful analysis tool, enables managers in corporations to analyze the current situation of their industry in a structured, easy-to-understand way. From a strategic management
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perspective it is useful for managers in any organization in the same industry or sectors to understand the five competitive forces acting on and between organizations in the same industry and or sector since this will determine the attractiveness of that industry and the way in which individual organizations might
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This note was uploaded on 11/08/2010 for the course MIS MIS 510 taught by Professor Yates during the Spring '10 term at RMU.

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Assignment#2 - Compare and contrast two of the eight...

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