ch01 - Chapter 1 The Information Systems Strategy Triangle...

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1 Chapter 1. The Information Systems Strategy Triangle Managing and Using Information Systems: A Strategic Approach
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2 Figure 1.1 The Information System Strategy Triangle
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3 The Information Systems Strategy Triangle Successful firms’ business strategy drives both their organizational and IS strategies: They must, therefore, seek to balance business, organizational, and IS strategies IS Strategy is affected by the other strategies a firm uses. Changes in IS strategy must be accompanied by constant adjustments in the other two IS strategy can have (sometimes unintentional) consequences on business and organizational strategies
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4 BRIEF OVERVIEW OF BUSINESS STRATEGY FRAMEWORKS
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5 A Business Strategy is: A well-articulated vision of where the business seeks to go and how it expects to get there It is the form by which a business communicates its goals The following are examples of well- accepted models of business strategy
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6 Business Strategy Frameworks Porter’s Generic Strategies Framework (and its variants) Hypercompetition and the New 7-S’s framework (D’Aveni)
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7 Porter’s Competitive Advantage Strategies Cost leadership : be the cheapest Differentiation : focus on making your product stand out for non-cost reasons Focus : occupy narrow market niche where the products/services can stand out by virtue of their cost leadership or differentiation.
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8 Porter’s Market Forces Threat of existing competition Entry barriers Threat of suppliers Threat of customers Threat of substitutes
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9 Hypercompetition and
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