The article “The Five Competitive Forces That Shape Strategy,” from Harvard Business Review, presents a comprehensive view of how five major competitive forces shape the industry and strategic planning of businesses. Each force has specific ways that shape competition, which may influence strategy.
Write a 1,050-1,750 word paper on the relationship between IT and a company’s competitive advantage or strategy.
- Identify and briefly describe five specific areas where IT represents a risk to a company’s competitive advantage.
- Identify and briefly describe five specific areas in which IT may support or promote a company’s competitive advantage.
- Select a disadvantage you identified, and provide a detailed scenario of how it would occur, and what steps might be taken to reduce the risk.
Select an advantage you identified, and provide a detailed scenario of how it could be leveraged to improve a company’s competitive advantage.
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