INFS1602 Lecture Notes - Lecture 3: Bargaining Power, Value Chain, Switching Barriers

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Chapter 3: organisat ional strategy, information systems and competitve. 3. 1: how does organisational strategy determine information systems. Strategy specific patterns of decision to leverage on core competencies to attain competitive advantage. Core competencies unique skills and proficiencies that can be utilised in value creation activities. Competitive advantage a product or service that an orga(cid:374)isatio(cid:374)"s (cid:272)usto(cid:373)ers pla(cid:272)e a greater value on than similar offerings from a competitor. First mover advantage when an organisation can significantly affect its market share by being first to market with a competitive advantage. Synergies output of some units can be used as inputs to other units. 3. 2: what five force s determine industry structure: a(cid:272)(cid:272)ordi(cid:374)g to porter"s five for(cid:272)es (cid:373)odel, five (cid:272)o(cid:373)petitive for(cid:272)es deter(cid:373)i(cid:374)e i(cid:374)dustry profita(cid:271)ility. The organisation must discuss its response to the force and evaluate the strength of the solution to assess the viability of the strategy.

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