USE Unit 2 IP IT600 (1)

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Colorado Technical University *

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(IT600 -17

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Information Systems

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May 22, 2024

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docx

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IT Managemen: IT600t Strategic Information Systems Assessment Verlane McDonald May 14, 2024 Colorado Technical University
Strategic Information System Assessment (Week 2 IP) Analyze strengths, weaknesses, opportunities and threats for the case study organization related to its present information systems environment? Porter's Five Forces Strengths: Strong Brand Recognition and Loyal Customers Innovative Products and Services High-Quality Products with Unique Features Leading Technology Edge Financial Strength and Profitability Weeknesses: Expensive Products and Services Lack of new innovative products in recent years High degree of litigation Complacency in the face of growing competition Limited Customization Options Dependence on iPhone Closed Ecosystem Opportunities:
Leveraging its strong brand image to enter emerging markets Incorporation of new product lines like virtual reality and argmented reality devices Increased focus on content streaming services Utilize Artificial intelligence Growth of the Advertisement Market Threats: Battle Against Counterfeit Products Increasing competition in their various Industries Threat of reduction in demand due to economic downturns Back door mechanism Assess the forces that are presently governing competition for the case study organization? Threat of new entrance, accesses the ease are difficulty for new players to enter and Industry. Bargaining power of suppliers, which are usually High when the market is dominated by a few suppliers are if there are no substitutes for the particular input or even when the switching comes from one Supply to another or high. The bargaining power of buyers, This force considers the influence by itself on an industry. Threat of substitute products or services. Which examineStrategic thrust is a strategic approach that consists of five strategic drivers used to analyze the role of new information Technologies is the likelihood of customers switching to Alternative products or services.
intensity of competitive rivalry, Analyzes the level of competition among existing firms in an industry. Using wise man's framework of strategy development Define the Strategic thrust and related advantages that the case study organization should use to build a business case for implementing and information systems management plan? Information research can be employed inside a company or organization to gain a competitive edge using the Wise Man's Theory of Strategic Thrust. Customers, suppliers, and rival businesses should be the main points of emphasis for strengthening the business case for putting a management plan into action. Differentiation, cost, innovation, expansion, and alliance are the five thrusts. Examining the role of developing information technologies at the corporate strategy level is possible using the differentiation thrust, a strategic approach composed of strategic drivers. When examining success criteria, they might aid in establishing various viewpoints in areas of perception .. Additionally, as communication is crucial, having great communication is necessary to comprehend and convey the message, which not only fosters successful working relationships with suppliers but also draws in new clients. SIS assists in arranging and assessing data needs and keeping records as efficiently and economically as possible. Moreover, strategic information systems are employed to produce and uphold businesses' competitive tactics and can also be employed to keep rival companies from gaining an edge on the company. As already said. The Wiseman's framework is a very proactive tool with a wide range of applications that
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