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Essay / Research Paper Abstract
This 16 page paper looks at a number of different models and frameworks that can be used to aid with strategic decision making in the context of both information technology and information systems in the business environment. The bibliography cites 17 sources.
Page Count:
16 pages (~225 words per page)
File: TS14_TEITISframe.rtf
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Unformatted sample text from the term paper:
way that the internet is used as a communication or sales medium. Over time there have been many models developed to aid with the way that strategy is developed or
implemented many of these have been developed looking only at the firm, with little attention paid to the impact of IS or IT. However, as a major influence models and
frameworks need to be considered, and the way that they may be implemented with IT and IS considered as a factor. Bakos and Treacy (1986) argue that there is a
need for a normative model and links the use of IT with tools such as industrial economic and organizational design, strategies which themselves may be aided by inputs resulting from
the use of models such as Porters five forces and value chain analysis. Bakos and Treacy (1986) argue that there are three main perspectives; the internal strategy, which looks to
the internal aspects of an organization, such as effective structures, and the way that the organizational goals can be realised, the competitive strategy where the focal point is the industry
and the way that the firm competes within that environment. The third perspective is the business portfolio where there is a broader macro environmental assessment and this aids with a
firm in choosing what industries to compete and where to position oneself (Bakos and Treacy, 1986). These perspectives appear to indicate potential
alignment with the way strategy may be formulated and the use of analysis models, especially with the internal perspective and value chain analysis and the competitive perspective and Porters five
forces model, demonstrated that there may be an alignment that is not necessarily apparent from most descriptions of the models1. However, Porter himself has argues that there needs to be
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