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, and which may influence strategy.
Prepare a 14- to 16-slide presentation describing the relationship between IT and a companys competitive advantage or strategy with detailed speaker notes that addresses the following:
- Identify and briefly describe five specific areas where IT represents a risk to a companys competitive advantage.
- Identify and briefly describe five specific areas in which IT may support or promote a companys competitive advantage.
- Select a disadvantage you identified, and provide a detailed scenario of how it would occur, including 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 companys competitive advantage.