Influence of IT

Post an assessment of the influence of IT in the creation of competitive advantage in organizations, incorporating the Required Readings on strategy and competition. In your assessment, address the following:

• What is competitive advantage and what are the ways it is created?
• How does IT contribute to competitive advantage?
• What are the risks associated with using technology for competitive advantage?
• Also, include in your post a current theory related to IT for competitive advantage. Select a theory that extends beyond the resources provided in the readings for this week and involve your own research in the Walden Library using recent peer-reviewed sources. For the theory, provide a summary using these section headings:
  • The name of the theory
  • The year the theory was introduced
  • The theorist/author
  • Key components of the theory
  • A statement of how the theory does or does not apply

Be sure to support your work with a minimum of three specific citations from this week’s Learning Resources and at least one additional scholarly source.

Resources

Bacanu, B. (2016). Competitive advantage: “The emperor has no clothes!”. Bulletin of the Transilvania University of Brasov, Series V: Economic Sciences, 9(1), 99–106. Retrieved from http://webbut.unitbv.ro/Bulletin/Series%20V/Series…

Carr, N. G. (2003). IT doesn’t matter. Harvard Business Review, 81(5), 41–49. Retrieved from https://cb.hbsp.harvard.edu/cbmp/pl/70896911/70897120/d210c240ae904b08b5f90382a27ac4ee

Ghemawat, P. (2002). Competition and business strategy in historical perspective. Business History Review, 76(1), 37–74. Retrieved from https://www.cambridge.org/core/journals/business-h…

Porter, M. E., & Kramer, M. R. (2011). Creating shared value: How to reinvent capitalism—and unleash a wave of innovation and growth. Harvard Business Review, 89(1-2), 62–77. Retrieved from https://cb.hbsp.harvard.edu/cbmp/pl/70896911/70897102/14ee51e753d1f9aa221ab5181a934e71

Porter, M. E., & Millar, V. E. (1985). How information gives you competitive advantage. Harvard Business Review, 63(4), 149–160. Retrieved from https://cb.hbsp.harvard.edu/cbmp/pl/70896911/70897065/625dc70cb48584d0f75794815d3fcf24

Purkayastha, A., & Sharma, S. (2016). Gaining competitive advantage through the right business model: Analysis based on case studies. Journal of Strategy and Management, 9(2), 138–155. doi:10.1108/JSMA-07-2014-0060

Optional Resources

Ashtiani, Z. M., & Karimi, S. (2016). A study on effect of market orientation and Michael Porter’s Five Competitive Forces on performance of Bahman Group. International Journal of Advanced Biotechnology and Research, 7(5), 228–241. Retrieved from https://bipublication.com/files/ijabr20160528_Sharif.pdf

Christensen, C. M., Bartman, T., & van Bever, D. (2016). The hard truth about business model innovation. MIT Sloan Management Review, 58(1), 31–40. Retrieved from http://mitsmr.com/2cBmhTk

Diana, C., Mirela, I., & Sorin, M. (2017). Approaches on the relationship between competitive strategies and organizational performance through the Total Quality Management (TQM). Quality – Access to Success, 18(S1), 328–333. Retrieved from http://www.srac.ro/calitatea/en/

Viltard, L. A. (2017). Strategic mistakes (avoidable): The topicality of Michel Porter’s generic strategies. Independent Journal of Management & Production, 8(2), 474–497. doi:10.14807/ijmp.v8i2.580