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Competitive Forces, The Five, That Shape Strategy - Harvard Review

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Herold k.
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  1. Introduction
  2. Know the IT environment/estate
  3. Areas where IT represents a risk to company's competitive advantage
  4. Continuous report and Monitor
  5. Conclusion

Michael E. Porter's article ?How Competitive Forces Shape [Business] Strategy? was first published by Harvard Review in 1979 and the economist and associate professor's article revolutionized the strategy field. The article explains how the five main competitive forces which include: Customers, suppliers, entrants, established competitors/rivals and substitute offerings/products. While aligning IT with the Business Strategy, some of the forces can take advantage due to IT vulnerabilities and can bring risks to the business. However, the risks can be translated to a competitive advantage (Porter, 2008).

Such risks when they materialize aim at compromising the information security of a company. They come in the following ways: virus attacks e.g. luv bug and Melissa viruses; attach by black hat hackers who are usually malicious and crack your IT system hoping to gain something out of the information; fraudulent emails and websites. These threats can cause fraudulent transactions. The staff also misuses organizations emails and web. Organizations bandwidth can also be misused by Staff who performs peer-to-peer file transfer and sharing. Failure to update or configure the organization's software usually brings about these types of threats.

[...] Competitive Forces, The Five, That Shape Strategy - Harvard Review Relationship between IT and a company's competitive advantage Michael E. Porter's article Competitive Forces Shape [Business] Strategy? was first published by Harvard Review in 1979 and the economist and associate professor's article revolutionized the strategy field. The article explains how the five main competitive forces which include: Customers, suppliers, entrants, established competitors/rivals and substitute offerings/products. While aligning IT with the Business Strategy, some of the forces can take advantage due to IT vulnerabilities and can bring risks to the business. [...]


[...] After getting the probability of the risk attached to the system, the company can put the necessary amount of effort in ensuring that the system is secure e.g. by hiring a system analyst. They will be analyzing the system and monitoring so that any outliers can be detected. How it would improve the company's competitive advantage This will greatly improve customer satisfaction and incidences of the system being hacked are reduced and the organization gains reputation and a more customers increasing its profit and hence competitive advantage. Reference Porter, M. E. (2008). Competitive Forces, The Five, That Shape Strategy. Harvard Business Review . [...]


[...] The staff also misuses organizations emails and web. Organizations bandwidth can also be misused by Staff who performs peer- to-peer file transfer and sharing. Failure to update or configure the organization's software usually brings about these types of threats. Technical failure Occur when a hardware device ceases to function or some of its components get damaged. In some instances, it occurs when a software bug is introduced to the system or shows up due implementation errors. This failure can occur due to large, complex systems which are unstable and are frequently maintained and updated. [...]

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