Management Effectiveness Using Technology Resources
Analyze a company, its business position, and the attainment of a competitive advantage through the understanding and application of information systems and technologies.
You have been called in by your boss. The company is considering buying another smaller firm; however, some business analysis is needed for your company management to make its final decision about purchasing. Your boss has asked you to look at the firm that he or she is considering to buy in terms of competitive advantage. You have been asked to explain to senior management how you would provide this information. You have been tasked with using Porter’s five forces to make this determination. Discuss and defend to your management how utilizing Porter’s five forces to analyze any organization or industry would provide an understanding of competitive advantage.
Book: Pearlson, Saunders, chapters 2, 5
Pearlson, Keri E., Saunders, C. S. (2013). Managing and Using Information Systems: A Strategic Approach, 5th Edition.
Decision Making Methods
Review several articles about various methods of decision making.
Decision Making Models
Good decisions make a business grow. Bad ones will give your business a burn rate. The fuel that burns is your money and your investor’s money. When that fuel is gone, your business will fail!
How Your Learning Style Affects Your Use of Mnemonics.
This explanation of how the different learners use their learning style to remember content focuses on visual learners, auditory learners, and kinesthetic learners. Click “Memory Improvement” in top-right navigation for memory aids.
Michael Porter: Why business can be good at solving social problems
Michael Porter presents his case for letting business try to solve massive problems like climate change and access to water.
Porter’s Five Forces Model: Mobile Phone Industry Example
Analyzing an industry using Porter’s forces with the mobile phone industry as an example.
Simple processes for problem-solving and decision-making.
Strategic Information Systems Planning
An explanation of how managers can plan for information system changes within the organization to ensure those changes are in line with the organization’s strategic goals.
Techniques for Decision Making
Tools that will help you to make the best decisions possible