Develop strategies that can give them comparative advantage

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Business organizations always emphasize on information systems on the verge to gather any desirable information that can aid in decision-making. Due to the vast and comprehensive changes in many business backgrounds and the emergence of the Internet and computers, the structure of most businesses and the necessary information requires changes. Competition has taken root in most of the industries and information technology form a very useful avenue for companies or organizations to thrive. The potential usefulness of the different kinds of information technology systems is well recognized for organizational management (Porter, 2014). Perhaps it is true to state that advances in IT have been a stepping stone to organizations attempt to develop strategies that can give them a comparative advantage.

However, IT also poses a significant risk to the competitive advantage of a company. If a company fails to keep track with the current technology, the company is always likely to have a competitive disadvantage. As a result, business and organization management has a task of ensuring that they are always updated with any emerging technology in the industry.

Reference: Porter, M. (2014). Competitive strategy. [S.l.]: Free Press.

Reference no: EM13991487

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