Assignment 1: Models for Competitive Dynamics

User Generated

Zefzbeevf317

Writing

CIS 333

Description

Due Week 2 and worth 105 points

Competition has, since the 90s, led to wider gaps between industry leaders and laggards. There are more “winner-take-all” environments and greater churns among industry sector rivals. We have witnessed sharp increases in quality and quantity of IT (Information Technology) investments. We’ve seen striking competitive dynamics, particularly in sectors that spend the most on IT. Some of the competitive dynamics models include the Destroy Your Business (DYB) strategy, the Grow Your Business (GYB) strategy, the Information Systems (IS) and strategic advantage, and the social business strategy.

Write a four to five page paper in which you:

  1. Compare and contrast the DYB and GYB strategies in terms of the ability to sustain a business in the marketplace over the long term, to be competitive against rivals, and profitability.
  2. Examine the “cannibalization” strategy and determine if it is or is not a better strategy compared to the DYB strategy for growth, competitiveness, and market leadership. Provide two business examples.
  3. Determine whether or not changes in business strategy should entail reassessment of IS. Provide three reasons to support your position.
  4. Examine how firms can use social IT in alignment with organizational strategy and IS strategy. Consider collaborative capabilities; and what, how, and who should use social IT for a social business strategy.
  5. Use at three quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.

Your assignment must follow these formatting requirements:

  • This course requires use of Strayer Writing Standards (SWS). The format is different than other Strayer University courses. Please take a moment to review the SWS documentation for details.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

  • Demonstrate an understanding of the integration of enterprise systems with inter-organizational partners.
  • Use technology and information resources to research issues in enterprise architecture.
  • Write clearly and concisely about enterprise architecture topics using proper writing mechanics and technical style conventions.

Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Running Head: MODELS FOR COMPETITIVE DYNAMICS

Models for Competitive Dynamics
Student’s Name
Professor’s Name

Course Title

Date

1

MODELS FOR COMPETITIVE DYNAMICS

2

Models for Competitive Dynamics

Organizations are required to learn to compete differently so as to be able to achieve
strategic competitiveness in the new era of competition. Increase in competition has led to the
increase in the gap between the industry leaders and the laggards. Competition has also influenced
an increase in superiority and magnitude of IT investments which has fostered competitive
dynamics predominantly in segments that devote more efforts on information technology. In this
paper, we will be discussing some of the competitive models which include the Destroy Your
Business (DYB) strategy, Grow Your Business (GYB) strategy, the Information System (IS) and
strategic advantage and social business strategy.

Most business leaders are always scared of having their competitors making their business
irrelevant such as what Apple did to Nokia, Blackberry to Motorola and what Amazon is
attempting to do to Walmart and Tesco. Destroy Your Business and Grow Your Business are both
competitive models that can be used by business leaders to bullet proof their businesses from such
catastrophes. Business leaders can decide to become their own fiercest competitors and disrupt or
destroy their own commercial endeavors before their rivals and make reinventions to the business
to make it more formidable. For example; Kindle is the result of Amazon’s success in destroying
its own segment before its competition. Grow Your Business strategy is the direct opposite of
Destroy Your Business strategy since business leaders aim at expanding or introducing ...


Anonymous
I was struggling with this subject, and this helped me a ton!

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