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Module Title or Code:: Assignment Number: A2
Module Title or Code:: Assignment Number: A2
Module Title or Code:: Assignment Number: A2
Assignment number: A2
Task A......................................................................................................................................... 3
Task B......................................................................................................................................... 6
Task C....................................................................................................................................... 10
There are many ways IS can enable and support firms in their
endeavours to gain a competitive advantage. Langan (2018) suggests
the use of data and customer analysis tools for firms operating in the
Focus – Niche category. Laudon and Laudon (2012) explain how IS use
data from, for example, credit card purchases to form patterns of
customer buying behaviour. Companies seeking to gain ‘the edge’ may
decide to focus on developing a first class customer relationship with
their clients. CareAssist a fictional emerging technology application
developed as part of the MS00B emerging technologies module
proposed a competitive strategy based on the Focus – Niche strategy
(Claffey, 2019). The business aimed to become the GoTo application
for Carers working in the Homecare environment. It proposed to do that
by becoming very customer focused and providing a high functioning
application which incorporated artificial intelligence in the form of a
natural language tool. In addition it would build strong relationships with
additional stakeholders including Health Service Executive staff, Family
G.P.’s and private Homecare Providers. There will be a need to capture
information from Customers, Suppliers and Business partners alike. A
Customer Relationship Management tool would be key to managing
these relationships which could be considered as both Business to
Consumer (B2C) and Business to Business (B2B). The Blood Pressure
management tool would provide information to G.P.’s and link with the
supplier of this product. The Financial Management section of the
application would if possible provide invoices from the Homecare
Providers who supply some of the Carers to the customer and manage
invoices from private Carers. These functions would require
Operational/Transactional processing systems, such as online bill
payment systems and person to person payment e.g. CheckFree.com or
PayPal.com (Laudon and Laudon, 2012). In summary IS can become
part of a firm’s competitive strategy by enabling competitive advantage
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Kind Regards
Lesley
Date RESPONSE TO JOSEPH’S POST (A) REFERENCES
06/12/19 Hi Joseph
Chaffey, D. (2014) Digital Business
Thank you for your post on Competitive Strategies enabled by and E-Commerce Management.
Information Systems The Amazon AWS story is a good example of Pearson Education UK. Available at:
differentiation through innovation. The warning of inefficiencies in http://ebookcentral.proquest.com/lib/
innovation by Thierry and Lescop (2009) is well made. In his dcu/detail.action?docID=5137515
chapter on Strategy and Applications, Chaffey (2014, p.240) (Accessed: 5 December 2019).
discusses the ‘productivity paradox’, a term given to the link
between a company’s investment in IS and the performance of the Isckia, T. and Lescop, D. (2009)
‘Open Innovation within Business
business. This is measured “in terms of profitability or stock Ecosystems: A Tale from
returns”. Carr (2003, cited in Chaffey, 2014, p.241) argues that IT Amazon.com’, Communications and
has become a commodity and no longer delivers competitive Strategies, (74), pp. 37–54. doi:
advantage. He suggests that the scarcity of a resource rather than http://www.idate.org/en/Digiworld/Co
the ubiquitous nature of it, is responsible for it providing a company mmunications-
with a competitive advantage. This argument is refuted by authors Strategies/Archives/Archives_50_.ht
and it is suggested that the paradox is more likely to be a result of ml.
the mismanagement of IS projects (Chaffey, 2014).
(Note to tutor: I was unsure of
Regards exactly how to reference this article
Dermot. I had difficulties getting
Lesley access to read all of it using the link
Joseph used. It does appear to
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have been published in the journal
Communications and Strategies
though.)
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Thanks for your post Joseph. Your description was precise and
easy to read. In particular your reference to the service as a form of Hashizume, K., Rosado, D.G.,
outsourcing reminded me of the discussions that are being had Fernández-Medina and Fernández, E.
around associated security issues for companies choosing to go B. (2013). An analysis of security issues
Regards.
Lesley
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(C) What is ‘knowledge management’ and how can firms use it to their
competitive advantage?
6/1/20
Knowledge management (KM) refers to the set of business processes Cox, S. A. (2014) Managing
information in organizations: A
developed in an organization to create, store, transfer, and apply
practical guide to implementing an
knowledge (Laudon and Laudon, 2012). This can be considered a ‘value information management strategy.
chain’ of business processes where each stage of the chain adds value to Palgrave Macmillan: Basingstoke.
information and raw data. Laudon and Laudon (2012) believe that the Available at:
field of knowledge management is 80% organisational and managerial http://ebookcentral.proquest.com/lib/d
and 20% technology. Information management and knowledge cu/detail.action?docID=4763482
management systems whilst connected, have a subtle difference best (Accessed: 28 October 2019).
described by Sing (2007, citied in Cox, 2014, P.323) Information
management is tasked with documenting and retrieving explicit knowledge Laudon, K.C. and Laudon, J.P.
whilst knowledge management is the process of generating value from (2012) Management information
systems: Managing the digital firm.
these assets. Information management facilitates the knowledge
12th edn. New Jersey: Pearson
management process. Two such examples are:- Education.
Capturing information for organisational
learning Lee, V-H., Foo, A. T-L., Leong, L-Y.,
Ensuring information is meaningful and Ooi, K-B. (2016) ‘Can competitive
accessible by authorised staff. advantage be achieved through
knowledge management? A case
An example of this might be the instigation of a Risk Assessment process study on SMEs’, Expert Systems with
and workplace guidelines following an incident/accident. If employees only applications, 65, pp. 136–151. doi:
10.1016/j.eswa.2016.08.042.
learn as individuals about incidents or accidents then the likely hood is
that a similar incident will re-occur. The knowledge gained from the Urbancová, H. (2013) ‘Competitive
incident needs to be documented and a process put in place to help advantage achievement through
prevent similar events. In other words transformation needs to take place. innovation and knowledge’, Journal
Effective KM can be achieved by the presence of three elements within of competitiveness, 5(1), pp. 82–96.
organisations. doi: 10.7441/joc.2013.01.06.
1. Processes to enable the KM to take place
2. People who are willing to engage, – a
.
What then is the greater value of all this knowledge? One strategic value
is to use it to gain competitive advantage in the market place.
When browsing the literature it became apparent that a third element
‘innovation’ is often added to the scenario.
I particularly liked their section on the Activities in KM which lays out in a clear
way how to use a KM system:-
1. Start with a business problem and its value.
2. Identify a strategy to help deliver the value and
address the KM problem.
3. Think about the system required from both a people
and process perspective.
4. What technical infrastructure is require to support the
process?
5. Implement system and processes in stages with
appropriate change management in place.
Lesley
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