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Technology Competition & Strategy Session Plan
Technology Competition & Strategy Session Plan
Program : MMS
Semester: IV
Faculty : Harshvardhan Pandere
Sub : Information Technology Competition & Strategy
Introduction of the Subject
To give students in-depth look at how today’s business firms use information technologies and systems
to achieve corporate objectives by devising various high level corporate strategies which will help the
companies gain competitive advantage in the market as compared to their competitors.
Students are expected to understand how Information systems are one of the major tools available to
business managers for achieving operational excellence, developing new products and services,
improving decision making, and achieving competitive advantage.
This is the first subject to provide an integrated, strategic view of management of technology. Focusing
on both theory and practice, it addresses the contemporary challenges general managers face today--e.g.,
globalization, time compression, technology integration--and explores several strategic approaches for
dealing with them, from both a managerial and economic viewpoint.
Several integrative themes--T-M matrix, environmental drivers, process of decision making, competitive
vs. collaborative approaches, and value creation--are followed throughout. Technology Environment;
Processes Of Technology Change: Innovation And Diffusion; Technology And Competition; Process
Innovation, Value Chains And Organization; Technology Intelligence; Technology Strategy:
Collaborative Mode; Appropriation Of Technology; Deployment In New Products; Deployment Of
Technology In The Value Chain; Organizing For Innovation; Intellectual Property Strategy; Project
Valuation And Financing. For Chief Technology Officers; Directors of Technology, R&D, Product
Development, Operations; Chief Information Officers
Technology Strategy affects all the areas of business like Manufacturing, Accounting and Finance,
Human Resource, Marketing and Top management.
The impact of technology on business usually is not one- dimensional, but rather, new technology causes
a cascading effect within firms. In economic theory, we learn that price is a function of supply and
demand. But the technology has resulted in both more demand and lower prices. New technology has
made more information available to consumers. As more information becomes available, potential
buyers become more aware of opportunities to obtain and use products. This leads to greater demand.
But more precise information also leads to pricing being more systematic. Thus, technology leads to
better prices. A similar cycle has taken place in other markets. Today, many people now use the Internet
to buy automobiles, books, and other products. This has led to greater numbers of buyers in many cases
but also pressures to lower prices. For a firm to make a profit in this environment, it must be more
efficient. One of the key means that a firm obtains such efficiency is through technology. Thus, the use
of technology in one domain typically leads to greater need for changes in technology in other eas
It is very much important to build a business-centric mindset. This rapid pace of change and the
increasing pull to innovate and support business growth are the key challenges that an IT organization
needs to overcome. The solution lies in moving the IT organization from an operations-centric mindset
to a business-centric mindset. This mindset change is easier said than done considering that the need to
innovate will always be in addition to managing the existing IT architecture and priorities on a day-to-
day basis in a cost-effective manner.
Evaluation Component Weightage Description
Duration : 15 minutes per
Presentation 7 Marks student
Pattern : Industry Overview
System details
which they studied
Information flow of the
system
Problems discovered in the
system
Recommendations in terms of
new technology strategy to be
implemented
Attendance 3 Marks
Total 50 Marks
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