Like
many business owners, Clark Kepler wondered
if his bookstore would survive the onslaught
of Internet and Web-based technologies. But
Kepler’s has survived and thrived by
adding new E-commerce services to the traditional
mix of products and services that its customers
wanted from their neighborhood bookstore.
What you need to know
Information
technologies, including Web-based Information
Systems are playing a vital and expanding role
in business. Web-based systems can help all kinds
of businesses improve the efficiency and effectiveness
of their business processes, managerial decision-making,
and workgroup collaboration and thus strengthen
their competitive positions in a rapidly changing
marketplace.
This
is true whether information technology is used
to support product development, customer support,
interactive electronic commerce transactions,
or any other business activity. Web-based information
technologies and systems are fast becoming
a necessary ingredient for business success
in today’s dynamic and global environment.
Strategic Uses of Web-based Information Systems
(WBIS)
How can business managers use the investments in WBIS to directly support a
firms's competitive advantage? The figure below answers that question with
a summary of the many ways that WBIS could help a business implement the five
basic strategies for competitive advantage.
Investments
in WBIS enables a firm to build strategic IT
capabilities that allow it to take advantage
of strategic opportunities when they arise.
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