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How information gives you competitive advantage

TLDR
Most general managers know that the revolution is under way, and few dispute its importance as mentioned in this paper, however, they don't know how to take advantage of this knowledge and their ability to become involved in the management of new technology.
Abstract
Most general managers know that the revolution is under way, and few dispute its importance. As more and more of their time and investment capital is absorbed in information technology and its effects, executives have a growing awareness that the technology can no longer be the exclusive territory of EDP or IS departments. As they see their rivals use information for competitive advantage, these executives recognize the need to become directly involved in the management of the new technology. In the face of rapid change, however, they don’t know how.

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Citations
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Journal ArticleDOI

Value creation in E-business

TL;DR: In this article, the authors explore the theoretical foundations of value creation in e-business by examining how 59 American and European e-Businesses that have recently become publicly traded corporations create value.
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Towards a dynamic theory of strategy

TL;DR: The cross-sectional problem is logically prior to a consideration of dynamics, and better understood, and three promising streams of research that address the longitudinal problem still fall short of exposing the true origins of competitive success.
Journal ArticleDOI

Review: information technology and organizational performance: an integrative model of it business value

TL;DR: A model of IT business value is developed based on the resource-based view of the firm that integrates the various strands of research into a single framework and provides a blueprint to guide future research and facilitate knowledge accumulation and creation concerning the organizational performance impacts of information technology.
Journal ArticleDOI

Electronic markets and electronic hierarchies

TL;DR: By reducing the costs of coordination, information technology will lead to an overall shift toward proportionately more use of markets—rather than hierarchies—to coordinate economic activity.
Journal Article

Electronic markets and electronic hierarchies

TL;DR: By reducing the costs of coordination, information technology will lead to an overall shift toward proportionately more use of markets, rather than hierarchies, to coordinate economic activity as discussed by the authors, which is a positive development.
References
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Book ChapterDOI

How Competitive Forces Shape Strategy

TL;DR: The essence of strategy formulation is coping with competition as mentioned in this paper... Yet it is easy to view competition too narrowly and too pessimistically, while one sometimes hears executives complaining to the contrary, intense competition in an industry is neither coincidence nor bad luck.
Book

The Visible Hand

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How information gives you competitive advantage?

Information gives a competitive advantage by allowing executives to directly manage technology and use it to gain an edge over rivals.