An overview of the role of information technology in strategic management: Part 2

Strategic management of the firm includes the strategic management of information technology in the context of business relationships. Firms do not exist in isolation. Multiple constituents make up a relationship network that constitutes the vital resources needed to fulfil the mission of a business...

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Main Author: Galbreath, Jeremy
Format: Working Paper
Published: Curtin University of Technology 2006
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/10825
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author Galbreath, Jeremy
author_facet Galbreath, Jeremy
author_sort Galbreath, Jeremy
building Curtin Institutional Repository
collection Online Access
description Strategic management of the firm includes the strategic management of information technology in the context of business relationships. Firms do not exist in isolation. Multiple constituents make up a relationship network that constitutes the vital resources needed to fulfil the mission of a business. To leverage a firm?s business relationships effectively, a relationship ?lens? is needed that can act as a guiding process for strategy creation and tactical fulfilment. In order to engage and manage each business relationship and to execute relationship strategies, the relationship engagement cycle (REC) creates the phases necessary to acquire, learn about, and build memorable experiences with each relationship and to establish trust and loyalty with the most valuable relationships. Information technology, in many various forms, is a key strategic enabler of the REC.
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spelling curtin-20.500.11937-108252017-01-30T11:21:09Z An overview of the role of information technology in strategic management: Part 2 Galbreath, Jeremy information technology value creation strategic management competitive advantage strategy firm performance relationships Strategic management of the firm includes the strategic management of information technology in the context of business relationships. Firms do not exist in isolation. Multiple constituents make up a relationship network that constitutes the vital resources needed to fulfil the mission of a business. To leverage a firm?s business relationships effectively, a relationship ?lens? is needed that can act as a guiding process for strategy creation and tactical fulfilment. In order to engage and manage each business relationship and to execute relationship strategies, the relationship engagement cycle (REC) creates the phases necessary to acquire, learn about, and build memorable experiences with each relationship and to establish trust and loyalty with the most valuable relationships. Information technology, in many various forms, is a key strategic enabler of the REC. 2006 Working Paper http://hdl.handle.net/20.500.11937/10825 Curtin University of Technology fulltext
spellingShingle information technology
value creation
strategic management
competitive advantage
strategy
firm performance
relationships
Galbreath, Jeremy
An overview of the role of information technology in strategic management: Part 2
title An overview of the role of information technology in strategic management: Part 2
title_full An overview of the role of information technology in strategic management: Part 2
title_fullStr An overview of the role of information technology in strategic management: Part 2
title_full_unstemmed An overview of the role of information technology in strategic management: Part 2
title_short An overview of the role of information technology in strategic management: Part 2
title_sort overview of the role of information technology in strategic management: part 2
topic information technology
value creation
strategic management
competitive advantage
strategy
firm performance
relationships
url http://hdl.handle.net/20.500.11937/10825