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This paper will assess how changes in technology have created business opportunities for Kudler Fine Foods, identify the generic strategy it should use and identify some tactics it should implement to realize the strategy. In addition, this paper will describe how KFF management can continuously scan the dine foods grocery industry for ideas that will allow it to update its strategy.
Introduction
The success of an organization is dependent upon the strategy that the organization has employed. Many have studied the effects of having a defined strategy in an organization and how it relates to the success of the company. In order for companies to keep employee morale high and to remain in competition in the business world, managers and leaders are required to examine the organizational strategy that exists within the company.
Information technologies can revolutionize how organizations do business. The two characteristics of this revolution are strategic information systems, and systems that support or provide for business reorganization. The first part deals with strategic information systems, which are primarily used to seize the opportunities created by technological innovations and changing market conditions. Such systems are also used to increase competitiveness and effectiveness by solving organizational problems and by smoothing operations. The second part deals with the need for organizations to fundamentally change how they are doing business, primarily in order to adjust to the changing business environment. Such changes also help organizations seize opportunities and solve major business problems as well.
Both types are unique in that the strategic, long range organizational impact of a ...