Executives Lands End Assess Financial Managerial Performance Impact New Dependent Strategi Q34225637

How can the executives of Lands’ End assess the financial andmanagerial performance impact of this new IT-dependent strategicinitiative

Expert Answer

IT dependent strategies initiativescomprise the strategic actions that are dependent on informationtechnology for value creation and it would be impossible to enactthese strategic moves without adequate investment in ITinfrastructure. Some of the initiatives which comprise it dependentstrategies customer relationship management, business processreengineering, knowledge management electronic business andinfrastructure initiatives, electronic commerce and any otheractivities which are exclusively dependent upon informationtechnology. How effective the initiative is can be effectivelygauged from the level of sustainable competitive advantage gainedfrom implementation of the initiative.

Gaining