Managing Information and Technology in Samsung Electronics Case Study

Managing Information and Technology in Samsung Electronics - Case Study Example This helps develop strategic information systems, which support the competitive position as well as strategies for the enterprise. The various information systems like the TPS, MIS and DSS help organizations gain competitive advantage, decrease competitive disadvantage and meet strategic objectives for the enterprise (Stair & Reynolds, 2014; Khosrow-Pour, 2006). Michael Porter shows that a firm is capable of having long-term success once the business successfully creates strategies for confronting the five competitive forces which shape the structure of competition within an industry. It is possible to develop various competitive strategies to assist a business to confront the five competitive forces. This can be achieved through knowledge presented to business professionals by information systems that include the main forms of IS. Information systems can provide knowledge regarding strategies on cost leadership, differentiation, innovation, growth and even alliance (KhadraouI & Herr mann, 2007; Heijden, 2009). Just over a decade ago, In 1993 Korea’s Samsung launched an initiative with the goal of rising to the ranks of global leading companies. From that time onwards, the company worked hard in refining its business focus and even alter the prevailing businesses strategies to achieve the ambition. Today Samsung is among the finest global corporations in terms of sales and earnings as well as innovative technological design. The company’s earnings and sales performance have surprised the world. As one of the planet’s largest makers of memory chips, Samsung creates many digital consumer gadgets, appliances, semiconductors, and even telecommunications devices. Since the 1993 initiative, Samsung electronics invested heavily in establishing its presence as an international iconic brand and manufacturer (Lee, 2006).