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IT DOESNT MATTER

1) When resources become essential to competition but inconsequential to strategy, the risk it creates becomes more important than the advantages it provides. 2) Proprietary technologies are shifted to Infrastructural technologies by using IT. 3) Today, an IT disruption can paralyze a company's ability to make its products, deliver its services, and connect with its customers, not to mention foul its reputation. 4) Interoperability and Cost savings provided by IT make sacrifice of distinctiveness unavoidable. 5) IT may be a commodity, and its costs may fall rapidly enough to ensure that any new capabilities are quickly shared, but the very fact that it is entwined with so many business functions means that it will continue to consume a large portion of corporate spending. 6) Low transaction costs provided by IT come with higher risks that is data confidentiality. 7) The operational risks associated with IT are manytechnical glitches, obsolescence, service outages, unreliable vendors or partners, security breaches, even terrorismand some have become magnified as companies have moved from tightly controlled, proprietary systems to open, shared ones. 8) Extracting value from IT requires innovation in business practice. 9) IT innovation confers additional advantage like brand recognition and scale economies.

10) IT has become essential to competition but inconsequential to strategy, so the risks it creates has become more important than advantages it provides. 11) At a high level, stronger cost management requires more rigor in evaluating expected returns from systems investments, more creativity in exploring simpler and cheaper alternatives, and a greater openness to outsourcing and other partnerships