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Technological capabilities and innovation: Assess competitors' technological capabilities and their focus on innovation. This includes their use of technology in operations, product development, and customer service. This includes their leadership, management style, and employee engagement practices.
SWOT Analysis SWOT (strengths, weaknesses, opportunities, and threats) is a common strategic analysis and planning framework that assesses the relative position of a business within the market overall—and specifically a company’s competitors. What performance signals did they point to? genAI and ChatGPT).
In today’s rapidly evolving technological landscape, the role of the CIO has transcended simply managing IT infrastructure to becoming a pivotal player in enabling business strategy. Understanding the company’s competitive position allows IT leaders to mindfully act to implement technology for competitive advantage.
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