Swot Analysis And Porters Five Forces Information Technology Essay

Swot Analysis And Porters Five Forces reading Technology EssayWalgreens pharmacies stool incorporated intellectual technology into each facet of its outgrowth. The ability to develop, implement, and analyze the effects of the IT has signifi enkindletly improverd apothecarys shop efficiency. The companys core strategies include happen upon objectives to provide mod IT within its melodic phrase operations that place them as the industry loss leader. The IT transformation is not mediocre about cutting be but utilizing this intelligence to become the evaluate added community destination for quality wellnesscare.The pharmacys many processes utilize IT to fill prescriptions, identity card third party payers, maintain patient profiles, document clinical services, conduct supply chain, multichannel communications, and other supportive services. The integrated platform improves productivity and execution of the organization by streamlining workflow. The pharmacy manager can u tilize the key performance indicators (KPIs) to effectively manage departmental functions and improve processes. The pharmacy mental faculty utilizes the IT to improve customer service and satisfaction.Walgreens strategy is to operate as the leader within the industry. The initiative to transform community pharmacy is dependent upon its groundbreaking IT ontogenesis. The shift from the payer and provider to the consumer directed healthcare system lead form the community pharmacies model. The IT system allow for support the necessary tools needed to redefine the role of community pharmacy.The prioritizing of company strategy focused IT systems will further support the business objectives. The future of the IT department will be to become less dependent on consultants to provide expertise or else than investing in the training and promotion of present company talent. in that location will be a shift from customized software solutions for applications and the utilization of bo x options when pertinent. The assessment of the IT operating model will determine if global oral communication options will be needed to support the companies twenty-four hour capabilities.Strengths over 7,500 integrated locations to provide services72 percent of all Americans conk out within five miles of a Walgreens18 percent of the market distributeIT innovatorIT focused strategiesMultichannel communicationsWeaknessesDependence on outside IT consultants study of customized IT solutionsLacking development of global and/or off shore IT moduleOpportunitiesChanging IT operating modelWifi hot spotsradio receiver networkIntegration of healthcare unitsThreatsRecession limits on bran-new IT development and costly implementationHighly trained IT personnelHighly in effect(p) packaged softwareFigure 1 SWOT Analysis of understanding Technology.The core strategies of Walgreens are focused on IT. There is a big(p) deal of support from management to provide modernistic transformations that will increase efficiencies and improve customer service. There are over 7,500 integrated locations pliable eighteen percent of the market providing these services to the consumer (Standard Poors, 2011). The many opportunities to interface with the consumer welcome given Walgreens the leading market position as the closely snug community drug store. The multiple channels include brick and mortar store, telephone, website, e-mail, winding phone, texting, and social networking media.The dependence on outside IT consultants posses a likely riskiness of the under development of Walgreens staff and increased costs to the company. The utilization of customized IT solutions increases costs for development and continued support. The cost savings that could be realized by either off shore or global IT staff have not been apply.The changing of the IT operating model has the ability to become innovative opportunities that could increase their market share. The offerings of Wifi h otspots and wireless internet connections have the potential to capture more consumers through this on-line interaction. The IT integration of all health care units serves to increase efficiency and performance for the business.Several threats of the Walgreens IT system create potential risks to their market share. The recession poses constraints on the research and development of new IT solutions and changes. The networks of highly trained IT people have the potential to offer their expertise to the rival competition. The increase in the development of packaged software options offers a more in force(p) and less costly system to maintain.The competitive environment of the industry exhibits significant power to control Walgreens share of the market with its most significant rival, CVS. The ability to puddle market share could be greatly dependent upon the extent of innovative IT that either company may integrate within their operations. The ability to utilize this IT to conduct a more efficient business operation and exert its leverage on the market can determine its level of control. Walgreens has positioned its company as the market leader of innovative technology by offering cost effective solutions that provide repute added services to the consumer. Walgreens ability to operate as an IT strategy focused operation is key to exhibiting a competitive advantage within the market. The ability to gain a further market advantage would be dependent upon innovation that would continue to differentiate Walgreens from the competition and establish its individual Brand identity. Walgreens has utilized its company IT focused strategies to introduce national programs (immunizations, diabetes testing, blood pressure monitoring, ect.) to change the community pharmacy and the role of the pharmacist. This leverage within the industry has enabled them to form substantial barriers that competitors must overcome.