In the context of IT/IS strategy, what big decisions Woolworths has taken recently? What major challenges Woolworths has been facing recently? 1.2.3. What factors led Woolworths to take such strategic decisions? 1.2.4. Use Porter’s five forces model to assess the situation of Woolworths. Where do you see the balance of power? How does this impact IT/IS strategy? What are the pros and cons of those big IT/IS strategic decisions for Woolworths in: (a) Short term, (b) Long term? In your opinion, how important is the role of IT in Woolworths? Does the new management underestimate this role? Do you agree with the decision of new management in writing down millions of dollars in IT investment? Explain with reasons and recent examples from industry.What would you do, had you been the CIO of Woolworths? Please explain your reasons and ensure that they have solid footings
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