The four-stage planning model is the foundation for the development of a portfolio of applications that is highly aligned with the corporate goals and has the ability to create an advantage over competitors. A fourstage model of IT planning consists of four major activities or stages. Illustrate these four activities/stages. Question 4 Analysing the forces that influence a company's competitive position will assist management in crafting a strategy aimed at establishing a sustained competitive advantage. To establish such a position, a company needs to develop a strategy of performing activities differently than a competitor. Illustrate the various strategies that may be adopted by an organisation to gain competitive advantage. The four-stage planning model is the foundation for the development of a portfolio of applications that is highly aligned with the corporate goals and has the ability to create an advantage over competitors. A fourstage model of IT planning consists of four major activities or stages. Illustrate these four activities/stages. Question 4 Analysing the forces that influence a company's competitive position will assist management in crafting a strategy aimed at establishing a sustained competitive advantage. To establish such a position, a company needs to develop a strategy of performing activities differently than a competitor. Illustrate the various strategies that may be adopted by an organisation to gain competitive advantage