Podcast
Questions and Answers
Which of the following tasks is typically associated with a web content specialist?
Which of the following tasks is typically associated with a web content specialist?
- Creating content strategies and gathering user feedback for website improvements. (correct)
- Managing network servers and troubleshooting hardware issues.
- Establishing protocols for data management.
- Programming web applications with languages like HTML and JavaScript.
What is the primary focus of 'working inward' within a strategic IT context?
What is the primary focus of 'working inward' within a strategic IT context?
- Streamlining communication with external vendors.
- Enhancing customer relationships through personalized marketing.
- Developing new products and services for a global market.
- Improving internal business processes through technology. (correct)
Which of the following is a key characteristic of an intranet?
Which of the following is a key characteristic of an intranet?
- Primary function of facilitating e-commerce transactions with external partners.
- Focus on gathering real-time data from competitors.
- Use of Internet technologies and protocols within a private company network. (correct)
- Open access to the general public.
What strategic advantage does 'working outward' provide to businesses?
What strategic advantage does 'working outward' provide to businesses?
In the context of B2C challenges, what does 'transparent prices' refer to?
In the context of B2C challenges, what does 'transparent prices' refer to?
Which of the following best describes the goal of 'working across' businesses?
Which of the following best describes the goal of 'working across' businesses?
What is a primary benefit of 'close integration' when coordinating with co-suppliers?
What is a primary benefit of 'close integration' when coordinating with co-suppliers?
According to the lessons for using IT strategically, what factor determines the success of IT implementation?
According to the lessons for using IT strategically, what factor determines the success of IT implementation?
What is the primary goal of encouraging innovation through the strategic use of IT?
What is the primary goal of encouraging innovation through the strategic use of IT?
What is the main difference between strategy making and planning in the context of IS?
What is the main difference between strategy making and planning in the context of IS?
Which of the following best describes strategic IS planning?
Which of the following best describes strategic IS planning?
In the traditional view of IS planning, which step comes first?
In the traditional view of IS planning, which step comes first?
What is a key limitation of the traditional IS planning approach?
What is a key limitation of the traditional IS planning approach?
In the current version of strategic information systems planning, what approach is emphasized?
In the current version of strategic information systems planning, what approach is emphasized?
Which of the following best describes the 'Formulate Strategy Closest to the Action' approach?
Which of the following best describes the 'Formulate Strategy Closest to the Action' approach?
According to the 'Stages of Growth' planning technique, what characterizes the 'Contagion' stage?
According to the 'Stages of Growth' planning technique, what characterizes the 'Contagion' stage?
What is the main focus of the 'Critical Success Factors' planning technique?
What is the main focus of the 'Critical Success Factors' planning technique?
In the context of the competitive forces model, how does the Internet affect the bargaining power of suppliers?
In the context of the competitive forces model, how does the Internet affect the bargaining power of suppliers?
Which of the following is an example of 'Deregulation' as one of the Three Emerging Forces?
Which of the following is an example of 'Deregulation' as one of the Three Emerging Forces?
In the context of value chain analysis, what does 'Outbound logistics' refer to?
In the context of value chain analysis, what does 'Outbound logistics' refer to?
Based on the Internet value matrix, what characterizes 'Operational Excellence' projects?
Based on the Internet value matrix, what characterizes 'Operational Excellence' projects?
Within the concept of 'Breakthrough Strategy,' what does 'Break the rules' entail?
Within the concept of 'Breakthrough Strategy,' what does 'Break the rules' entail?
What is the primary goal of linkage analysis planning?
What is the primary goal of linkage analysis planning?
What is the main purpose of scenario planning?
What is the main purpose of scenario planning?
Which of the following duties is most closely associated with a Systems Administrator?
Which of the following duties is most closely associated with a Systems Administrator?
What is the role of a data manager?
What is the role of a data manager?
Which of the following is a responsibility of a database administrator?
Which of the following is a responsibility of a database administrator?
Which role is responsible for overseeing the entire information technology and information security departments?
Which role is responsible for overseeing the entire information technology and information security departments?
What is the purpose of an intranet?
What is the purpose of an intranet?
What benefit does automated order processing offer?
What benefit does automated order processing offer?
Which of the following describes the primary function of an IT analyst?
Which of the following describes the primary function of an IT analyst?
What is the primary aim of customer-centric businesses?
What is the primary aim of customer-centric businesses?
In 'loose integration' between co-suppliers, what type of information access is typically provided?
In 'loose integration' between co-suppliers, what type of information access is typically provided?
What are the ingredients for good strategic planning?
What are the ingredients for good strategic planning?
What does 'greater availability' mean in the context of business to customer relations?
What does 'greater availability' mean in the context of business to customer relations?
How does the Internet impact Customer Loyalty?
How does the Internet impact Customer Loyalty?
How does the 'direct marketing' force have an impact on the IT world?
How does the 'direct marketing' force have an impact on the IT world?
What are the 3 types of IS Planning?
What are the 3 types of IS Planning?
What is the traditional view of planning?
What is the traditional view of planning?
Flashcards
Web content specialist
Web content specialist
Duties include researching, writing, and coordinating website content.
Web developer
Web developer
Duties include planning, programming, and securing websites.
IT analyst
IT analyst
Duties include designing IT systems and gathering feedback.
Systems administrator
Systems administrator
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Data manager
Data manager
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Information systems manager
Information systems manager
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Database administrator
Database administrator
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Director of information technology
Director of information technology
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Strategic use of IT
Strategic use of IT
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Intranet
Intranet
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Building Quality Web Portal
Building Quality Web Portal
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Fostering a Sense of Belonging
Fostering a Sense of Belonging
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Global accessibility
Global accessibility
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Instant gratification
Instant gratification
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B2C
B2C
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In close integration
In close integration
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In loose integration
In loose integration
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In tight integration
In tight integration
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Use IT strategically
Use IT strategically
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IT's economic impact
IT's economic impact
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Strategic differentiation
Strategic differentiation
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Encourage innovation with IT
Encourage innovation with IT
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What is Strategy?
What is Strategy?
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Stage 1: Early Successes
Stage 1: Early Successes
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Stage 2: Contagion
Stage 2: Contagion
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Stage 3: Control
Stage 3: Control
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Stage 4: Integration
Stage 4: Integration
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Sources of CSF
Sources of CSF
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Bargaining power of supplier
Bargaining power of supplier
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Bargaining power of buyers
Bargaining power of buyers
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Substitute products or series
Substitute products or series
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Digitalization
Digitalization
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Globalization
Globalization
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Deregulation
Deregulation
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Inbound logistics
Inbound logistics
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Operations
Operations
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Outbound logistics
Outbound logistics
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Marketing and Sales
Marketing and Sales
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New Fundamentals
New Fundamentals
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Operational Excellence
Operational Excellence
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Study Notes
The Top IS Job
- A web content specialist researches and gathers information
- Also works with graphic designers and marketing to write, edit, and publish website content.
- Web content specialists manage editorial calendars and coordinate with writers
- They also create content strategies and gather user feedback for website improvements
- Web developers plan and deliver websites or software platforms.
- Web developers program web applications in languages like HTML, CSS, and JavaScript
- They also manage security and develop e-commerce applications and websites
- IT analysts design IT systems, coordinate with developers, and gather feedback from end-users
- IT analysts analyze system performance, oversee projects, implement technical training, and manage technology developments
- Systems administrators set up accounts
- They also monitor performance, maintain systems, and manage network servers
- Systems administrators install and configure software and hardware
- They also troubleshoot issues and upgrade systems
- Additionally they build technical documents, manuals, and information technology policies
- Data managers supervise a company's networks and data systems
- Data Manager duties include creating and revising policies and establishing protocols.
- Data Managers also assist management by providing procedures, reports, troubleshooting and securing data
- Information Systems Managers manage IT employees, coordinate and enforce policies, and support/audit info systems
- IS Managers identify opportunities, develop information system strategies, prepare budgets, and contribute to IS tasks/projects
- Database administrators perform tasks such as evaluating and managing databases as well as modifying database software
- Database administrators maintain/increase the performance of company databases and securely store data
- The Director of Information Technology oversees IT and information security departments
- Duties of a Director of Information Technology include managing security programs, tracking/analyzing vulnerabilities, and developing strategies
- They also prepare security operations forecasts & budgets, deploy security technology, and ensure execution of protocols/procedures
- The Director of Information Technology is also in charge of hiring/training employees as well as creating security compliance education
Strategic Uses of IT/IS
- Strategic use of IT refers to how companies integrate and use technology to meet business goals
- IT strategies support the use of tech by outlining various factors influencing the company's tech use and investment
- The focus of using IT strategically within an enterprise is improving business processes
- An Intranet is a private company network utilizing Internet technologies and protocols
- The Intranet is for employees only to get information and policies and do online transactions
Working Inward: Business-to-employee
- Quality Web portals provide information products and services to users
- A company’s Web portal can store content (online news, policies, etc.), tools/utilities (application software), and online services
- IT managers should identify what to offer through the portal
- Intranets embody the company's culture and can be accessed anywhere with a web connection
Working Outward: Business-to-customer
- Getting closer to customers with Global accessibility, reduced order processing, greater availability and closer customer relationships
- Also increase customer loyalty, launch new products and services, and perform direct marketing
- Technical problems happen because information systems are not always reliable or may be poorly designed
- Logistics involves getting physical products to customers around the world in a timely manner, which brings physical barriers to virtual business
- Personnel: Few people have expertise in dealing with the new environment, both in technical and business arenas
- Legal: Doing business across geographic boundaries means dealing with multiple legal systems
- Competitive response: The ease of creating a Web presence brings low barriers to entry for competitors
- Transparent prices: Customers can compare prices across Web sites, reducing profit margins
- Greater competition: The elimination of geographic boundaries means a firm must compete with competitors from around the world
- Instant gratification: Customers demand immediate satisfaction
- The goal is staying closer to customers, understanding customer needs, and delivering personalized goods/services
Working Across: Business-to-business
- Working across businesses comes in three forms:
- Working with co-suppliers
- Working with customers in a close, mutually dependent relationship
- Building a virtual enterprise
- Coordination with co-suppliers has been deterred due to the lack of convenient ways to share information, which the Internet has changed
- Integration comes in loose, close, or tight forms
- Loose integration is when one party provides another with ad hoc access to its internal information
- Close integration, involves two parties exchanging information in a formal manner
- Tight integration consists of two parties that share at least one business process
How to use IT Strategically
- Pair value from IT with concurrent innovations in business practices
- Focus on incremental improvements, not a "big bang" IT project
- The ability to continually innovate around IT's evolving capabilities leads to strategic differentiation over time
- IT strategies help companies support innovative processes to create new products and services
- IT integrations, like cloud computing, help companies acquire alternative IT resources and tools
- Information technology strategies can help companies improve internal lines of communication
- An effective IT strategy can make tools and resources more accessible to other department teams
- IT can also enhance team collaboration and new business models by lowering distribution costs and providing customized solutions
IS Planning
- Planning is developing a view of the future that guides decision making today.
- Executives emphasize strategy over planning
- Strategy states the direction and intent to get there which then creates a plan
- This consists of traditional planning, strategic information systems planning, and planning approaches:
- Strategic planning has a significant long-term impact on the growth, rate, industry, and revenue of an organization
- Strategic Planning deals with planning for the use of IT for strategic purposes:
- Attempting to to form a future view helps to determine what should be done now
Traditional View of IS Planning
- Business executives created a strategy, then IS executives created a plan to support, then creating an implementation plan
- Companies were comfortable spending time creating a single strategic plan for the next five years
- The plan was made by top management, and if the CIO was part of it, the IS division was involved
- IT staff were developed from the corporate plan - a system strategy dictating what was needed to support the business plan.
The assumptions behind the traditional planning stance were
- The future is predictable, time is available to progress and IS supports the business
- Top management has the best because they have the broadest view
- The company can be viewed as an army Leaders
Current version of strategic Information Systems planning
- Companies should focus on letting strategies unfold rather than plan them
- It means sensing a new opportunity or possibility and quickly responding by testing it via an experiment.
- The major change introduced by the Internet is communication with others, like customers, partners, and suppliers
- Aligning strategy requires contact with the marketplace, and employees closest to the future should assist
Eight planning techniques
- Stages of growth: The growth stages go through four phases of early successes, contagion, control, & integration
- Critical Success Factors (CSF): the few key areas that must go right to flourish
- Competitive forces model: Includes the threat of new entrants, the bargaining power of buyers and the bargaining power of suppliers
- Three emerging forces are digitalization, globalization, and deregulation.
- Value chain analysis forms a sequence based on activities like inbound logistics, operations, and service
Internet value matrix
- Consist of criticality to business and newness of Ideas
- E-business fundamentals include new fundamentals, operational excellence and rational experimentation
- The four steps to breakthrough strategy include brainstorming, creating a list of inventive marketing ideas, and taking a risk
- The creation of a strategy to utilize electronic channels takes place with Linkage Analysis Planning (LAP)
- This planning can be performed with the ability to define power relationships among participants and define extended enterprises
- Scenario Planning includes creating theatrical situations that help people adapt to changing realities
Four steps in scenario planning
- Define decision problem and time frame
- Identify major knew trends
- Identify a few driving uncertainties
- Construct scenarios
Conclusion
- Good strategic planning should focus on the future and be intrinsic to business planning
- A combo of tools can help with planning, and melding speed with flexibility is key
- By creating a strategic view and by conducting many short experiments within that view.
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