Fichas
Week 1 - The IS Strategy Triangle
Fichas del conjunto (23)
- 1What is the role of the general manager?>They aggressively seek to understand the consequences of using technologies relevant to the business environment
>Key decision maker
>Doesn't necessarily need to have deep technical knowledge - 2What is a Business Process?An interrelated, sequential set of activities and tasks that turns inputs into outputs/
- 3What does a Business Process include?>A beginning and an end
>Inputs and outputs
>A set of tasks (subprocesses) that transform the inputs into outputs
>A set of metrics for measuring effectiveness. - 4What three corners does the Information Systems Strategy Triangle cover?Business Strategy, Organizational Strategy and Information Strategy.
- 5What is a strategy?A coordinated set of actions to fulfill objectives, purposes and goals.
- 6What is the difference between the roles of a business manager and an IS manager?>Business manager must have a good basic knowledge of IS in order to make decisions that may have important implications for the business.
>...Whilst the IS manager must have an in-depth knowledge and understanding of IS and IT, a general business knowledge and understanding of business processes to be able to educate and assist the business manager who must use IT. - 7What can result from an IS that is inappropriate for a given operating environment?Can inhibit and confuse things - even lead to a crisis environment.
- 8Name at least 2 questions that could be directed to a general manager?-What is a business strategy?
-Which factors influence a business strategy?
-How does a business change its strategy without losing balance or becoming out of alignment?
-Are there specific events that induce a business to change its strategies? What are they? - 9What are the three primary strategies for achieving competitive advantage, as described by Michael Porter?Cost leadership (lowest cost producer)
Differentiation (product is unique)
Focus (limited scope) - 10As opposed to Porter’s model, what do Hypercompetition models suggest?The speed and aggressiveness of the moves and countermoves in any given market create an environment in which advantages are rapidly created and eroded.
- 11What are the advantages of Hypercompetition models?Fits turbulent environments, enables managers to respond instantly and change rapidly, requires dynamic structures and processes.
- 12What is the difference between a Destroy Your Business and Grow Your Business model?>DYB focuses on creating strategies to destroy competitive advantage
>GYB is a strategy to find fresh ways to reach new customers and better serve existing ones. - 13What is a Competitive Dynamic Model and name 2 businesses that heavily use this model?A strategy that involves ‘cannabilizing’ their own products - used by Apple and Gillette - constantly releasing new models.
- 14What is a Social Business Strategy?A plan of how a firm will use social IT, aligned with organization strategy and IS strategy.
- 15Name 3 social business strategies?Collaboration, Engagement and Innovation
- 16What are the aspects of Collaboration?>Using IT to extend the reach of stakeholders
>Using social networks as a form of connection - 17What are the aspects of Engagement?>Using social IT to involve stakeholders in the traditional business of the enterprise
>A means of offering stakeholders to join in on conversations. - 18What are the aspects of Innovation?Using social IT to identify, describe prioritize and create new ideas for the enterprise.
- 19What does an organizational strategy include?The organization’s design, the choices it makes to define, set up, coordinate and control its work processes.
- 20What are the four corners of the Business Diamond?Business Processes, Tasks and Structures, Values and Beliefs, Management and measurement Systems.
- 21Name at least 3 Organizational variables?Decision rights, business processes, formal reporting relationships and informal networks
- 22Name at least 3 Control variables?Availability of data, nature/quality of planning effectiveness of performance measurement, incentives to do good work
- 23What is an IS strategy?A plan an organization uses to provide information services.
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- Descripción
- 0 Business Process and IT Strategy Fichas sobre Week 1 - The IS Strategy Triangle, creado por Ramsay Emmerson-Franke el 30/03/2016.
- Creado por
- Ramsay Emmerson-Franke
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- 4
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