05 Corporate Development & IT implementation Flashcards
4 stages of CorpDev&IT
- strategy dev -> positioning
- process dev -> macro-processes
- information system integration
- implementation
information system integration: content & methods
information system planning
- standard software implementation
“European way” - process & system integration for legacy systems
“American way” - proprietary development
“Japanese way”
there should actually be a rational choice!
2 models to explain…
to explain relationships bw strategy, process architecture & IT systems implementations, it takes 2 models:
- a meta data model
- a project process model
Meta data model “Strat dev”
strat biz field
- serves cust segment
- serves regional market
- provides product
- uses distrib channel
Key to strategic analysis:
identify & reduce yourself to 3 to 5 most important gaps to fill in the next few years, even if we do not know how to fill them
=> you gotta fight the psy tendency to only think of problems that you can cope with
=> the top performing managers are those who can do this
you cannot afford the projects to fill your top gaps?
2 alternatives
either recalibrate (to smaller vision) or sell / merge / go together with other ppl
3 analysis types in the project process model of strat dev
- external analyses by consultants = number crunching
- internal analyses (many types)
- gap analysis
SW-OT strategies
= using internal factors to deal with environmental factors
Ansoff matrix of basic strategies
current VS new markets
X
current VS new products
=
market penetration –> core strats = best, most profitable
product dev
market dev
diversification –> most risky (blue ocean strategies ~ American dream)
Generic product / market growth strats (how) according to Lechner
X internal organic, alliances & network, M&A
core
adjacent to core
diversification based on core comp.
unrelated div.
creation of new industries
==> both dims are ordered by increasing risk
==> be disciplined & focus your effort adjacent to core, especially if you are small
next question after generic prod/mkt growth strats: choose biz strat in Porter matrix of generic strategies
scope (narrow VS broad) X comp. adv. (cost VS unique VP)
= 4 options
macroprocess
- def
- rel. w product / service
- composition
- rel. w IT system
- rel. w project management
- the macroprocess is defined by its output, i.e. a certain client relationship interaction
- customers pay for the product / service, but they more often decide based on the CRI!
- each composed of microprocesses, typically 3 to 7
- microprocesses are implemented in the information system
- to be implemented in parallel
customer buying cycle
def=
including…
inventory of clients’ touchpoints
…including needs ==> CRI
effectiveness VS efficiency
effectiveness –> external –> CRI
efficiency –> internal –> macroprocess delivering the CRI
strat development goes from external to internal
efficiency:
- measured how
- often achieved how
- # hours spent for CRIs
- efficiency is often achiavable through incremental improvement