9 Flashcards
What are the challenges in implementation related to customers?
Communicating what he wants/what he needs, budget constraints and timeline
pressure.
What are the challenges in implementation related to infrastructure?
Managing hardware and software dependencies and addressing security concerns.
What are the challenges in implementation related to project lead?
Understanding the requirements, addressing scope changes and navigating resource restraints.
What are the challenges in implementation related to architect?
Translating requirements into feasible designs and managing design changes.
What are the challenges in implementation related to developer?
Implementing the requirements effectively and ensuring code quality.
What are the challenges in implementation related to consultant?
Aligning solutions with client needs, managing client expectations and dealing with potential client skepticism or pushback.
What are the challenges in implementation related to documentation?
Maintaining accuracy and completeness, being up-to-date and overcoming documentation resistance form team members.
What are the challenges in implementation related to customer needs (conclusion)?
Finding out what the customer actually needs and implementing it.
What is strategy?
Strategy is a plan of action designed to achieve a (long-term) goal.
What is digital strategy?
Digital strategy is a plan of action designed to achieve a (long-term) goal in a digitalized world.
Digital strategy is not about the use of specific technology; technology defines the means, not the result.
Digital strategy is not a subset of business strategy – it is the corporate strategy in a digitalized world.
What are the strategic levers for digital transformation?
- process
- data
- suppliers
- customers
- products & services
What is digital transformation?
Digital transformation is not an end in itself. It aims to improve value positioning or value creation.
Digital transformation can be shaped by strategic levers to change specific aspects of an existing business.
What is hype cycle?
Use hype cycle predictions to develop your AI strategies for the future and deploy technologies.
The hype cycle contains innovations that need to be known and are expected to bring extensive benefits to any organization.
Why do we face disruptive transformation?
Individuals & society: available anytime through mobile devices as the tool of choice for consumption:
- Potential for bias
- Need for robust regulations
- Ethical concerns
Companies: face extreme pressure of disruptive business models:
- Automation of jobs
- Enabling new business models
- Enhanced efficiency in various industries
What is VUCA?
Volatility, uncertainty, complexity, ambiguity.
Technological change is cause and remedy for the VUCA world
What is volatility?
Speed and magnitude of change is unpredictable.
Technology amplifies fluctuations in demand but also helps address challenges from shortening of product lifecycles through changes in R&D, production, logistics, and marketing, etc.
What is uncertainty?
Events and outcomes are unpredictable, history is not a guide to the future.
Technological advances lead to new business opportunities but also may Destry existing ones rapidly.
Uncertainty about long-term societal impacts.
What is complexity?
Multiple independent variables leading to multifaceted effects which are difficult to analyse and interpret.
Technological development increases level of data available and opportunities for analysing and drawing conclusions on data but also massively boosts complexity.
Complexity of integrating AI into existing systems.
What is ambiguity?
Several possible and equally valid valuations and interpretations that are mutually contradictory.
Business risk arising from ambiguity can be addresses by outsourcing to technology partners.
Ambiguity surrounding ethical considerations and regulations in the AI landscape.
