Chapter 2 Five key IT decisions: making IT a strategic asset Flashcards

1
Q

what are the three questions of effective governance

A
  1. what decisions must be made?
  2. who should make these decisions
  3. how will we make and monitor these decisions
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2
Q

describe IT principles

A

enterprises that have a small number of clearly articulated IT principles achieve superior business value

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3
Q

describe IT architecture

A

achieve desired business and technical standardization and integration

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4
Q

describe IT infrastructure

A

The foundation of planned IT capability.

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5
Q

describe Business application needs

A

it has two objectives. first one is creativity and is about identifying new and more effective ways of delivering value from IT. Discipline is about ensuring that applications leverage and build out the enterprise architecture

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6
Q

describe IT investment and prioritization

A

three dilemma’s

  1. how much to spend
  2. what to spend it on
  3. how to reconcile the needs of different constituencies
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7
Q

Four types of IT investments

A
  1. strategic (gain competitve advantage)
  2. informational (to provide information)
  3. transactional (to cut costs)
  4. infrastructure (to provide shared services)
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