Lec 1 Flashcards

1
Q

The main role of cio

A

Business strategy - a long term plan of action for business
It strategy - a long term plan of action for is/it
It operation - how info systems / information technologies are operated
Business operation - how the business is operated

Need to align all together

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2
Q

Business strategy

A

= a plan of actions designed to achieve a long term or overall plan

Corporate strategy: e.g Samsung
Strategy business unit :! Eg Samsung mobile phones

Function strategy : marketing, finance etc

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3
Q

Business strategy: strategic positioning

A

Porter argues that there are two generic strategies

Differentiation - products with unique designs eg superior designs eg Cadillac with high end prices
Cost leadership: lowest av unit costs in industry - cost minimisation
Eg Chevrolet and low prices

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4
Q

Typology of firms based on strategy - Business strategy

A

Miles and snow argue that there are 3 generic strategies:

Defender: most stable changes, high quality but low Standards or Price and operationally efficiency with economies of scale

Prospector: create changes in its market, new products/market, innovative and flexible

Analyser - follow changes very quickly, a stable domain of core products but very quickly introducing better products, combination of defender and analyser

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5
Q

Business operation:

A

Business operation deals with how the business is operated, by developing and maintaining:
Organisational roles,
business processes - how to get to end result
and business forms (interfaces) used to collect, store or transfer information

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6
Q

Is/IT operation

A

Is/it operation dead with how Is/It is operated, by developing and maintaining Is processes, business applications, is roles, is data and user interfaces

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7
Q

Is=

A

Is is an information system that facilitates gathering, processing, storing and disseminating info

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8
Q

It

A

It refers specifically to hardwares software and telecommunication networks

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9
Q

Is/it operations examples

A

Business applications: market info systems to monitor product sales and facilitated flexibility in responding to the market

Is roles: user hierarchy / It organisation

Is data : a database

User interfaces: Netflix

Is process: how to order food from dominoes (almost act like it’s a flowchart)

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10
Q

IS/IT Strategy: for

A

Is strategy: what is required by the business so required systems and info, business demand oriented and defines and priorities investments in business applications. Goal= ideal application portfolio

It strategy: how the requirements can be delivered. So focuses on technology, supply oriented and defines and priorities investment in IT assets. Goal= ideal technological assets

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11
Q

Is strategy examples

A

Application portfolio
Is project roadmap
Is project overview

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12
Q

It strategy examples

A

It principles
Technology reference model
It landscape

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13
Q

Is strategy types: sabherwal and chan

A

Saberwal and chan suggest three is strategy types

  1. Is for efficiency - automated processes, close supervision of labour
  2. Is for flexibility - monitor product sales, trends,
  3. Is for comprehensiveness - having a comprehensive view of customer, supply chain, market players (all customer data in one view)
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14
Q

Alignment types:

A

Business alignment is the degree to which the higher level, externally focused business strategies are aligned with lower level, internally doves business infrastructure and processes

Intellectual alignment - degree business strategy supports, and is supported by the it strategy

It alignment - degree to which high level it strategies are aligned with low level internally focused it processes

Operational alignment - lower level internally focused operational level of alignment deals with how the business structure and processes align with it

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15
Q

Intellectual alignment

A

Report to ceo for differentiation, to cfo for cost leadership

Is for efficiency for defender, is for flexibility for prospector and is for comprehensiveness for analyser

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16
Q

It alignment

A

Is for efficiency: oss, ios, sdss

Is for flexibility: Markis, sdss

Is for comprehensiveness: markis, iOS, sdss

17
Q

IDeal business strategy profiles for each strategy

A

The three configurations : defender, prospector and analyser can be explained using six strategy attributes

Defensiveness (relation with cust and improving efficiency)- high low med
Risk aversion (tried paths following) high low high
Aggressiveness (sacrifice profit for market share) - med high med
Proactievers (introduce new prods)low high med
Analysis (number focused) med med high
Futurity -m(budgeting + long term budgeting) high med high