Lesson 1 Flashcards
CIO
Chief Information Officer
Head of Information Technology (IT); the highest level IT executive or manager in a firm or business unit
CIO main role and three main responsibilities
CIO’s main role is aligning business and IT
- Intellectual alignment (aligning business strategy and IT strategy)
- IT alignment (aligning IT infrastructure with IT strategy)
- Operational alignment (aligning IT infrastructure with business infrastructure)
Porter’s two generic strategies for Business Strategy
- Differentiation: products and services with unique features (Ferrari)
- Cost leadership: lowest average unit cost in the industry (Ford)
Miles & Snow’s three generic strategies for Business Strategy
- Prospector: creates changes in the market (new products/market)
- Analyzer: follow changes quickly (quickly introduce competitive and new products, occasionally better than prospector)
- Defender: stable (high-quality but standard products at low prices)
Three IS Strategy types according to Sabherwal & Chan
- IS for efficiency (efficient)
- IS for flexibility (flexible)
- IS for comprehensiveness (knowledge)
Intellectual alignment
Aligning the business strategy and the IT strategy.
IT alignment
Aligning IT strategies with infrastructure and processes.
Operational alignment
Aligning IT infrastructure and processes with business infrastructure and processes
Challenges for CIO regarding misalignments/misfits
- Process (functionality) misfit
- Data misfit
- Role misfit
- Control misfit
- Organizational culture misfit
Strategic Alignment Model (SAM)
Business strategy - IT strategy
Business operation - IT operation