Track 1: Value creation Flashcards
Nævn de fire bokse i modellen for Value Creation
IS investments, performance, context/environemental factors, lag effects
IS investments
Investeringer i IS, IT managers og IT specialister
Complementary investments
The investments of organizational change that complements other investments - fx investments in process change
IS business value
The impact of investments on the multidimensional performance and capabilities
Outcome
“The ultimate meaning of the outcome comes from what is done with the time saved”
Business case
An analysis of the justification of the undertaking project
Contextual factors
Factors related to the individual company, industry or society that impact the possibilities for creating value from IS and complementary ivestments
Lag effects
The impact of IT investment can take year to become visible
Competitive advantage
When the value created in an economic exchange is greater than the value that could have been created if the company had not participated in the exchange
Sustainability
A condition where a company’s competitive advantage resists eroison by competior behaviour - requires that the company possesses some barriers that make imitaiton of the strategy difficult
Model value creation - performance
Impact on productivity, accounting perfomance and market perfomance
Model value creation - perfomance measure
Productivity and quality measure
Model value creation - contextual factors
Firm factors - Collaboration and alignment between IT departments and the business side of the company
Lag effects
The impact of IT investments can take years to become visible - value creation takes time
Nævn indholdet i Leavits diamond
Structure, task, people, technology
