Week 5 - Soft Side of Digital Transformation Flashcards

1
Q

Is tech a driver of change?

A

not necessarily, it is an enabler

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2
Q

Do people decide about technological effects?

A

the primary function, but there are some unintended cnsequences

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3
Q

What are the key concepts to management?

A

change management
project management
strategic management

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4
Q

What does strategic management involve?

A

-Not just a plan—goes beyond controlling resources.

-Focuses on creating value (not just profit).

-Involves a theory (why) as well as execution (how).

-Requires alignment across layers

-IT investments should support strategic objectives.

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5
Q

What does change management involve?

A

-Change = Transition from current to future state

Lewin’s 3 Stages: Unfreeze → Change → Refreeze

-Resistance is common (psych, political, etc.)

Clear communication is essential

-Readiness matters—people & systems must be prepared

Timing is crucial

-Champions, not managers, inspire others

Influential peers = critical actor

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6
Q

What does project management involve?

A

-3 Dimensions of a Project:

Has an end point

Involves novelty

Produces a deliverable (tangible/intangible)

-Iron Triangle:

Project constrained by Quality, Time, and Cost

Needs define what/how/when to deliver

-Types of Projects:

Internal: for managers (e.g. closing a branch)

External: for customers (e.g. adding to SAP)

Routines ≠ Projects

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7
Q

What management concepts are related?

A

project management and change management

not strategic because it is more long-term

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8
Q

What are the 4 key talent areas required for digital transformation?

A

-tech
-data
-process people
-org change capability

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9
Q

What is the diff between strategic management and strategic planning?

A

planning focuses primarily on generating profit, management is concerned with establishing
long-term value and is guided by a theoretical framework

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