| What are Strategic information systems | ”Strategic Information systems that are more specifically meant to provide organizations with competitive advantages.”
”Importantly [… ] to make an initiative strategic; it is how the information systems are used that can provide the added value or strategic advantage organizations seek by implementing such initiatives” |
| What is included in the strategic planning process? | Strategic planning: a structured set of steps; an iterative process.
Goal: identification of strategic information systems initiatives. |
| What are the advantages of the IS strategic Planning process? | • Improved Communication
• Improved Coordination Shared mental image of initiatives Clear responsibilities agreed upon
• Improved Decision Making Clear guidelines and criteria Consistent decisions making over time |
| What is the Business strategy triangle? | Business strategy
Organisational strategy
Information strategy. |
| What is the virtual value chain framework? | No focus on product or service, but on information associated with the services.
We mainly use these when we are dealing with a service company.
Essentially, we are working with companies who are selling “knowledge” |
| How do we Evaluate strategic initiatives? | Critical succes factors
• Few and fundamental missions and visionary questions.
• You can map Information systems initiatives and support the critical success factors. |
| What is Hyper-competition: Sustainability of Competitive Advantage? | D’Aveni’s 7Ss suggest:
• Every competitive advantage is eroded
• Sustaining an advantage can be a deadly distraction
• Goal of advantage should be disruption, not sustainability
• Initiatives are achieved through series of small steps |
