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10 Cards in this Set

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The Balanced Scorecard
-provides a tool that can describe the contribution of IT to the Company’s strategy.

-It is a performance measurement framework that allows managers to measure the firm’s performance from multiple perspectives.
Balanced Scorecard 4 Perspectives
-Learning and Growth
-Process Perspective
-Customer Perspective
-Financial Perspective
Balanced Scorecard Perspectives
Learning and Growth
addresses the firms goals for investments in human, information, and organizational capital.
Balanced Scorecard Perspectives
Process Perspective
Describes the firm’s objectives for its business processes.
Balanced Scorecard Perspectives
Customer Perspective
Customer satisfaction focus.
Balanced Scorecard Perspectives
Financial Perspective
Accounting-based performance that is used as a lagging indicator of firm performance.
Balanced Scorecard Perspectives
4 parts of Information Capital
-Computing Hardware
-Infrastructure
-Applications
-Employee abilities
Function IT
Those that perform a single function (e.g., word processing and spreadsheet applications).
Categories of IT
Network IT
Those that allow people to communicate with one another (e.g., instant messaging).
Categories of IT
Enterprise IT
Those that restructure interactions within the organization as well as external partners (e.g., customer relationship management applications).
Categories of IT