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41 Cards in this Set
- Front
- Back
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Mediating Factors for the relationship between an Organization and Information Technology
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Environment, Culture, Structure, Business Processes, Politics, Management Decisions.
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a stable formal social structure taking resources from the environment and processing them to product output.
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Organization
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Three Elements of a Organization
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Capital, Labor, Output
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Microeconomic definition of Organization
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input from environment, production processing, output to environment.
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6 Structure of a formal organization
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Hierarchy, Division of labor, Rules, Procedures, Business Process, and Culture. |
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Precise rules, procedures, and practices that have developed to cope with virtual all expected situations
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Routines, or Standard Operating Practices
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a collection of routines
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Business Process
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Greatest Difficulty bring change to a firm.
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Political Resistance
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Unassailable, unquestioned assumptions that define a firms goals and products
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Organization Culture
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The actual way business firms produce value.
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Business Process
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7 Influence of the Environment on a Firm.
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Government Competitors Customers Financial Institutions Culture Knowledge Technology |
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Identifies external changes that may require a business response from manager.
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Environmental Scanning
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Put a strain on a firms culture, people, politics
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Government Regualtions
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Percentage of companies that exist since 1919
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10 Percent
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Substitute product or service that perform just as well as better.
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Disruptive Technology
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5 organizational structures
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Enterpruinial Structure Machine Bureaucracy Divisional Bureaucracy Professional Bureacracy\ Adhocracy |
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Firms and Individuals seek to economize trasation cost as much as they do on production cost
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Transaction Cost Theory
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The form is viewed as a nexus of contracts amongs self interested individuals rather than as a unified, profit maxing entity |
Agency Therory |
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What does it mean by flatting a companies structure, IT |
Information systems reduce the number of levels in an organization by providing managers with information to suervise larger numbers of workers giving lower worker more atonomy.(They are athourized to sucessed.) |
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Four factors for organizational resistance to change |
The IT technology, The people(culture), job task, organizational structure. All these must change also. |
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Things to consider when desinging and understnading Information System |
Enviroment of business, Structure of the firm, Culture & politics, leadership styles, priciple interest groups effected and the attitude of the workers. and the job taskes it will be used for. |
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Michel porters models |
Competitive Forces model for how companies have a comperative advantage. |
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Five factors in Porters Competitive Forces model |
New Market Entrants, Substitiude products, suppliers, customers, competitors |
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Competitive stragegy for creating brand loyalty by devopling new and unqiue products and services that are not easy to duplicate but its compeitors |
product differiatial |
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Four way a firms deals with competitive forces. |
Low-Cost Leadership, Product differntianla, focus on market niche and strengthinign customer and supplier intimancy. |
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Avergae operating cost for retail |
20% |
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Directly links customers behavior to distribution and production and supply chain |
efficent customer response system |
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The ability to offer indiviually taliored products or services using the dame production resourse as mass production is called |
Mass Customization |
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The cost of switchiing from one product to product of the competior by the customer. |
Switching cost- it comes from strong linkage between customer and supplier. |
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a collection of independent firms that use information technology to cooridinate thier value chain to procude a product or service. So they can rapidly respond to change. |
Value Web |
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uses networks to link assets people and idead enabling them it to ally wuth other companies to create distrubition products and service |
vurtiual comany |
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Loosely coupled but interdependent networks of suppliers, distributers and outsoucing forms techlogy and trasport services |
Business Ecosystem. |
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a movement between scocialtechnical systems |
Strategic trasitions |
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an activity for which a firm is world class leader. |
Core Compentency |
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Model of stategic systems at the industry level based on the concept of a network here adding another participate entrails zero margin cost but can create much larger margin gains |
Network econmomics |
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Highlight specific activites in the business where competitive stragtegies can be best applied |
Value Chain Model ( basically action that porter model leaves out) |
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comparing the efficeny and effectivness of your business processes agianst stric standards and then measuring performance agianst those standard |
Benchmarking |
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The most effect was of for consisnaty qchieve business objectives |
Best Practices |
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Business model based on networks |
Network Ecomonics |
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percent of firms that align it systems with business goals |
1/4 |
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