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Strategy

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Strategy
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Information Technology and

Competitive Advantage

“Spend sufficient time confirming the need and the need will disappear. “

Ed's Fifth Rule of Procrastination









Information Systems for Managers - Information Technology and Competitive Advantage

1

The Imperative



 Global competition

 A more perfect market

for information

– Customers

– Suppliers

– Competitors

– Investors

 Transformation from

industrial to

information economy

Information Systems for Managers - Information Technology and Competitive Advantage

2

What To Do?



 Flattening the hierarchy

 Decentralization

 Driving decisionmaking

downward

 Collaborative working

 Downsizing and

outsourcing

 Moving more rapidly





Information Systems for Managers - Information Technology and Competitive Advantage

3

What Information Systems Can

Do

 Computation and

manipulation

 Communication

 Data storage

 Data access

 Data organization

 Data presentation





Information Systems for Managers - Information Technology and Competitive Advantage

4

New Organizational Capabilities



 “Waves of Innovation”

(Primozic & Leben,

1991)

– Reducing costs

– Leveraging investments

– Enhancing products &

services

– Enhancing executive

decision-making

– Reaching the consumer





Information Systems for Managers - Information Technology and Competitive Advantage

5

Supply Chain

Upstream Internal Downstream

2nd Tier

Supplier



1st Tier

Supplier

2nd Tier

Supplier

Assembly, mfg,

Dist. Retail Cust.

pkg

1st Tier

Supplier

2nd Tier Supplier









Information Systems for Managers - Information Technology and Competitive Advantage

6

Supply Chain Problems



 Uncertainty of demand

 Coordination problems

 Product shortages

 Too much (or the wrong kind of)

inventory

 Quality problems (caught late)

 Poor customer service

Information Systems for Managers - Information Technology and Competitive Advantage

7

Early Solutions





 Vertical integration

– Control of the entire chain

– Can be costly, distracting

 Building inventories

– “Just in case” vs. “just in time”

– Also costly

– No guarantees

Information Systems for Managers - Information Technology and Competitive Advantage

8

Supply Chain Management



 Coordination of activities in the supply

chain

 Use sales data for forecasting

 JIT purchasing – lower inventories

 Strategic partnerships

 Build-to-order rather than build-to-

inventory

Information Systems for Managers - Information Technology and Competitive Advantage

9

How IT Can Help



 Rapidly communicate orders

 Track order status

 Check and maintain inventory availability

 Plan production based on demand and

forecasts

 Rapidly communicate design specifications

and changes

 Share info about defects, returns



Information Systems for Managers - Information Technology and Competitive Advantage

10

Enterprise Resource

Management

Sales Sales Sales

Office Office Office







Central database

And servers







Factory Warehouse Acctg Hdqtrs

Information Systems for Managers - Information Technology and Competitive Advantage

11

ERP - Advantages



 Firm structure

– Unified processes

– “One firm”

 Management control

– Rapid access to up-to-date information

– Cross-functional information

– Aid in decision making



Information Systems for Managers - Information Technology and Competitive Advantage

12

ERP - Advantages



 Technology

– Unified platform

– Data standardization (definitions and formats)

 Business

– Cross-functional integration

– Efficient response to customer requests for

information

– Flexible manufacturing

– Smart procurement, lessen inventory

– Better data leading to better forecasts

Information Systems for Managers - Information Technology and Competitive Advantage

13

ERP - Challenges



 Massive implementation

– Costly

– Requires lots of user input

– Changes to organizational culture

 Larger benefits are down the road

 Inflexibility?

 Failure to reap benefits



Information Systems for Managers - Information Technology and Competitive Advantage

14

The Virtual Corporation



 Also known as virtual organization,

virtual enterprise

 Set of alliances among various

organizations

 Each partner contributes unique

capability

 Temporary or permanent



Information Systems for Managers - Information Technology and Competitive Advantage

15

IT-enabled Phenomenon



 EDI (early technology)

 Interorganizational systems

 Ecommerce (B2B)

 Mass customization technology

 Internet (intranet, extranet)

 Groupware





Information Systems for Managers - Information Technology and Competitive Advantage

16

VC - Caveats



 Carefully define core competency

 Make vs. buy decisions

 Relationship of trust with partners

 Aggressively use IT capabilities

 Softer issues









Information Systems for Managers - Information Technology and Competitive Advantage

17

Electronic Commerce



 Use of telecomm networks to conduct

business transactions

 eCommerce vs. eBusiness

 Differing definitions

 Business-to-business (B2B)

 Business-to-consumer (B2C)





Information Systems for Managers - Information Technology and Competitive Advantage

18

B2C - Using the Web to Make

$$$

 Advertising (Yahoo)

 Selling information (Consumer Reports)

 Selling goods and services (Amazon)

 Referrals (Autobytel)

 Razors/blades (Adobe Acrobat)









Information Systems for Managers - Information Technology and Competitive Advantage

19

B2B Applications



 To save money, realize efficiencies

 Three types of marketplaces

– Supplier-oriented marketplace

– Buyer-oriented marketplace

– Intermediary-oriented marketplace

 Use of EDI in private VANs and via

Internet

 XML

Information Systems for Managers - Information Technology and Competitive Advantage

20

Knowledge Management



 Enhance strategic

flexibility

 Only lasting

advantage

 The “learning

organization”

 The knowledge

economy

Information Systems for Managers - Information Technology and Competitive Advantage

21

Types of Knowledge



 Tacit vs. explicit

– Implicit (Tacit) –

know but can’t

explain

– Explicit – can be

expressed







Information Systems for Managers - Information Technology and Competitive Advantage

22

The Knowledge Management Life-

Cycle







Create/ Refine/ Manage/

Apply

Capture Store Disseminate









Information Systems for Managers - Information Technology and Competitive Advantage

23

IT Applications



 Knowledge bases

– As opposed to database

– Computerized repository

 Factual/procedural knowledge (manuals)

 Bestpractices

 Discussion databases



 Corporate yellow pages/directories



 Organizational experience



 Expert systems

Information Systems for Managers - Information Technology and Competitive Advantage

24

IT Applications



 Groupware

– Enable online collaboration, communication

– Document sharing

– Indexing and archiving

– Lotus Notes

 Internet

– Standard technology base for building

applications

– World Wide Web (knowledge creation)

Information Systems for Managers - Information Technology and Competitive Advantage

25

Does IT Matter?



 Nicholas Carr (HBR, 2003)

– IT as a commodity, available to all

– Price to pay to play

– Any IT-based advantage can be imitated

 Opposing(?) points of view

– New technologies

– Continuous innovation

– IT and management

 Ongoing debate

Information Systems for Managers - Information Technology and Competitive Advantage

26


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