Business Administration 3322K Study Guide - Final Guide: Corporate Governance Of Information Technology, High Tech, Financial Risk
22 Mar 2019
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How does it add value: reduce costs through transactions and processes, add value customers and markets, transform create a whole new business. Problem statement: write a sentence outlining the key problem (biz issue and tech opp, connect issues with business strategy (growth stable it, prioritize the issues, address the symptoms. Resources: time available, location geography, rural/urban, high-tech, departments, financial assessment. Using the data: project overruns, openness to change + flexibility, it staff skillful, draw a diagram of the system if applicable. Ksfs: briefly list them and rank them, how are we doing, ksf is not a competitive advantage it is the minimum you need to compete. Criteria: define criteria and explain them, prioritize them rank top, important, non-critical and critical, quantitative and qualitative, try to determine how to evaluate/measure them + hurdle rates. Only choose criteria that can distinguish the alternatives and are specific (can"t be revenue, cost, profit).
