Reference no: EM131235509
Question:
The case for this module is about understanding the development of IT strategies that support and are supported by business strategy. Given the large amount of investments in IT, companies need to get high IT business value. To do that, a good IT strategy is essential.
In the first reading, Smith et al. (2007) discuss five critical success factors that organizations must consider in creating an IT strategy within an organization. For example, they say that one of the most important factors is that "senior managers in high performing companies take a leadership role in IT decision making" (p.54). The authors discuss other factors that were identified in the focus groups conducted with IT managers from 15 different organizations. In addition, they present some of the best practices and challenges faced by those IT managers while developing their IT strategies.
Required Reading
Smith, H. A., McKeen, J. D., & Singh, S. (2007). Developing information technology strategy for business value. Journal of Information Technology Management, XVIII(1), 49-58. Retrieved from https://jitm.ubalt.edu/XVIII-1/article4.pdf
KPMG. (2014). Technology industry outlook survey. Retrieved from https://www.kpmg-institutes.com/institutes/global-enterprise-institute/articles/2014/06/2014-technology-industry-outlook-survey.html
Carr, N. (2003). IT Doesn''t Matter, retrieved from https://hbr.org/2003/05/it-doesnt-matter
Peppard, J., & Ward, J. (2005). Unlocking Sustained Business Value from IT Investments, California Business Review 48 (1) 52-69. Retrieved from https://www.r3now.com/literature/peppardward.pdf
Reviews and responses to the book at https://www.nicholascarr.com/?page_id=23
Case Assignment
When you''ve read through the required readings and other related material, scanned the websites, and thought about it carefully, please prepare a short (4-5 page) paper discussing the question:
"How can organizations create business value from IT investments?"
Submit your paper upon completion.
Use information from the modular background readings as well as any good quality resource you can find. Please cite all sources and provide a reference list at the end of your paper.
|
How long will it take to pay back the initial investment
: Discounted Payback. Your company is seriously considering investing in a new project opportunity, but cash flow is tight. Top management is concerned about how long it will take for this new project to pay back the initial investment of $50,000. You ..
|
|
Significant impact on any employees future outside
: In a way training has a significant impact on any employee's future outside their current position as well. This is because one of the best ways to be noticed and prepare for a future opportunity is to be successful at the current position that one h..
|
|
How might advertising reduce economic well-being
: How might advertising reduce economic well-being? How might advertising increase economic well-being? What is the prisoners' dilemma, and what does it have to do with oligopoly?
|
|
What is the beta on a stock
: According to the CAPM, what is the beta on a stock with an expected return of 18.50%, market return of 15.00%, and a risk free interest rate of 4.00%?
|
|
How can organizations create business value from investments
: How can organizations create business value from IT investments - About understanding the development of IT strategies that support and are supported by business strategy
|
|
What are all of ethical and legal parameters involved here
: Understanding that there are both ethical and legal implications involving this case, as the Health Care manager of this facility, what should be done in this case and/or how would you "manage" this situation?
|
|
What are the key issues brought about in the conversation
: What are the key issues brought about in the conversation? What are the key symptoms, and what are the underlying problems? Be specific in your answers.
|
|
Right to purchase shares of wan stock
: Amanda owns an option which gives her the right to purchase shares of WAN stock at a price of $22 a share. Currently, WAN stock is selling for $25. She would like to profit on this option but is not permitted to exercise it for another two weeks.
|
|
How would mrp help you when other methods might not
: What problems would this cause (if any), and what are some of the ways that these problems could be addressed? How would (if at all) MRP help you when other methods might not?
|