100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Summary Information systems strategy and management $4.85   Add to cart

Summary

Summary Information systems strategy and management

 72 views  7 purchases
  • Course
  • Institution

This document is a summary of the course ISSM given in the first year of the master International Business at the VUB. It contains all the lessons seen.

Preview 4 out of 66  pages

  • June 2, 2022
  • 66
  • 2021/2022
  • Summary
avatar-seller
INFORMATION SYSTEMS
STRATEGY AND
MANAGEMENT
2021 – 2022




Sarah P
Vrije Universiteit Brussel

, 1st Master International Business


Information Systems Strategy and Management
ISSM & The role of IS/IT




Definitions
A system is ‘a set of inter-related components that work together in a particular environment to
perform whatever functions are required to achieve the system’s objective’.
– Donella Meadows

An information system is ‘a system that gets the right information to the right person in the right
place at the right time’.
– Keith Gordon — Modelling Business Information, BCS


Information (and Communication) Technologies
I(C)T refers specifically to technology, essentially hardware, software and telecommunications
networks, including devices of all kinds: computers, sensors, cables, satellites, servers, routers, PCs,
phones, tablets; and all types of software: operating systems, data management, enterprise and
social applications and personal productivity tools.
IT facilitates the acquisition and collection, processing, storing, delivery, sharing and presentation of
information and other digital content, such as video and voice


Information Systems Information systems
(IS) are the means by which people and organizations, increasingly utilizing technology, gather,
process, store, use and disseminate information.
The domain of interest for IS researchers includes the study of theories and practices related to the
social and technological phenomena which determine the development, use and effects of
information systems in organizations and society.
It is thus concerned with the purposeful utilization of information technology, not the technology per
se. IS are part of the wider domain of human language, cognition, behaviour and communication.




Page | 1

, 1st Master International Business


The changing role of IS/IT
Michael Porter’s Value chain




Process classification framework




“Information technology and business are becoming inextricably interwoven. I don’t think anybody
can talk meaningfully about the one without talking about the other.”




Page | 2

, 1st Master International Business


Some definitions of “tech company”
• “A company that sells technology” — e.g. Samsung
• “A company that is driven by technology” — e.g. Google
• “A company with technology as its main differentiator” — e.g. Netflix (initially)
• “A company that wouldn’t exist if it weren’t for its technology” — e.g. Uber
→ Today, almost every company is a tech company to some extent.


The changing of the role of IS/IT

Support the business Enable the business Be the business
physical retailer E-commerce Platform
• Support processes • Enable online • Purely digital
• core processes • Support offline • Business


ASCO after a cyber-attack
• Asco builds airplane parts.
• Admin systems down, but also computer controlled production machines.
• Weeks of downtime for 1500 employees.
• Cost / Loss of millions of Euros.
• About 6 months needed to become fully operational again.


“We switched over to pen, paper, WhatsApp and Gmail.”


“Tech giants are taking over as they are mastering traditional business more quickly than the world's
established companies are mastering software delivery.”
— Mik Kersten, ‘Project to product’, 2018


Business strategy & IS/IT strategy
Strategic alignment model
Strategy execution

• Driver: Business Strategy
• Role of Top Management: Strategy
Formulator
• Role of IS/IT Management: Strategy
Implementor
• Performance Criteria: Cost/Service Center




Page | 3

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller sarahh00. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $4.85. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$4.85  7x  sold
  • (0)
  Add to cart