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CMPT 601 - Week 1.pptx
- 2. SYLLABUS Why is itimportant? Where is it? What should we do about it?
- 3. TEAM CHARTER Why isit important? Where is it? What should we do about it?
- 5. APA Why APA format?“APA” stands for the American Psychological Association. This is often the standard format used in the social sciences. It’s a consistent way for writers to document sources and avoid plagiarism. What do I need to cite? Cite anything that’s not your own (ideas of others, words of others (quotes), paraphrases of others’ ideas in your own words, statistics, graphs /charts, etc.)
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- 12. Agenda WHAT’S IT? WHYIS IT IMPORTANT FOR COMPANIES AND FUTURE MANAGERS? HOW TO SUCCESSFULLY BENEFIT FROM IT? SPECIFIC IT APPLICATIONS AND THE MODERN ORGANIZATION
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- 16. Information Technology “..tools that capture,store, process, exchange, and use information.”
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- 18. The Importance ofIT Gains in productivity Transaction costs Speed… Decision Making Forecasting / planning Collaboration
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- 20. Successfully Benefiting fromIT Identifying opportunities Smooth implementation Resource allocation Success Metrics
- 21. What are themost significant changes in the current competitive arena? How are those changes related to or enable by information technology (IT)?
- 23. Direct Competition Customer’s Bargain Power Threat ofNew Entrants Substitute Pressure Supplier's Bargain Power Market Growth and Volatility Source: Day, G.S.(1997)
- 24. Economic Blocks A setof countries which engage in international trade together, and are usually related through a free trade agreement or other association. Work relations Communication, flow of information, security, airlines, custom clearance, cheque cashing, balancing banks ledgers, etc… Privacy of the Information The Canadian Consumer Privacy Protection Act (CPPA), implemented through the broader Digital Charter Implementation Act, would aim to give consumers control over their data and promote greater transparency about how organizations use data containing personal identifiers. Environmental regulation How can we leverage technology to ensure compliance?
- 25. BRICs Brazil, Russia, India,and China - countries believed to be the future dominant suppliers of manufactured goods, services, and raw materials by 2050. World Economic Downturn Global recession, availability of knowledge, even playing field, globalization Service Economy an economy where the primary economic activity is the provision of services rather than the production of goods. The United States pretty much has a service economy because most of the growth of the U.S. economy is tied to services New Business Models RaaS, SaaS, MaaS, PaaS
- 26. Pervasive Computing Pervasive computingaims to make our lives simpler through the use of tools that allow us to manage information easily. Intuitive Interfaces An intuitive interface is one that works the way the user expects it to. In other words, we find something intuitive when we don't have to think about it. Built-in intelligence Home automation, vehicles, security, cameras, detectors Nanotechnology renewable energy capture and battery storage, water purification, food packaging, environmental sensors and remediation, as well as greener engineering and manufacturing
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- 32. Continuous Innovation Knowledge- Intensive Organizations RemoteWork Environments
- 33. Artificial Intelligence Machine Learning VirtualReality Augmented Reality Digital Twins CRM Appointment setting software Predictive maintenance Payment Processing Accounting Software Data Management Sales management Email Communications ERP Asset Management Security Physical Access control Video Surveillance IoT Financial Management Banking Blockchain NFT Ecommerce Cloud Edge Fog Backoffice management Customer Experience User Experience Automation Map Password and Login Management Autofill Tele Medicine HR Social Media Marketplace Scanners
- 35. Stage 1 –Businessas Usual The Philosophy involves business operating with the traditional familiarity of customers, processes, business models, tech and metrics, believing that this will always be the solution to digital relevance
- 36. Stage 2 –Present and Active In terms of Digital creativity and literacy, there are few experiments taking place in the business. These experiments are irregular and desperate in nature. They have no linage to any department or individual. Specific area might be improved but not overall business.
- 37. Stage 3- Formalized Atthis stage, business takes on internal experimental approach at different level of business. Business gets bolder in their action, leading to change at number of different levels.
- 38. Stage 4- Strategic ItInvolves individual groups recognizing strength in collaboration. This relates to many different areas including research, work and shared insight all of which contributes to new strategic roadmaps that put the foundation in place for digital transformation efforts, investments, and ownership.
- 39. Stage 5- Converged Itis a critical stage where a dedicated digital transformation team is created in order to drive strategy and operations based on both customer – centric goals and business – centric goals. The entire organization has shifted with its new Infrastructure where roles, knowledge, process, expertise model and system to support transformation are reinforced.
- 40. Stage 6- Innovationand Adaptive Digital transformation becomes part and parcel of business as executives understand that these changes are continuous. The new ecosystem is implemented to identify, understand and act upon technology and market trends. These systems are first tested and then implemented at scale.
- 42. Final Thought Source: Corbis,Lael Henderson IT