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IMFORMATION
COMMUNICATION
TECHNOLOGY
The impact of the ICT revolution and
the information society
• Technology enables the personalisation of
information, products and services to individual
needs and desires
• ICTs enable people to socialise and interact with
their local community
• The Internet encourages transparency &
interactivity in the society
• The Internet introduces new services such as home-
shopping, tele-entertainment, tele-working, tele-
banking
eBusiness
Represents the entire range of business processes that
are enhanced by the emerging ICT tools
 provides electronic tools and resources for business
 may replace some of the off-line business
transactions
 can enhance the total transaction volume
 E-Business bridges the gap between consumers &
partners
 provides opportunities for disintermediation and
reintermediation
eCommerce
Electronic Commerce (eCommerce):
the secure trading of information, products and
services via computer networks and the exchange
of value on-line, as well as the support for any kind
of business transactions over a digital
infrastructure
Grow
 Customer base & market share
 Share of customer’s disposable income
 Global presence all day every day
 Efficiency in business processes
 Profit by increasing turnover & reducing cost
Protect
 Customer base & market share
 Brand name and property
 Markets, investments and ultimately business
Differentiate
 Specialise and 1-2-1 marketing
 Improve customer service/ information/ knowledge
 Time to market
5 POTENTIAL BENEFITS FROM ENTERPRISE-WIDE
INTERNET & ECOMMERCE
Manage & create change
 Enhance environment
 Organisational structure and culture
 Business process
 Enhance competitiveness
Trust
 Leverage the trust and values of brand
 Implement a secure and reliable system
 Develop trust in all your eCommerce
applications
5 POTENTIAL BENEFITS FROM ENTERPRISE-WIDE
INTERNET & ECOMMERCE
Information & communication technologies have critical
impacts on the industry structure and on organisations as
they :
 Create new industries
 Restructure existing industries
 The Internet provides a comprehensive way for interacting
 Business model of organisations need to be redesigned
IMPACT OF ICT
• Top management’s plans to attain outcomes
consistent with the organisation’s mission and
goals
• A means of establishing the organisational purpose
in terms of its long-term objectives, actions
programs and resource allocation priorities
DEFINING
STRATEGY & STRATEGIC MANAGEMENT
Generic strategies
 should be reflected not only in the final outcome
of the value-adding process, but rather throughout
all activities, functions and phases of the value
chain.
Cost leadership
 based on mass production & to cost minimisation,
e.g. EasyJet or Go offer limited service & charge
for all catering offered
4 COMPETITIVE STRATEGY & ADVANTAGE
Differentiation
 Creating different products & services that are
unique & valuable,
e.g. Mauritius as a destination or the Orient
Express
Focus
 A strategy with a narrow competitive scope
targeting specific market segments
 Business class on airlines focuses on business
passengers
4 COMPETITIVE STRATEGY & ADVANTAGE
• provide executive management with information to
support the development and implementation of
strategy
• link the organisation via technology-based systems
to its customer/consumers and/or suppliers
• produce more effective integration of the use of
information in the organisation's value adding
process
• enable the organisation to develop, produce,
market and deliver new or enhanced products or
services based on information
4 categories of strategic ICT systems
Strategic opportunities emerging through ICTs
• Gain a competitive advantage
• Improve productivity and performance
• Facilitate new ways of managing & organising
• Develop new businesses or expand horizontally
and vertically
Management & business opportunities of ICTs
• long term planning and strategy
• innovative processes
• top management commitment
• training throughout the hierarchy
PREREQUISITES FOR ACHIEVING COMPETITIVE
ADVANTAGE THROUGH ICT
Information Communication Technology.pptx

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Information Communication Technology.pptx

  • 2. The impact of the ICT revolution and the information society • Technology enables the personalisation of information, products and services to individual needs and desires • ICTs enable people to socialise and interact with their local community • The Internet encourages transparency & interactivity in the society • The Internet introduces new services such as home- shopping, tele-entertainment, tele-working, tele- banking
  • 3. eBusiness Represents the entire range of business processes that are enhanced by the emerging ICT tools  provides electronic tools and resources for business  may replace some of the off-line business transactions  can enhance the total transaction volume  E-Business bridges the gap between consumers & partners  provides opportunities for disintermediation and reintermediation
  • 4. eCommerce Electronic Commerce (eCommerce): the secure trading of information, products and services via computer networks and the exchange of value on-line, as well as the support for any kind of business transactions over a digital infrastructure
  • 5. Grow  Customer base & market share  Share of customer’s disposable income  Global presence all day every day  Efficiency in business processes  Profit by increasing turnover & reducing cost Protect  Customer base & market share  Brand name and property  Markets, investments and ultimately business Differentiate  Specialise and 1-2-1 marketing  Improve customer service/ information/ knowledge  Time to market 5 POTENTIAL BENEFITS FROM ENTERPRISE-WIDE INTERNET & ECOMMERCE
  • 6. Manage & create change  Enhance environment  Organisational structure and culture  Business process  Enhance competitiveness Trust  Leverage the trust and values of brand  Implement a secure and reliable system  Develop trust in all your eCommerce applications 5 POTENTIAL BENEFITS FROM ENTERPRISE-WIDE INTERNET & ECOMMERCE
  • 7. Information & communication technologies have critical impacts on the industry structure and on organisations as they :  Create new industries  Restructure existing industries  The Internet provides a comprehensive way for interacting  Business model of organisations need to be redesigned IMPACT OF ICT
  • 8. • Top management’s plans to attain outcomes consistent with the organisation’s mission and goals • A means of establishing the organisational purpose in terms of its long-term objectives, actions programs and resource allocation priorities DEFINING STRATEGY & STRATEGIC MANAGEMENT
  • 9. Generic strategies  should be reflected not only in the final outcome of the value-adding process, but rather throughout all activities, functions and phases of the value chain. Cost leadership  based on mass production & to cost minimisation, e.g. EasyJet or Go offer limited service & charge for all catering offered 4 COMPETITIVE STRATEGY & ADVANTAGE
  • 10. Differentiation  Creating different products & services that are unique & valuable, e.g. Mauritius as a destination or the Orient Express Focus  A strategy with a narrow competitive scope targeting specific market segments  Business class on airlines focuses on business passengers 4 COMPETITIVE STRATEGY & ADVANTAGE
  • 11. • provide executive management with information to support the development and implementation of strategy • link the organisation via technology-based systems to its customer/consumers and/or suppliers • produce more effective integration of the use of information in the organisation's value adding process • enable the organisation to develop, produce, market and deliver new or enhanced products or services based on information 4 categories of strategic ICT systems
  • 12. Strategic opportunities emerging through ICTs • Gain a competitive advantage • Improve productivity and performance • Facilitate new ways of managing & organising • Develop new businesses or expand horizontally and vertically Management & business opportunities of ICTs
  • 13. • long term planning and strategy • innovative processes • top management commitment • training throughout the hierarchy PREREQUISITES FOR ACHIEVING COMPETITIVE ADVANTAGE THROUGH ICT