Uploaded byRadiant Minds
Ism 3
The document discusses strategic management and information strategy. It outlines the strategic management lifecycle which includes strategic analysis, planning, formulation of functional strategies, implementation, and reaching a strategic edge. It then discusses defining an information strategy and analyzing customers, competitors, markets, and internal performance and determinants. Common information strategy problems and reasons for having an information strategy are provided. Finally, it discusses information technology budget spending.
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Ism 3
- 1. Information Strategy &Management Shri Deshpande
- 2. Strategic Management LifeCycle • Strategic Analysis • Strategic Planning • Formulation of functional strategy • Strategy Implementation and Control • Reaching Strategic Edge – Business Process Re-engineering – Total Quality Management – Six Sigma http://www.radiantminds.co.in
- 3. Business Strategic Management Information Strategy Marketing Business Research & Strategy Development HR M&A http://www.radiantminds.co.in
- 4. Strategic Analysis -External • Customer Analysis – Segment, Motivations, Unmet Needs • Competitors Analysis – Performance, Strengths, Cost Analysis….. • Market Analysis – Size, Growth, Profitability, Barriers, Weaknesses • Environmental Analysis – Tech, Govt. Policies, Economy, Culture, …… http://www.radiantminds.co.in
- 5. Strategic Analysis -Internal • Performance Analysis – Sales, Profit, Stakeholders, Customer Satisfaction – Product quality, Brand Association – Relative Costs, New products – Employee Capability and Performance • Determinates Analysis – Past and Current strategic impact – Org. capabilities and constraints – Financial resources and constraints http://www.radiantminds.co.in
- 6. Information Strategy Definition • It is organization's unified blueprint for Capturing, Integrating, Processing, Delivery and Presentation of information in a Clean, Consistent & timely manner. • All information in an organization should meet certain standards of quality http://www.radiantminds.co.in
- 7. Common problems faced Your Thoughts http://www.radiantminds.co.in
- 8. Why IS ? • New technologies are rapidly coming • Lack of integration between systems • Systems are not scalable (huge data) • Not designed to handle low latency • Systems are developed in Silos • Overlapping systems due to M& A • Lack of consistent exp. To customer • No single sing-on http://www.radiantminds.co.in
- 9. Why IS ? • Legacy systems are still running • Various systems developed on various tech. • Lack of personalized business Intelligence • Data piracy http://www.radiantminds.co.in
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- 12. Budget Spending • Upgrading IT infrastructure • Upgrading desktops and laptops • Developing/implementing new systems • Upgrading/improving existing systems • Increasing number of IT staff members • Improving skills of our IT staff http://www.radiantminds.co.in
- 13. Budget Spending • Outsourcing more IT functions • Bringing outsourced IT functions back in-house • Cutting number of IT consultants and temps • Increasing IT security • Improving our disaster recovery capabilities • Improving regulatory compliance • Improving IT service level http://www.radiantminds.co.in
- 14. Budget Spending • Reducing number of technologies we support • Reducing cost of ongoing IT maintenance and support • Moving applications to cloud • Use of Mobile technology • Use of Web 2.0 / Web 3.0 ?? http://www.radiantminds.co.in
- 15. Next ?? Information Strategy Plan http://www.radiantminds.co.in