Solutions For IT Strategy & Innovation 5th
Edition James D. McKeen
What is the best way for organizations to identify and evaluate business and
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technical opportunities where IT can add value? - ANS-Set up joint business-IT
mechanisms
What do IT managers need the most to deliver fully on an IT project's value
proposition? - ANS-Commitment from the business
What is the portfolio approach to project selection? - ANS-Project evaluation
based on different criteria
One of the most important distinguishing factors between companies that get high
business value from their IT investment and those that don't is that: - ANS-senior
managers in high-performing companies take a leadership role in IT decisionmaking
What is the best way to develop new capabilities? - ANS-Co-evolve business and
IT strategies
Most formal IT plans could not support enterprise strategy because they were too
focused on: - ANS-Tactical issues
Improving communication between the creators and users of the data, and
developing data quality metrics to monitor improvements is an example of
improving _________________. - ANS-Data quality
Specific practices that need to be put in place in order for a strategy to be
successful are known as _________________. - ANS-Operations
A company's data ecosystem consists of both _________ & _________. - ANS-Data,
Activities utilizing data
____________ specifically describes the roles and responsibilities associated with
data management and distinguishes between business and technical
responsibilities. - ANS-Stewardship
Traditionally, organizations measured the value of IT by: - ANS-Ability to process
more transactions per person
Value realization typically happens: - ANS-After technology implementation
One of the key reasons why organizations fail to recognize the value of IT is due to
lack of a well-articulated: - ANS-Value proposition
__________ can ensure that business and IT strategies work well together: - ANSStrategic alignment
______________ need to take responsibility and leadership in technology
investment and implementation. - ANS-Business executives
The use of information-processing capabilities to drive down transaction costs to
near zero, threatening traditional value propositions and shaving profit margins is an
example of? - ANS-Competing on efficiencies
Identify the two main challenges with respect to fitting a data strategy in an
organization? - ANS-Organizational structure, Data ecosystem
Email, reports, documents, social media posts are examples of _______________
data. - ANS-Unstructured
A company that wants to improve its ___________ works on ensuring that data
consistently means the same thing everywhere in the organization. - ANS-Data
integrity
_______________ can provide the necessary direction to both IT and business
regarding data strategy and its implementation. - ANS-Data governance councils
Which factors are changing the competitive landscape, undermining established
business models, and putting pressure on business and IT alike to change rapidly? -
ANS-lower costs and faster delivery
new dynamics and lower barriers to entry
TRUE/FALSE: Digital strategy is different from traditional business and IT strategy. -
ANS-True
Unlike traditional strategy that seeks certainty about what to do, digital strategy
stresses innovation, experimentation, and ___________. - ANS-Exploration
_________ is usually the function in IT that is charged with assessing emerging
technologies and providing the infrastructure that will support experiments. - ANSArchitecture
One unanticipated side-effect of the implementation of a successful digital strategy
is: - ANS-Positive cultural shift for employees
Through _________, companies can access the servers, storage, and networking
functionality they need on an as-needed basis. - ANS-Infrastructure-as-a-service
(IaaS)
One of the worst ways to implement any type of cloud computing is: - ANS-to send
a process or a service that is an internal mess to the cloud.
Running employee benefits management, procurement, business travel, and
industry-specific processes in the cloud is an example of _______. - ANS-Businessprocess-as-a-service (BaaS)
Which of the following is NOT an external risk of cloud computing? - ANS-Lack of
readiness
These cloud computing services allow customers to develop, run, and manage
Web applications without the complexity of building and maintaining the
infrastructure typically associated with them. - ANS-Platform-as-a-service (PaaS [Show Less]