Creating value with IT - Creating value
13 important questions on Creating value with IT - Creating value
What is the structure of an IT business value model?
- the focal firm, which is the firm in charge of the organization that invests in and deploys IT resources
- the competitive environment: environment where the company operates
- the macro environment: country, continent, etc
How is the focal firm layer setup?
Which include
- IT resources
- Complementary organizational resources
- Competitive environment domain
- Macro environment domain
How does the focal firm add value
- with IT, greater efficiency
- Human IT skills complementary yet necessary
Through complementarity between IT and organizational resources
- rarity, magnitude all have an effect on the competitive advantage
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
For my 1st exam I got a C. Then, I started looking for ways to learn better and I came across Study Smart. Since then I have scored a A+, A, A- and another A. I highly recommend it to everyone who wants to hear it. I am so happy with it!!
I was struggling to finish all my first-year subjects for 3 years. Then I discovered Study Smart, which helped me to finish all of them within 3 months.
Because of StudySmart, things are going well in many ways. Before, I always had study stress and no time for anything. Now I feel calm and confident (because of the program). I used to score a B, now I usually score an A or A+.
Hey Chris, I really want to thank you very much for developing the platform, I usually got around C for my exams, now I scored an A+, an A and a A- !!
Since using Study Smart, my average has increased significantly. I even completed a statistics course with a A+ while I'm bad at statistics. I took on extra courses this year, because of Study Smart. Thanks so much!
Ever since I started studying with StudySmart I passed all my exams !!! No more re-sits!! At first, I was happy with a pass and now I only get good grades. Many thanks!
I aced all the courses I studied with Study Smart. For law, I first scored a D, and now an A! I’m 100% sure that I’ll pass all the courses I study with Study Smart.
I always thought I studied well. My grades were fine. I could never have imagined that applying these study skills would have such a huge and direct impact on my grades, my speed and the pleasure I have in learning.
For the first time, I finally feel totally confident about the way I learn. I have the perfect overview and make great progress in terms of speed and the grades I get. Thanks, Chris!
I immediately started to enjoy learning again, and my grades soared. All of a sudden, everything went better. I highly recommend Study Smart to all students..
Being able to create my materials online made the process of studying so much smoother and quicker. I no longer have to spend a huge amount of my time on creating my summaries.
At first, my notes were a mess. Now I use Study Smart to take my notes in a perfectly structured way. It helps me to save a lot of time and do other things I enjoy.
Students that study with Study Smart get better grades. The system applies all the learning methods in such a way that both well-performing students and students who struggle perform much better.
Hi Chris, I would like to thank you very much. Last year I scored C on a course, and this year I got an A+ thanks to your method! Thank you very much!
The largest effect is that my child is more enthusiastic about school! Every parent wants their children to be happy at school, Study Smart made it happen.
In high school, I failed several exams, and that has really changed now. I actually needed this tool very much back then. Since I started studying with StudySmart, I haven't had any D's. My average score is now an A and those are results I would have never had in the past
With my old method, I passed only 3 out of 8 courses. Since I started taking my notes digitally in Study Smart, I have passed all my courses on the first try. For me, StudySmart takes away the stress of wondering if I will pass or not.
Thanks to StudySmart, I passed all my exams, and with better grades than before! On top of that, I have mastered a very good study method now, which I am confident will help me earn my degree.
How is the competitive environment layer set up?
Include competitiveness, technological change, and other factors which shape how IT is applied within the local firm.
2. Trading partners resources and BP
In supply chains, finetuning communication between companies
3. Macro environment domain/layer
Country and metacountry specific factors that shape IT application for imporvement of organizational performance. Like regulations
How does the competitive environment affect the IT business value
- which moderate the ability of firms to apply IT, difference between online shopping and bakeries
- the greater the competition, the greater the efficiency gains through IT
- the greater the competition, the smaller the ability to capture benefits or gains through IT
Through linking with trading parnets
- The communication, through IT, impact performance
- The greatr focal firm power relative to its trade partners, the greater its share of new value from deployment of the systems
How is the macro environment layer set up? And how does it influence value
Telecommunications infrastructure moderate the economic value of an interorganizational information sstem.
What is the key wisdom from the IT business value model?
- the right IT must be applied
- appropriate complementary investments must be done in the workplace and organisatioanl structure
- the competitive and macro environment must be taken into account
What is the expectancy value theory?
And the theory of reasoned action?
Explains the determinants of consciously intended behaviour
- attitude = beliefs about the consequences
- subjective norm = the influence that others will have on the acceptance decision
What are the key variables of the TAM?
- defined from perspective of the user
- the degree to which a user thinks this will add in job performance
- influences both A and BI
Perceived Ease of Use (PEOU)
What are the limitations of TAM?
- Frequent use of students for experimental research, how representative??
- Model developed to understand voluntary usage: cant be used for predictions of non-voluntary usage
What is UTAUT and its key variables?
- Performance Expectancy (PU)
- Effort Expectancy (PEOU)
- Social Influence (SN) = the degree to which someone believes that important others believe in it
- Facilitating conditions: the belief in the support systems
VS
- Gender
- Age
- Experience
- Voluntariness of use
Which all affect:
- Behavioral intention
- Use of behavior
What is the DeLone & McLean IS Success Model
1. System quality
Way of measuring: Perceived Ease of Use (TAM)
2. Information quality
Desirable quality of he output of the IS and its usefulness
3. Service quality
The quality of the support the user receives of IT
4. Intention to Use / Use
Degree and manner in which a system is utilized by its users
5. User satisfaction
Especially useful when the use is mandatory, yet may overlap with information quality and system quality
6. Net benefits
Subsumes organisational impact and individual impact.
What are the lessons for IS development?
Pay attention to determinants of IS success
Consider ALL stakeholders
Ensure complementarity of TIR + HIR + Organisational resources
Consider: Competitive + Macro environment
Try our study magic for free
a PDF, study it super fast
- No sign up, email or credit card needed!
- AI makes unlimited flashcards
- Get unlimited quizzes and tests
- Ask AI anything
- No sign up, email or credit card needed!
- Have and keep perfect overview
- Make flashcards, notes and mind maps
- Review, test and score!
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
