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Handbook of Research on IT Applications for Strategic Competitive Advantage and Decision Making

Handbook of Research on IT Applications for Strategic Competitive Advantage and Decision Making
Author: Idemudia, Efosa Carroll
Publisher: IGI Global
Total Pages: 459
Release: 2020-06-05
Genre: Business & Economics
ISBN: 1799833534

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To date, a plethora of companies and organizations are investing vast amounts of money on the latest technologies. Information technology can be used to improve market share, profits, sales, competitive advantage, and customer/employee satisfaction. Unfortunately, the individuals meant to use these technologies are not well equipped on how to effectively and efficiently use these tools for competitive advantage and decision making. The Handbook of Research on IT Applications for Strategic Competitive Advantage and Decision Making is a collection of innovative research relevant to the methodologies, theoretical frameworks, and latest empirical research findings in information technology applications, strategic competitive advantage, and decision making. While highlighting topics including agility, knowledge management, and business intelligence, this book is ideally designed for information technology professionals, academics, researchers, managers, executives, and government officials interested in using information technology for strategic competitive advantage and better decision making.


Strategic Planning Decisions in the High Tech Industry

Strategic Planning Decisions in the High Tech Industry
Author: Dilek Cetindamar
Publisher: Springer Science & Business Media
Total Pages: 261
Release: 2013-02-05
Genre: Technology & Engineering
ISBN: 1447148878

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The scale and complexity of research and practices of open innovation mandate a correspondingly sophisticated form of decision making. Strategic Planning Decisions brings together a number of tools that ease the decision process in technology companies, providing both conceptual frameworks and practical applications. Innovative approaches are presented such as an ontology-based model where all the relevant aspects of a potential technology are interrelated to provide a comprehensive and logically connected data pool for decision makers. Divided into two sections, Strategic Planning Decisions describe both strategic approaches using the decision tools, and tactical approaches. Some of these tools are expanded while some others are embedded in a model that will lay the ground for practical application. These include: bibliometric analysis, ontology, roadmapping, lead user, six sigma, and multi-actor & multi-objective decision making methods Recent research and relevant theory are balanced with up–to–date practical applications and hands–on techniques making Strategic Planning Decisions ideal for engineers who wish to keep up–to–date with current ideas in the field of TM. It also provides workable methods for practising managers from all levels who wish to apply a more rigorous approach in their work and consultants concerned with technology assessment and its management.


INFORMATION TECHNOLOGY: STRATEGIC DECISION MAKING FOR MANAGERS

INFORMATION TECHNOLOGY: STRATEGIC DECISION MAKING FOR MANAGERS
Author: Henry C. Lucas
Publisher: John Wiley & Sons
Total Pages: 464
Release: 2008-07
Genre:
ISBN: 9788126517596

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Market_Desc: · IT Departments· Managers· MBA and IS Students Special Features: · Arms readers with the information needed to make sound management decisions.· Examines the economic impact of information systems.· Presents unique coverage of strategy, organizational, and management issues that can be applied at work.· Provides a Web site with new and expanded case studies.· Written by a prominent researcher and author. About The Book: Managers must be able to keep pace with the latest technological advances and make decisions on what needs to be implemented. This book gives them the tools to effectively manage technology in a 21st Century organization. The author clearly demonstrates how to best allocate resources to and within the technology function. He also includes a framework for determining IT strategy given the dynamic environment of electronic commerce and the Internet. Throughout the chapters, emphasis is placed on strategy and management issues to show the relevance of information technology.


Real Options and Strategic Technology Venturing

Real Options and Strategic Technology Venturing
Author: Caroline M. Sipp
Publisher: Springer Science & Business Media
Total Pages: 136
Release: 2012-11-19
Genre: Business & Economics
ISBN: 1461458145

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This book seeks to answer “why, when and how are real options used in strategic technology venturing?” This work tests for the role of real options in decision making involving three types of firms in decreasing order of technology-dependence – technology-driven (TD) (where the profit is fully dependent on new technology creation and leveraging), technology-based (TB) (where the profit is enabled and supported by technology) and technology-neutral (TN) (where the profit is almost independent of technology). It also deals with strategic and non-strategic types of decisions driven by real options. This analysis shows that an environment presenting co-opetitive (simultaneous competition and collaboration) conditions triggers the use of real options (why), that serve to transform the position, posture and propensity of businesses to innovate and thus they co-evolve (when) into more effective and efficient forms of businesses (co-specialization) (how). The authors demonstrate that embracing risk and uncertainty can increase levels and probability of new venture formation. However, their simulation also shows that it should be adapted to the risk profile of the firm and that timing is also a factor to be considered. Although engaging the concepts of real options, this analysis does not focus on a specific investment valuation methodology, but highlights the relationship between knowledge and risk and rather addresses the management of mindsets, as moving towards a systematic conceptualization of real options represents a different paradigm in decision making.


Decision Intelligence Analytics and the Implementation of Strategic Business Management

Decision Intelligence Analytics and the Implementation of Strategic Business Management
Author: P. Mary Jeyanthi
Publisher: Springer Nature
Total Pages: 236
Release: 2022-01-01
Genre: Technology & Engineering
ISBN: 3030827631

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This book presents a framework for developing an analytics strategy that includes a range of activities, from problem definition and data collection to data warehousing, analysis, and decision making. The authors examine best practices in team analytics strategies such as player evaluation, game strategy, and training and performance. They also explore the way in which organizations can use analytics to drive additional revenue and operate more efficiently. The authors provide keys to building and organizing a decision intelligence analytics that delivers insights into all parts of an organization. The book examines the criteria and tools for evaluating and selecting decision intelligence analytics technologies and the applicability of strategies for fostering a culture that prioritizes data-driven decision making. Each chapter is carefully segmented to enable the reader to gain knowledge in business intelligence, decision making and artificial intelligence in a strategic management context.


Business Ethics and Strategy, Volumes I and II

Business Ethics and Strategy, Volumes I and II
Author: Alan E. Singer
Publisher: Routledge
Total Pages: 700
Release: 2018-10-26
Genre: Business & Economics
ISBN: 1351954040

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This volume is intended as a reference for those interested in the relationship between business strategy and business ethics, broadly conceived. Several articles have been selected from various leading journals in management, strategy and ethics. An introductory chapter provides an overview of the articles but it also relates them systematically to a fundamental dualism involving values, ethics and politics, all viewed from the perspective of business and business studies.


Social Decision Methodology for Technological Projects

Social Decision Methodology for Technological Projects
Author: C.A. Vlek
Publisher: Springer Science & Business Media
Total Pages: 339
Release: 2012-12-06
Genre: Technology & Engineering
ISBN: 9400924259

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This book grew out of the conviction that the preparation and management of large-scale technological projects can be substantially improved. We have witnessed the often unhappy course of societal and political decision making concerning projects such as hazardous chemical installations, novel types of electric power plant or storage sites for solid wastes. This has led us to believe that probabilistic risk analysis, technical reliability analysis and environm,ental impact analysis are necessary but insufficient for making acceptable, and justifiable, social decisions about such projects. There is more to socio-technical decision making than applying acceptance rules based on neglige ably low accident probabilities or on maximum credible accidents. Consideration must also be given to psychological, social and political issues and methods of decision making. Our conviction initially gave rise to an international experts' workshop titled 'Social decision methodology for technological projects' (SDMTP) and held in May 1986 at the University of Groningen, the Netherlands, at a time when Cvetkovich spent a sabbatical there. The work shop - aimed at surveying the issues and listing the methods to address them - was the first part of an effort whose second part was directed at the production of this volume. Plans called for the book to deal systematically with the main problems of socio-technical decision making; it was to list a number of useful approaches and methods; and it was to present a number of integrative conclusions and recommendations for both policy makers and methodologists.


Strategic Management of Technology

Strategic Management of Technology
Author: Kari Hakkarainen
Publisher: University of Vaasa
Total Pages: 181
Release: 2006
Genre: Creative destruction
ISBN: 9524761475

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