By Andrew Pham, Tiffany Pham, David K. Pham
No matter if you're a CEO, CFO, board member, or an IT govt, From company technique to info know-how Roadmap: a pragmatic consultant for Executives and Board contributors lays out a pragmatic, how-to method of determining company options and growing value-driven expertise roadmaps on your association. in contrast to many different books at the topic, you won't locate theories or grandiose principles right here. This ebook makes use of a number of examples, illustrations, and case reviews to teach you the way to resolve the real-world difficulties that company executives and know-how leaders face on a daily basis.
Filled with actionable recommendation you should use instantly, the authors introduce Agile and the tilt mind-set in a way that the folks on your enterprise and expertise departments can simply comprehend. excellent for executives in either the industrial and nonprofit sectors, it contains case reviews: one a few advertisement family members enterprise that thrived to turn into a multi-million-dollar corporation and the opposite a couple of nonprofit organization established in long island urban that fights opposed to baby illiteracy.
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Extra resources for From Business Strategy to Information Technology Roadmap: A Practical Guide for Executives and Board Members
2 What Is Business Strategy? How do you define a concept as abstract and undefined as “business strategy”? In simple language, a business strategy is a coordinated set of choices that positions an organization to generate superior long-term financial or social returns. 1). As you read on, you will learn how to satisfy each of these key criteria. 1 Internal Consistency As you formulate a new business strategy, the set of choices you make should tie together so that the sum of the parts is greater than the whole.
A relatively new phenomenon, the network effect occurs when more and more of a product is sold, thereby increasing the resulting network of users, which in turn increases the value of the product. In other words, with network effects, there are greater benefits for the user as the total number of the product’s users rises. Online auction site eBay is an example of an organization that successfully leveraged the network effect strategy. Though other auction sites had existed long before, eBay was able to attract its first buyers and sellers by enabling them to easily purchase or sell products on the site.
10, 58–62 . 2. Welch, J. 2005. Winning. New York: HarperBusiness, pp. 17–24. Kaplan, S. 2012. The business model innovation factory: How to stay relevant when the world is changing. Hoboken, NJ: John Wiley & Sons. 4. Duke Corporation Education. 2012. Translating strategy into action. Chicago: Dearborn Trade Publishing, p. 88. 1 Chapter Objective This chapter introduces you to the specific concept of business strategy and its formulation, discussing aspects such as value creation and competitive analysis.