Performing Strategic System Analysis
Quote from Ndubuisi Ekekwe on December 13, 2017, 11:24 AMIn a mini-workshop, performing strategic system analysis (SSA) for a company. My client is Africa-facing, and we have to break the African business landscape to architect a roadmap.
Finalizing a strategic system analysis is one of the initial phases firms should take to decide how they can use technology/new business models to improve a competitive advantage. Ask yourself these questions about your organization as you develop that:
1. What is the industry structure in which your organization is located?
o What are some of the economic forces at work in the industry: Are there newcomers to the industry? What is the relative power of dealers, customers, and additional products and services over rates?
o Is the basis of competition quality, rate, or product?
o What are the nature and direction of change within the industry? From where are the force and change approaching?
o How is the industry presently using information technology? Is the organization behind or ahead of the market in its application of information systems?
2. What are the business value chains for your organization?
o How is the organization generating customer value considering transaction costs, rates or quality? Are there areas in the value chain where the business can generate more customer value, and extra profit for the organization?
o Does the organization understand and handle its business procedures using the best practices available? Is it taking maximum benefit of enterprise systems, customer relationship management, and supply chain management?
o Does the organization leverage its main competencies?
Always remember that technology is nothing but a tool. Just like a pen can "get" one student A in any exam, a similar one can "get" F for another student. You must make that tool deliver value, correlating it to the corporate goals. The best technology is the most optimal technology. The best tech is not necessarily the most advanced, because at the end, we need to examine the cost-to-income ratio on our utilization of assets and the efficiency in growing revenue.
Using $2000 laptop for a job a $300 can do well is bad. When tech runs and transforms a firm, the financials will never be the same. Good numbers make managers great presenters, I like to smile besides my clients when they present, because we know how to make good presentations.
In a mini-workshop, performing strategic system analysis (SSA) for a company. My client is Africa-facing, and we have to break the African business landscape to architect a roadmap.
Finalizing a strategic system analysis is one of the initial phases firms should take to decide how they can use technology/new business models to improve a competitive advantage. Ask yourself these questions about your organization as you develop that:
1. What is the industry structure in which your organization is located?
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o What are some of the economic forces at work in the industry: Are there newcomers to the industry? What is the relative power of dealers, customers, and additional products and services over rates?
o Is the basis of competition quality, rate, or product?
o What are the nature and direction of change within the industry? From where are the force and change approaching?
o How is the industry presently using information technology? Is the organization behind or ahead of the market in its application of information systems?
2. What are the business value chains for your organization?
o How is the organization generating customer value considering transaction costs, rates or quality? Are there areas in the value chain where the business can generate more customer value, and extra profit for the organization?
o Does the organization understand and handle its business procedures using the best practices available? Is it taking maximum benefit of enterprise systems, customer relationship management, and supply chain management?
o Does the organization leverage its main competencies?
Always remember that technology is nothing but a tool. Just like a pen can "get" one student A in any exam, a similar one can "get" F for another student. You must make that tool deliver value, correlating it to the corporate goals. The best technology is the most optimal technology. The best tech is not necessarily the most advanced, because at the end, we need to examine the cost-to-income ratio on our utilization of assets and the efficiency in growing revenue.
Using $2000 laptop for a job a $300 can do well is bad. When tech runs and transforms a firm, the financials will never be the same. Good numbers make managers great presenters, I like to smile besides my clients when they present, because we know how to make good presentations.
Quote from Guest on December 13, 2017, 1:35 PMThis is WOW!! Thanks Prof.
This is WOW!! Thanks Prof.
Quote from Ndubuisi Ekekwe on December 13, 2017, 2:44 PMAwesome - go for it. Good luck.
Awesome - go for it. Good luck.
Quote from Guest on December 14, 2017, 2:01 AMAbsolutely great! Strategic System Analysis as presented here makes huge sense. Well done Ndubuisi!
Uche Ahaiwe
Absolutely great! Strategic System Analysis as presented here makes huge sense. Well done Ndubuisi!
Uche Ahaiwe
Quote from Guest on December 14, 2017, 2:17 AMThank you so much . You have always bless me with your post
Thank you so much . You have always bless me with your post
Quote from Guest on December 14, 2017, 2:27 AMPlease sir can i ask a question that is not based on your post ?
Please sir can i ask a question that is not based on your post ?
Quote from Ndubuisi Ekekwe on December 14, 2017, 6:01 AMOpen a new thread on the Forum and ask it.
Open a new thread on the Forum and ask it.