Difference between revisions of "Reshaping IT management for turbulent times"

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(Created page with "Category : literature = Author(s) - Roger Roberts, Hugo Sarrazin and Johnson Sikes = === Title - Reshaping IT management for turbulent times === === Source – Mckinsey...")
 
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'''Author:''' Roberts, R., Sarrazin, H., Sikes, Johnson
  
= Author(s) - Roger Roberts, Hugo Sarrazin and Johnson Sikes = 
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'''Title:''' Reshaping IT management for turbulent times
=== Title - Reshaping IT management for turbulent times ===
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=== Source – Mckinsey Quarterley, http://www.mckinseyquarterly.com/Reshaping_IT_management_for_turbulent_times_2707 ===
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=== Year of Publication - 2010 ===
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=== Personal Abstract ===
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<p>Although IT serves multiple roles within an organization, it has traditionally been managed in a one-dimensional way as supportive of the business.</p>
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<p>The authors propose a dual model approach to IT management, leadership and governance that combines factory-style productivity to drive better back office efficiency (Factory IT) with a more nimble, innovation-focused approach (Enabling IT) to adapt to rapid change.</p>
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'''Year of Publication:''' 2010
  
<p>Factory IT encompasses the bulk of an organization’s IT activities and is focused on applying lessons from the production floor to drive efficiency, optimize delivery and lower unit costs. There are three key components of the Factory model. Industrialized IT: traditional business-management techniques are applied to IT, flexible IT factories: building IT that’s more responsive to changing business conditions and holistic business cases: cutting complexity through improved planning.
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'''Journal:''' McKinsey Quarterly, December
As the market-facing complement to the Factory model, Enabling IT is focused on helping organizations respond more effectively to changing business needs and gain a competitive advantage by spurring innovation and growth. This emphasis on innovation requires three things: ready access to relevant information, a willingness to test and learn, and close collaboration. </p>
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<p>Enabling IT supports these activities by developing the processes and technologies to launch a new sales channel, design a tech-enabled product feature, or increase customer retention through online offerings. Survey results show that companies deploy enabling IT in three ways: Turning raw data into insight, supporting rapid experimentation and by fostering new interaction models.</p>
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'''Volume:''' '''Issue:'''
  
<p>The combination of functional productivity and business value creation will likely be a major competitive differentiator.</p>
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'''Source:''' http://www.mckinsey.com/insights/business_technology/reshaping_it_management_for_turbulent_times
  
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'''Keywords:''' [[:Category:Business|business]], [[:Category:Change|change]], [[:Category:Entrepreneurship|entrepreneurship]], [[:Category:ICT|ICT]], [[:Category:Management|management]], [[:Category:Organization|organization]], [[:Category:Qualitative|qualitative]], [[:Category:Technical innovation|technical innovation]]
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'''Abstract:''' A new model for managing IT combines factory-style productivity to keep costs down with a more nimble, innovation-focused approach to adapt to rapid change.
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[[Category:Literature]]
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[[Category:Change]]
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[[Category:Entrepreneurship]]
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[[Category:ICT]]
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[[Category:Management]]
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[[Category:Organization]]
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[[Category:Qualitative]]
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[[Category:Technical innovation]]
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<!--STUDENT CONTENT
 
=== Personal Reflection ===
 
=== Personal Reflection ===
 
I think the article gives some useful insights about how technology could support innovation. This could for example be done by supporting rapid experimentation by providing tools to define, build, test and improve new products quickly or by helping build and modify business processes and systems rapidly. Another given example of how technology can support innovation is by fostering new interaction models.
 
I think the article gives some useful insights about how technology could support innovation. This could for example be done by supporting rapid experimentation by providing tools to define, build, test and improve new products quickly or by helping build and modify business processes and systems rapidly. Another given example of how technology can support innovation is by fostering new interaction models.
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Revision as of 03:29, 11 May 2013

Author: Roberts, R., Sarrazin, H., Sikes, Johnson

Title: Reshaping IT management for turbulent times

Year of Publication: 2010

Journal: McKinsey Quarterly, December

Volume: Issue:

Source: http://www.mckinsey.com/insights/business_technology/reshaping_it_management_for_turbulent_times

Keywords: business, change, entrepreneurship, ICT, management, organization, qualitative, technical innovation

Abstract: A new model for managing IT combines factory-style productivity to keep costs down with a more nimble, innovation-focused approach to adapt to rapid change.