CHAPTER 2: Identifying Competitive Advantages
All organization should create a competitive advantage in order to survive and trive an organization.
the advantage can be seen in two ways, that is:
~Competitive advantage: a product or service that an organization's customers place a greater value on than similar offerings from a competitor.
~First-mover advantage: occurs when an organization can significantly impact its market share by being first to market with a competitive advantage.
An organization watch their competition through Environmental Scanning.
what does it work??..it is such acquisition and analysis of the events and trends in the environment external to an organization. =)
There are three(3) common tools used in industry to analyze and develop competitive advantages include:
*Porter's Five Forces Model
*Porter's three generic strategies
*Value chains
Porter's Five Forces Model determines the relative attractiveness of an industry.
Saturday, 30 June 2012
Friday, 29 June 2012
MGT 300
hmm..subjek yg boleh kukirakan sbg subjek yg lain drpd yg lain..spnjg 5 sem aku blajar akhirnya aku nmpk btapa pentingnya ada Blog utk student mcm aku nih, sbb ni lah satu2nya peluang utk tambah markah kann..... !! hehhheh.
IT?! Blog?!..klaw ikutkan hati xnak ambil tahu bnde2 mcm nie..tapi kali nih,aku terpaksa ikutkn rasa..bukan nk m'binasakan diri,tapi nk bagi aku rasa sendiri cara belajar yg berfaedah..(memang suka pon jadi budak skema2 nih) hehhee.
. . . . .dah2,bkn nk bercerita psl 2 sbnrnya.. ! actually, i wanna share with u some input that i ve learn from Miss Salina's class..it's all bout technology, as what i ve learn in chapter one,i thought it's more better for me to share with u cuz it's ll give me more understanding bout business driven technology actually..
. . .yaa ! anyway,I HAVE TO love this kind of subject !
BISMILLAHIRRAHMANIRRAHIM...
Firstly,in this chapter you should be able to comparing management information systems(MIS) and information technology(IT).There is totally have different meaning.
Management Information System is a general name for the business function and academic discipline covering the application of people,technologies, and procedures,so that's why it collectively called information systems in order to solve the business.
MIS is a business function and it is similar to Accounting, Finance, Operations, and Human Resources.
Information Technology means a field concerned with the used of technology in managing and processing information.
IT is an important enabler of business success and innovation.
That's all is the information technology basics that you should to know..
When beginning to learn about information technology, it is important to understand the following:
*Data, information, and business intelligence
*IT resources
*IT cultures
What do you think about DATA??
Its such a raw fact that describe the characteristic of an event.
Then,what about INFORMATION meaning for us??
That is a DATA converted into a meaningful and useful context.
Business Intelligence?
It is an applications and technologies that are used to gather, provide access to, and analyze DATA and INFORMATION to support decision-making efforts.
IT resources..
~people
~information technology to work with
~information
IT cultures..
It is classified in four organizational information cultures such:
*Information-Functional Culture
Employees used information as a means of exercising influence or power over other.
*Information-Sharing Culture
Employees across departments trust each other to use information, especially about problems and failures to improve performance.
*Information-Inquiring Culture
Employees across department search for information to better understand the future and align themselves with current trends and new direction.
*Information-Discovery Culture
Employees across departments are open to new insights crisis and radical changes and it will solve by creating competitive advantages.
What is the IT's impact on Business operation??
~Business functions receiving the greatest benefits from IT such in order below:
70% customer service
51% finance
42% sales and marketing
39% IT operation
17% HR
17% security
~Information Technology project goals:
81% reduce cost/improve productivity
71% improve customer satisfaction/loyalty
66% create competitive advantage
54% generate growth
37% streamline supply chain
16% global expansion
~Common Department in an organization:
*Accounting,marketing,operation management,human resources, production management,finance,sales and management information system.
Organizations typically operate by functional areas or functional silos.
Functional areas are interdependent.
Thats all for chapter one..later on we will proceed to another topics in chapter 2 in another day!! =)
hmm..subjek yg boleh kukirakan sbg subjek yg lain drpd yg lain..spnjg 5 sem aku blajar akhirnya aku nmpk btapa pentingnya ada Blog utk student mcm aku nih, sbb ni lah satu2nya peluang utk tambah markah kann..... !! hehhheh.
IT?! Blog?!..klaw ikutkan hati xnak ambil tahu bnde2 mcm nie..tapi kali nih,aku terpaksa ikutkn rasa..bukan nk m'binasakan diri,tapi nk bagi aku rasa sendiri cara belajar yg berfaedah..(memang suka pon jadi budak skema2 nih) hehhee.
. . . . .dah2,bkn nk bercerita psl 2 sbnrnya.. ! actually, i wanna share with u some input that i ve learn from Miss Salina's class..it's all bout technology, as what i ve learn in chapter one,i thought it's more better for me to share with u cuz it's ll give me more understanding bout business driven technology actually..
. . .yaa ! anyway,I HAVE TO love this kind of subject !
BISMILLAHIRRAHMANIRRAHIM...
Firstly,in this chapter you should be able to comparing management information systems(MIS) and information technology(IT).There is totally have different meaning.
Management Information System is a general name for the business function and academic discipline covering the application of people,technologies, and procedures,so that's why it collectively called information systems in order to solve the business.
MIS is a business function and it is similar to Accounting, Finance, Operations, and Human Resources.
Information Technology means a field concerned with the used of technology in managing and processing information.
IT is an important enabler of business success and innovation.
That's all is the information technology basics that you should to know..
When beginning to learn about information technology, it is important to understand the following:
*Data, information, and business intelligence
*IT resources
*IT cultures
What do you think about DATA??
Its such a raw fact that describe the characteristic of an event.
Then,what about INFORMATION meaning for us??
That is a DATA converted into a meaningful and useful context.
Business Intelligence?
It is an applications and technologies that are used to gather, provide access to, and analyze DATA and INFORMATION to support decision-making efforts.
IT resources..
~people
~information technology to work with
~information
IT cultures..
It is classified in four organizational information cultures such:
*Information-Functional Culture
Employees used information as a means of exercising influence or power over other.
*Information-Sharing Culture
Employees across departments trust each other to use information, especially about problems and failures to improve performance.
*Information-Inquiring Culture
Employees across department search for information to better understand the future and align themselves with current trends and new direction.
*Information-Discovery Culture
Employees across departments are open to new insights crisis and radical changes and it will solve by creating competitive advantages.
What is the IT's impact on Business operation??
~Business functions receiving the greatest benefits from IT such in order below:
70% customer service
51% finance
42% sales and marketing
39% IT operation
17% HR
17% security
~Information Technology project goals:
81% reduce cost/improve productivity
71% improve customer satisfaction/loyalty
66% create competitive advantage
54% generate growth
37% streamline supply chain
16% global expansion
~Common Department in an organization:
*Accounting,marketing,operation management,human resources, production management,finance,sales and management information system.
Organizations typically operate by functional areas or functional silos.
Functional areas are interdependent.
Thats all for chapter one..later on we will proceed to another topics in chapter 2 in another day!! =)
Saturday, 23 June 2012
whoaa !! ade WIFI. . .!!
krikk2 !!......
...hehehe hmm,mcm ni laa tiap2 hari..smenjak duk umah sewa makin sakan naa...
haduii...sakit poket aq fikir mcm2 yg nk kna bli buat sara diri bergelar NR student..tapiiii xpe,bnyk budget yg nk kne kluarkan just for first starting stay here in part 5 & 6 ONLY !!
Elehhhhhh...boleh survive ke???before duduk umah sewa bukan main lagi serabut psal duit..haa,,skrg nie amik kau ! dah duk umah sewa pun apa kurangnye ngan sblum ni..huhuhu..
tapi ok la jgk kan2??..boleh jgk jimat sikit2..nak makan masak di rumah je,xyah nk abiskn duit makan diluar..
masak simple2 pun dh kenyang smpai ke ptg..tapiiiiiiiii,xsmpai hati la nk ckp...ksian kami smua klaw dfikir2kan blk...menu utama kami srumah tahu x ape dia???
~nasi berlaukkan TELUR goreng !
~nasi berlaukkan TELUR masak kicap !
...lagiii???!.....hmm,ape lg...kentang,telur,kentang,telur,kentang,telur laaa.....
arghh...lantak laa,xyah nk ngade2 lebih plak..prut kami ape kisah klaw kentang,telur,kentang,telur je tiap2 hari??!..
janji kenyangggggg, then,jimattt...simple2 sudahhh...
aduhh !!...sakit plak perut aq nih, geramm laa ! mkn nasik ngan lauk kentang td pnye psal nih..hm, xpe lah ye,hr nie just wanna story bout my simple food 4 uolllss only,bcoz of what??..dh ksian sgt kat diri ni haa,xtahu nk luah kat mne hihi, btw we will continue again 4 de new story okay !! bye2 ;-p
...hehehe hmm,mcm ni laa tiap2 hari..smenjak duk umah sewa makin sakan naa...
haduii...sakit poket aq fikir mcm2 yg nk kna bli buat sara diri bergelar NR student..tapiiii xpe,bnyk budget yg nk kne kluarkan just for first starting stay here in part 5 & 6 ONLY !!
Elehhhhhh...boleh survive ke???before duduk umah sewa bukan main lagi serabut psal duit..haa,,skrg nie amik kau ! dah duk umah sewa pun apa kurangnye ngan sblum ni..huhuhu..
tapi ok la jgk kan2??..boleh jgk jimat sikit2..nak makan masak di rumah je,xyah nk abiskn duit makan diluar..
masak simple2 pun dh kenyang smpai ke ptg..tapiiiiiiiii,xsmpai hati la nk ckp...ksian kami smua klaw dfikir2kan blk...menu utama kami srumah tahu x ape dia???
~nasi berlaukkan TELUR goreng !
~nasi berlaukkan KENTANG goreng masak kicap !
...lagiii???!.....hmm,ape lg...kentang,telur,kentang,telur,kentang,telur laaa.....
arghh...lantak laa,xyah nk ngade2 lebih plak..prut kami ape kisah klaw kentang,telur,kentang,telur je tiap2 hari??!..
janji kenyangggggg, then,jimattt...simple2 sudahhh...
aduhh !!...sakit plak perut aq nih, geramm laa ! mkn nasik ngan lauk kentang td pnye psal nih..hm, xpe lah ye,hr nie just wanna story bout my simple food 4 uolllss only,bcoz of what??..dh ksian sgt kat diri ni haa,xtahu nk luah kat mne hihi, btw we will continue again 4 de new story okay !! bye2 ;-p
Subscribe to:
Posts (Atom)