Buzzwords
Climate crisis, Technological Change
What is a mega trend?
Vision, Mission, Objectives, Strategy, Tactics
What is VMOST?
Model that consists of the Customer profile and the Value Map
What is the value proposition canvas?
The company that failed to innovate their solution, had the opportunity to buy their competitor for 50mio. USD and didnt, and went bankrupt in 2010.
What is Blockbuster?
Before founding Amazon, this billionaire's fist job was at McDonald's
Who is Jeff Bezos?
Volume, Variety, Velocity, Veracity, Value
What is Big Data
Corporate strategy, competitive strategy, functional strategies
What is the three levels of strategy?
The model describing everything from Key partners and Cost Structure, to Customers and Revenue Streams
What is the Business model canvas?
Got caught hosting suspicious transactions, failed to apply digital security measures, and suffered reputational damages from a national security case.
What is Danske Bank?
A 17-year-old founded this Swedish company, originally selling products such as pens and wallets
What is IKEA?
Misalignment of resources or expectations
What is Value co-destruction?
Political, Economical, Social, Technological, Legal, Environmental
What is the External Forces / Pestle Analysis?
Model that shows cooperation between the IT and Business Domain; concerning strategy, infrastructures, and processes
What is the Business & IT Alignment model by Baets?
Manages their supply chain and inventory through IT integration, is customer-centric, innovators in logistics and delivery technology.
What is Amazon?
Before building supercars, this Italian brand’s founder made his fortune manufacturing tractors
What is Lamborghini?
Value Chain, Value Shop, Value Network
What is the three value configurations?
Companies must choose what not to do as much as what to do
What is trade-offs?
Model that shows the steps: Descriptive analytics, diagnostic analytics, predictive analytics, and Prescriptive analytics.
What is the Analytics Continuum?
Has a CEO Driven agenda, and innovates through IT and engineering integration, is a market leader and the business model is based on speed and agility.
What is Tesla?
Before making smartphones and TVs, this Korean company traded groceries, noodles and dried fish
What is Samsung?
Those who score high in leadership capability and digital capability
What are digital masters?
Leadership, culture, shared goals, communication, IT governance
What are the key factors influencing alignment between business and IT?
The model showing main focuses and quality points of a company
What is the Strategy Canvas?
Uses big data and machine Learning to provide credit assessments very fast, mines public data and offers a lending robot on their platform.
What is WeCash?
This famous record book began as a promotion for a beer brand, designed to settle arguments in pubs
What is the Guinness Book of Records?