technology studies it teaching talk - may 2009.pdfzara case: fast fashion from savvy systems •...
TRANSCRIPT
Technology Studies @
Presented at the U. Minnesota IT Teaching Workshop
May 2009
John Gallaugher
Information Systems Dept.
Carroll School of Management
Boston College
Materials at:
http://www.gallaugher.com/chapters
Innovation @ • Curriculum Initiatives
• Speaker Series
• Alumni Engagement
• Field Studies
• Business Plan Competition
From the Sept. 15, 2008 Issue:
The Best Places to Launch a Career
What’s Hot:“Technology:Oneofthefewindustriestosurvivethedownturnrelativelyunscathed,techofferssomeofthebestpayaroundfornewgrads”
Highest Paying Industries:#2Technology#3Consulting
“therearemorejobopeningsinITthaninanyotherindustryexcepthealthcare”
!
IS means Business
Core Course: Computers in Management
• First course in management, taught through the lens of information systems
• Framing question:“How can I possibly compete when everyone can copy my technology & the competition is a click away?”
• Online Content– not written for a grade level, written to read like a
BusinessWeek article
• Hands-on projects• Speaker Series
Zara Case: Fast Fashion from Savvy Systems
• Global, non-geeky• Comparison of value chains
– Gap vs. Zara
• Tech influence on:– design, write-offs, mark-downs,
inventory turns, product differentiation, marketing costs,social responsibility
Strategy & Technology Chapter: • Tech-centric introduction to:
– Porter concepts: operational effectiveness vs. strategic positioning, five forces
– Resource-based view
• How tech can help create or enhance
• Tech & the early mover• Industry analysis & response
– imitation-resistant value chain– brand– scale– data & switching cost assets
– differentiation– distribution channels– network effects
Netflix Case: David Becomes Goliath
• Context:– the ‘dot-com’ that repelled Blockbuster & Fortune One
• Resources for competitive advantage– Brand, Scale, Data Assets/Switching Costs...
• Key Concepts– The Long Tail– Collaborative Filtering– Crowdsourcing
• Supplier relationships• Sustainability? Atoms to Bits
– Legal issues & Rights Mgmt.
Moore’s Law & More: Fast, Cheap Technology & What it Means for the Manager
• Pace of tech change & what it implies– special kind of price elasticity– you’ve got to predict the future
• Tech & Empowering the Poor
• Super-computing, Grid-computing,Cloud-computing
• Challenges to advancement– size, heat, power
• eWaste
Understanding Network Effects: • Where does the value come from?
– exchange, staying power, complements
• Market differences– timing, bandwagons, monopolistic tendencies
• Network Effects and Innovation– competing with a dominant standard & competing
in a standard
• Competing when network effects are present
Social Media, Peer Production & Web 2.0:
• Key Tools & Services– Blogs, Wikis, Social Networks– RSS, Folksonomies, Mashups, Virtual Worlds, Rich
Media
• Examples– corporate use– trust– industry-focus, healthcare– Twitter assignment
• Crowdsourcing & Prediction Markets
Facebook Case:
• Lessons from Founding & Funding– Growth, venture capital & control– Microsoft, ad networks, distribution channels,
‘the dark web’
• Lessons from Initiatives– newsfeeds, viral promotion, & user privacy– F8 - Facebook as platform– Beacon - opt-in vs. opt-out efforts
• Revenue models - How Much is this Worth?– Google vs. Facebook - the Hunt vs. the Hike– CPC, user-targeting, engagement ads, value of global
customers, content adjacency, ‘free rider’ problems
Additional Content: • Chapters Online Now
– Software: A Primer– Software in Flux: Open-source, SaaS, Cloud Computing,
Virtualization, Make vs. Buy
• Forthcoming & Partially Available– Google & the New World of Advertising– Leveraging the Data Asset
• database systems, business intelligence, data-mining, privacy
– Security– A Manager’s Guide to Telecommunications