Which of the following backgrounds did we discuss as those an organization would not hire as a CEO? ✔️all of these are backgrounds from which
an organization might hire a CEO
Which of the following did we discuss as something that may make a CIO role different other than c-suite or top executive roles such as CFO or
COO? ✔️expectations that the CIO will have functional knowledge across the entire scope of the organization
What does CIO stand for? ✔️b. chief information officer
Which position would a CIO not report to? ✔️top human resource management officer
If a CIO is hired to enable the organization to leverage IT to create a new market space for the organization or to enable new product/service
offerings in ways that would fundamentally change the business model, which of the following would be closest to their area of focus?
✔️transformation/turnaround
If a CIO is hired to primarily focus on how the organization can best leverage IT through managing efficiencies and costs of its information
systems and IT operations, which would be the closest to their area of focus? ✔️value/cost/internal
If an organization views IT spending as a way to gain return on capital, as opposed to a necessary cost of doing business, it most likely views IT
as which of the following: ✔️investment rather than an expense
Our book talks about a 'credibility gap'. This is a gap between what two things? ✔️business knowledge and technical knowledge
What is a key way we talked about to overcome the credibility gap? ✔️have business savvy people in the IT area and IT savvy people in
functional areas
"Know what you don't know" is a phrase that recurs in our book. Essentially, it means what, according to Jim Barton? ✔️understand the
categories of things you don't know
Which of the following is not a major category of IT costs in most organizations? ✔️all of these are major categories of IT costs in most
organizations
We talked about why it may be difficult to get a good view of IT spending in an organization. Which of the following are reasons for this? ✔️all of
these are reasons
When functional areas control most of the IT budget, IT spending is tracked through a mechanism in which the functional areas pay IT for
services and work. This is called what? ✔️chargeback
An IT project that is undertaking primary to provide a new system or to revise an existing system for specific needs of a functional area could be
best categorized as which type of project? ✔️application development
An IT project that is undertaken primarily to provide a new or extensively revise underlying networks that most of the applications in the
organization use could be best categorized as which type of project? ✔️infrastructure
The Carr article that we read in class 'IT doesn't matter' primarily argued which of the following? ✔️IT is a commodity and thus no longer can
provide strategic advantage
Responses to the Carr article that we read as well as the McAfee & Brynjolfsson article the next week primarily argued which of the following
about Carr's point? ✔️IT serves as an enabler of the ability to achieve strategic advantage
We looked at a 2x2 matrix that categorized different types of IT portfolio categories. These included factory, support, turnaround, and strategic.
These were based on strategic dependence and strategic impact. Strategic dependence is which of the following? ✔️how much the organization
relies on IT for its operations
In the 2x2 matrix, strategic impact is which of the following? ✔️how much competitive advantage an organization gains from IT
We talked about it being difficult to tie direct benefits to installation of new IT. Which of the following did we talk about as one of the reasons
for that difficulty? ✔️It isn't the IT itself that results in benefits, but the way it is used/leveraged
McAfee & Brynjolfsson also argued that the best way to leverage IT was to use it for which of the following? ✔️process innovations