Objective 1 Flashcards
(144 cards)
A ____________ is an organization where digital technology enables them to do business significantly differently, or to do significantly different business.
Digital Organization
_____________ is the application of digital technology for significant business enablement, where speed is crucial.
High Velocity IT
___________ is the use of digital technology to enable significant improvement in the realization of an organization’s objectives that could not have been feasibly achieved by non digital means.
Digital Transformation
Significant enabler for internal processes and a strategic part of business model
Digital Technology
Becoming ‘_______’ is part of an organization’s culture
digital first
Where business and IT are regarded as separate organizational functions, “____________” can be used to denote major change to improve how IT services are provided
IT transformation
If IT is not separate from the business, then there is no clear distinction between _______ transformation and _____ transformation
Digital, IT
A ______ is a configuration of an organization’s resources designed to offer value for a
consumer
Product
_______________ is technology that digitizes something or processes digital data
Digital Technology
Digital technology includes ___ and ___
IT, OT
Provides users with information
Information Technology
Detects or changes the state of physical devices
Operational Technology
Transformation involves ____ and ____
Costs and Risks
Transformation is appropriate when ____ is available
funding
Transformation is appropriate when there is a clear ____
ROI
Transformation is appropriate when it fits the organization’s ____ _____
Risk Appetite
Transformation is appropriate when it fits the organization’s ___________
Culture
What are the 5 objectives associated with digital products?
Valuable Investments Fast Development Resilient operations Co-created value Assured conformance
What is Nature, speed and dynamics of change?
Volatility
What is the lack of predictability, prospects of surprise?
Uncertainty
What is Many forces, confounding issues, no cause/effect chain?
Complexity
What is Haziness of reality, easy to misread, mixed meanings?
Ambiguity
What are the 5 steps of a digital product lifecyle
Explore Onboard Co-create Offboard Retired
What behavior of high velocity IT does this describe?
Favor experimentation and don’t be afraid to fail safely
Deal with uncertainty