ISM 3004 Exam 1, ISM3004 1-3
quizzes, ISM 3004 exam study fully
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Disruptor - ANS ✔✔to cause something to be unable to continue in the normal way.
Examples of disruptors - ANS ✔✔Movie streaming, Music streaming/downloading, Online Class
(MOOC)
Share economy - ANS ✔✔Renting things out that you aren't using (Uber, Lyft, AirBnB)
4 Key Factors of disruption - ANS ✔✔Moore's Law, Social Media, Mobile, Globalization
Moore's Law - ANS ✔✔Gordon Moore. # of transistor will double every 2 years AT THE SAME
PRICE
Social Media - ANS ✔✔Business integration w Facebook Nation
Mobile - ANS ✔✔5 billion phones worldwide. 50% searches are done on mobile
Globalization - ANS ✔✔>90% of internet users are outside of the US. 3.8 B Global users/290 M
US users
Golden Age of Tech Entrepreneurship - ANS ✔✔The Cloud
App Stores
Social Media
,IT as a career - ANS ✔✔Every budget, job, and field is becoming IT. Geek Up! Sexiest job of the
21st century
CIO - ANS ✔✔Chief Information Officer
- responsible for the information tech of the enterprise
CTO - ANS ✔✔Chief Technology Officer
- science and tech related external trends
CISO - ANS ✔✔Chief Information Security Officer
- Protects internal data from outsiders
CPO - ANS ✔✔Chief Privacy Officer
- ensures privacy in the company
Tech skill "half life" - ANS ✔✔tech skills decay and become old over time. Need to always
improve
Gartner Hype Cycle - ANS ✔✔Expectations - Y axis
Time - X axis
+ Innovation Trigger (getting hyped)
+ Peak of Inflated Expectations (ppl realize product does not meet expectations)
+ Trough of Disillusionment (Companies invest even tho ppl are eh on the item)
+ Slope of Enlightenment (Slow, realistic increase)
+ Plateau of Productivity (30% of market has adopted)
, The Curve
Time to mainstream adoption
3 Danger Zones - ANS ✔✔1. Adopting Too Early
2. Giving up too soon
3. Adopting too late
Impact for new tech - ANS ✔✔Transformational - New way of doing business
High - New way of performing processes
Moderate - existing processes improved
Low - slight process improvement
Gartner Magic Quadrant - ANS ✔✔How to decide what software to use for your company
Challengers | Leaders
------------------------------
Niche Players | Visionaries
y axis - ability to execute
x axis - completeness of vision
Leaders - ANS ✔✔Max ability, max vision
Visionaries - ANS ✔✔Full vision, cannot reach goals (small businesses)
quizzes, ISM 3004 exam study fully
solved
Disruptor - ANS ✔✔to cause something to be unable to continue in the normal way.
Examples of disruptors - ANS ✔✔Movie streaming, Music streaming/downloading, Online Class
(MOOC)
Share economy - ANS ✔✔Renting things out that you aren't using (Uber, Lyft, AirBnB)
4 Key Factors of disruption - ANS ✔✔Moore's Law, Social Media, Mobile, Globalization
Moore's Law - ANS ✔✔Gordon Moore. # of transistor will double every 2 years AT THE SAME
PRICE
Social Media - ANS ✔✔Business integration w Facebook Nation
Mobile - ANS ✔✔5 billion phones worldwide. 50% searches are done on mobile
Globalization - ANS ✔✔>90% of internet users are outside of the US. 3.8 B Global users/290 M
US users
Golden Age of Tech Entrepreneurship - ANS ✔✔The Cloud
App Stores
Social Media
,IT as a career - ANS ✔✔Every budget, job, and field is becoming IT. Geek Up! Sexiest job of the
21st century
CIO - ANS ✔✔Chief Information Officer
- responsible for the information tech of the enterprise
CTO - ANS ✔✔Chief Technology Officer
- science and tech related external trends
CISO - ANS ✔✔Chief Information Security Officer
- Protects internal data from outsiders
CPO - ANS ✔✔Chief Privacy Officer
- ensures privacy in the company
Tech skill "half life" - ANS ✔✔tech skills decay and become old over time. Need to always
improve
Gartner Hype Cycle - ANS ✔✔Expectations - Y axis
Time - X axis
+ Innovation Trigger (getting hyped)
+ Peak of Inflated Expectations (ppl realize product does not meet expectations)
+ Trough of Disillusionment (Companies invest even tho ppl are eh on the item)
+ Slope of Enlightenment (Slow, realistic increase)
+ Plateau of Productivity (30% of market has adopted)
, The Curve
Time to mainstream adoption
3 Danger Zones - ANS ✔✔1. Adopting Too Early
2. Giving up too soon
3. Adopting too late
Impact for new tech - ANS ✔✔Transformational - New way of doing business
High - New way of performing processes
Moderate - existing processes improved
Low - slight process improvement
Gartner Magic Quadrant - ANS ✔✔How to decide what software to use for your company
Challengers | Leaders
------------------------------
Niche Players | Visionaries
y axis - ability to execute
x axis - completeness of vision
Leaders - ANS ✔✔Max ability, max vision
Visionaries - ANS ✔✔Full vision, cannot reach goals (small businesses)