1. 1 Introduction Why do managers need to understand and participate in IS decisions? –Today, every company is a technology company –IS must be managed as a resource –IS enable change in the way people work together –IS are part of almost every aspect of business –IS enable business opportunities and new strategies –IS can be used to combat business challenges from competitors

2. 2 Disruptive Technologies: Digitization - electronic products & services –can increase reach Mobile devices - ubiquitous computing –World Wide Web Consortium (W3C) – standards for easier access via mobile devices Web 2.0 - 2G of web communities & hosted services for collaboration –increasing social & political impact “Semantic" web - meaning of content labeled for integration –Extensible Markup Language (XML) describes concepts, terms, & relationships

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4. 4 Steve Wozniak Asked if he had expected computing would be anything like it is today, Woz answered, –“Barely. Barely. –Did we expect the Internet? No. We knew that there would be data sent between computers, maybe some kind of posting to bulletin boards. –Music? No. –Videos? No. –Did we expect digital cameras? No. There were a lot of things unknown that people could do- we hoped we were giving them a universal platform, a tool to implement.”

5. 5 Bill Gates “In the future, there will only be two types of organizations –those that understand the use of technology and –those that are out of business.”

6. What will the new corporation look like? The new model –will have to be more like the marketplace, and less like corporations of the past. –will need to be flexible, agile, able to quickly adjust to market developments, and ruthless in reallocating resources to new opportunities. 6

7. Motivate and inspire workers Instill in workers drive, creativity, & innovative spirit more commonly found among entrepreneurs Information gathering needs to be broader & more inclusive New mechanisms for harnessing "wisdom of crowds" –Feedback loops to foster: Change, innovation, adaptability. 7

8. Worker skills Visionary –Creativity –Curiosity –Confidence –Focus on business solutions –Flexibility Informational & interpersonal –Communication –Information gathering –Interpersonal skills Structural –Project management –Analytical skills –Organizational skills –Planning skills 8