Matakuliah Tahun : A0784 - Strategi Investasi IT : 2009 Critical Success Factors, Delphi Method and Balance Scorecard Pertemuan 15-17 Introduction • Focus on decision-making in general and investing in larger portions or whole systems • Broader application and identified as multi-criteria Bina Nusantara University 3 Critical Success Factors • CSF are set of requirements that if achieved, the firms are assured of business success • Referred to as cost drivers or value drivers • Relationship with strategic goals : – Timely information – Cutting-edge IT – Effective marketing intelligence Bina Nusantara University 4 Criteria in determining CSF • Impact on performance measures ( on sales, profit, cash flows) • Relationship with strategic goals (differentiation, cost minimization, market segmentation) • Relationship to life-cycle stage (introduction, growth, maturity, decline for products) • Relationship with major business activities (customers, suppliers) • Relative size of investment Bina Nusantara University 5 Delphi Method • Procedure for structuring group communication process to allow group of individuals to deal with complex problems • Controlled debate, which ensures all opinions are allowed to bring it to voice and bring to conformity. • Steps : – – – – Select a group Send each expert a questionnaire Collect questionnaire, document, and analyze Send report Bina Nusantara University 6 Delphi benefits and strengths • • • • • The use of questionnaire reduces the affect of dominate Allow expert to use own independent judgment Ideas and concepts can be introduced and evaluated Explore pros and cons for each alternatives Utilize existing staff than outside consultant Bina Nusantara University 7 Delphi weaknessess • • • • • • • Difficult to perform and select experts Time requirements to do the rounds of polling Valid as experts who make up the group Ignores disagreement Doesn’t always produce accurate answers Fails to meet requirement for scientific research Has validity and reliability issues Bina Nusantara University 8 Balanced Scorecard • Technique used to translate strategies into objectives and measures • Incorporates both financial and non-financial performance measures • Perspective : – Financial – Customer – Internal business – Learning and growth See Figure 4 Bina Nusantara University 9 Financial Perspective • Evaluates how to meet objectives through financial measures • Focuses on meeting shareholder’s expectations • Enables to focus on operating income, return on capital, and economic value added See Table 4 Bina Nusantara University 10 Customer Perspective • How to differentiate from competitor to attract and retain targeted customer • Exceeds customer’s expectation • Target segment such as customer satisfaction, retention, acquisition, profitability, and market share. See Table 5 Bina Nusantara University 11 Internal Business Perspective • What internal business process must excel to be successful • Includes innovation, operations and post sales services • Short term and long term success are important See Table 6 Bina Nusantara University 12 Learning & Growth Perspective • How to sustain and continue to create long-term growth and improvement • The use of technology and employee-based measures Bina Nusantara University 13