Week 10: Role of the CIO and Globalization of Wyeth MIS5001: Management Information Systems David S. McGettigan Agenda Prior Lecture Recap The Globalization of Wyeth Role of the CIO Next Week 2 Prior Lecture Recap Prior Lecture Recap Kodak Disruptive technology Innovation and the culture of innovation Financial concepts such as NPV Change management Discuss the strategic and cultural similarities and differences between Wyeth and Kodak. How influential and effective was senior leadership in each of these? 4 The Globalization of Wyeth 5 Discussion Questions What was the role of IT in the globalization of Wyeth? Two major components of Wyeth’s global IT strategy were its ERP system and its “Global Data Warehouse.” In what ways do you think that the global nature of these initiatives influenced their design, development, and implementation? Would you say that IT-enabled globalization is simply another version of the centralization /decentralization decision that any company makes when it has multiple divisions, or is it fundamentally different? Explain. 6 Role of the CIO Most Time Spent Collaborating with CXOs Making Strategic Decisions Working on Strategic Business Planning Obstacles to Success Overwhelming Project Backlog and Requests Ability to Execute Remains a Top Concern Focus on Cost Cutting Opportunities Using IT to Enable / Standardize Business Processes Measuring Success and Proving Business Value A Modern CIO Deputies Run Operations Focus on Strategy and Execution Source: www.cio.com: “State of the CIO” 7 Next Week Social Commerce: Crowdsourcing