Information, Technology, and Innovation - Resources for Growth in a Connected World

Informationen zum Autor JOHN M. JORDAN is a clinical professor in the Department of Supply Chain and Information Systems at the Smeal College of Business, Penn State University, where he teaches IT strategy to undergraduates, MBAs, and executives. His research focuses on emerging technologies and their impact on business strategy, design, and practice. Klappentext A big-picture look at how the latest trends in information management and technology are impacting business models and innovation worldwideWith all of the recent emphasis on "big data," analytics and visualization, and emerging technology architectures such as smartphone networks, social media, and cloud computing, the way we do business is undergoing rapid change. The right business model can create overnight sensations--think of Groupon, the iPad, or Facebook. At the same time, alternative models for organizing resources such as home schooling, Linux, or Kenya's Ushihidi tool transcend conventional business designs. Timely and visionary, Information, Technology, and the Future of Commerce looks at how the latest technology trends and their impact on human behavior are impacting business practices from recruitment through marketing, supply chains, and customer service.* Discusses information economics, human behavior, technology platforms, and other facts of contemporary life* Examines how humans organize resources and do work in the changing landscape* Provides case studies profiling how competitive advantage can be a direct result of innovative business models that exploit these trendsRevealing why traditional strategy formulation is challenged by the realities of the connected world, Information, Technology, and the Future of Commerce ties technology to business and social environments in an approachable, informed manner with innovative, big-picture analysis of what's taking place now in information strategy and technology. Zusammenfassung Looks at how the trends in information management and technology are impacting business models and innovation worldwide from recruitment through marketing, supply chains, and customer service. This book discusses information economics, human behavior, technology platforms, and other facts of contemporary life. Inhaltsverzeichnis Preface xv Acknowledgments xix Section I Foundations 1 Chapter 1 Introduction 3 Cognition 4 Innovation 6 The Macro Picture 8 Earthquakes Every Year 11 Themes 18 We've Seen This Movie Before 21 Notes 23 Chapter 2 Demographics 25 Is There a "Net Generation"? 26 Digital Natives 28 Millennials at Work 29 Behavior and Expectations 30 Looking Ahead 30 Notes 33 Chapter 3 Behavioral Economics 35 Challenges to Economic Man 35 Behavioral Economics in a Networked Age 37 Looking Ahead 40 Notes 41 Chapter 4 Information Economics 43 Information Goods 44 Pricing Information: Versioning and Bundling 46 Network Effects 48 Lock-in 49 Looking Ahead 50 Notes 55 Chapter 5 Platforms 57 Strategic Levers 60 Looking Ahead 63 Notes 63 Chapter 6 Power Laws and Their Implications 65 A Bit of History 65 Long-Tail Successes 67 Cautionary Tales 67 Facts of Life 68 Implications 69 Looking Ahead 70 Notes 71 Chapter 7 Security and Risk 73 Landscape 73 Information Space Is Neither Average nor Normal 75 People Systematically Misestimate Risk 76 Doing It Right 77 Looking Ahead 81 Notes 81 Section II Work and Organization 83 Chapter 8 A Brief History of Organizational Innovation 85 1776: Division of Labor 85 1860-1890: Railroads and the Rise of Administrat...

List of contents

Preface xv
 
Acknowledgments xix
 
SECTION I FOUNDATIONS 1
 
CHAPTER 1 Introduction 3
 
Cognition 4
 
Innovation 6
 
The Macro Picture 8
 
Earthquakes Every Year 11
 
Themes 18
 
We've Seen This Movie Before 21
 
Notes 23
 
CHAPTER 2 Demographics 25
 
Is There a "Net Generation"? 26
 
Digital Natives 28
 
Millennials at Work 29
 
Behavior and Expectations 30
 
Looking Ahead 30
 
Notes 33
 
CHAPTER 3 Behavioral Economics 35
 
Challenges to Economic Man 35
 
Behavioral Economics in a Networked Age 37
 
Looking Ahead 40
 
Notes 41
 
CHAPTER 4 Information Economics 43
 
Information Goods 44
 
Pricing Information: Versioning and Bundling 46
 
Network Effects 48
 
Lock-in 49
 
Looking Ahead 50
 
Notes 55
 
CHAPTER 5 Platforms 57
 
Strategic Levers 60
 
Looking Ahead 63
 
Notes 63
 
CHAPTER 6 Power Laws and Their Implications 65
 
A Bit of History 65
 
Long-Tail Successes 67
 
Cautionary Tales 67
 
Facts of Life 68
 
Implications 69
 
Looking Ahead 70
 
Notes 71
 
CHAPTER 7 Security and Risk 73
 
Landscape 73
 
Information Space Is Neither Average nor Normal 75
 
People Systematically Misestimate Risk 76
 
Doing It Right 77
 
Looking Ahead 81
 
Notes 81
 
SECTION II WORK AND ORGANIZATION 83
 
CHAPTER 8 A Brief History of Organizational Innovation 85
 
1776: Division of Labor 85
 
1860-1890: Railroads and the Rise of Administration 86
 
1910: Scientific Management and the Further Division of Labor 87
 
1930s: Alfred Sloan at General Motors 88
 
1937-1981: Transaction Costs 88
 
1980s: Economies of Scope and Core Competencies 89
 
1995: Linux as "Commons-Based Peer Production" 90
 
2000: Offshore 91
 
Looking Ahead 91
 
Notes 92
 
CHAPTER 9 Firms, Ecosystems, and Collaboratives 93
 
Emerging Nonfirm Models 93
 
Distributed Capital 98
 
Looking Ahead 100
 
Notes 101
 
CHAPTER 10 Government 103
 
The Biggest Employer 104
 
Government Hiring at a Crossroads 107
 
Inevitable Downsizing 108
 
Government on the Technology Landscape 110
 
Looking Ahead 112
 
Notes 113
 
CHAPTER 11 Crowds 115
 
Crowdsourcing: Group Effort 115
 
Information Markets and Other Crowd Wisdom 119
 
Varieties of Market Experience 122
 
Looking Ahead 123
 
Notes 124
 
CHAPTER 12 Mobility 127
 
Bottom Up 127
 
Search Costs 130
 
Supply Chain Efficiency 130
 
Mobile Phone Industry Impact 131
 
Risk Mitigation 132
 
Apps for Change 133
 
Looking Ahead 136
 
Notes 137
 
CHAPTER 13 Work 139
 
The Big Picture: Macro Trends 139
 
Where 141
 
Outputs 143
 
Skills 144
 
Work 146
 
Looking Ahead 149
 
Notes 150
 
CHAPTER 14 Productivity 153
 
Classic Productivity Definitions 154
 
Services Productivity 155
 
Services Productivity and Information Technology 156
 
Information Technology and Unemployment 158
 
Looking Ahead 159
 
Notes 160
 
SECTION III BUSINESS MODEL DISRUPTION 161
 
CHAPTER 15 Business Model Overview 163
 
Definition 164
 

Product details

• Authors: Jordan, Jm Jordan, John M Jordan, John M. Jordan, JORDAN JOHN M, Jordan John M.
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Hardback
• Released: 01.04.2012
• EAN: 9781118155783
• ISBN: 978-1-118-15578-3
• No. of pages: 416
• Subjects: Social sciences, law, business > Business > Management; Business & management, Wirtschaft u. Management, Unternehmenstechnologie, Business Technology