Value Discipline | Competitive Advantage | Hyperconnectivity Drives Innovation |
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What are the three value disciplines?
Operational excellence, customer intimacy, and product leadership
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What is Value?
Measured by a product's performance characteristics and attributes for which customers are willing to pay.
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What is Hyperconnectivity?
The state in which we are always connected to the internet through a number of devices.
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What is Operational Excellence?
Providing customers with reliable products or services at competitive prices
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What are core competencies?
Resources and capabilities that serve as a source of a firm’s competitive advantage
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What is Cloud Computing?
Is a style of computing where massively scalable IT-related capabilities are provided as a service across the Internet to multiple external customers.
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What is Product Leadership?
Offering customers leading-edge products and services that consistently enhance the customer’s use or application of the product
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What are tangible resources?
Assets that can be observed and quantified, such as production equipment, manufacturing plants, and forma reporting structures.
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What is Private Cloud?
Here the cloud infrastructure is operated solely for an organization. It may be managed by the organization or a third party and may exist on or off the premises.
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What is Customer Intimacy?
Segmenting and targeting markets precisely and then tailoring offerings to match exactly the demands of their customers
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What are Rare Capabilities?
Capabilities that are possessed by few, if any, current or potential competitors.
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What are the 5 essential characteristics for cloud computing?
These are needed for Cloud Computing
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Who are the top leaders in their industry?
Dell Computer, Home Depot, & Nike
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What are intangible resources?
Assets that typically are rooted deeply in the firm's history and have accumulated over time. Example: patents and trademarks
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Who is Marc Benioff?
He said, "Software is dead."
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