Strategic IS & Accounting

1. Strategic IS & Accounting Clinton E. White, Jr Professor of Accounting & MIS Lerner College of B&E University of Delaware

2. IT • What is IT?

3. IT • According to Nicholas Carr, why does IT not matter?

4. IT • What do you think?

5. IT • What is Carr really saying?

6. The Value of IT • What is the business value of IT?

7. IT in the Organization • IT in organizations: • The early days: • The business silo days: • The enterprise/ERP days: • The networked & virtualization days

8. IT in the Organization • What’s the problem with enterprise/ERP level IT (e.g., SAP)?

9. IT in the Organization • According to Cramm, Put IT Where it Belongs, where does IT belong?

10. IT in Organizations • According to McAfee and Brynjolfsson, What makes a company good at IT?

11. Moore’s Law • What does Moore’s Law tell us?

12. Chips/Computing power • 1989 • First chips with 1 million transistors • 2005 • First chips with 1 billion transistors

13. Accelerating Change - Computing & IT - • Late 1940’s - 1970 • 1970 – 1980 • Early 1980’s – early 1990’s • Mid 1990’s – early 2000’s • Mid 2000’s - 2012

14. The Law of Accelerating Returns • What does the Law of Accelerating Returns tell us?

15. Chips/Computing power • Early 2000’s • 2008 • 2010 • 2011 • 2014

16. Nanometer Technology • Nanometer • 1 billionth of a meter • A typical human hair? • A typical germ? • A visible wave length of light?

17. Examples • What are some historical examples of technologies that have caused paradigm shifts?

18. Examples • What are some examples of profound changes that are currently causing paradigm shifts?

19. Business Models • What has happened to business models?

20. Music/Entertainment • What has been happening to business models in the music/entertainment industry? • Stage 1: • Proprietary, intellectual property – no negotiating! • You will only buy complete CDs at stores! • We will sue you and all of your thieving friends! • Stage 2: • We will sell you tunes & CDs digitally but you can’t make copies • Mashups/remixes are totally out of the question! • We will sue you and all of your thieving friends! • Stage 3:

21. A New Computing Platform • We are going to investigate the Internet as a new computing platform for business, interaction, & collaboration • The Internet has become a giant computer that everyone can use (and program) creating a global infrastructure for creativity, participation, sharing, and self-organizing • We are all users contributing to the “digital commons”

22. Software • Other than the operating system, what’s the most important software application on your computer? • Why?

23. Networks • What does it mean to be networked? • Personally • Technically

24. Metcalf’s Law • What does Metcalf’s law tell us?

25. Networks • What is the significance of September 2, 1969?

26. Networks • What is a fast Internet connection? • Relative to the rest of the world, where does the US rank in terms of average connection speed?

27. Fiber Optic Networks • How fast is the fiber optic network in the COB?

28. The Programmable Web • The programmable Web invites collaboration by design with open standards and open APIs that allow separate Web sites to intermingle • The new generation of Web start up businesses has learned that opennessfosterstrust and trust brings users back and they begin contributing ideas & creativity • Open, collaborative business models

29. Acct 425 – 12F • Welcome to strategic IS & accounting! • E-collaboration • Information assets • Value chains • XML • XBRL • Web services & cloud computing • Enterprise computing • SOX & COSO & Cobit