4 cognitive skills

abstract reasoning systems thinking collaboration experiment

abstract reasoning

ability to make and manipulate models which serve to solve problems

systems thinking

the ability to see the whole, not just the parts

collaboration

its working together to achieve a goal – give and receive constructive feedback

experiment

making a careful and reasoned analysis of an opportunity

porters 5 forces

substitutes, new entrants, rivals (existing), supplier bargaining power, customer bargaining power

Cost Leadership

Low Cost, wide open target market

differentiation

high cost, wide open target market

cost focus

low cost, narrow market

differentiation focus

high cost, narrow market

value chain

network of value creating activities

5 component framework

hardware, software, data, procedures people

BPMN circle

start/finish

BPMN rectangle

Activity

Strcutured Process

formally defined, standardized processes (scheduling shifts)

dynamic process

adaptive and even intuitive (complex)

data characteristics

accurate, timely, relevant, just sufficient, worth its cost

Css

cascading style sheets - supports html

Cloud

elastic leasing of pooled computer resources (servers) over the internet.

Software as a Service (Saas)

someone else manages everything

Platform as a Service (Paas)

3/4 managed by someone else

Infastructure as a Service (Iaas)

1/2 managed by someone else

On Premises

Everything managed by yourself

Private cloud

cloud owned by organization for its own benefit ($$$$)

Public cloud

cheaper then private cloud - pooled amongst multiple systems

Database Managment system (DBMS)

software used to create, process, and administer databases

database

collection of data