Concluding Case
Chapter 8
Stanley Lynch
Investment Group
The Stanley Lynch Investment Group is a large investment firm headquartered
in New York. The firm has 12 major investment funds, Each with analysts
operating in a separate department. Along with knowledge of the
financial markets and the businesses it analyzes, Stanley Lynch’s competitive
advantage comes from its advanced and reliable computer systems. Thus an
effectives information technology (IT) division is a strategic necessity, and
the company’s chief information officer (CIO) hold a key role at the firm.
When the company hired J.T. Kundra as a manager of
technology, he learned that the IT division at Stanley Lynch consists of 28
employees. most of whom specialize in serving the needs of a particular fund.
the IT employees serving a fund operates as a distinct group, each of them led
by a manager who supervises several employees (five employees report to J. T.).
He also learned that each group sets up its own computer system to store
information about its projects. the problem with that arrangement quickly
became evident. As ). T tried to direct his group’s work, he would ask for
documentation of one program or another. Sometimes no one
was sure where to find the documentation; it might turn out to be stored in an
obscure place such as only on someone’s flash drive. other times he would
quickly get three different responses from three different people with three
different versions of the documentation. and if he was interested in another
group’s project or a software program used in another department, getting
information was next to impossible. he lacked the authority to ask employees in
another group to drop what they were doing in order to hunt down information he
needed.
J.T concluded that the entire IT division could serve the firm much better
if all authorized people had easy access to the work that had already been done
and the software the was available. The logical place to store that information
was online. From experience at a previous company, he believed that the easiest
way to compile the information would be to set up a shared web project called a
wiki-an online document created through the collaboration of its users, who can
look up or contribute information according to their knowledge and needs. The
challenge would be how to get everyone to contribute, give that he had
authority over so few of the IT workers.
J. T. started by working with his five employees to build a wiki offering
basic information presented in a consistent format. then he met with two
higher-level managers who report to the CIO He showed them the wiki and
explained that fast access to information would improve the IT group’s quality
and efficiency. he suggested that the managers require all the IT employees to
put their documentation on the wiki, and he even persuaded them that this
behavior should be measured for performance appraisals. this last tactic was
especially significant because at an investment company, bonuses for meeting
performance targets are a big part of employees’ compensation.
The It employees quickly came to appreciate that the wiki would help the
perform better. When they visited it, they could see from the original
information that it would be useful. Adoption of the wiki was swift, and before
long, the IT employees came to think of it as one of their most important
software systems.
Questions
1. Given an example of
differentiation in Stanley Lynch’s organization structure and an example of
integrations in this structure.
Answer: Example of
differentiation in Stanley Lynch’s: that each group sets up its own computer
system to store information about its projects. Sometimes no one was sure where
to find the documentation; it might turn out to be stored in an obscure place
such as only on someone’s flash drive. Example of integrations in this
structure: would be to set up a shared web project called a wiki-an online
document created through the collaboration of its users, who can look up or
contribute information according to their knowledge and needs.
2. What role did authority play in the adoption of the
wiki by the IT division at Stanley Lynch?
Answer: The entire
IT division could serve the firm much better if all authorized people had easy
access to the work that had already been done and the software the was
available. The logical place to store that information was online. The easiest
way to compile the information. They could see from the original information
that it would be useful.
3. Describe how the IT division used coordination to
achieve greater integration.
Answer: The IT
division at Stanley Lynch consists of 28 employees. most of whom specialize in
serving the needs of a particular fund. The IT employees serving a fund
operates as a distinct group, each of them led by a manager who supervises
several employees (five employees report to J. T.).
Tidak ada komentar:
Posting Komentar