This is Figure 3 from Saarinen and Vesalainen (1994). I’ll be using it in presentations and blog posts to argue that the Learning Management System (LMS) approach to e-learning is wrong.
In summary, an LMS is a package acquisition. However, I argue that e-learning within universities is not routine. It is and is likely to continue for quite some time, to be speculative.
The diagram suggests that using an LMS to solve a speculative requirement is a high risk strategy.
Timo Saarinen, Ari Vepsalainen (1994) Procurement Strategies for Information Systems, Journal of Management Information Systems, 11(2) 187-208

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