CHAPTER 1
INFORMATION TECHNOLOGY’S IMPACT ON BUSINESS
OPERATIONS
i.
Reducing costs
ii.
Improving productivity
iii.
Generating growth
INFORMATION TECHNOLOGY BASICS
·
Is a field concerned with the
use of technology in managing and processing information
·
Covering many field that deal
with the use of electronic computers and computer software to convert
store,protect,process,transmit and retrieve information securely.
·
Can be an important enabler of
business success and innovation
·
Not useful unless the right
people know how to use and manage it effectively.
Management information
systems (MIS)
I.
Is a business function just as
marketing,finance,operations,and human resources.
II.
MIS is a general name for the
business function and academic discipline covering the application of
people,technologies,and procedures-collectively called information systems –to
solve business problems.
Information
Technology Basics
a)
Data,information and business
intelligence
b)
IT resources
c)
IT cultures
DATA,INFORMATION AND BUSINESS INTELLIGENCE
INFORMATION
i.
Data converted into a
meaningful and useful context.
ii.
Information from sales events
could include best-selling item,worst-selling item,best customer and worst
customer
BUSINESS INTELLIGENCE
1)
Applications and technologies
that are used to gather,provide acess to,and analyze data and information to
support decision-making efforts.
2)
Helps companies gain a more
comprensive knowledge of the factors affecting their business,such as metrics
on sales,production and internal operations,which help companies make better
business decisions.
IT RESOURCES
Three key resources :
o
People
o
Information
o
Information Technology
IT CULTURES
Culture will influence the way people use
information ( their information behavior ) and will reflect the importance that
company leaders attribute to the use of
information in achieving success or avoiding failure.
Organizational information cultures :
·
Information – Functional
Culture
Employees use information
as a means of exercising influence or power over others.
Eg : a manager in sales
refuses to share information with marketing.
·
Information – Sharing Culture
Employees across
departments trust each other to use
information to improve performances.
·
Information - Inquiring Culture
Employees across
departments search for information to better understand the future and align
themselves with current trends and new directions.
·
Information – Discovery Culture
Employees across
departments are open to new insights about crises and radical changes and seek
ways to create competitive advantages.
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