Management Information Systems Module 1 PDF

Management Information Systems Module 1  Slide Title Resources or Components of Information Systems Functions of Information Systems It serves as a major functional area of business that is important to business success. It poses a major resource of management...

Management Information Systems Module 1  Slide Title Resources or Components of Information Systems Functions of Information Systems It serves as a major functional area of business that is important to business success. It poses a major resource of management challenge. It affects operational efficiency, employee productivity and morale, and customer service and satisfaction. Functions of Information Systems It serves as a major source of information and support needed to promote effective decision- making by managers. It serves as an important ingredient in developing competitive products and services that give an organization a strategic advantage in the global marketplace. Information System Activities  Strategically: Long-term planning of the organization. Support of Business Decision-Making – Tactical: Medium-term planning to control performance of the organization. Support of Business and Operations – Operational: Day by day control the organization activities and Transaction Processing. Support of Strategies for Competitive Advantages Role of Information Systems Information Systems in Perspective Types of Information Systems Transaction Processing System TPS Activities Data Collection Data Editing and Correction Data Manipulation Data Storage Document Production and Reports Transaction Processing System Management Information Systems Management Information Systems Management Information Systems Questions?  Supporting Strategies GLOBALIZATION is the process of becoming a global enterprise by expanding into global markets, using global production facilities, forming alliances with global partners.  Supporting Strategies Business Process Re-engineering It is the process of restructuring and transforming a business process by a fundamental rethinking and redesign to achieve dynamic improvements in cost, quality and speed. Re-engineering processes can bring more strategies to penetrate the global market. One is utilization of the Internet.  Supporting Strategies Old Rule: Managers make all decisions IT Says: Decision Support tools New Rule: Decision-making is part of everyone’s job. Old Rule: Only experts can perform complex work. IT Says: Expert Systems  Supporting Strategies Old Rule: Information can appear in only one place at one time. IT Says: Shared databases New Rule: Information can appear simultaneously in as many places as it is needed. Old Rule: Field personnel need offices. IT Says: Wireless data communication. New Rule: Field personnel can send and receive  Competitive Advantage Developing products, services, processes, or capabilities that give a company a superior business position relative to its competitors and other competitive forces. Competitive Advantage Questions?