Chapter 1 (The Importance of MIS)
Why is MIS the most important class in the business school?
WHAT IS MIS?:
What are the differences between routine and non-routine skills?
(analyze, apply learning to solve problems, detect patterns/relationships, form theories
and construct models)
: understanding the inter-relations of inputs, outputs, and components
- ability to experiment
The Digital Revolution refers to the advancement of technology from analog electronic
and mechanical devices to the digital technology available today. The era started to during the 1980s and is
ongoing. The Digital Revolution also marks the beginning of the Information Era.
A robust stream of research describes which Information Systems (IS) human
resource capabilities are core to exploiting IT successfully. Our core IS capabilities framework, for example,
presents nine capabilities: leadership, informed buying, business systems thinking, relationship building,
contract facilitation, architecture planning and design, vendor development, contract monitoring, and making
Understand the five-component model.
Review how to use five-component model especially in relation to ease (difficulty) of change and organizational disruption.
-computer hardware, software, data, procedures, and people.
-These five components are present in every information system
Characteristics of data.
data is recorded facts or figures
NECESSARY DATA CHARACTERISTICS:
Relevant (to context and to subject)
Worth its cost
Chapter 2 (Strategy and IS)
Understand how five forces determine industry structure.
bargaining power of customers, threat of substitutions, bargaining power of suppliers, threat of
new entrants, and rivalry among existing firms.
*the intensity of each of the five forces determines the characteristics of the industry, how profitable it is, and
how sustainable that profitability will be.
How industry structure determines competitive strategy?
follow the five forces model with the model of competitive strategies (square where left side says
industry-wide, and focus) top says (cost and differentiation)
Understand Porter’s 5 Forces.
Five forces: bargaining power of customers
strong force: toyota's purchase of auto paint (because Toyota is a huge customer that
will purchase paint in large volume)
weak force: your power over the procedures and policies of your university
Five forces: threat of substitutions
strong force: frequent traveler's choice of auto rental