Chapter-1 - Chapter 1 Managing in the Digital World...

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Information Systems Today: Managing in the Digital World 1-1 1 “You can’t just ask people what they want and then try to give it to them. By the time you get it built, they’ll want something else” Steve Jobs, Apple Computer (on pleasing customers) Chapter Managing in the Digital World
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Information Systems Today: Managing in the Digital World 1-2 Learning Objectives
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Information Systems Today: Managing in the Digital World 1-3 Learning Objectives
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Information Systems Today: Managing in the Digital World 1-4 Characteristics of the Digital World The Knowledge Worker o Term coined by Peter Drucker in 1959 o An individual who is relatively well educated and who creates, modifies and/or synthesizes knowledge as a fundamental part of a job Knowledge Society o New Economy/Digital World Digital Divide
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Information Systems Today: Managing in the Digital World 1-5 The Knowledge Society Information is now as important as land , labor and capital .
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Information Systems Today: Managing in the Digital World 1-6 Globalization Globalization manifests itself through changes in economy, cultures and technology. Globalization is the integration of economies throughout the world, enabled by technological progress.
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Information Systems Today: Managing in the Digital World 1-7 Globalization: Economic Changes Economic Changes o Increase in international trade of goods and services
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Information Systems Today: Managing in the Digital World 1-8 Globalization: Cultural Changes Cultural Changes o Increased access to other cultures (through TV, Internet, etc.)
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Information Systems Today: Managing in the Digital World 1-9 Globalization: Technological Changes Technological Changes o Availability of low cost communication systems
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Information Systems Today: Managing in the Digital World 1-10 Information Systems: Definition Combination of five key elements: o People o Hardware o Software o Data o Telecommunications networks
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Information Systems Today: Managing in the Digital World 1-11 Data: The Root and Purpose of Information Systems (I) Distinction between: o Data – raw, unformatted information E.g.: 5433333353 o Information – data that is transformed to have a meaning E.g.: (543) 333-3353 o Knowledge – body of governing procedures used to organize or manipulate data o Wisdom – accumulated knowledge
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Information Systems Today: Managing in the Digital World 1-12 Data: The Root and Purpose of Information Systems (II)
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Information Systems Today: Managing in the Digital World 1-13 IT: The Components of Information Systems Relationship of computer-based information systems to information technology and technology
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Chapter-1 - Chapter 1 Managing in the Digital World...

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