01-LECTURE NOTES 1 - Introduction to MIS

01-LECTURE NOTES 1 - Introduction to MIS - MANAGEMENT...

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Unformatted text preview: MANAGEMENT INFORMATION SYSTEMS (MIS) MANAGEMENT INFORMATION SYSTEMS (MIS) LECTURE 1 LECTURE 1 Information Systems In Global Business Today Information Systems In Global Business Today Spring Spring 2010 2010 MANAGEMENT INFORMATION SYSTEMS MANAGEMENT INFORMATION SYSTEMS (MIS) (MIS) • Management Information Systems (MIS) deals with the Planning, Development, Management, and Use of Information Technology tools to help people perform all tasks related to Information Processing for supporting the goals of an organization. • Information Systems are one of the major tools available to Business Managers for achieving:- • Operational excellence, • Developing new products and services, • Improving decision making, • Achieving competitive advantage. MANAGEMENT INFORMATION SYSTEMS MANAGEMENT INFORMATION SYSTEMS THE ROLE OF INFORMATION SYSTEMS IN BUSINESS TODAY • A continuing stream of Information Technology (IT) innovations from the Internet to Wireless Networks to Digital phone and able Systems are continuing to transform the Business World. • The new IT innovations are enabling entrepreneurs and innovative traditional firms to: • Create New Product and Services, • Replace old Business Models with new Models, • Disrupt entire industries, • Build new Business Processes, • Transform the Day-to-Day conduct of Business . MANAGEMENT INFORMATION SYSTEMS MANAGEMENT INFORMATION SYSTEMS THE ROLE OF INFORMATION SYSTEMS IN BUSINESS TODAY High speed wireless (Wi-Fi) networks, Cellular Phone networks, high speed communication service facilities available to the Home and Small business, coupled with entirely new hardware platforms such as very powerful wireless Laptop computers, PDA’s, Smart phones are changing how people work, where they work and what they do when they work. The Management of Business firms has also changed with the availability of the Enterprise-wide Information Systems with extraordinarily rich data that means Managers are no longer in a fog of confusion, but instead have online, nearly instantly access to the really important information they need for accurate and timely decisions. Web, Wikis and Blogs are also becoming important tools for communication, collaboration and information sharing. MANAGEMENT INFORMATION SYSTEMS MANAGEMENT INFORMATION SYSTEMS THE ROLE OF INFORMATION SYSTEMS IN BUSINESS TODAY All of these changes coupled with equally significant Organizational Redesign, have created the conditions for a fully Digital Firm . Digital Firm Firm in which nearly all of the significant business relationship with the Customers, Suppliers and Employees of the organization are digitally enabled and mediated....
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This note was uploaded on 08/12/2011 for the course ITEC 421 taught by Professor Huseyingursev during the Spring '11 term at Eastern Mediterranean University.

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01-LECTURE NOTES 1 - Introduction to MIS - MANAGEMENT...

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