Complimentary Asset Examples

1795 Words Sep 24th, 2010 8 Pages

Managing Information Systems – Ch. 1
Information Systems in Global Business Today

Learning Objectives
• Understanding the effects of information systems (IS) on business and their relationship to globalization • Explain why information systems are essential in business • Define an information system and describe its y management, organization, and technology components • Define complementary assets and their role in ensuring that information systems add organizational value • Describe the different disciplines used to study information systems, and explain how each contributes to our understanding of them • Explain what is meant by a sociotechnical systems perspective

NBA Teams: A Slam Dunk With IT
• Problem: Lack of hard data
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IT and Strategic Business Objectives
• Competitive advantage
– Delivering better performance – Charging less for superior products – Responding to customers and suppliers in real time –E Example: T l Toyota and TPS (Toyota Production S d (T P d i System) enjoy ) j a considerable advantage over competitors

• Survival
– Information technologies as competitive necessity – May be: • Industry-level changes, e.g. Citibank’s introduction of ATMs • Governmental regulations requiring record-keeping
– Examples: Toxic Substances Control Act, Sarbanes-Oxley Act



The Interdependence Between Organizations and IT

In contemporary systems there is a growing interdependence between a firm’s information systems and its business capabilities. Changes in strategy, rules, and business
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