The Importance of Information Systems in Business
Jane Doe
INF 220
Kimberly Smith
March 5, 2012
As far back in my work career as I can remember I have utilized Information Systems (IS) to do my job, yet have always taken for granted their capabilities and purpose. They were simply systems that were in place when I got to the job and I learned how to use them to the best of my ability. But a well-developed and managed IS is often the backbone of a successful business, and is in itself big business. IS are the foundation for conducting business in today’s world, and success and sustainability are almost inconceivable without their existence because they play such a significant role in productivity.
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Within each function, management is structured to include senior management, middle management, operational management, knowledge workers, data workers and production or service workers. Many different systems are available to support each major business function; sales and marketing systems help a company identify customers, develop products and services to meet those customer’s needs, promote these products and services and provide ongoing customer support. Manufacturing and production systems cover the planning, development and production of products and services as well as control the flow of production. Finance and accounting systems keep track of financial information such as assets, flow of funds and invoices. Lastly, human resources systems maintain information about employee’s such as training, performance, compensation and disciplinary actions (Laudon & Laudon, 2009). The capabilities of these information systems are transforming business through the ability to share and process information with lightning fast speed. The internet, E-mail, cell phones and wireless handheld devices are just a few examples of the tools used that allow for this rapid rate of business by eliminating the need for such things as long distance phone calls and expensive travel in order for information to be shared between parties. Today, getting information where it needs to go is cheaper and easier
Also information systems assist with making decisions and business processes by formulating strategic plans and make decisions for the organisation longevity and prosperity. Additionally information systems add controls to employee processes, ensuring
Information systems interact with the organizations and influences the organization in many aspects of the whole organizational structure to the daily behavior. Information systems can enable strategies in four aspects including low-cost leadership, product differentiation, focus on market value and strengthen customer and supplier intimacy.
This article makes up Chapter 1 of the free, open access book titled, Information Systems: A Manager's Guide to Harnessing Technology, by John Gallaugher. Please ensure that you read the entire Chapter 1 of the book consisting of 3 parts (Part 1 Introduction; Part 2 Don’t Guess, Gather Data; and Part 3 Moving Forward).
We are undergraduate students in the course IT 396-44 Management Information Systems at Monroe College. Professor Asteria Villegas is the instructor for
It changes the way that you can interact with your customers and with your suppliers.” Email, messaging, social networking, and sales force management are described in this case study. The applications support business functions that include collaboration, location-based services, and communications with colleagues. These applications improve operational efficiency and decision making by allowing people to communicate from wherever they are.
This paper will discuss how an information system is critical to the business process of an organization and how the information has impacted the organization 's structure.
Information systems (IS), technically are a set of interrelated components that collect and retrieve information, process and store it and support the organization in decision making. Information Technology (IT) is a shared technology and provides the platform for specific information. It consists of hardware and software for a business to achieve their objectives. Included is the computer systems, the computer, any hand-held devices, software the company needs to operate and storage. (20)
To help support this every organisation has an Information system. The UK academy for Information Systems defines information systems as “the means by which organisations and people, using information technologies, gather, process, store, use and disseminate information”
Information systems (IS) or Business information systems deal with the development, introduction, conceptualization, utilization and maintenance of systems for computer-assisted data processing within the enterprise-wide and company networks.
9. MANAGEMENT SYSTEMS. The primary management systems that will be used in the company will be training, leadership and commitment which will equal our success. A better illustration can be seen above. The organization will have workshops that will provide clients with employee relations, law information and education that will help support an effective and efficient workforce.
Organizational systems are of great importance companies' success on the market. The most important systems in this organization are represented by the management system, the technical system, the human resources system, the organizational system, and others. Each of these systems has individual objectives, but that are oriented towards the general objectives of the organization. The management system refers to establishing the competence limits within the company, the objectives that each department must have, and the decision making process. In addition to this, the management system also establishes how activities can be delegated within the company.
The world is a rapidly changing canvas that visits a dynamic and turbulent environment on senior managers changing how Information Systems (IS) are used and needed in each organization. The power to collect, assess, and disseminate information is a valuable strategic resource that any organization can use to improve its competitive advantage. At the same time, technological advances are changing rapidly, thus requiring frequent updates in hardware and software as well as new competencies for IS professionals. As strategic managers face the challenges of optimizing the use of information systems, they are called to address a number of issues so they can make informed and effective
the information systems of a national company with some of its current employees . The
An information system is a base in today’s business world. Everything is electronic. In various businesses, the survival and ability to succeed strategic business goals is challenging without extensive use of information system. Businesses improve the efficiency of their operations in order to accomplish higher profitablity. Besides that, information systems are important tools available to managers for achieving higher levels of efficiency and productiviy in business operations. For an example, Zara uses the PDA technology to gather customer feedback and input.
Section 1.1, “The Role of Information Systems in Business Today”, gives students a feel for the importance of information systems in business today and how they have transformed businesses on the world stage. A good discussion of the six important business objectives outlined in this section allows the instructor and students to openly discuss why businesses have become so dependent on information systems today and the importance of these systems for the survival of a firm. Stress to students that information systems are not a luxury. In most businesses they are the core to survival. This would be a good time to ask students to discuss how their own schools are using