KCB ID: 4748 UoW ID: 0811867059438
University of Wales
Prifysgol Cymru
MBA Managing Information Systems Lecturer: Mr. Cilliers Diedericks Student ID: 4748
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KCB ID: 4748 UoW ID: 0811867059438
“The ultimate goal of any Management Information System (MIS) is optimization” (Jackson D. Ford 1987). An integrated MIS should achieve optimization by performing the following three main functions for the organisation that it is applied into: 1. Provide information across various departments 2. Facilitate decision making at the three tiers of management 3. Serve as efficient means for managing business processes Organisations can either provide “service” or “manufactured goods” as their product or more commonly a
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A manager can effectively design and manage information systems of a company only by analysing it closely for example its common and unique features. The structure of Dell for example, classified as a divisional bureaucracy (ranks 33rd on the Fortune500 2009 list) would be of great help to a manager in understanding its information systems across and along that structure. According to Joan, (1998), Dell’s performance in the global IT has earned the company production efficiencies like flexibility and improved speed.
The IT Productivity Paradox
With a change of the full implementation of IT in a company, significant changes can be brought to the products, markets, and society as a whole (Chan, 2000). On the contrary, according to Carr (2003), IT cannot be used as a differentiating factor to outdo competitors. He claimed that IT can be purchased in the marketplace, can easily be imitated and is thus just a mere commodity based on the Internet which most companies can freely get access to. Dell has defied Chan’s claims by being highly successful through the use of IT as a differentiator to outperform its rivals. Also many well known studies by leading researchers have found that IT/IS can bring a significant positive effect to a firm’s productivity (Brynjolffson and Hitt, 1996; Guimares 1997; Dewan and Kraemer 1998). Based on all these differed views, Brynjolfsson, (1993) brought forward the “IT productivity paradox” which reveals the
We are undergraduate students in the course IT 396-44 Management Information Systems at Monroe College. Professor Asteria Villegas is the instructor for
* A formal MkIS can be of great benefit to any organization whether profit making or non-profit making, no matter what its size or the level of managerial finesse. It is true today that in many organizations an MkIS is integrated as part of a computerized system. To manage a business well is to manage its future and this means the management of information, in the form of a company wide "Management Information System" (MIS)
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.
The MIS department is the organization's primary source of information technology, and it is responsible for ensuring that the organization uses such technology to best accomplish its goals and objectives. That responsibility breaks into two major functions. One is to develop, operate, maintain, and manage the enterprise information systems. The second is to acquire technology and to facilitate its transfer to appropriate applications. The nature of this second function was summarized by Cash, McFarlan, and McKenney in a description of three broad objectives of information systems management control:
“No longer is IT just another tool the CEO might use to accomplish costs saving and operational ends. Today, information technology can help solve product problems, set new levels of service and create new distribution and communication channels.”
Included with this full-text Harvard Business Review article: 1 Article Summary The Idea in Brief—the core idea The Idea in Practice—putting the idea to work 2 Six IT Decisions Your IT People Shouldn’t Make 10 Further Reading A list of related materials, with annotations to guide further exploration of the article’s ideas and applications
The management information systems implemented within an organisation can be paper, computer or human-based; serving to produce timely information, usually of a historical manner, to allow management to initiate business processes and form decisions (Cox, 2014).
Information Technology (IT) is a foundation for conducting business today. It plays a critical role in increasing productivity of firms and entire nation. It is proven that firms who invested in IT have experienced continued growth in productivity and efficiency. Many companies' survival and even existence without use of IT is unimaginable. IT has become the largest component of capital investment for companies in the United States and many other countries.
We define information technology (IT) to include not only computer technology (hardware and software) for processing and storing information, but also communications technology for transmitting information. Advances in computer and communications technologies have enabled firms to pursue IT investments. This will help them to gain maximum advantage from their knowledge assets-to leverage the knowledge of individual employees to the benefit of other employees and the organization as a whole.
The fact that opportunities for strategic advantage from information technology is rapidly disappearing, it is important that companies look critically at how they invest in IT and how they manage their systems by avoiding wasteful spending, waiting to purchase an IT commodity until you are sure of its authenticity and also focus on vulnerabilities not opportunities.
Obviously, the power of Information System in any organization or company cannot be down looked. This is basically because IT has led to a revolution and to great developments in aspects of concern to management, production, processing, payments and services in different organizations. It is however worth noting that there is a very critical problem associated with strategic advantage of this system. Copy pasting what other people have been doing in the past has been the norm for many entrepreneurs. In this context, many entrepreneurs have devoted huge chunks of capital in the utilization of common IT systems (Carr, 2003). In this case, aspects of concern to uniqueness, innovation and
Information Technology (IT) is a foundation for conducting business today. It plays a critical role in increasing productivity of firms and entire nation. It is proven that firms who invested in IT have experienced continued growth in productivity and efficiency. Many companies' survival and even existence without use of IT is unimaginable. IT has become the largest component of capital investment for companies in the United States and many other countries.
The purpose of this report is to explain what “Management Information Systems” (MIS) is. This report will discuss how management information system helps different departments in an organization. The functions and advantages of using MIS will also be examined in this report.
The purpose of this paper to answer the questions purposed in writing assignment 1. The first question was: In your own words, define the terms "information technology" (IT) and “information systems” (IS) and explain their components and infrastructure. Why is it important for a manager to be involved in IT and what are the critical responsibilities for the manager? The second question is: Case Study (discuss the case and answer questions at end of case): The Progressive Group of Insurance Companies - Managers Leverage Ongoing IT Investments to Achieve Competitive Advantages (p. 23 of text).
In 2003 when Nicholas Carr wrote the article “IT Doesn’t Matter” companies were just beginning to utilize information technology as a competitive advantage. Mr. Carr contends that technology is not a permanent advantage because in time the competition will acquire the same resources and Information Technology (IT) just becomes another commodity. For the majority of companies throughout the world IT resources have become easily accessible and affordable. If Mr. Carr’s opinion is correct then the equality of IT access has just become a cost of doing