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Chapter 1

Chapter 1

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Published by Nilesh Nevarekar

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Published by: Nilesh Nevarekar on Aug 19, 2012
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08/19/2012

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Chapter 1
The Information Systems Revolution:Transforming Business andManagement
 
Chapter 12
Why Information Systems?
The Competitive Business Environment
 – 
Three powerful worldwide changes have altered theenvironment of business.
Emergence of the global economy
An increasing dependenceon imports and exports is emerging. Today, informationsystems provide the communication and analytic power thatfirms need for conducting trade and managing businesses on aglobal scale. Globalization and IT bring new threats to localbusinesses.
Transformation of industrial economies
Major leadingeconomies are transforming to knowledge- and information-based service economies. Information and knowledge intenseproducts are becoming the foundation for many services &products. (cont.)
 
 
Chapter 13
Why Information Systems?
(cont.) Intensification of knowledge use in the traditionalproducts is increased. More knowledge and informationintense organizations have emerged.
Transformation of the business enterprise
The traditionalfirm is still hierarchical, centralized, structured, and set of specialists, depend on rigid division of labor, formal rules andplans. The new style is more towards decent., flexible set of generalists to produce mass-customization products, depend oninformal commitments and goals, flexible arrangement of teams, and customer orientation for task forces.
 – 
What is an Information System?
Information system
is an interrelated components that collect,process, store, and distribute information to support decisionmaking and control in an organization. (cont.)
 

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