Information

Systems
Management

Ramprrasadh Goarty
Setting
the
context
Toll Collections – primitive solution
Toll Collections – next version
Toll Collections – latest solution
Course Objectives
• To understand types of MIS applications in organizations.
• To discuss the development of management information systems in
organizations.
• To select and design MIS systems appropriate to meet management
requirements.
• To critically evaluate MIS contributions to the strategic management
of organizations.
 Information Systems
for
Competitive Advantage
Information systems transforming business?
• In 2013, more than 102 million businesses had dot-com addresses
registered.
• 2019 : 600 million people read news online; 2.95B use a social
networking site.
• Internet advertising is estimated to cross $ 1 trillion by 2027.
• New regulations require businesses to store more data for longer
periods.
• In era of Big Data, smart use of data gives companies a competitive
advantage.
Globalization: A flattened world
• Internet and global communications have greatly reduced economic
and cultural advantages of developed countries.
o Drastic reduction of costs of operating and transacting on global scale
o Competition for jobs, markets, resources, ideas
o Dependence on imports and exports
o Requires new understandings of skills, markets, opportunities
Business drivers of IS
• Businesses invest in IT to achieve six important business objectives.
1. Operational excellence
2. New products, services, and business models
3. Customer and supplier intimacy
4. Improved decision making
5. Competitive advantage
6. Survival
What is an Information System?
• Information technology: the hardware and software a business uses to
achieve objectives.
• Information system: interrelated components that manage information
to:
o Support decision making and control.
o Help with analysis, visualization, and product creation.
• Data
o Streams of raw facts.
• Information
o Data shaped into meaningful, useful form.
Data and Information
What is an Information System?
• Activities in an information system that produce information:
o Input
o Processing
o Output
o Feedback
Functions of an Information System
Is Information System a mere computer?
MIS

MANAGEMENT INFORMATION SYSTEM

MAKES ORDERLY, INTEGRATION
DECISIONS SELECTED OF ALL
REGARDING: DATA USED COMPANY
Ø PLANNING FOR MAKING ACTIVITIES
DECISIONS THROUGH
Ø OPERATING EXCHANGE OF
Ø CONTROLLING INFORMATION
.
4 steps to Problem Solving
Business Objectives
1. Operational excellence.
2. New products/service.
3. Customer intimacy.
4. Improved decision making.
5. Competitive advantage.
6. Survival.

Unmet objectives present as business challenges.

IS/IT is all pervasive in the modern organization.
• For those who intend to use ISM in their managerial role.
• For those who intend to build a career in ISM.
See you in the next session