Intro to MIS – MGS351 The Information Age in Which You Live

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Presentation transcript:

Intro to MIS – MGS351 The Information Age in Which You Live Chapter 1

Overview Introduction What is MIS? IS and Decision Making IS and Technology IS and Business MIS Careers IS Opportunities and Challenges

“To err is human, but to really foul things up requires a computer.” Computer Literacy “To err is human, but to really foul things up requires a computer.” -Anonymous

What is MIS? Identifying the information that is needed for effective decision making in organizations Developing information systems to satisfy those needs

What is MIS? In other words….. “ MIS is using technology to create business value.”

What is MIS? What do MIS professionals do? TECHNOLOGY BUSINESS Bridge the gap between business and technical minds

Information Systems (IS) A set of interrelated components that collect (or retrieve), process, store, and distribute information to support decision making and control in an organization

Activities in an IS INPUT PROCESS OUTPUT FEEDBACK

IS and Decision Making

Managerial Levels Senior managers: long-range strategic decisions about products and services Middle managers: Carry out the programs and plans of senior management Operational managers: monitor the firm’s daily activities

Data versus Information To make good decisions, accurate data can be transformed into information. Information Processing Cycle Input  Process  Output  Storage (Data) (Information)

Characteristics of Good Information Subjective Value Relevant Timely Accurate Meaningful Format Complete Accessible

IS and Technology Hardware, software, databases, networks and other related components Computers and other technologies are used to build information systems What technology should be used?

Information Systems in Business Functional Areas of Business Sales and Marketing Manufacturing / Service Finance / Accounting Human Resource Cross Functional

Careers in MIS What does it take to succeed? SOFT SKILLS Communication Teamwork Patience Creativity Decision Making TECHNICAL SKILLS Technical Curiosity Problem Solving Analytical Programming Synthesis BUSINESS SKILLS!

Careers in MIS Project Managers / CIO System Design Software Design Internet Database Network / Telecommunications System Analyst

IS Opportunities Increase worker productivity Enhance decision making Improve team collaboration Create business partnerships and alliances Enhance global competitiveness Support corporate strategy Improve quality of goods and services Rapidly changing technology

IS Challenges Workforce downsizing Information overload Employee mistrust Difficult to build Security breaches Rapidly changing technology

Creating Business Value at UB UB's Green Supercomputers UB 2020 IT Transformation