1.1 Dr. Henry Deng Assistant Professor MIS Department UNLV MIS 301 Information Technology

1.2 Educational Background Ph.D., Red McCombs School of Business, University of Texas at Austin, MSIS, OR/OM, Finance --Co-Supervised by Dr.s William W. Cooper & Patrick Brockett

1.3 Educational Background Ph.D., Red McCombs School of Business, University of Texas at Austin, MSIS, OR/OM, Finance --Co-Supervised by Dr.s William W. Cooper & Patrick Brockett Visiting Scholar, Red McCombs School of Business, UT- Austin, Marketing Department MBA, College of Business Administration, Chongqing University, China, Marketing & Finance B.E, Chongqing University, Electronic and Computer Engineering

1.4 Working Experience Academic Experience: Assistant Professor, School of Business, the University of Nevada, Las Vegas Research Associate, Center of Risk Management & Insurance, School of Business, University of Texas at Austin Instructor, MSSTC Program, The Innovation Creativity Capital Institute (IC2), Visiting Professor, Marketing Dept., School of Business, UT Austin Project Official, The Ministry of Education of China, Beijing, China Lecturer, College of Electronic Information Engineering, Chongqing University, China Industrial Experience: Strategy Consultant ， Rapp Collins Inc. of Omnicom Group Ass. of Director & Consultant ， IC2 and Texas Tech. Incubator Co-Founder & CEO, HHD Consulting LLC. Membership: The Institute of Operations Research and the Management Sciences (INFORMS) Association of Risk Management & Insurance Association for Information Systems (AIS)

1.5 Current Research IT Strategy & OrganizationIT Strategy & Organization Knowledge ManagementKnowledge Management Operations ResearchOperations Research Management ScienceManagement Science Risk Management and InsuranceRisk Management and Insurance Decision ScienceDecision Science Data Communication & NetworksData Communication & Networks

1.6 Teaching Experience Data Communications & NetworksData Communications & Networks Management Information SystemsManagement Information Systems Commercialization StrategyCommercialization Strategy Statistics IStatistics I Applied Information TechnologyApplied Information Technology Supply Chain Management & Operation StrategySupply Chain Management & Operation Strategy Project ManagementProject Management

1.7 Agenda for Today Information Technology landscapeInformation Technology landscape Overview of syllabus and course objectivesOverview of syllabus and course objectives Student information sheetStudent information sheet Chapter 1Chapter 1 (this Wednesday)

1.8 In the first half of the twentieth century industry replaced agriculture, in the second half of the twentieth century –“service” has replaced “manufacturing” -and right now, the knowledge industry is beginning to replace the others. −−George Kotzmetzk

1.9 George Kotzmetzk

1.10 Stage of Information Systems A collection of data is not information.A collection of data is not information. A collection of information is not knowledge.A collection of information is not knowledge. A collection of knowledge is not wisdom.A collection of knowledge is not wisdom. A collection of wisdom is not truth.A collection of wisdom is not truth.

1.11 New Challenge of Information Systems Dell Computer Inc.Dell Computer Inc. Increasing Digitalization of IT IndustryIncreasing Digitalization of IT Industry Amazon. com, CD.com etc.Amazon. com, CD.com etc.

1.12 SESSION 1 Managing the Digital Firm MIS 301

1.13 INFORMATION SYSTEMS Four powerful worldwide changes that have altered the business environment: 1.Emergence of the Global Economy 2.Transformation of Industrial Economies to Knowledge and information based service economies 3.Transformation of the Business Enterprise 4.The Emerging Digital Firm

1.14 INFORMATION SYSTEMS People Data Software Hardware Network What is an Information System?

1.15 INFORMATION SYSTEMS Data: Meaningful raw facts, text, graphics, images, sound, video segments.Data: Meaningful raw facts, text, graphics, images, sound, video segments. Information: Data processed to be useful in the processes such as decision making.Information: Data processed to be useful in the processes such as decision making.

1.16 Figure 1-2 Data and Information INFORMATION SYSTEMS

1.17 INFORMATION SYSTEMS Figure 1-3 Functions of an Information System

1.18 BUSINESS PERSPECTIVE ORGANIZATIONS TECHNOLOGY MANAGEMENT INFORMATION SYSTEMS SYSTEMS Figure 1-4 Three Dimensions of Information Systems

1.19 Identify the problem: management, organizational or a technology problemIdentify the problem: management, organizational or a technology problem Identify Possible solutionsIdentify Possible solutions Required technologies to generate the solutionRequired technologies to generate the solution Possible changes to organizational processesPossible changes to organizational processes Required management policy to implement the solutionRequired management policy to implement the solution BUSINESS PERSPECTIVE How to analyze a Business Information System Problem

1.20 THE NEW ROLE OF IS Figure 1-8 The Widening Scope of Information Systems

1.21 THE NEW ROLE OF IS The Network Revolution and the Internet What you can do on the Internet Communicate and collaborateCommunicate and collaborate Access informationAccess information Participate in discussionsParticipate in discussions Supply informationSupply information Find entertainmentFind entertainment Exchange business transactionsExchange business transactions

1.22 THE DIGITAL FIRM Electronic market: Information systems links, buyers and sellers to exchange information, products, services, paymentsElectronic market: Information systems links, buyers and sellers to exchange information, products, services, payments Electronic CommerceElectronic Commerce –Intranet –Extranet

1.23 New Options for Organizational Design THE NEW ROLE OF IS Flattening organizationsFlattening organizations Separating work from locationSeparating work from location Reorganizing work-flowsReorganizing work-flows Increasing flexibilityIncreasing flexibility Redefining organizational boundariesRedefining organizational boundaries

1.24 Essentials of Management Information Systems Chapter 1 Managing the Digital Firm Figure 1-9 TOWARD THE DIGITAL FIRM Flattening Organizations Information Systems

1.25 Essentials of Management Information Systems Chapter 1 Managing the Digital Firm Figure 1-10 Redesigned Work Flow For Insurance Underwriting TOWARD THE DIGITAL FIRM

1.26 Essentials of Management Information Systems Chapter 1 Managing the Digital Firm Figure 1-11 TOWARD THE DIGITAL FIRM