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Lecture 5: Managers and Their Information Needs

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Presentation on theme: "Lecture 5: Managers and Their Information Needs"— Presentation transcript:

1 Lecture 5: Managers and Their Information Needs
Traditional organizational pyramid Characteristics of information flow Types of data Nature of managerial work Ethical and societal issues

2 Traditional organizational pyramid
Clerical and shop floor workers Operational management Tactical Management Strategic Management (pp )

3 Characteristics of information flow
Degree of decision making Time span Data range

4 Types of data Descriptive v.s. inferential Internal v.s. external
Structured v.s. unstructured Quantitative v.s. qualitative Reliability v.s. Validity

5 Nature of managerial work
Planning Controlling Decision making Managing by exception Leading (pp )

6 Ethical and societal issues
Electrical monitoring of employees 74% of major firms record and monitor daily activities on the job 27 % of the companies do fire people for misuse of telecomm. equipment From employers’ position From employee’s position

7 Trends in organizational structure
IT replace middle managers? How about the impact on strategic and operational managers?

8 Characteristics of effective information
Tabular and graphic representation Online analytical processing Dynamic representation (pp )

9 Managers and IT systems
Transaction processing systems Decision support systems Executive information systems Customer relationship management systems (pp )

10 Review questions Explain the Traditional organizational pyramid Explain the characteristics of information flow What are the different types of data Explain the nature of managerial work Discuss the ethical and societal issues

11 Homework#5 Study the Secor Books case on pp Answer the question no.2 on p You are Secor CEO Mona Cortez… One-page report


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