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

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Presentation on theme: "Intro to MIS – MGS351 The Information Age in Which You Live Chapter 1."— Presentation transcript:

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

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

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

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

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

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

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

8 Activities in an IS INPUTOUTPUTPROCESS FEEDBACK

9 IS and Decision Making

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

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

12 Data versus Information Data and Information

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

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

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

16 Widening Scope of IS

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

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

19 MIS Career Outlook 5 fastest growing occupations between 2008 and 2018 for individuals with a Bachelor's degree: - Biomedical engineers - Network systems & data communications analysts - Financial examiners - Athletic trainers - Computer software engineers, applications Source: U.S. Department of Labor Bureau of Labor Statistics http://www.bls.gov/oco/oco2003.htm#occupation_d

20 MIS Career Outlook Projected percent growth in occupations from 2008 to 2018 - Network systems & data communications analysts (53.4%) - Computer software engineers, applications (34%) - Computer software engineers, systems software (30.4%) - Network & computer systems administrators (23.2%) - Computer systems analyst (20.3%) - Database administrators (20.3%) Source: U.S. Department of Labor Bureau of Labor Statistics http://www.bls.gov/emp/ep_table_103.htm http://data.bls.gov/oep/nioem

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

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


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