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Intro to MIS – MGS351 The Information Age in Which You Live Chapter 1
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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
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Computer Literacy “To err is human, but to really foul things up requires a computer.” -Anonymous
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What is MIS? m Identifying the information that is needed for effective decision making in organizations m Developing information systems to satisfy those needs
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What is MIS? In other words….. “ MIS is using technology to create business value.”
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What is MIS? What do MIS professionals do? BUSINESS TECHNOLOGY Bridge the gap between business and technical minds
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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
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Activities in an IS INPUTOUTPUTPROCESS FEEDBACK
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IS and Decision Making
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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
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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)
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Data versus Information Data and Information
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Characteristics of Good Information m Subjective Value m Relevant m Timely m Accurate m Meaningful Format m Complete m Accessible
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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?
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Information Systems in Business m Functional Areas of Business – Sales and Marketing – Manufacturing / Service – Finance / Accounting – Human Resource m Cross Functional
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Widening Scope of IS
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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!
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Careers in MIS m Project Managers / CIO m System Design m Software Design m Internet m Database m Network / Telecommunications m System Analyst
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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
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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
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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
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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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