MIS Week 1 Lets discuss What is Management

MIS – Week 1 Let’s discuss: • What is Management Information System? • What is the difference with Information System Management? Introduction to CBIS An organized assembly of resources and procedures required to collect, process, and distribute data for use in decision making Information and Management Strategic planning level Information Form Information Source Summary External Management Control Level Operational Control Level Finance Function Detail Human Resources Function Information Services Function Manufacturing Function Internal Marketing Function 1 -1

MIS – Week 1 5 Main Resources Personnel Physical Material Machines (including facilities and energy) Money Conceptual Information (and data) Data and Information • Information processor – Key element in the conceptual system – Computer – Noncomputer – Combination • Data is the raw material transformed into information Information is The most valuable resource Physical and Conceptual System • Physical system – The business firm – Composed of physical resources • Conceptual system – Represents a physical system – Uses conceptual resources • Information • Data 1 -2

MIS – Week 1 The CBIS Model Accounting Information System Problem Decisions Computer-based Information System (CBIS) Information Problem Solution Justify in the same manner as any other large investment: Economic • Cost reduction • Reduced inventory investment • Increased productivity (CAD/CAM) Noneconomic : Perceived value Management Information System Decision Support Systems The Virtual Office Knowledge-based Systems 1 -3

MIS – Week 1 Database Administrator User Systems Analyst Information Specialist Programmer Operator Computer Network Specialist Users • Managers • Nonmanagers • Persons & organizations in the firm’s environment Information specialists have full-time responsibility for developing and maintaining computer-based systems 1 -4

MIS – Week 1 Using IT for Competitive Advantage The Firm and Its environment Government Financial Community The Firm Global Community Customers Suppliers Labor unions Competitors Stockholders or owners The Firm Is Connected to Its Environment by Resource Flows • Physical and conceptual • Some flows are major • Some should not occur at all • All resources that enter the firm from the environment eventually return to the environment 2 -5

MIS – Week 1 Competitive Advantage • Computer field perspective – Use of information to gain leverage in marketplace – Relies on more than physical resources • Addressed with strategic objectives Strategic planning for information resources (SPIR) develops firm and IS strategic plans concurrently SPIR content 1. What is to be achieved 2. What will be required Business strategy Influence on Information Resources resources and IS strategy Influence on Business Strategy The Information Resource Manager -- the CIO • Chief Information Officer (CIO) is not simply a title, but role • Manager of information services • Contributes managerial skills – Solves information resources problems – Solves problems in other areas of firm’s operations 2 -6