Monday, 2 October 2017

Chapter 3 : Strategic Initiatives for Implementing Competitive Advantages

Chapter3_Strategic Initiatives for Implementing Competitive Advantages by Nasha on Scribd

Chapter 2 : IDENTIFYING COMPETITIVE ADVANTAGE

Chapter 2 by Nasha on Scribd

Chapter 1

Business Driven Technology

 
Learning Outcomes



 1.1    Compare management information systems (MIS) and information technology (IT)

1.2    Describe the relationships among people, information technology, and information


1.3    Identify four different departments in a typical business and explain how technology helps them to work together

1.4    Compare the four different types of organizational information cultures and decide which culture applies to your school





Information Technology's Role In Business


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Information Technology's Impact On Business Operations


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Image result for Information Technology's Impact On Business OperationsTechnology’s Role in 








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  •      Organizations typically operate by functional areas or functional silos
  •      Functional areas are interdependent










Information Technology Basics

  •         Information technology (IT) – a field concerned with the use of technology in managing and processing information

  •         Information technology is an important enabler of business success and innovation

  •         Management information systems (MIS) – a general name for the business function and academic discipline covering the application of people, technologies, and procedures  to solve business problems
  • MIS is a business function, similar to Accounting, Finance, Operations, and Human Resources
  •           When beginning to learn about information technology it is important to understand

  • Data, information, and business intelligence IT
  • resources

                  IT cultures      




Information



  • Data - raw facts that describe the characteristic of an
event
Information - data converted into a meaningful and
useful context

Business intelligence – applications and technologies that
are used to support decision-
making efforts






Data, Information and BI



Data in an Excel Spreadsheet





Data turned into information





Information turned into Business Intelligence






IT Resources



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People use

Information technology to work
with

Information








IT Cultures

Organizational information cultures include:


Information-Functional Culture - Employees use information as a means of exercising influence or power over others. For example, a manager in sales refuses to share information with marketing. This causes marketing to need the sales manager’s input each time a new sales strategy is developed.

Information-Sharing Culture  - Employees across departments trust each other to use information (especially about problems and failures) to improve performance.

Information-Inquiring Culture - Employees across departments search for information to better understand the future and align themselves with current trends and new directions.

Information-Discovery Culture - Employees across departments are open to new insights about crisis and radical changes and seek ways to create competitive advantages.






Chapter 15 : Outsourcing in the 21st Century

Chapter 15 by Nasha on Scribd