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Monday, 1 July 2013

Business Driven Technology

                               

INFORMATION TECHNOLOGY'S IMPACT ON BUSINESS OPERATIONS :
  • Organizations typically operate by functional areas or functional silos
  • Functional areas are interdependent

INFORMATION TECHNOLOGY BASICS
  •  Information technology (IT) its 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
DATA INFORMATION, AND BI


  • 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 effort
IT RESOURCES

  1. People use
  2. Information technology to work with
  3. 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 infomation (especially about problems and failures) to improve performance.
  • Information-inquiring culture
          Employess 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.






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