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Using IS for Decision making

11 Apr

Levels of Decision making

Strategic decision making made by managers who are knowledge based and are used to dealing with major problems in the company.  These managers are there to provide the necessary support for the organisation and normally work in small groups.

First we should know that there are 3 different forms of decisions:

°         Structured decisions

°         Un-Structured decisions

°         Semi-structured

Structured decisions by contrast are repetitive, routine and involve a definite procedure for handling.

Unstructured decisions Where by the manager has to provide judgement, evaluation and insights into the problem definition.

Semi-structured decisions; clear cut answer provided by an accepted procedure.

Stages for making decisions include:

Intelligence identifies the problem, gather the information and communicate to the rest of the organisation.

Design: used to identify alternative solutions. DSS is used here.

Choice, were management chose among alternatives, keep track of consequences cost and opportunities.

Implementation, this is reporting on specific solutions and possible improvement actions.

Traditional MIS is information that can help identify problems in a system.

DSS can be used specifically in the design stage because these are simple models that can be quickly develop and with limited data.

http://www.maths.tcd.ie/~nora/FT351-3/DSS.pdf

Dublin’s tiger techland, it’s all good news

In the next article I found a lot of good news for does who are interested in choosing a carrier in IT, there is an abundance of work, in the technological sector. This article mentions all the top companies to work for: Facebook, Google, PayPal, Twitter, LinkedIn, eBay & Microsoft, with starting salaries of €47,000. I think it will be worth reading it.

‘Even the lunch breaks are smart’

“Even the lunch or coffee breaks are just the smartest way for easy information- and knowledge-management, and team-building throughout and between all departments, as you meet your friends, enjoy amazing food and discuss [the] latest projects, new innovative ideas.”

http://www.irishtimes.com/blogs/poplife/2013/02/11/dublins-tiger-techland/

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how management information systems can fail?

10 Mar

This will be my final blog. In my previous blogs I have talked about how information systems have help businesses be successful so in this blog I will talk about how these information systems fail.Knowledge management information systems fail most often because they are seen as an end in themselves. Knowledge is the result of the human brain processing, analyzing and filtering information to reach conclusions. Information is not knowledge. Yet many organizations fail to understand the difference and are disappointed when a huge investment in technology does not deliver the expected results.

If employee knowledge can be harvested and turned into corporate knowledge that is widely shared and appropriately used it can provide a business with a competitive advantage. For this to occur strategic thinking and planning must precede any action to implement knowledge management information systems.

Without a guiding strategy to deliver growth or increase margins the collection of knowledge in information systems will be unfocused and inevitably remain unused. At its base knowledge management is a business strategy not a technology strategy.

When a knowledge management initiative is seen as the exclusive mandate of the technology department it can become an exercise in information and document storage and retrieval. Successful knowledge management is about fostering an environment in which knowledge is shared and questions asked and answered across the internal barriers of departments and teams.

Most organizations are still structured along hierarchical lines that are not conducive to interdepartmental collaboration or cooperation and yet this collaboration is essential to knowledge management. Finding and managing the flow of knowledge in an organization requires a very different approach to managing information.

Creating an organizational culture where knowledge sharing is the norm is the most important and most difficult part of implementing knowledge management within a business. As with all organizational change, technology can and does play an important and integral part but it cannot alone be the driver. Often technology deployment is the largest and sometimes only action that is taken and inevitably the “knowledge management strategy” fails.

Only when the organizational culture supports knowledge sharing will implementing knowledge management information systems have the best chance of success. However even where the culture supports knowledge sharing there are some common mistakes made when introducing knowledge management information systems that lead to their failure.

Businesses cannot become too dependent on information systems.

references:http://www.helium.com/items/1816248-why-do-knowledge-management-information-systems-fail

The End :(

10 Mar

Now that we are at the end of the six weeks, we all agree that we have learnt a lot about information systems and have a much better understanding of how they are used for decision making.  

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To understand the topic, Using I.S. for Decision Making, in its entirety, there were many sections we had to research and grew knowledge on.  Such sections we learnt together about include

  • What is an information system
  • Types of decisions
  • Stages of decision making
  • Levels of organizational decision making
  • Types of information systems that aid decision making, and details on each one;
    • DSS
    • MIS, including the faults
    • ERP
    • CRM, including Tesco case study
    • GDSS

If interested in learning more information on any of these topics, check out the blog usernames of the members in our group, each providing interesting and well researched information;

  • Sad111417732
  • Sad111419882
  • Sad111420992
  • Sad111417852

 

MIS and Decision Making

10 Mar

In this blog i will talk about how MIS is used for decision making. MIS is basically concerned with the process of collecting, processing, storing and transmitting relevant information to support the management operations in any organizations. thus the success of decision making which is the heart of administritive process, is highly dependant partly on availible information , and partly on the functions that are components of the process. For example, if managerial objectives are absent or unclear, probably due to inadequate information, there is no basis for a search. With out information obtained through a search there are no alternatives to compare, and without a comparasion of alternatives the choice of a particular course of actionis unlikely to yield the desired result. MIS can be defined as a system providing management with accurate and timely information necessary to facilitate the decision making process and enable the organisations planning control and operational functions to be carried out effectively. so in this wats MISs increase competitiveness of the firm by reducing cost and improving processing speed.People say that the need for MIS in decision making is very effective. It provides information that is needed for these decisions and issues effecting the organisation regarding human and material resources. MIS may be viewd as a mean for transformation of data, which are used as information in decision making processes.

Well structed and well organized MIS can provide management with the knowledge it needs to reduce operating costs and increase profits. MIS can help management increase efficency by quickly providing critical information about procedures and operations. Overall MIS can be a huge boost to a business and is well worth investing in.

references: http://www.ijric.org/volumes/Vol5/1Vol5.pdf

 

How management information systems benefit businesses

10 Mar

Management information systems provide information for managers in an organisation. MIS provides accurate and timely information necessary to facilitate the decision making process with enable the planning organising and controling systems to be carried out effectively. MIS is basicallyconcerned with processing data into information and is then communicated to various Departments in an organisation for appropriate decision making. MIS is a subset of the overall planning and control activites covering the application of humans, technologies and procedures of the organisation. The information system in the mechanism to ensure that information is availible to the managers in the form they want it and when need it.

1. Information technologies.

Data collection involves the use of information technologies comprimising: computers and telecommunication networks(e-mail, voice mail internet etc).  A management information system enables a business to provide answers to managers in search of knowledge. MIS does this by providing data about the organisation operations with information gathered from employees in expert systems that reflect the organisations procedures. before the widespread use of computers, many organisations found difficulties in gathering, storing, organising and distributing large amounts of data information. Devolopments in computer technology made possible for managers to select the information they require, in the form best suited for their needs and in time they want. MIS is designed to provide to support a managers work by helping them through there decision making process.

 

references:http://www.ijric.org/volumes/Vol5/1Vol5.pdf

 

Executive Support Systems used for decision making

10 Mar

Executive support systems

An ESS is an informationsystem at the strategic level of anorganizationdesigned to address unstructured decision making through communication ESS are designed to help senior management make strategic decisions. The system gathers, analyses and summarises key internal and external information used in the business. For example a CEO may require overall sales for the company, along with sales for each competitor, as general economic data.
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Using IS in Decision making

10 Mar

MIS in Decision Making

To access information quick, efficiently and effectively management in a department may use information systems, to lessen the labour in the day-to-day running activities within an organisation. (e.g. accounts stock control, payroll, etc.)

Employees only need to enter the information into a computer program for file and analysis the managers can build programs to access the information and aid management more quickly in decision making for future development and direction to use against other competitors.

The information Age

To stay competitive management availed of the new technologies and processing data into information to use at a later date these new technologies, telecommunications, networks, E-mail, Voice mail, Internet, Telephone, etc. Through these technologies management can with speed and accuracy store large amounts of information.

Before the computer age, organisations had to waste vast amounts of time and resources in the collecting and storing of the information. After a few months the information would be useless a as information can be outdated as developments occur.  Organisations must keep on track with new technologies this information must be current and easy to access and at the same time available to different people at the same time. Firms have become most dependent of these new technologies or IT systems.

It is information that drives firms in staying competitive, and is this information system mechanism that managers avail when they for decision making is need it. These IT systems or computer programs can aid managers with the concise, relevant, timely and complete information.

 

 

last blog

 

 

 

 

http://www.ijric.org/volumes/Vol5/1Vol5.pdf

 

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