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Information Systems Decisions & Last Blog!!

10 Mar

Hey Bloggers,

 

This is my final blog, on what is an information system. THANK GOD!

Today i will be discussing decision making systems.

Strategic Decisions. These affect the long-term direction of the business eg whether to take over Company A or Company B

Tactical Decisions. These are medium-term decisions about how to implement strategy eg what kind of marketing to have, or how many extra staff to recruit

Operational Decisions. These are short-term decisions (also called administrative decisions) about how to implement the tactics eg which firm to use to make deliveries.

Senior Managers (Strategic decisions) 

They make many unstructured decisions

e.g Enter a new market, to expand the business

Middle Managers (Tactical Decisions)

The middle managers make more structured decisions and some unstructured decisions.

e.g Why declines in sales in some areas.

Operation Managers ( Operational Decisions)

All there decisions are structured, on whats happening now.

e.g Does the customer meet the criteria.

Thank you for reading my blogs and also to my team members 112712305, 112759089.

references:

1.bp.blogspot.com/_PS1NZ66ZEe0/S7iqsJhiMdI/AAAAAAAAABE/0acXTnXwgGQ/s1600/gut+feel_1.

http://www.tutor2u.net/business/images/decisionmaking_intro.gif

http://www.tutor2u.net/business/organisation/decisionmaking.htm

cathaldoyle.com

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summary of information systems in businesses

10 Mar

The growth of information systems and the constant development of personal computer technologies in the business world are reshaping the office work we were used to doing 10 years ago. Businesses can now provide customers with the best possible services and products due to the rapid growth of technology. Computer and information systems manage, plans, coordinate, direct, research and facilitate the computerrelated activities of firms. Information systems help both technical and business goals in consultation with top management and they can make detailed plans to achieve goals set by the business. 

 

 

How to set up a successful Information System

10 Mar

There is a thin line when it comes to success and failure of information systems. At least 50% of information systems fail and this figure could even be higher as people do not like admitting failure, so the attention to detail becomes crucial and the risks become grater. Some of the main reasons that seem to be recurring in IS failures are due to risk management, accountability, professionalism, formal training, research, good communications, leadership and ownership. For those who do not know a lot about IS system failures I will put it in a simpler form,a  software engineer is similar to a civil engineer. Building a large information system is almost like constructing a 30-story office building. If a bunch of architects, electricians, plumbers, carpenters, tillers and contractors meet in a office room, talk for a few hours and then start building, the building will be unstable if it even gets built at all. “If building engineers built buildings with the same care as software engineers build systems, the first woodpecker that comes along would knock the building making it a failure as the build should stand after storms.

 

Three Keys to Successful IS Projects

Successful projects are like a tripod and have these factors in common:

1. Top management support 

2. A sound methodology 

3. Solid technical leadership by someone who has successfully completed a similar project

1. Almost all system success or failures have identified top management support as a critical to the success factor. The management personnel in any organisation that undertakes a systems project should be understand that the project will meet stumbling blocks along the way. They will need to be prepared to keep there composure as there will be setbacks or else the project is set for failure. From my simplified point earlier there is a massive difference between systems projects and office buildings. When a building is half built, there is something to see, but when a software project is half done, there is almost nothing to see. Managers need to know what they can expect to see and when. If they assume that the project will have 50% of the systems running when the budget is 50% spent, they will probably start thinking about giving up on the project that is progressing exactly on schedule.

2.Many systems are built with little thought. The team gets together and as enough information is collected, coding begins. This lack of attention to process can ruin a system. It is easy to see the result of a lack of attention to process after a system fails. Usually parts of the user requirements are ignored. Large amounts of code need to be rewritten, since it does not meet user requirements the first time around. The system is put into place with scarce testing. Without a well thought out process, there is little chance that a systems project will be successful. If the project does succeed, it only does so with substantial rewrites and cost overruns.

3. Like a building needs an architect, software systems needs a technical lead. The technical lead must have built similar systems down to the level of the specific business area for which the system is being built. To be successful, technical lead must be the one in control of the “architecture” of the project, most importantly the data model and application design. This level of control must be recognised and acknowledged by everyone involved with the project.

 

Information Systems used to gain Competitive Advantage

10 Mar

For my last blog I will be talking about the ways in which information systems can offer organisations competitive advantage. As different types of information systems grow and expand they offer new possibilities to companies. An information system isn’t just a collection of hardware and software, it’s a tool that can help businesses gain market share and compete on a global level, when used effectively.

There are many different ways in which you can maximize information systems:

Enhance jobs: Implementing IS to make jobs more efficient frees employees to move onto other important tasks. Staff no longer have to spend valuable time sorting through statistics, data and other pertinent information because the system has ability to gather it for them. IS provides a cost-effective way to conduct transactions, significantly cutting down the time involved in processing.
Differentiation: IS has the ability to strategically define an organization in a way that makes the business stand out from the competition. Information systems can be integrated in such a way that customers can be offered something no one else provides. With a unique design that makes an organisation appealing to do business with, you can easily increase your customer base.
Coordination of supply and distribution: IS provides an effective way to monitor and track inventory. Typically, managers will use information systems to track goods and to manage their entire supply/chain management process. If there’s a problem they can see it very easily.
Decision making: Information systems allow the vital element of providing “real-time” information. In today’s competitive environment, a manager needs to make rapid decisions and to do this effectively they need the most up to date information available. Designing an IS to custom fit the needs of a company will enable them to accomplish this. They’ll get fast action when they can quickly assess a situation.
Communication: Information systems possess ways to effectively and efficiently share information. Automated communication is a time and resource saver and can add tremendous value to a business.

Overall, information systems can offer a company many ways to save time and money on the small things. This leaves them with plenty of time to concentrate on the competition and the market they are competing in. Information systems will be of great use to all us Commerce students in the future and all this information we have learned as a result of this blog will be of benefit to us whatever profession we end up in.
Thank you 🙂

6 reasons why information systems are important to business

10 Mar

1) Operational Excellence – businesses can constantly improve their efficiency of their operations in order to achieve higher profitability. They can do this by constantly having the correct amount of stock in store so consumers can always get want they want.

2) New product services and business models – I.S systems play a major role for businesses in creating new products and services. New business models can be created and these can describe how a company produce, create and sell there products. 

3) Customer and Supplier intimacy – the better services a company provides its consumers with more likely they are too come back to them and as result the more they will buy off the supplier therefore creating a good relationship with both parties. 

4) Improved decision making – I.S systems make it possibly for managers to use real time data when making a decision to therefore make better decisions and not have to waste time looking for  information.

5) Competitive advantage – if companies achieve any of these 6 reasons to use I.S they will generally create a competitive advantage over their rivals.

6) Day to Day survival – business invest in these systems to make their jobs as easy as possibly. an example is Citibank introduced the first ATM machine to make it easier for customers to access their money and to cut down queues in their banks. 

 

How Useful Information Systems are to Business and Everyday Life.

10 Mar

Hi Bloggers,

Following my recent blog on the major roles of information systems, today’s blog will hopefully show you the importance of Information Systems both in everyday life and in business and organisations. By the end of this blog, hopefully it will be clear to you that Information Systems are used in so many aspects of everyday life that we sometimes might not even notice.

I think the only way to actually understand how the internet and everything information systems related is so powerful is to watch the following video and to see its impact on the world as a whole. Enjoy! 🙂

Below is a similar video but this time in relation to the workforce and the impact it has on them 🙂

Hope you enjoy these videos, I think they portray the uses of information systems quite clearly!

The Major Roles of an Information System?

10 Mar

To expand on my first blog, I would like to explain today the major roles of Information Systems.

There are three very important roles:

  • Support Competitive Advantage & Decision making
  • Support Business Decision Making
  • Support of Business Processes and Operations

These roles all operate on different levels.

1.Support Strategic Advantage: operates on a strategic level, and an example of this is when the head office uses systems to look at sales trends across stores to identify ways to gain competitive advantage over other retailers.

2. Support Business/Managerial Decision Making: operates on a tactical level, and an example of this would be where in store managers use systems to decide what lines to add or discontinue.

3.Support Business Processes and Operations: on an operational level. An example of this kind of information system is the paying of employees, the tracking of inventory, and the recording of customer purchases in a retail information system.

These 3 aforementioned roles are in my opinion the three most important. See below an image to back up my previous statements.

These roles along with many others are the jobs of Information System Managers. The link to the YouTube video below shows and explains the day to day work of an Information Systems Manager

Hope this blog and video explains more to you about the roles of Information Systems, in a clear and defined way. Thanks for taking the time to read 🙂

My next blog will explain how useful Information Systems are in business and everyday life.

 

http://cathaldoyle.com/lecture-2-what-is-an-information-system/

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