Information Systems in Business and Management Information Systems in Business and Management • Origins in a number of Disciplines – – – – – Management Operations Research Computer Science Accounting Organisation Development • Taxonomy of Information Systems – – – – Transaction Processing Management Reporting Systems Decision Support Systems Executive Information Systems Management Information Systems Information: The most valuable resource What is an Information System? Five Main Resources • Personnel • Material • Machines } – (including facilities and energy) • Money • Information (and data) } Physical Conceptua l How Resources are Managed • • • • Acquire Assemble, or prepare Maximize use Replace Factors Stimulating Interest in Information Management • Increasing complexity of business – – – – – International economy Worldwide competition Increasing complexity of technology Shrinking time frames Social constraints • Improved computer capabilities Who are the Users? • Managers • Nonmanagers • Persons & organizations in the firm’s environment Where Managers are Found • Various management levels • Various functional areas of the firm The Nature of Management • Functional Activities – – – – Accounting Marketing Production Personnel Name Name Title Title Name Name Name Name Name Title Title Title Title Title Name Name Title Title Name Name Title Title Name Title Name Name Name Name Title Title Title Title Name Name Name Name Title Title Title Title Levels of Management (Anthony 1965) Strategic Planning Management control Operational Control Levels of Managers • Strategic planning • Management control • Operational control • Management in Organisations Strategic Planning • • • • • • Relates to the Organisation as a Whole Occurs on an Irregular Basis Relies on External Information An Exercise in Applied Economics Small Numbers Involved Provides the Framework for Mgt Control Management Control • Elements • Process • Managers • Goals • Efficiency and Effectiveness • Characteristics – – – – – – Focus on Responsibility Centres General Types of Information Comprehensive Expressed in Financial Terms Defined Patterns and Timetables Coordinated Integrated System Operational Control • • • • • Restricted to Narrowly Defined Activities Occurs in the Content of Mgt Control Based on a Financial Structure Relates to Individual Transactions Requires a Formal Model of Operation The Influence of Management Level on Information Source Strategic planning level Environmental Management control level Operational control level Internal The Influence of Management Level on Information Form Strategic planning level Summary Management control level Operational control level Detail Managers Can Be Found on All Levels and in All Functional Areas of the Firm Strategic planning level Management Control Level Operational Control Level Finance Function Human Resources Function Information Services Function Manufacturing Function Marketing Function Managerial Roles • Fayol • Mintzberg • Stewart Planning , Staffing, Controlling etc What Managers do -Fayol’s Functions Strategic Management Operational Planning Level Control Level Control Level Plan Direct Organize Control Plan Control Staff Organize Direct Staff Control Staff Organize Direct Plan What Managers do -Mintzberg’s Roles • Interpersonal roles – Figurehead – Leader – Liaison • Informational roles – Monitor – Disseminator – Spokesperson Mintzberg's Managerial Roles Decisional roles – – – – Entrepreneur Disturbance handler Resource allocator Negotiator Problem Solving Business Meals Tours Voice Mail Written Media Telephone Internal Sources Unscheduled Meetings Scheduled Meetings Electronic mail Periodical s Noncomputer reports Letters & Memos Computer Reports Problem Solving Information Comes in Many Forms External Sources Oral Media Management Skills • Communications • Problem solving } How can an information specialist help? Transaction Processing Systems • A focus on data storage processing and flows at the operational ; • Efficient Transaction Processing • Automation of High Volume Routine Tasks • Minimum Participation by Users • Summary reports to Management • Ryanair, EBay, Google Management Reporting Systems • An Information Focus aimed at Middle Managers • Structured Information Flow • Inquiry and Report Generation off a Database • Planning and Control • Summary Details • Rhythmic in Nature Name Title Name Name Name Name Title Title Title Title Name Name Name Name Title Title Title Title Name Name Name Name Title Title Title Title Name Name Name Name Title Title Title Title