MIS 3862 How Levi’s Got Its Jeans into Wal-Mart Information Systems in Perspective • Chapter 1: – – – – – – – – Information concepts What is an information system Business information systems Systems development Organizations and info systems Competitive advantage Performance based systems Careers in Information Systems 3 Why Learn about Information Systems 4 What is a system? Earthbuddy 5 What is an Information System? • A set of interrelated components that collect, manipulate, and disseminate data and information and provide a feedback mechanism to meet an objective. 6 Earth Buddy • What existing information systems can you Identify? Are they effective? • What additional information systems would be beneficial? Why? 7 • Information technology (IT) – any _______-based tool that people use to work with information and support the information and information-processing needs of an organization – Information _______ is an important _______of business success and innovation 8 six major roles and goals of IT • 1. Increase employee _________ by reducing time, errors and costs using • 2. Enhance _________ making • 3. Improve _________ collaboration • 4. Create business _________ and alliances • 5. Enable global _________ all over the world taking into consideration the culture of each nation or society. • 6. Facilitate organizational _________ as the organization evolves and responds to the ever-changing marketplace. 9 • Management information systems (MIS) – the function that plans for, _______, implements, and _______ IT hardware, software, and the portfolio of applications that people use to support the goals of an organization – MIS is a business _______, similar to Accounting, Finance, Operations, and Human Resources 10 Today we live in an _______ age Where knowledge is power to gain and sustain a competitive advantage. • Once you finish your program, you will enter the _______ as a knowledge worker. • Knowledge worker works with and produces _______ as a product. • A knowledge worker _______ all other types of workers by a 4-to-1 margin. 11 Information Concepts: Data Versus Information • _______: raw facts – Alphanumeric, image, audio, and video • _______ – Organized collection of facts – Have value beyond the facts themselves 12 Data Versus Information Figure 1.1: Defining and Organizing Relationships Among Data Creates Information 13 Data Versus Information Figure 1.2: The Process of Transforming Data into Information 14 The Characteristics of Valuable Information • _______ • • Complete • Timely • _______ • Verifiable • Flexible • _______ _______ • Secure _______ 15 Computer-Based Information Systems Collect, manipulate, store, and process data into information 16 Business Information Systems • Most _______ types of information systems used in business organizations: – – – – – Electronic and _______commerce systems Transaction processing systems Management information systems _______ support systems Specialized business information systems 17 Systems Development • Systems development – Creating or _______ existing __________ systems • • • • • Systems investigation Systems analysis Systems design Systems implementation Systems maintenance and review 18 Organizations and Information Systems – Organization: a _______ of people and other resources established to accomplish a set of goals – An _______ is a system • Inputs: __________ (materials, people, money) • Outputs: goods or services 19 The Value Chain of a Manufacturing Company Figure 1.14: Net Flix 20 Net Flix • Where do you think Net Flix leverages the value chain to gain competitive advantage? • Discuss where you feel Net Flix’s information systems helps them add value in the Value chain. 21 Technology Diffusion, Infusion, and Acceptance • Technology diffusion: _______ of widespread use of technology • Technology infusion: _______ to which technology permeates a department • Technology acceptance model (TAM): _______ factors that can lead to higher acceptance and usage of technology 22 Organizations in a Global Society • As companies rely on _________ structures and outsourcing to a greater extent, businesses can operate around the world • Challenges to operating in a global society – Every country has a set of customs, cultures, standards, politics, and laws – Language _________ – Difficulty in managing and controlling operations in different countries 23 1834 Competitive advantage Significant, long-term __________ to a company over its competition Ability to establish and __________ a competitive advantage is vital to a company’s success NFL Coaches NFL Coaches • From our list of Roles and goals of Technology, what does the IS of the NFL achieve? • What sources of competitive advantage can you identify in the NFL? • Are these long term, sustainable competitive advantages? 25 THE FIVE FORCES MODEL – EVALUATING BUSINESS SEGMENTS • Factors That Lead Firms to Seek Competitive Advantage 26 27 Strategic Planning for Competitive Advantage • Change the __________ of the industry – Netflix, hp & compaq, charles scwab • Create new __________ or services – Itunes, imac, • Improve __________ products or services – Healthy & light, • Use __________ systems for strategic purposes – Sabre, NFL Coaches • See table 1.5 28 __________ __________ case Answer the following • Analyze the industry that __________ is in using the porter model, is it a good industry to be in? • What competitive advantage do you feel __________ has? How does information play into that competitive advantage 29 Performance-Based Information Systems Ella Mae • Consider both __________ advantage and costs • Use __________, return on investment (ROI), net present value, and other measures of performance Figure 1.15: Three Stages in the Business Use of Information Systems 30 Return on Investment and the Value of Information Systems • • • • Earnings growth Market __________ Customer __________ and satisfaction Total __________ of ownership 31 Careers in Information Systems Figure 1.16: The Three Primary Responsibilities of Information Systems 32 S1--Passwords & Password Etiquette • What makes a strong password • examples of good ones 33 Passwords & Password Etiquette cont. • One technique – I was born in Lethbridge Alberta in 1980 • IwbiLAi1980 – Better yet -- I was born before 12:00 in Lethbridge Alberta in 1980 • Iwb<12:00iLAi1980 – Once created, your password needs to be protected • Never ____________ it down • Do not share with others, don’t ask ___________ for theirs and never give yours to _____________ else • Swap__________, don’t let someone else type for you • Look in another _________, when others typing 34