MIS 301 Information Technology Dr. Henry Deng Assistant Professor MIS Department UNLV 1.1 Educational Background Ph.D., Red McCombs School of Business, University of Texas at Austin, 2002 --MSIS, OR/OM, Finance --Co-Supervised by Dr.s William W. Cooper & Patrick Brockett 1.2 Educational Background Ph.D., Red McCombs School of Business, University of Texas at Austin, 2002 --MSIS, OR/OM, Finance --Co-Supervised by Dr.s William W. Cooper & Patrick Brockett Visiting Scholar, Red McCombs School of Business, UTAustin, 1997-1999 --Marketing Department MBA, College of Business Administration, Chongqing University, China, 1994 --Marketing & Finance B.E, Chongqing University, 1990 --Electronic and Computer Engineering 1.3 Working Experience Academic Experience: Assistant Professor, School of Business, the University of Nevada, Las Vegas Research Associate, Center of Risk Management & Insurance, School of Business, University of Texas at Austin Instructor, MSSTC Program, The Innovation Creativity Capital Institute (IC2), Visiting Professor, Marketing Dept., School of Business, UT Austin Project Official, The Ministry of Education of China, Beijing, China Lecturer, College of Electronic Information Engineering, Chongqing University, China Industrial Experience: Strategy Consultant ,Rapp Collins Inc. of Omnicom Group Ass. of Director & Consultant ,IC2 and Texas Tech. Incubator Co-Founder & CEO, HHD Consulting LLC. Membership: The Institute of Operations Research and the Management Sciences (INFORMS) Association of Risk Management & Insurance Association for Information Systems (AIS) 1.4 Current Research • • • • • • • 1.5 IT Strategy & Organization Knowledge Management Operations Research Management Science Risk Management and Insurance Decision Science Data Communication & Networks Teaching Experience • • • • • • Data Communications & Networks Management Information Systems Commercialization Strategy Statistics I Applied Information Technology Supply Chain Management & Operation Strategy • Project Management 1.6 Agenda for Today • Information Technology landscape • Overview of syllabus and course objectives • Student information sheet • Chapter 1 (this Wednesday) 1.7 In the first half of the twentieth century industry replaced agriculture, in the second half of the twentieth century –“service” has replaced “manufacturing” -and right now, the knowledge industry is beginning to replace the others. −−George Kotzmetzk 1.8 George Kotzmetzk 1.9 Stage of Information Systems • • • • 1.10 A collection A collection A collection A collection of data is not information. of information is not knowledge. of knowledge is not wisdom. of wisdom is not truth. New Challenge of Information Systems • Dell Computer Inc. • Increasing Digitalization of IT Industry • Amazon. com, CD.com etc. 1.11 MIS 301 SESSION 1 Managing the Digital Firm 1.12 INFORMATION SYSTEMS Four powerful worldwide changes that have altered the business environment: 1. 2. 3. 4. 1.13 Emergence of the Global Economy Transformation of Industrial Economies to Knowledge and information based service economies Transformation of the Business Enterprise The Emerging Digital Firm INFORMATION SYSTEMS What is an Information System? People Data Software Hardware Network 1.14 INFORMATION SYSTEMS • Data: Meaningful raw facts, text, graphics, images, sound, video segments. • Information: Data processed to be useful in the processes such as decision making. 1.15 INFORMATION SYSTEMS Data and Information 1.16 Figure 1-2 INFORMATION SYSTEMS Functions of an Information System 1.17 Figure 1-3 BUSINESS PERSPECTIVE Three Dimensions of Information Systems ORGANIZATIONS TECHNOLOGY INFORMATION SYSTEMS MANAGEMENT 1.18 Figure 1-4 BUSINESS PERSPECTIVE How to analyze a Business Information System Problem • Identify the problem: management, organizational or a technology problem • Identify Possible solutions • Required technologies to generate the solution • Possible changes to organizational processes • Required management policy to implement the solution 1.19 THE NEW ROLE OF IS The Widening Scope of Information Systems Figure 1-8 1.20 THE NEW ROLE OF IS The Network Revolution and the Internet What you can do on the Internet • Communicate and collaborate • Access information • Participate in discussions • Supply information • Find entertainment • Exchange business transactions 1.21 THE DIGITAL FIRM • Electronic market: Information systems links, buyers and sellers to exchange information, products, services, payments • Electronic Commerce – Intranet – Extranet 1.22 THE NEW ROLE OF IS New Options for Organizational Design • Flattening organizations • Separating work from location • Reorganizing work-flows • Increasing flexibility • Redefining organizational boundaries 1.23 Essentials of Management Information Systems Chapter 1 Managing the Digital Firm TOWARD THE DIGITAL FIRM Flattening Organizations Information Systems Figure 1-9 1.24 Essentials of Management Information Systems Chapter 1 Managing the Digital Firm TOWARD THE DIGITAL FIRM Redesigned Work Flow For Insurance Underwriting Figure 1-10 1.25 Essentials of Management Information Systems Chapter 1 Managing the Digital Firm TOWARD THE DIGITAL FIRM 1.26 Figure 1-11