Intro to MIS – ACSC345 The Information Age in which We Live Dr. Stephania Loizidou Himona.

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Transcript of Intro to MIS – ACSC345 The Information Age in which We Live Dr. Stephania Loizidou Himona.

Intro to MIS – ACSC345Intro to MIS – ACSC345

The Information Age in which We LiveThe Information Age in which We Live

Dr. Stephania Loizidou HimonaDr. Stephania Loizidou Himona

Dr. S. Loizidou – ACSC345Dr. S. Loizidou – ACSC345 22

OverviewOverview

IntroductionIntroduction What is MIS?What is MIS? IS and Decision MakingIS and Decision Making IS and TechnologyIS and Technology IS and BusinessIS and Business MIS CareersMIS Careers IS Opportunities and ChallengesIS Opportunities and Challenges

Dr. S. Loizidou – ACSC345Dr. S. Loizidou – ACSC345 33

Computer LiteracyComputer Literacy

““To err is human, but to really foul things up To err is human, but to really foul things up requires a computer”requires a computer”

- Anonymous- Anonymous

Dr. S. Loizidou – ACSC345Dr. S. Loizidou – ACSC345 44

What is MIS?What is MIS?

Identifying the Identifying the informationinformation that is needed for that is needed for effective effective decisiondecision makingmaking in organizations in organizations

Developing information systems to satisfy Developing information systems to satisfy those needsthose needs

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What is MIS?What is MIS?

In other words…..In other words…..

“ “ MIS is using technology toMIS is using technology to

create business value.”create business value.”

Dr. S. Loizidou – ACSC345Dr. S. Loizidou – ACSC345 66

What do MIS professionals What do MIS professionals do?do?

BUSINESSBUSINESS

TECHNOLOGY

MIS

Bridge the gap between business and technical minds

Dr. S. Loizidou – ACSC345Dr. S. Loizidou – ACSC345 77

Information Systems (IS)Information Systems (IS)

A set of interrelated components A set of interrelated components that collect (or retrieve), process, that collect (or retrieve), process, store, and distribute information to store, and distribute information to support decision making and support decision making and control in an organizationcontrol in an organization

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Activities in an ISActivities in an IS

INPUT PROCESS OUTPUT

FEEDBACK

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IS and Decision MakingIS and Decision Making

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Managerial LevelsManagerial Levels

Senior managers: long-range strategic Senior managers: long-range strategic decisions about products and servicesdecisions about products and services

Middle managers: Carry out the programs Middle managers: Carry out the programs and plans of senior managementand plans of senior management

Operational managers: monitor the firm’s Operational managers: monitor the firm’s daily activitiesdaily activities

Dr. S. Loizidou – ACSC345Dr. S. Loizidou – ACSC345 1111

Data versus InformationData versus Information

To make good decisions, accurate data To make good decisions, accurate data can be transformed into information.can be transformed into information.

Information Processing CycleInformation Processing CycleInput Input Process Process Output Output Storage Storage(Data) (Information)(Data) (Information)

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Data versus InformationData versus Information

Data and Information

Dr. S. Loizidou – ACSC345Dr. S. Loizidou – ACSC345 1313

Characteristics of GoodCharacteristics of GoodInformationInformation

Subjective ValueSubjective Value RelevantRelevant TimelyTimely AccurateAccurate Meaningful FormatMeaningful Format CompleteComplete AccessibleAccessible

Dr. S. Loizidou – ACSC345Dr. S. Loizidou – ACSC345 1414

IS and TechnologyIS and Technology

Hardware, software, databases, Hardware, software, databases, networks and other related networks and other related componentscomponents

Computers and other technologies are Computers and other technologies are used to build information systemsused to build information systems

What technology should be used?What technology should be used?

Dr. S. Loizidou – ACSC345Dr. S. Loizidou – ACSC345 1515

Information Systems inInformation Systems inBusinessBusiness

Functional Areas of BusinessFunctional Areas of Business– Sales and MarketingSales and Marketing

– Manufacturing / ServiceManufacturing / Service

– Finance / AccountingFinance / Accounting

– Human ResourceHuman Resource

Cross FunctionalCross Functional

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Widening Scope of ISWidening Scope of IS

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Careers in MISCareers in MIS

What does it take to succeed?What does it take to succeed?

SOFT SKILLSCommunicationTeamworkPatienceCreativityDecision Making

TECHNICAL SKILLSTechnical CuriosityProblem SolvingAnalyticalProgrammingSynthesis

BUSINESS SKILLS!

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Careers in MISCareers in MIS

Project Managers / CIOProject Managers / CIO System DesignSystem Design Software DesignSoftware Design InternetInternet DatabaseDatabase Network / TelecommunicationsNetwork / Telecommunications System AnalystSystem Analyst

Dr. S. Loizidou – ACSC345Dr. S. Loizidou – ACSC345 1919

MIS Career Outlook – GREAT!MIS Career Outlook – GREAT! Pays well too! Pays well too!

Network systems & data communications Network systems & data communications analysts analysts

- Computer software engineers, applications - Computer software engineers, applications

- Personal financial advisors- Personal financial advisors

- Financial analysts- Financial analysts

- Substance abuse and behavioral counselors- Substance abuse and behavioral counselors

Dr. S. Loizidou – ACSC345Dr. S. Loizidou – ACSC345 2020

IS OpportunitiesIS Opportunities

Increase worker productivityIncrease worker productivity

Enhance decision makingEnhance decision making

Improve team collaborationImprove team collaboration

Create business partnerships and alliancesCreate business partnerships and alliances

Enhance global competitivenessEnhance global competitiveness

Support corporate strategySupport corporate strategy

Improve quality of goods and servicesImprove quality of goods and services

Rapidly changing technologyRapidly changing technology

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IS ChallengesIS Challenges

Workforce downsizingWorkforce downsizing

Information overloadInformation overload

Employee mistrustEmployee mistrust

Difficult to buildDifficult to build

Security breachesSecurity breaches

Rapidly changing technologyRapidly changing technology