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Information Technology for Management - An Introduction

Decision Making and Managerial Effectiveness Decision Making is the prime responsibility Effectiveness Depends upon awareness of Internal and External Environment Pervasiveness of Information Changing Decision Making Scenario

Declining margins Rapid change in Technology Increased Knowledge Intensity Scattered Resources Demanding Customer Higher Scale of Operation Changing Decision Making Scenario

[object Object],[object Object],[object Object],[object Object],There are four reasons why IT makes a difference to the success of a business: Why Information Systems Matter

[object Object],[object Object],[object Object],[object Object],WHY INFORMATION SYSTEMS? Capital Management

[object Object],[object Object],[object Object],[object Object],WHY INFORMATION SYSTEMS? Foundation of doing business

[object Object],[object Object],[object Object],WHY INFORMATION SYSTEMS Productivity

[object Object],[object Object],[object Object],[object Object],WHY INFORMATION SYSTEMS Strategic Opportunity and Advantage

[object Object],[object Object],Strategic Opportunity and Advantage:

[object Object],[object Object],[object Object],How Much Does IT Matter ?

[object Object],[object Object],[object Object],[object Object],[object Object],Why IT Now? Digital Convergence and the Changing Business Environment Growing impact of IT in business firms can be assessed from the following five factors:

[object Object],[object Object],[object Object],[object Object],Internet growth and technology convergence

[object Object],[object Object],[object Object],Transformation of the Business Enterprise :

[object Object],[object Object],[object Object],Rise of the Information Economy :

[object Object],[object Object],[object Object],[object Object],Rise of the Information Economy :

[object Object],[object Object],[object Object],Emergence of the Digital Firm:

Data, Information & Knowledge ,[object Object],[object Object],[object Object],[object Object]

Hierarchy of Information 3 rd Generation (2003) _____________________________________________________________________________________________________ 2 nd Generation (1996-2002 ) _____________________________________________________________________________________________________ 1 st Generation (1990s ) Charts Intelligence Knowledge Information Data Data & Information

Information as a Corporate Resource ,[object Object],[object Object],[object Object],[object Object],[object Object],Quality of Information Accuracy, Promptness, Precision Completeness, Un-ambiguity

Process of Generation of Information ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Information Needs of Business ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Strategic Information ,[object Object],[object Object],[object Object],[object Object],[object Object]

USING INFO SYSTEMS AS A STRATEGIC TOOL

Levels of Management and Type of Information Lower Middle Top Strategic Tactical Operational

Defining Business Information System ,[object Object],[object Object],[object Object]

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