BUSINESS DRIVEN TECHNOLOGY
Information Technology's Role In Business
Information technology is everywhere in business.
Information Technology (IT)
- a fields concerned with the use of technology in managing and processing information.
IT is an important enable of business success and innovation.
Management Information system (MIS)
-a general name for the business function and academic discipline covering the application of people, technologies, and produces.
-collectively called information systems.
-to solve business problems.
MIS is a business function, similar to Accounting, Finance, Operation, and Human Resources.
When beginning to learn about information technology it is important to understand the following :
- Data, information, and business intelligence
Data, Information, BI
-raw facts that describe the charateristic of an event
-data converted into a meaningful and useful context
-applications and technologies that are used to gather, provide access to, and analyze data and information to support decision-making efforts
Data in an Excel Spreadsheet
Data turned into information
Information turned into Business Intelligence
Information technology to work with
Organizational information cultures include:
-Employees use information as a means of exercising influence or power over others. For example, a manager in sales refuses to share information with marketing. This causes marketing to need the sales manager’s input each time a new sales strategy is developed.
-Employees across departments trust each other to use information (especially about problems and failures) to improve performance.
-Employees across departments search for information to better understand the future and align themselves with current trends and new directions.
-Employees across departments are open to new insights about crisis and radical changes and seek ways to create competitive advantages.