Professional Documents
Culture Documents
01 Intro To MIS
01 Intro To MIS
• Plagiarism
– ZERO on first attempt
– Submission to the Department on second attempt
Reading Assignments
• The 7 Habits of Highly Effective People by
Stephen Covey
• How to Win Friends and Influence People by
Dale Carnegie
• Think and Grow Rich by Napoleon Hill
• 21 Lessons for the 21st Century by Yuval Noah
Harari
Research Project
• Areas of Research:
– Mobile Technology -Technology Convergence
– Cloud Computing -Augmented/Virtual Reality
– Big Data -Robotics
– Blockchain -IoT
– AI -Nanotechnology
• Requirements:
– Literature Review Report
– Presentations
Case Studies
• Situation – What is the company doing? Under
what circumstances? With what results?
• Strategy – What’s the current business and
technology strategy?
• Issues and Options – What are the critical issues
and associated options?
• Analysis – Analyze each option
• Recommendations – What will you recommend?
Be specific and demonstrate the benefits.
Important Dates
Book 1 Reading February 27
Data:
Facts and Statistics in raw form
No Meaning
45, 23, 67, 82, 71
Blue, Red, White
Left, right, straight, down, up
Data, Information & knowledge
Information
Meaningful and useful interpretation of data
that can be used in making decisions.
Age of applicants: 45, 23, 67, 82, 71
Color of cars: Blue, Red, White
Hidden Gift: Left, right, straight, down, up
Societies mainly depend on the information
Data Process Information
Data, Information & knowledge
Knowledge
A fluid mix of framed experience, values, contextual
information, expert insight and grounded intuition
that provides an environment and framework for
evaluating and incorporating new experiences and
information. According to Wiki.
Facts, information, and skills acquired by a person
through experience or education.
The application of data and information – answers
the how questions
Wisdom
• Knowledge rightly applied.
• Evaluated understanding
• Essence of philosophical probing
• Critically questions, particularly from a human perspective of morals and
ethics
A Sequential Process of Knowing
We know more than we can tell.”
(Michael Polanyi, 1966)
Service an AC
Tacit Knowledge
Highly personal:
Hard to formalize;
Difficult (but not impossible) to articulate;
Often in the form of know how.
The chair in the living room is red. The chair in the dining
room is red. The chair in the bedroom is red. All chairs in
the house are red.
•Decision-making
•Problem-solving
•Entertainment
•Enlightenment
The Uptake of Information:
Emergence of the global economy
• Competition
• 24x7
• Global village
• Travel
• Media
The Uptake of Information:
Transformation of industrial
economies
• Knowledge- and information-based economies in
developed world
• Knowledge: a central productive and strategic asset
• High margin and tougher to replicate
• Marked by time-based competition, shorter product
life, and turbulent environment
• Allows some poorer economies to leapfrog in status
(e.g., Finland, India and Pakistan)
Growth of Information Economy
The Uptake of Information:
Transformation of the modern
enterprise
People use
Information technology to work with
Information
Hardware
Software
Backup data
Restart job
Virus scan
People Databases
Procedures
MIS should be:
• Common database: This is the basic feature of
MIS to achieve the objective of using MIS in
business organizations.
• Computerized: MIS can be used without a
computer. But the use of computers increases the
effectiveness and the efficiency of the system.
• User friendly/Flexibility: An MIS should be
flexible.
• Information as a resource: Information is the
major ingredient of any MIS.
Important objectives of MIS
• Must support the strategic direction of
organization
• Must allow access to a broad group of users
• Must enhance organizational learning
• Must do in a cost-effective manner
Outputs Of MIS
• Scheduled reports which
are produced periodically,
or on a Schedule (daily,
weekly, monthly).
• Key-indicator report
which summarizes the
previous day’s critical
activities and also it is
typically available at the
beginning of each day.
Scheduled Report Example
Key Indicator Report Example
Outputs Of MIS
• Demand report which
gives certain information
at a manager’s request.
• Business intelligence
– Data and software tools for organizing and analyzing
data
– Used to help managers and users make improved
decisions
MIS
Business R&D
trans- MIS Basic Reports
actions
HR Drill Down Reports
Transaction MIS Exception Reports
Data Demand Reports
Marketing Scheduled Reports
TPS MIS
Key-indicator
Financial
Reports
MIS
Manufacturing
External MIS
Data
Other ...
MIS
How MIS Obtain Their Data