What is Information Technology (IT)?
A field concerned with the use of technology in managing and processing information. Information technology is an important enabler of business success and innovation.
What is Management Information Systems (MIS)?
A general name for the business function and academic discipline covering the application of people, technologies, and procedures to solve business problems. MIS is a business function, similar to Accounting, Finance, Operations, and Human Resources.
When beginning to learn about information technology it is important to understand:-
- Data, information, and business intelligence IT sources
- IT cultures
Information
- Data - Raw facts that describe the characteristic of an event
- Information - Data converted into a meaningful and useful context
- Business Intelligence - Applications and technologies that are used to support decision-making efforts
Business Operations
Organizations typically operate in functional areas or functional silos. Functional areas are interdependent.
IT Resources
- People use
- Information technology to work with
- Information
What is Information-Functional Culture?
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.
What is Information-Sharing Culture?
Employees across departments trust each other to use information (especially about problems and failures) to improve performance.
What is Information-Inquiring Culture?
Employees across departments search for information to better understand the future and align themselves with current trends and new directions.
What is Information-Discovery Culture?
Employees across departments are open to new insights about crisis and radical changes and seek ways to create competitive advantages.
"Information technology is everywhere in business"
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