Experiencing MIS 8th by m kronenke chapter 0

Systems thinking skills... Q4: Why is the difference between information technology and information systems important?. • Message: Develop strong non-routine cognitive skills... several

The Importance of MIS

Chapter 1

“But Today, They’re Not Enough.”

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Jennifer lacks skills AllRoad Parts needs

1 Abstract reasoning skills

2 Systems thinking skills

3 Collaboration skills

4 Experimentation skills

Study Questions

Q1: Why is Introduction to MIS the most important class in the business

school?

Q2: What is MIS?

Q3: How can you use the five-component model?

Q4: Why is the difference between information technology and information

systems important?

Q5: What is information?

Q6: What are necessary data characteristics?

Q1: Why Is Introduction to MIS the Most Important

Class in the Business School?

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Moore’s Law

chip doubles every 18 months.”

Computer Price/Performance Ratio Historical

Trend

What Are the Cost Effective Business Applications of

Facebook, Twitter, or Whatever Will Soon Appear?

• Are Facebook’s “Like” and Twitter’s “Follow” applications

cost-effective? Do they generate revenue worth and expense of running them? What about cloud apps?

• Marketing people, not in a technical specialist, must answer those

questions.

How Can I Attain Job Security?

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• Only job security is a marketable skill and courage to use it

• Any routine skill can and will be outsourced to lowest bidder

• Message: Develop strong non-routine cognitive skills.

What Is a Marketable Skill?

How Can Intro to MIS Help You Learn Non-Routine Skills? (cont’d)

• Systems Thinking

outputs among components to reflect structure and

dynamics of system observed

alternative systems; apply different systems to different

situations

goal, result, or work product

several sample collaboration information systems

How Can Intro to MIS Help You Learn Non-Routine Skills? (cont’d)

• Ability to Experiment

evaluating possible solutions

• Avoid "Fear of failure paralyzes".

Job Growth over the Past Twenty Years

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Bottom Line of MIS Course

What Is MIS (cont’d)

Management

take an active role in system’s development Why?

• Business professionals use cognitive skills to understand

business needs and requirements

Development and Use of Information Systems

• Business professionals need to:

the benefits?”

Q3: How Can You Use the Five-Component

Model?

ability to conceive information from data.

Characteristics of the Five Components (cont'd)

• High-tech versus low-tech information systems

• Understanding scope of new information systems

• Components ordered by difficulty and disruption

Why Is the Difference Between Information Technology and Information Systems Important to You?

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• Avoid a common mistake: Cannot buy an IS.

and predesigned procedures

• People execute procedures to employ new IT

• Use of a new system requires training, overcoming employees’ resistance, and managing employees as they use new system

So What? What’s Your Number?

• Sum Costs :

– Tuition and textbooks – Housing cost (dorm or rent)– Food and entertainment – Transportation and other fees– Computing equipment, supplies, etc.

• Divide by total number of credit hours you're taking.

• Multiply cost per hour by length of class (1 hr., 1.5 hrs., 3 hrs.)

So What? What’s Your Number? (cont'd )

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• Assume you learned:

information systems technology to business

collaboration, and experimentation

software, data, procedures, people

Q4: Why Is the Difference Between IT and IS

Q5: What Is Information?

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Definitions vary:

1 Knowledge derived from data, where data are

recorded facts or figures

2 Data presented in a meaningful context

3 Processed data, or data processed by summing,

ordering, averaging, grouping, comparing, or other similar operations

4 A difference that makes a difference

Where Is Information?

• Graph is not, itself, information

Amazon.com Stock Price and Net Income

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Q6: What Are Necessary Data Characteristics?

Immanuel Kant

• Categorical imperative

want the behavior to be a universal law.

world?

• Perfect duty - behavior must always be met (Not lying)

• Imperfect duty - a action praiseworthy, but not required

abilities

Imperfect Duty of Business Professionals

• Cultivating your talent is an imperfect duty—professional

responsibility

• Obtaining skills necessary to accomplish your job

• Continuing to develop business skills and abilities

throughout your careers

• Will people still go to work?

• Will people be employees of organizations?

• Will classrooms be needed?

Security Guide: Password Etiquette

• Never write down your password

• Never ask someone for their password

• Never give your password to someone

• “do-si-do” move—moving away so another person can

enter password privately—common professional practice

• Does not contain a complete dictionary word in any language.

• Different from previous passwords used

• Contains both upper- and lowercase letters, numbers, and

special characters (such as ˜ ! @; #

• $ % ^; &; * ( ) _ +; – =; { } | [ ] \ : “ ; ’ <; >;? , /)

Guide: Five-Component Careers

Q3: How can you use the five-component model?

Q4: Why is the difference between information technology and

information systems important?

Q5: What is information?

Q6: What are necessary data characteristics?

Q7: 2025?

Case Study 1: zulily

• What is their business model?

women’s clothes, accessories, and décor items

shopping experience to mothers, name brand goods, unique and difficult-to-find off-brands, at substantial discounts

Case Study 1: zulily (cont'd.)

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How They Do It

• Buyers identify goods to be sold, negotiate with vendors

• Photographs sample items in-house, write ad copy

• Group items for three-day sales events

• After event closes, zulily orders items from vendor, receives,

packages, and ships to customers (maintains no inventory)

• Vulnerable to vendors errors and mistakes

Use of Technology

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• Internet, mobile technology compatibility

• Developed a proprietary technology platform to handle

enormous spikes in web processing demand

• Extensive data collection and analytics capabilities

Growth-Management Problems

• “To support continued growth, we must effectively integrate,

develop and motivate a large number of new employees, while maintaining our corporate culture In particular, we intend to

continue to make substantial investments to expand our

merchandising and technology personnel.”

• http:// www.sec.gov/Archives/edgar/data/1478484/000144530514000741/zu-12292013x10k.htm

• Applied it to a business opportunity.

• Managerial skill to develop that idea