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SESSION 1

MARKS DISTRIBUTION
End Term Exam
Quiz
Mid Term Exam
Project

:
:

: 35 marks
30 marks (310marks)
: 25 marks
10 marks

BOOKS
Laudon, Laudon and Dass
Schulthesis and Sumner
Shelly, Cashman and Rosenblatt

DEFINITIONS
Data: Streams of facts representing events
occurring in organizations or the physical
environment.
Information: Data that has been shaped into
some meaningful form that can be useful for
decision making.
Information Systems consist of a set of
interrelated components that collect, process,
store and distribute information in an
organization.

INVESTIGATING INFORMATION
SYSTEMS: DIFFERENT
PERSPECTIVES
Technical Perspective
Behavioral Perspective
Socio-metric Perspective

THE INFORMATION AGE


The engine for any economic growth is
accumulation of capital. Adam Smith.
What is capital?

Money

Money,

division of labor
Management capital (Man, Money, Material and
Machine)
Knowledge

RESULTS OF INFORMATION AGE

Increase emancipation from of man from labor


for subsistence.
Free time to be divided into 3 parts
1.
2.
3.

Leisure time
Upgrading/honing skills required to use IT
Preparation for better social life.

Unemployment?
Social restraint
Invasion of Privacy

PROPOSED SOLUTIONS (MASUDA)

1.

Creation of knowledge
Problem Solving
a.
b.
c.

Forecasting
Discovering unknown
Solving complex problems

Opportunity Development

CHARACTERISTICS OF
INFORMATION AGE
Knowledge workers.
Distributed society.
Less hierarchy.
Participatory government as opposed to
parliamentary govt.

- Yoneji Masuda (Father of the Information Age)

LEVELS OF IS
Operational
Tactical
Strategic Planning

A COMPARISON OF THE DIFFERENT


LEVELS OF IS
Characteristic

Operational

Tactical

Strategic

Frequency

Regular

Regular

Ad hoc

Dependability

High

Some
unexpected
outcomes

Often
unexpected
outcomes

Coverage

Detailed

Summary

Summary

Sources of Data

Internal

Both

Mainly
External

Accuracy

High

Subjective

Subjective

User

Supervisors

Middle
Management

Top
Management

Decision

Task Oriented

Resource
Allocation

Goal Oriented

WHAT IS AN INFORMATION SYSTEM


It is a set of procedures organized to generate
information that enables the management to
review operational, tactical and strategic
planning activities.
A MIS provides information for effective planning
and decision making.

FEATURES OF MIS
Provide reports to managers on organization
performance
Serves at the control level
Address structured questions
Relies on existing data

THE EMERGENCE OF MIS


Emergence of global economy
Transformation from industrial economies to
knowledge based economies.
Emergence of the digital firm.

THANK YOU

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