Ms .Sareeta Pradhan IITTM, Bhubaneswar
Ms .Sareeta Pradhan IITTM, Bhubaneswar
Ms .Sareeta Pradhan IITTM, Bhubaneswar
com
7/20/2013 1
Recommended Text :
7/20/2013
7/20/2013
How modern information technologies are relevant to managerial activities and decision making today, and how this has changed over time.
The marketplace for IT - products, major vendors, factors affecting major IT-related decisions
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Text Books Power Point Lectures Reading Assignments & Presentations Case studies
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Weightage Week
All 4th 8th end
Total
50
6
7/20/2013
7-Aug-08
Example
Buying and selling text book
Old
Visit the bookstore
New
Visit web site for publishers and retailers Access campus web site Use digital camera
Walk around campus to Departments, Registrars office, etc. Buy film, use camera, take picture, take it for processing
Photography
Topics to be covered
Definition - refers to both the hardware and software that are used to store, retrieve, and manipulate information. Or Technology That Permits Us To Capture, Validate, Store, Retrieve, Analyze, Present, Disseminate, And Archive Information
Computer-based information systems to convert, store, protect, process, transmit and retrieve information.
The Components
Participants
Time Dimensions
Having access to information when you need it Having information that describes the time period you are considering
For any business firm you work or run you have to know the various dimension of information
They are :
What Information Flows What information describes Information Granularity How information flows .
Information Flows
Customer ,Suppliers and partners Current state
Information Granularity
Strategies ,Goals
Internal information Operational aspects External Information Information of the surrounding Objective quantifiable Subjective information that is not known
Technology
I/O devices Storage devices CPU RAM Telecommunication Devices Connecting devices
Major Objectives To allow interactivity ,a time and labor saving procedure for tasks
formerly rendered by human operators
Enhancing Efficiency Reduce wastage Ensure better coordination Flexibility in production along with adaptation of quantity and quality of products of market trends.
A weapon to maintain or enhance competitiveness
Scope
Achieving operational excellence Developing new products and services Improving decision making Achieving competitive advantage
Information/Digital/Wireless Age/
Knowledge is power
Know your competition Know your customers CRM Work Closely with business partners SCM Know how each & every part of organization works together to provide products and services ERP
DIGITAL-NOW ECONOMY
The digital economy is an economy based on digital technologies, including communication networks (the Internet, intranets, and extranets), computers, software, and other related technologies. Also called the Internet economy, the new economy, or the Web economy . Digital infrastructures provides a global platform over which people and organizations interact, communicate, collaborate, and search for information.
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A huge number of digitizable products; that is products that can be converted to digital format. Most common are: books, movies, magazines, TV and radio programming, electronic games, music CDs and computer software. Consumers and firm conducting financial transaction digitally. Physical goods such as home appliances and automobiles that contain embedded computer chips and connectivity capabilities.
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7-Aug-08
Technology
Roles /Goals
Increase productivity of employee Enhance decision making
IT tools
OLTP TPS CIS
Advantages
Reduce time ,errors ,costs ,handle own transactions Generate Alternative s Recommend solutions Mining of data Mange knowledge within organization, support geographically dispersed teams, facilitate communications ,Develop applications quickly Manage supply chains ,share expertise and intellect Online transaction Take advantage of cheaper /larger work force
OLAP DSS GIS EIS AI Data ware houses Collaboration systems Groupware
EDI
Just about any technology you can name ,depending on its use
CASE STUDY
A written record of the events that occurred at a particular company or within a particular industry over a number of years.
Information about a company, industry, or project Objectives, strategies, and challenges established and encountered Responses, results, and recommendations
Provides experience with illustration Opportunity to learn types of problems that many companies and industries encounter. Helps to analyze the steps other managers have taken to correct specific problems and concerns. Enhance the ability of solving skills
Clear understanding of the issues that the company or industry faced. Read the case thoroughly before you start. Take notes as you read and when you have finished, consider re-reading the case just to make sure you havent missed anything.
Guidelines
Cover Page
Assignment-I Topic :