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Management Information Systems -MGMD 233 -INTRODUCTION-. AMN 2012/2013. INTRODUCTION TO MIS. What is MIS? Planning for, development, management, and use of IT tools to help people to performs all tasks related to information processing & management.
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Management Information Systems-MGMD 233-INTRODUCTION- AMN 2012/2013
INTRODUCTION TO MIS • What is MIS? • Planning for, development, management, and use of IT tools to help people to performs all tasks related to information processing & management. • Deals with coordination & use of 3 very important organizational resources:-
MIS RESOURCES INFORMATION • Intellectual assets hierarchy:- • Data is raw facts that describe a particular phenomenon. • Information is data that have a particular meaning within a specific context. • Business intelligence (BI) is a collective information of customers, competitors, business partners & competitive environment.
MIS RESOURCES • Defining Information Quality
MIS RESOURCES • Flows of Information
MIS RESOURCES • Information will describes…
MIS RESOURCES PEOPLE • The most important resource in any organization, with a focus on:-
MIS RESOURCES TECHNOLOGY • Computer based tools that people use to work with information.
IMPACT OF IT Fixed Costs, Variable Costs, Revenue. Porter’s Five Forces Model - helps business people understand the relative attractiveness of an industry and the industry’s competitive pressures Michael Porter’s Three Generic Strategies.
What is MSC? • It was officially inaugurated by the 4th Malaysian Prime Minister Mahathir Mohamad on 12 February 1996. • It was crucial to accelerate the objectives of Vision 2020 and to transform Malaysia into a modern state by the year 2020, with the adoption of a knowledge-based society framework
Malaysia 7 Flagship • To achieve the objectives of Vision 2020, 7 innovative flagship applications was planned for implementation. • These applications were developed to kick start the MSC Malaysia initiative & create an innovative multimedia utopia for entrepreneurs & consumers, which is involves various multimedia technology fields. • The Multimedia Super Corridor (MSC) offers attractive initiatives for Malaysians in the era of information.