TAILIEUCHUNG - MBA In A Day Chapter 12

Chapter 12. Management Information Systems. How have management information systems (MIS) and information technology (IT) had such a profound impact on business in the past 10 years? Maybe the better question to ask is has information technology changed business or has business actually created information technology in the past 10 years? | Management Information Systems How have management information systems MIS and information technology IT had such a profound impact on business in the past 10 years Maybe the better question to ask is has information technology changed business or has business actually created information technology in the past 10 years Surprisingly if we take a look at business in the 1990s it s actually less about technology and more about competition A continued focus on increased productivity and efficiency has intensified competition and driven business toward technology. However as Diana Farrell relates in the Harvard Business Review With the technology sector in shreds more than a few believe that IT changed scarcely anything in business at all. Today s business owner or professional can tell that technology does in fact play a key role in the day-to-day operations. In fact some businesses no longer even have a tangible presence but rather exist only in cyber-land. The transformation from bricks-and-mortar businesses into e-businesses has leveled off but the role of technology and management information systems in business is undeniable. In this chapter we focus on giving an overview of the essentials for today s cyber-environment and technology-driven organizations and give a particular focus to MIS. 228 TLFeBOOK Management Information Systems 229 MANAGEMENT INFORMATION SYSTEMS Management information systems can be described as tools that help managers organize and make decisions from their data. More simply effective MIS aids communication. Unsurprisingly it s still true that people generally accomplish more together than they do apart and the old concept of collaboration and communication is still at the core of business. Management information systems strive to efficiently collect format and communicate information to a wide variety of people. A number of software packages and applications designed to help you collaborate more and communicate better will be described .

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