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Information Systems in Organizations: Leaner, Flexible, and Networked Operations, Exercises of Business Fundamentals

The benefits of applying information systems in organizations, focusing on leaner organizations, more flexible operations, mass-customization, increased collaboration, networking and the virtual company, greater independence of company and workplace, and improved management processes. It also introduces enterprise resource planning (erp) and different types and levels of information systems.

Typology: Exercises

2011/2012

Uploaded on 08/08/2012

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Download Information Systems in Organizations: Leaner, Flexible, and Networked Operations and more Exercises Business Fundamentals in PDF only on Docsity! Introduction to Business –MGT 211                                                                                                        VU    Lecture 42    APPLICATION OF INFORMATION SYSTEM IN THE  ORGANIZATION  New Options for Organizational Design: The Networked Enterprise  i. Leaner Organizations—Networked  firms can accomplish more work  with fewer resources.   ii. More Flexible Operations—Electronic networks allow businesses to  offer customers greater variety and faster delivery cycles.   1. Mass‐customization—Flexible  production  process  that  generates customized products in high volumes at low cost   iii. Increased  Collaboration: Networked  systems make  it  cheaper  and  easier to work together.   1. Networking  and  the Virtual  Company: Networked  systems  can  also  improve  collaboration  between  organizations  through the so‐called virtual company   iv. Greater  Independence of Company and Workplace: Employees no  longer need to work only at the office or the factory, nor are all the  company’s  operations  performed  at  one  location.  Geographically  separate processes can be tightly coordinated via networking.   v. Improved  Management  Processes:  Because  instantaneous  information is accessible in a convenient usable format, more upper  managers  use  it  routinely  for  planning,  leading,  directing,  and  controlling operations.   Enterprise Resource Planning (ERP)    A system that helps the organization in planning its resources using computerized system.  Resources can be:  • Financial resources  • Administrative resources      Types of Information Systems  Organizations  depend  on  quality  information  to  make  good  decisions  and  help  them  accomplish their goals. To design and develop good information systems, companies hire a  © Copyright Virtual University of Pakistan  180 docsity.com Introduction to Business –MGT 211                                                                                                        VU  top‐level manager  known  as  a  CIO.  A  Chief  Information Officer  (CIO)  is  a  strategic‐level  manager who oversees the company’s information systems.    Types & levels of Information Systems in any organization can be:   • Information system for top management.  • Information system for middle management.  • Information system for lower management.    Information system for Departments    Separate  information  system  is  designed  for  every  department  while  keeping  in  view  demands & requirements of each department.   Knowledge Workers  An  increasingly  important group of employees who use  information and knowledge as the  raw materials of their work, and who rely on technology to design new products or business  systems (e.g. engineers, scientists, computer programmers, etc.).   Considerations of Users for Information System  Managers at Different Levels: First‐line managers need information on the day‐to‐day  details of  their departments or projects.  Middle managers need  summaries and analyses  for  setting  intermediate and  long‐range goals  for  their departments or projects.  And  top  managers need information on broader economic and business trends, and overall company  performance.   Functional  Areas  and  Business  Processes:  Each  business  area  (e.g.  marketing,  finance)  has  its  own  information  requirements,  and  each business process  (e.g.  strategic  planning, product development) also has specific information needs.   Management Information System (MIS)  A system which helps management in decision making  MIS provides information regarding decision making of management.     Decision Support System (DSS)  A system which supports the decision of the management is called Decision support system.  Pool of information is gathered after various internal & external researchers and this system  provides a proper form to make this information functional for decision making.     © Copyright Virtual University of Pakistan  181 docsity.com
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