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Tutor Dr Chan Cheah chan.cheah@monash or Chancheah@gmail

Tutor Dr Chan Cheah chan.cheah@monash.edu or Chancheah@gmail .com. Quick Test. So, what are the important concepts you need to know?. Please. From Data to Wisdom. What is Information?. Structural makeup of information. Characteristics High production costs Little replication costs

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Tutor Dr Chan Cheah chan.cheah@monash or Chancheah@gmail

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  1. TutorDr Chan Cheahchan.cheah@monash.eduor Chancheah@gmail.com

  2. Quick Test So, what are the important concepts you need to know? Please

  3. From Data to Wisdom

  4. What is Information? Structural makeup of information Characteristics High production costs Little replication costs Little distribution costs Incurs sunk costs in creating & maintain it Different carriers Not consumed by use – is reusable Economics of Info Services Are customisable Have time based lifecycle  time valued Can create profits Increasing Organisation Meanings Intuitive Knowing Wisdom Applied knowledge Books, paradigms, info systems, lit. writings, principles, beliefs Knowledge Organised Information Chapters, theories, axioms, conceptual models, stories, facts Information Linked Data Sentences, paragraphs, equations, concepts, ideas, questions Data Increasing reusability Discrete Elements Words, numbers, code, database contents

  5. Value of Information Worth of acquiring information for decision making Extended non-unit knowledge – click here The Power of GIS (geographic information sciences)– 7.47m https://www.youtube.com/watch?v=nb0vgYPiXQk Outcomes  Decisions Predict Analyse Apply Synthesize Report Collect Discussion Why is it important for functional managers to be involved in the decision of IT/IS?

  6. Information Systems Vs Information Technology 10 Future Technologies that already exist – 2.01m https://www.youtube.com/watch?v=imbFjtX0Gc0 SO What is information technology? What is information System? Technical Components

  7. What’s IT/IS?

  8. Information Systems Vs Information Technology IS People Contents IT Technology Process Hardware Software Structures

  9. System Effects Whole of System Effects From Interacting Components Social People Technical Technology Process Structures Discussion Why it is important for a business manager to be aware of these systemic effects?

  10. IT/IS Management Functions Work force Guidance Leading Taking charge Motivating Knowledge Transfer Organising Identifying & allocating Who, what, when and how to do Planning What to achieve? How to achieve? Resource Allocation Mgt Goals setting & planning Controlling Monitoring Fixing variances Dealing with risks Monitoring Performance & correcting variances

  11. IS/IT Workgroups /Lecture Themes Cross Reference IS/IT Management Workgroups (Functions)

  12. IT/IS impacts + Planned &Accidental Benefits &Negatives Economic Environment Liveability Quality of Life Factors Employment Affordability Financial Capacity Health & Well Being Quality Places Feeling Good Discussion Drawing on your own experience, give an example of unintended outcome of an IT system

  13. Why invest in IT/IS?

  14. Why invest in IT/IS? 3.1 Always needing info on the go for Competitive Positioning 1 All organisations use, process and produce information 2 Statutory Requirements need lots of info reporting 3.2 Always needing info on the go for enabling continuously improving Efficiency & Effectiveness

  15. IT/IS within an organisation context

  16. Organisational Contexts of IT/IS • Opportunistic Prospecting • Defending • Mix - analytical Strategy Business Case/Aims Organisational & ICT EnabledFunctional Scope & Capabilities Culture Infrastructure Useability Resources United As One Supporting Diversity Fragmented & in Rivalry Business AnalyticsRequirements Showed leadership style influences org/ team culture External Environment

  17. IT/IS initiator & enabler of Organisation Changes

  18. Change Concepts Change Outputs Impact Outcomes Automate Processes Efficiency Workflows InformateInformation Savvy People Capabilities Org Intelligence Transform Structures Reconfiguration Discussion Does the introduction of an IT system always cause these 3 types of changes?

  19. IT/IS Managers – Career development Patterns Business Training With Add-on IS/IT specialisation Common Skills Common Responsibilities IT/IS Training With Add-on business specialisation

  20. Case Study Your Assignment WiFi Feasibility Study for MacD

  21. Research Task Oracle Vs Peoplesoft Hmmm ...... food for thought: Why are people important in IT/IS affairs?

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