1-2-3 Flashcards
Digital Transformation
Digital Transformation – improve/new business processes
What is an Information System?
• A system that collects, processes, stores, analyzes, and disseminates information for a specific purpose.
These are the applications/programs that businesses use to perform the different processes/functions that are a part of doing business.
Business Processes: 3 key elements
Inputs: materials, services, and information that flow through and are transformed as a result of process activities
Resources: people and equipment that perform process activities
Outputs: the product or a service created by a process
Define Business Processes
related activities that create a product or a service
What is Business Process Improvement (BPI)
Most organizations prefer BPI because it is less risky and less
BPI focuses on reducing variation in the process outputs by searching for root causes of the variation in the process itself or among the process inputs.
BPI is usually performed by teams of employees that include a process expert (usually the manager who is over the process).
Important to include “front-line” workers who have a unique perspective because they are directly involved in the process/tasks daily. [Bottom-up approach]
2 popular methods of Business Process Improvement (BPI)
2 popular methods for BPI initiatives are Six Sigma and LEAN
Six Sigma was created by employees at Motorola in the 1980’s (became famous when promoted by GE) Goal is to have no more than 3.4 defects (faulty product or unsatisfactory service) per million outputs Uses statistical methods to analyze the process
LEAN was created by a Toyota engineer in the 1980’s (the term was coined by a MIT professor). Continuous process improvement focused on reducing waste looking at value from the customer’s point of view.
5 Phases of BPI DMAIC
Define, Measure, Analyze, Improve, and Control
5 Phases of BPI
Define, Measure, Analyze, Improve, and Control
2 Important Components of Business Process Management
Important components of BPM are process modeling and business activity monitoring (BAM)
Define Geofencing
A geofence is a virtual perimeter for a real-world, physical geographic area.
Define Photo-Tagging
Photo tagging is the process of assigning names to images of people. Facial recognition software then indexes facial features
Ethics and Information Technology
4 Issues
Privacy issues
Accuracy issues
Property issues
Accessibility issues
Privacy issues
collecting, storing, and disseminating information about individuals
Accuracy issues
the authenticity, fidelity, and correctness of information that is collected and processed
Property issues
ownership and value of information