Exam 1 Flashcards
Goal of MIS
Managing information systems to achieve business strategies
Components of an info system
hardware, software, data, procedures, people
business professionals need to do four things
- take an active role to ensure systems meet their needs
- understand how IS is constructed
- consider users needs during development
- learn how to use the IS ancillary (security, backups)
IS exists to:
help people achieve business strategies
Jason Green
- founder and CEO of AllRoad Parts
- Senior year of college started informal eBay business buying and selling hard-to-find mountain bike parts.
- Marketing and management experience.
AllRoad Parts
- 10-year-old, privately owned company selling parts for adventure vehicles
- high margin products and high inventory costs
- large selection
- forms project teams
marketable skills
- abstract reasoning
- systems thinking
- collaboration
- ability to experiment
abstract reasoning
- ability to make and manipulate models
systems thinking
- Ability to model system components, connect inputs and outputs among components to reflect structure and dynamics of system observed.
- Ability to discuss, illustrate, critique systems; compare alternative systems; apply different systems to different situations.
collaboration
- Two or more people working together to achieve a common goal, result, or work product.
ability to experiment
- Make reasoned analysis of an opportunity; developing and evaluating possible solutions.
- Avoid “Fear of failure paralyzes.”
Moore’s Law
The number of transistors per square inch on an integrated chip doubles every 18 months.
five component model difficulty
Increases in difficulty from hardware to people
most important part of the five component model
people
- cognitive skills give people the ability to conceive information from data
- information is value people add to information systems
difference between IT and IS
Information technology drives development of new information systems.
Information technology (4)
- products
- methods
- inventions
- standards
IT components =
Hardware + software + data
IS =
IT + Procedures + People
What is information
- Knowledge derived from data, where data are recorded facts or figures.
- Data presented in a meaningful context.
- Processed data, or data processed by summing, ordering, averaging, grouping, comparing, or other similar operations.
- A difference that makes a difference.
information vs data
information is derived from data
information and people
- graph itself is not information
- ability to conceive information from data is determined by cognitive skills
- people perceive different information from the same data
necessary data characteristics
- accurate
- timely
- relevant
- just sufficient
- worth its cost
two characteristics of collaboration
- Two or more people working together to achieve a common goal.
- Feedback and iteration
- Cooperation lacks feedback and iteration
important characteristics of a collaborator
- enthusiastic about the subject
- open-minded
- curious
- speaks their mind
- timely
- willing to enter difficult situations
- good listener