MODULE 2 - YNIGO Flashcards
It is also known as Executive Support System. (EIS)
Executive Information System, it is developed for the Senior management of the organization (Higher-ups)
It is developed for the senior management of the organization
Executive Information System ( It helps them to analyse the trends by viewing various reports including summaries; and then making the strategic decisions for the business)
These kinds of systems are easy to use and have many kind of reports especially _____________________.
graphical type reports. (For example, the management may require data of sales of the organizations that may be department wise or product wise ranging over a specific period of time)
This system pools data from diverse internal and external sources and makes them available to executives in an easy-to-use form.
Executive Support/Information System
This is also used by the management but it differs from the Transaction Processing System (TPS) in a way that it provides summaries of routine nature to the management.
Management Information System
TPS
Transaction Processing System
The different kinds of data including sales, purchase, production is consolidated in ___.
MIS
Systems serving different levels in the organization are typically related to one another, knowing this, what systems does the TPS usually connect to?
TPS is usually a major source of data for other systems, namely the Management Information System and Decision Support System.
For what systems is the Management Information System good source of data?
Executive Support System and Decision Support System
Explain the general network of systems
The transaction processing system is the main source of data for the MIS and DSS,
the MIS and DSS receive data from the TPS, the MIS gives data to the executive support system and the decision support system
and the executive support system receives data from the
MIS and the DSS.
the DSS receives data from the Management Information System and the Transaction Processing System and gives data to the Executive Support System.
The definition for this word refers to working with someone else in order to create or produce something.
Collaboration
These enable people within an organization to engage with each other productively and effectively
Collaboration Skills
Both teamwork and collaboration involve a group of people working together to complete a shared goal. But what is the key difference?
The key difference between the collaboration and teamwork is that whilst teamwork combines the individual efforts of all team members to achieve a goal, people working collaboratively complete a project collectively.
(Kibali, murag, sa teamwork, a group work individually on separate tasks to achieve a common goal. But with collaborative, generally they help each other on the same project.)
Collaboration is believed to. . .? (I,P,Q,CS)
enhance innovation, productivity, quality, and customer service
How do you build the right teamwork environment?
(HTCCABL)
- Have a common purpose and goal.
- Trust each other.
- Clarify their roles from the start.
- Communicate openly and effectively.
- Appreciate a diversity of ideas.
- Balance the team focus.
- Leverage any heritage relationships.
ELEVEN IMPORTANT INDIVIDUAL CHARACTERISTICS FOR COLLABORATION
Adaptable, Believe in Collaboration, Committed, Communicative, Competent, Dependable, Disciplined, Value adder, Mission Conscious, Solutions Orientation, Trustworthy
This is the formal organizational unit responsible for information technology services. (ISD)
Information Systems Department
This suggests new business strategies and new information-based products and services, and coordinates both the development of the technology and the planned changes in the organization.
The information systems departmentT
The Information Systems department consists of?
Programmers, System Analysts, Information Systems Manager
This important characteristic of collaboration entails the ability to learn; creative; works with a variety of others; mitigates problems; finds solutions
Adaptable
See teammates as collaborators; focused on team not self; selfless
Believe In Collaboration
Passionately believes in the mission and success of the team; enthusiastic; persistent
Committed
Ability to write, present, support; candid; truthful; believable; relates to others’ needs; empathic
Communicative
Ability to complete assigned tasks; detail oriented; consistent
Competent
Responds consistently to team requirements; individual requests
Dependable
Hitting schedules, targets; persistence; tenacious
Disciplined
Enhancing the abilities of others; teaching; exemplary.
Value adder
Big picture orientation; putting details into perspective.
Mission Conscious
Ability to come up with alternative solutions; brainstorming; thinking afresh.
Solutions Orientation
Dependable; discrete; reliable; integrity.
Trustworthy
The information systems department is headed by.. .?
a chief information officer
a senior manager who oversees the use of information technology in the firm.
Chief Information Officer
Large companies usually have a separate information systems department, there are different types of these, namely:
Decentralized arrangement, separate department, divisional groups
: Each functional area of the business has its own information systems department and management that typically reports to a senior manager or chief information officer.
Decentralized Agreement
In this arrangement, the information systems function operates as a separate department similar to the other functional departments with a large staff, a group of middle managers, and a senior management group.
Separate Department
: Very large “Fortune 1,000”-size firms with multiple divisions and product lines might allow each division (such as the Consumer Products Division or the Chemicals and Additives Division) to have its own information systems group. All of these divisional information systems groups report to a high-level central information systems group and CIO.
Divisional Groups
This is an attribute that allows a company to outperform its competitors. This allows a company to achieve superior margins compared to its competition and generates value for the company and its shareholders.
A competitive advantage
A competitive advantage must be:
difficult, if not impossible, to duplicate. If it is easily copied or imitated, it is not considered a competitive advantage.
Examples of a competitive advantage:
- Access to natural resources that are restricted to competitors
- Highly skilled labor
- A unique geographic location
- Access to new or proprietary technology
- Ability to manufacture products at the lowest cost
- Brand image recognition
Before a competitive advantage is decided, it is important to know:
Benefits, Target Market, Competitors
This is a systematic high-level plan of actions aimed at planning and performing the business management process at the most efficient way to achieve strategic goals and objectives of an organization. (BMS)
Business Management Strategy
If we want to mention the types of strategies in strategic management, we can specify it as five types. It may be one kind of New Public Management (NPM)‘s strategy. The types of strategies in strategic management. Such as: (CCBFO)
Competitive Strategy
Corporate Strategy
Business Strategy
Functional Strategy
Operating Strategy
This strategy combines the clout of the external situation, along with the integrative concerns of the personal status of an organization
Competitive Strategy
The top-level by the senior management of a diversified company
Corporate Strategy
Business-unit level or business-unit strategy
Business Strategy
Pointing up a particular functional area of an organization
Functional Strategy
Operating units of an organization
Operating Strategy
There are mentioned most important Strategic Management Model: Such as:
- Balanced Scorecard
- Strategy Map
- Value Chain Analysis
- SWOT Analysis
- PEST Model
- Gap Planning
- Red-Blue Ocean Strategy
- Porter’s Five Forces Model
- Thompson and Strickland’s Model
- VRIO Framework
- Andrew’s Model, Glueck’s Model
- The Schendel and Hofer Model
- Korey’s Model
- Schematic Model
- Competency Management
