This presentation discusses the utilization of information systems for supporting value added change, the management of information systems, and models that can be used in strategic information systems. It also provides insights into the importance of information systems in organizations and how they enhance performance.
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Cover Content Introduction How IS utilised for supporting value added change Management of IS Models which can be utilised in strategic information systems Pyramid model Multicriteria model Conclusion References
Introduction •ManagementinformationsystemreferstoanISthatbeingutilisedfor formulationofdecisions,coordination,controlling,analysingaswellas visualisation of data of the firm. It assists within recording all the essential transactions that are being carried out by businesses. •The firm which is taken into consideration is SCANDO Ltd which was founded in Belarus in 2000 within centre of Eastern Europe. They have been approached by TargetUK for creation of MIS for them.
How IS utilised for supporting value added change •As it will provide them competitive edge within the market and this can be understood by following points: •New business models, services and products •Improvised supplier as well as customer relations •Enhanced decision making
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Management of IS •The diverse, organised as well as automated information system that is associated withprocessofcollection,storageandtransferofdataforsupporting management operations of a firm. •This can be understood by taking an instance as TargetUK has opted for MIS from SCANDO, they are liable for ensuring that appropriate information is provided by them so that there system can be formulated as per their specified requirements.
Models which can be utilised in strategic information systems •There exists different frameworks or models that can be utilised by SCANDO for developing strategic information system. Some of them are illustrated below: •Pyramid model •Multicriteria model
Pyramid model •Afirmissegregatedwithinvarious operational, middle as well as upper level and information needed at each level for users as per their requirements. As per that Pyramid model was developed.
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Multicriteria model •Itissub-disciplinewithinoperations researchthatisliableforevaluationof variousinconsistentcriteriawhile formulation of decision making. As per the requirements of TargetUK they can make use of this model.
Conclusion •From above presentation, it can be concluded that information system plays crucial role within organisation for carrying out their operations. •The statistics obtained will be accurate which will assist them within formulation of decisions and remain competitive within the market. •This denotes that MIS provides value added services to firms and also enhance their performance. Furthermore, different models can be used for having the effective services.
References •Laudon, K. C. and Laudon, J. P., 2015.Management Information Systems: Managing the Digital Firm Plus MyMISLab with Pearson eText--Access Card Package. Prentice Hall Press. •Laudon, K. C. and Laudon, J. P., 2016.Management information system. Pearson Education India.