Information Systems Management: A Critique and Risk Assessment Report for Australian and New Zealand Bank

Assessment 1: Critique and Risk
Assessment Report
1

Contents
Introduction................................................................................................................................3
Analyse the impact that Information Systems has on organisations and the consequent
changes which have occurred to business managerial roles and competitive advantage due to
IS................................................................................................................................................4
Analyse Management information systems using a range of analytical approaches and assess
the impact of MIS upon business process engineering..............................................................6
Ethical and social considerations for strategic solutions............................................................8
Global perspectives for strategy...............................................................................................10
Ethical and social considerations for strategic issues..............................................................11
Assessment of organisation’s strengths and limitations...........................................................13
Conclusion................................................................................................................................16
References................................................................................................................................17
2

Executive summary
Managing the information systems is the information system management that includes the
set of resources, people and procedures to acquire process, store, and transform information.
For this critique and risk analysis report Australian and New Zealand bank is taken into
consideration for the analysis. There is a different type of issues that used to be there in
managing the information in the organisation like Australian and New Zealand banking
group. For making the operation and functioning of the organisation easy the introduction of
management information system is acquired so that functioning and working can be easy.
There is the large amount of information that has to be managed and stored by the banks.
These aspects can be considered effective with the help of risk mitigation strategy in an
effective manner.
3

Introduction
In this report, there is an analysis of different impacts that can be they are in the business
because of the information system. After that, there is the analysis of management
information system that can be used to develop the business processes and policies. These
processes and policies can control the threats regarding the information security. There is the
discussion of ethical and social consideration for implementing the process and policies of
the information system. In this report, the Global perspective for the strategy making of
management of information system is understood. After that information vision for the
Australian and New Zealand bank is designed so that Technology changed can be sustained
in the organisation and there would not be any risk to the information system.
4