This report provides an overview of M&S, their functional areas, and the types of data used. It also compares tactical, operational, and strategic data and discusses how these levels serve the hierarchy of the business.
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Table of Contents Introduction......................................................................................................................................1 Overview of Case Study..............................................................................................................1 Question 1........................................................................................................................................1 a) Select an industry.....................................................................................................................1 b) Real- world organisation.........................................................................................................1 c) Overview of M&S...................................................................................................................2 d) Web address of M&S..............................................................................................................3 Question 2........................................................................................................................................3 Functional areas of M&S.............................................................................................................3 Functions performed by each unit...............................................................................................3 Types of data related with functions............................................................................................4 How that data is used by M&S....................................................................................................4 Question 3........................................................................................................................................5 Compare tactical, operational and strategical data......................................................................5 Ways in which three levels serve hierarchy of business..............................................................6 Question 4........................................................................................................................................7 Operational database and CRM technologies..............................................................................7 Data mining, data analytics and data warehousing......................................................................8 Cloud based and out-sourced data management services and platforms.....................................8 Mobile and web based access to platforms..................................................................................8 Question 5........................................................................................................................................9 PELS considerations for M&S....................................................................................................9 Conclusion.....................................................................................................................................10 References......................................................................................................................................11
Introduction Management information system is defined as a computer based system that is liable for renderingmanagerswithtoolsfororganisation,evaluationandeffectivemanagementof departments in an organisation(Abrink, Nilsson and et. al,, 2014). This is united set procedures that are liable for gathering organised data which is relevant and reliable. To understand the conceptofmanagementinformationsystem,casestudyonM&Shasbeentakeninto consideration which is a public limited company and deals within retail sector. This report comprises of overview of an organisation, their functional business units and different aspects related with data. Furthermore, technological solutions will be provided for implementation of certain concepts and various issues such as social, legal, ethical and professional with respect to firm will be discussed. Overview of Case Study Marks & Spencer (M&S) has announced that their pre-tax profits have been decreased as compared to previous years. For this, they planned to make use of e-commerce strategies for development of closer relationships with their customers. Along with this, they are thinking for developing Chargecard customer database to their target customers in an effective way. The emphasis is laid on creating an competitive environment. https://www.open.edu/openlearn/money-management/management/business-studies/the-market- led-organisation/content-section-4.4# Question 1 a) Select an industry The retail sector has been taken into account as it involves wide range of product list which ranges from clothing, food and home products. b) Real- world organisation M&S has been considered in this report. They render their services worldwide which denotes that problems faced by them will be also high. Therefore it is necessary that appropriate information technology systems are being utilised by them to have improvised results. 1
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Products offered:Food (known for innovation, quality and freshness credentials) and clothing & home (wearable and contemporary style at greater value). Services offered:M&S bank (render wider financial services such as current accounts, insurance, mortgages, savings account and credit cards), M&S energy (providing fully renewable value electricity). c) Overview of M&S The organisation was founded in 1884 by Michael Marks and Thomas Spencer. It is headquartered in Waterside House, London, United Kingdom. They have around 1460 stores around the world. They render their services in near about 57 countries and have become one of the leading retailers within the UK. Organisation is liable for rendering their services in home products, quality clothing and food products. They have been listed on London Stock Exchange as well as are crucial constituents of FTSE 250 Index. They acknowledge significance of being in touch, inspiration, integrity & innovation and stand by these values in whatever services they furnish to their customers. Through continuous innovation, M&S build their products, tailor shopping experience for enhancing shopping experience of their probable consumers around the world. Mission statement:āIt reflects what organisation business is and what is there key purposeā. It involves rendering new quality products within area of food, clothes, financial and home services along with this, it comprises of social revolution by rendering working class with wide variety of clothes. M&S's mission statement also involves delivery of higher quality products at affordable prices. Apart from this, emphasis is laid on rendering customers with value for money. Basically, it illustrates the standards against what is measured and formulate inspirational quality that is accessible for all along with service, values, trust and innovation(Al Shobaki and Naser, 2016). Vision statement:āTo be standardised against which others are measuredā. Benchmark is conducted by other organisation within implementation of similar strategies in their business practices, competitorās aspiration for gaining identical levels of quality. It assists working within end congruity which comes from within and comprises of giving sense of hereafter, furnish purpose devising schemes, creation of platform with identical intent, reflect values and lay down behaviour guidelines. 2
Goals:It includes enhancing sales as well as market shares within retailing, offering differentiation strategies by rendering innovation, quality and freshness. Along with this, become world's sustainable retailer. Organisational structure:Flat structure is being followed by M&S and posses restricted management levels in between different front line employees and administration. This structure is being followed by organisation to involve their employees within decision making process (Anderson, Wipfel and Westerfield, 2015). The reason for this is to eliminate bureaucracy and enhance the skills of employees by involving them within decision making process. Along with this, as the levels of communication with management of M&S are less among top managers as well as base line employees, it will be easy to make quick changes as well as identify solution to the problem. d) Web address of M&S The official website of firm is āhttps://www.marksandspencer.com/ā. Question 2 Functional areas of M&S For rendering functions in an effective and required manner each organisation possesses different units those are liable to proves unique experience to their customers. Within Marks & Spencer, human resources are liable for recruiting employees by which they can attain their goals and furnish training as per skills possessed by them(Demian and Walters, 2014). The other functional unit is marketing that will advertise their products within the market as well as identify demands of their probable customers. Finance implies the cost needed by each unit for delivering their services and acts as an important aspect as without this it wonāt be possible to deliver the services as per required standards. Production is the other unit that is liable for furnishing services to customers by transforming raw materials into the final product. Functions performed by each unit Management information system can be used for having information related with distinct individuals who have submitted their application for vacancies within M&S. This will enable management to identify qualified candidate by screening the profiles of each for specified job role(Brocke and Rosemann, 2014). Furthermore, decision support system can be utilised by them for formulation of decisions in context of who should be recruited. Apart from this, by 3
making use of DSS M&S can identify the buying behaviour of their probableās customers like what they like at specified time frame and accordingly services must be provided to them. Through this, firm will be able to acknowledge the changing demands of their customers. For management of finances, TPS (transaction processing systems) can be used so that each functional unit of M&S have appropriate budget by which they can deliver services in an effective manner. Each functional unit have different expectations in context of resources needed for carrying out their operations, they can range from raw materials to workforce required for delivering the end product(Demian and Walters, 2014). For an instance R&D, is liable for formulating hypothesis with respect to what is required by their customers and this can be attained from marketing unit. The feasibility analysis will be carried out to analyse whether it is practically possible or not. Types of data related with functions M&S can make use of management information system (MIS) for retrieving data that involves details related with different operations that firm is liable to carry out. This will lead decision support system to have relevant information and develop decisions accordingly either in context of what has to be stored within inventory of customer relationship management(Li and et. al ., 2015). It will allow M&S to develop policies and strategies as per conditions which prevails within working environment of firm. Through usage of transaction processing system, all transactions can be made and cross verified to analyse that there do not exist any kind of errors within it. This will also provide surety with respect to that firm do not runs out of budget fordeliveringtheirservices.Apartfromthis,Tescocanutilisecustomerrelationship management tools for ensuring that effective relationship is maintained in between different personals of organisation and their customers. This will lead firm to render services as per demands of their customer. Apart from this, feedback can be taken from them to analyse their satisfaction level so that things can be provided in better and amplified manner as per their expectations. How that data is used by M&S Human resource manager of organisation need to have access to distinct online job platforms so that they can formulate job advertisement as well as look for the well qualified candidates for specified job role(Fountas and et. al., 2015). This will assist them to screen 4
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appropriate individual for specific position. Furthermore, marketing unit of M&S needs details relatedwithproductionormanufacturingprocessessothattheycancarryouttheir responsibilities accordingly. If they do not have data then it will become very difficult for them todelivertheirservicesastheyhavetopromoteproductswhicharebeingofferedby organisation to their customers(Li and et. al ., 2015). Along with this, manufacturing team delivers their services as per market analysis that has been conducted by marketing team. This is done to acknowledge demands of customers and formulate products as per their expectations. Thereby, each functional department or unit of organisation can ensure that they deliver services as per demands of market and make use of information appropriately so that anticipated needs can be accomplished. Question 3 Compare tactical, operational and strategical data. Strategic dataTactical dataOperational data An executive manager makes use of such kind of data along withthisexecutiveand decision support systems are also used which enables them to develop plans. Suchtypeofdataisbeing utilised by mid level managers who are responsible for taking instructionsfromexecutive managersanddevelop strategies & policies according to that(Malcolm and et .al, 2015). Theycomprisesofdetails relatedwithactivitiesthat have to be carried out by low levelmanagers.Basically, they are the guidelines made by middle level managers for bottom staff. The plan has developed thatwillrenderdetails associated with crucial aspects ofM&Swhichincludes values, mission, vision, goals and objectives(Lim, 2016). It canbecarriedoutthrough utilisationofmanagement With respect to this, practical stepswillbeformulatedby makinguseofdecision supportsystemformaking surethatgaolsarebeing attainedinstipulatedtime duration. Managementinformation systemwillbeliablefor maintaining details associated with processes, products and stocks so that if any problem isfacedbyemployeesof M&S then the details can be reviewedandappropriate 5
information system.actions can be taken.. Ways in which three levels serve hierarchy of business LevelsDecision MakingFunctional area Operational systemsTheyareliableforkeeping trackofactivitiesand transactionswhicharebeing carried out within M&S. For thistransactionprocessing systemcanbeutilisedby management of firm. Transactionssuchassales whichhaveoccurred,credit decisions, receipts and flow of rawmaterialswithin inventory is contained within operational system as it will enable to perform operations asperdesiredstandards (Meyr,WagnerandRohde, 2015). Management systemsTheyareliablefor monitoringactivitiesand operationscarriedoutby employeesalongwiththis formulatedecisions,control andadministrationisalso carriedoutbymiddle managers of M&S. Here, TPS and MIS information systems willbeutilisedfor identificationofwhether operations are carried out as per guidelines furnished(Liu and et. al., 2014). Theyareresponsiblefor hiring the effective workforce and after doing this training is given to them so that they can understand working of M&S and the ways in which they deliver their services. Along with this management monitor andtrackactivitiesthatare beingcarriedoutby employees. Strategic systemsItaidsseniormanagersto handleandhandlestrategic issues and trends which exist Manufacturing or production department of M&S will be responsible for furnishing an 6
in internal as well as external working environment. This is done to ensure that they abide tothepolicieswhichare formulated by other agencies while rendering their services. innovativeideawhichwill assist M&S to render services throughwhichtheywillbe able to accomplish needs of the market(Theorin and et. al., 2017). Information system acts as a crucial factor that is liable for assisting within formulation of decision within M&S. Knowledge management techniques can be utilised as it will assist management to extract knowledge from data and van be utilised as an important asset within carrying out activities. Basically, it renders a concept that is related with management and storage of information or data that is being obsessed by firm(Meyr, Wagner and Rohde, 2015). This will assist M&S within gathering, sharing, development and administration of data which will enable them to utilise knowledge or information. It creates positive impact on organisation as this can be used for performing operations as per desired standards and will lead them to acquire enhanced profits. M&S needs to make sure that processes are being carried out in context of market needs. Management needs to ensure that they meet needs of evolving requirements of marketplace. Along with this, for this it is important that there systems and software are updated so that there do not exist any vulnerability or loophole through which third person might have access to information(Narain Singh, Gupta, and Ojha, 2014). It will make M&S stand out from their competitors. Apart from this, it is important that there workforce is well qualified so that performance of firm is not affected. Other important aspect is finance needs to be handled in an appropriate manner so that there is no imbalance in funds which might hamper their services. Question 4 Operational database and CRM technologies The instance of database which creates and updates larger amount of data with respect to real time environment is defined as operational database. M&S can utilise different technologies as it will support or render them with concurrency, recoverability, speed and data integrity. CRM techniques can be used by M&S for retention of their customers, maintenance of cloud based data and carrying out predictive analysis(Abrink, Nilsson and et. al,, 2014).This will assist 7
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organisation for making sure that services are delivered in an suitable manner through which needs of their customers can be accomplished. Data mining, data analytics and data warehousing Theprocessofconstructionandutilisationofdatawarehouseisdefinedasdata warehousing. This can be used by M&S for making reports and carry out data analysis that will assist within making sure goals and objectives of firms. This will lead them to render their services accordingly. The process is related with recognition of huge data seta which involves intersection of database management, machine learning and statistics. Through this, M&S can acknowledge the buying patterns of their customer and render services according to that. Data analytics is a term which illustrates science which is being used for carrying out analysis of raw data by which conclusions can be made with respect to information(Malcolm and et .al, 2015). This denotes that information gathered can be used by M&S for delivering services according to required standards. Cloud based and out-sourced data management services and platforms Practices where network of remote servers is being hosted on internet for management, storage and its processing of data rather than only present on personal computers is referred to as cloud computing. This will assist M&S for having access to services at any moment and from anywhere as per their requirements. This will enable them to render services according to needs of their potential customers(Al Shobaki and Naser, 2016). By outsourcing of services at global levels, it will become easy for M&S to handle different situations which might prevail within working environment of the any market. For an instance, by making use of clod computing unnecessary cost can be eliminated in terms of storage, maintenance, handling and security perspectives. Thus, it will lead firm (M&S) to emphasise on addressing need of their customers rather than other aspects related with management of information. Mobile and web based access to platforms M&S possess their own website which makes people aware about what is being delivered by them to their customers along with important details related with them which might be known to their customers(Narain Singh, Gupta and Ojha, 2014). Along with this, mobile based services are being rendered by them that assist them to reach maximum of customers as online services can be delivered in an effective manner. Individuals can login by making use of their credentials 8
and look for what is being required by them as well as carry out online activities. Apart from this, security will be ensured so that any third person does not get access to their important credentials. This will lead M&S to have loyalty of their customers. Question 5 PELS considerations for M&S Information system have made firms successful at present scenario which aids them within delivering enhanced services and meeting needs of their customers in an amplified manner. But if information technology is used in an improper manner then it will lead to creation of certain problems to their employees and organisation on the whole. This can be acknowledged by making use of certain processes that created by using pessimistic usage of technologies (Demian and Walters, 2014).Cyber crimes imply usage of information technology for carrying out crimes which ranges from annoying users computer towards large financial losses and even threat to life of individuals. The growth of smart gadgets and other high end devices which have access to internet creates pessimistic impact on both organisations and individuals. These activities are not ethically and socially appropriate. Furthermore, if anyone is monitoring operations which are being carried on their network. These implies professional issues and are also legally not an appropriate as each have their own personal information and when it comes to monitoring the network of organisation then there might be confidential information. Through usage of social engineering techniques, information systems can be exploited. Ethics denotes what is right and wrong which is being used by individuals for rendering their services and formulate decisions. Ethics in management information system are liable for protecting and safeguarding society and individuals by making use of information systems in an appropriate manner. For this, code of conduct and ethics must be defined by which all employees must abide to(Brocke and Rosemann,2014). An ICT policies refers to set of guidelines which illustrates the way in which organisation makes use of information technology. M&S needs to adhere to certain policies so that they do not fall into legal troubles and it will also allow them to have integrity within their information. As per ICT policies, use of software must be licensed along with this, they needs to be updated with respect to latest patches that have been released with respect to security reasons. Furthermore, rules on which passwords will be created with respect to ways in which passwords 9
can be formulated, changing password and many others. Along with this, training must be rendered with respect to ICT and MIS. Conclusion From above it can be concluded that, information systems are used by firm to make sure that services are delivered as per standards formulated by them. This will lead organisation to accomplish needs of their customers according to their requirements. Apart from this, cloud services will lead to make sure that services are being delivered to customers according to needs as well as expectations. For an instance, services rendered by firm can be accessed by individuals whenever it is required in case they make use of cloud computing. For ensuring that departments deliver their services in impelling manner different information systems can be used as it will assist within formulation of decisions and thereby produce their services. Along with this, they need to ensure that ethical, professional, legal and social considerations so that they can provide services by adhering to certain criteria. 10
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