Management of Information System - PDF
Added on 2021-06-17
10 Pages2169 Words106 Views
Running header: MANAGEMENT OF INFORMATION SYSTEMS1Management of Information SystemsNameInstitutionDate
MANAGEMENT OF INFORMATION SYSTEMS2Introduction This is a management of information systems paper that is built from an interview from the chief information officer Jim Fowler of GE. The paper forms appraise to a range issues comprising the theme captured, IT history of the company, strategy and approach to the stated theme as well as possible negative and positive points about the theme (ComputerWeekly.com, 2018). In addition, from the basis management of information system the paper will highlight theissues that need to be addressed by the CIO and give possible recommendation of the same. ThemesFollowing the Jim Fowler interview, he critically points of some issues that are subject to management of information system (ComputerWeekly.com, 2018). This put these issues into perspective that will form four major themes namely:Cost of ITUsing data as strategic company asset Thinking of IT as a product Obsolesce and performance of IT products Cost of IT The cost of information systems is defined in terms of software, hardware, procedures, staff and requirement that is associated with the process of implementation (Laudon and Laudon,2015). The increasing intertwining of IT and business is turning out to be costly and complex to manage. From the Fowler interview gives a perspective to this when he says 16 years ago when
MANAGEMENT OF INFORMATION SYSTEMS3he joined the company the focus was the cost of IT. To this angle GE concentrated on lowering the cost of IT and the CIO running IT cheaply as possible. The implication of cost-induced ambiguity and operational cost often baffle CIOs. While maintaining satisfying need to innovate and grow as well as maintain operational excellence, the CIOs are expected to keep IT costs in check (Galliers and Leidner, 2014). A task is doomed to fail if the organization cannot handle IT cost from the beginning. There are several factors that impose challenges in establishing true cost of IT, mostly operational complexity is considered the main reason. Using Data as Strategic Company Asset Currently many organizations across the world has acknowledging information as strategic business asset through the creation of the position of chief data officer and a person can distinguish from the technology it flows. In the interview the Fowler indicates this “ the vision ofthe chief digital officer Immelt is to make GE top-10 software by making the IT the main asset and the company will utilize it to drive data efficiencies internally as well as externally (ComputerWeekly.com, 2018) . Fowler further adds by saying that Immelt is change the mentality by moving away from backroom operations and making data as a strategic company asset. It is important to use data as a strategic asset and as a key in dealing with enormous challenge because it is readily available which can translate to financial gains or benefits. According to Fowler, allowing themselves to be commoditized they were not able to see the future where all information and data came together or how it was related to driving the next
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Information Systems Management | Reportlg...
|9
|2328
|16
How to ace your CIO interview?lg...
|9
|2357
|26
Management of Information Systemslg...
|8
|2151
|30
Management of Information Systemslg...
|9
|2330
|229
CIO Interview Analysis: National Geography and Vodafonelg...
|9
|1939
|83
Cio Interview: Paul Stein, Cto Rolls-roycelg...
|10
|2668
|20