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Impact of Upgraded Information Management System on Decision-Making and Security of XYZ Company

   

Added on  2023-06-03

15 Pages2648 Words306 Views
Executive summary
Several factors are often considered to be determinant of a company’s growth and
sustainability. Such factors may be human i.e. human resources or capital i.e. infrastructure,
technology, etcetera. In this report, the impact and process of adopting an updated information
management system on the decision-making and security of XYZ company is explored. The
report uses deductive inferencing and qualitative analysis to explore the impacts of various factor
adoptions on the measurement of company’s performance.
From the results, it is evident that adoption of new IMS will increase data integrity through
secure data collection as well as improve decision-making system. As a consequence, reliable
data will ensure accurate measurement of key and overall company performance.
Key words
Information Management Systems (IMS), Decision Support system (DSS)

1. Introduction
1.1 Background information
As the name information age suggests, survival and growth of business firms nowadays is
highly dependent on: the kind of information, reliability, and comprehensiveness of the
structures set up by the business for the utilization of the information. As it is, management
information systems can be adopted in a number of forms by the company. However, several
factors such as security which is the ultimate determinant of the integrity of data, are integral in
reliable information for the business.
Pedarpur et al. (2013) note that, “Information is the cultured data in the organization that
through order of their communication to provide accurate information, increases ensure
managing in making decisions...” reinforcing the fact that for the executive to come up with
good and conclusive decisions, the company ought to ensure it adapts with change in the tech
space, more so information.
According to Chetan (2015), the IMS process basically involves: collecting, organizing,
distributing, storage and managerial control and analysis of data.
1.2 Objective
The purpose of this report is to explore various components of information management
systems of XYZ company in regard as to how the upgrade of the whole system, is set to improve
security and decision making ability of the company’s executive. In addition, the paper is set to
examine how the underlying structures of information management systems which include:
hardware, software, networks and telecommunications, and decision support system will ensure

better performance of the company as well as how the data collected by the system, will be used
using various data analysis techniques e.g. ANOVA, sampling distributions, hypothesis testing,
etcetera will be used to report on key and overall performance of the company with special
interest on the strength and weakness of the company (to provide accurate information).
1.3 Research Problems
To aid in the research purpose, the following research questions are formulated:
i. Given the hardware, software, networks and telecommunications, and decision support
systems components of an information management system. (a)- How is the upgrade of
the components linked with security and improved performance of the company? (b)-
What are the latest existing technological options that the company can adopt in line with
the company’s current information system?
ii. How will the data be utilized to measure the performance of the company?

2. Analysis of findings
2.1 Hardware
In information management systems, hardware comprises: the computers, networking
devices, company printers, storage devices (Hard disks) and all the physical components of
technology used in the company.
When considering an upgrade of the hardware component of IMS, factors such random
access memory which is a key driver of how the information management software will be
executed in terms of speed and power is mandatory. An upgrade of the company’s computer
RAM and processing power of is set to ensure high reliance of the company’s IMS. Another
hardware consideration in the IMS is the hard disk capacity. With large storage capacity, the
company will be able to keep log of all security activities performed by the systems as well as
collect enough data which is important in the decision making process. Hempstead (2018)
emphasizes on the importance of ensuring security is a priority when selecting hardware for the
company IMS.
With recent boom in computer production, hardware components have increased in precision
and functionality (following the Moore’s law). However, such advancement has exposed the
corporate sector to threats of free flow of information from the computer hardware hence leaving
companies vulnerable to cyber threats and other infringements. Making purchases of hardware
from companies that design them with security in mind is important to ensure the security and
data integrity of the company is secured.

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