Summary Information Management [INF101] Notes and Summaries [Complete Module Pack]

. Information
Management

INF101

, Importance of MIS 3 6
Business Processes, IS and information 7 10
Organisational strategy, IS and competitive
11 14
advantage
Hardware and software 15 22
Database processing 23 29
The Cloud 30 35
Organisations and IS 36 40
Social Media Information Systems 41 49
Business Intelligence Systems 50 55
Information Systems Development 56 61
Information Systems Management 62 66
Information Security Management 67 75
Collaboration Information Systems 76 82
Business process management 83 84




RESOURCES FOR COMPILING THIS DOCUMENT:

MIS Essentials 4th Edition [David M. Kroenke]

STADIO INF101 STUDY GUIDE



CAUTION:

When doing assignments please reference the textbook and documents
as above and note that this document is merely A GUIDE NOT TO BE USED
SOLEY FOR ASSIGNMENTS AND CAN NOT BE REFERENCED! Please use correct
referencing in your assignments.




2 (Coyright) Noted Summaries www.notedsummaries.co.za

, Managerial
Information Systems
Moore’s Law [1965 – Gordon Moore – co-founder of Intel Corp]

THE COST OF DATA PROCESSING, COMMUNICATIONS AND STORAGE IS
ESSENTIALLY ZER0


Consequences of the costs being essentially zero:
IMPORTANCE:
• Youtube
• Twitter 1. MIS will give you the background you need to access,
evaluate and apply emerging information systems
• Facebook
technology to business
• Pinterest 2. MIS will give you the ultimate in job security (marketable
• LinkedIn skills)
3. MIS jobs are available and the market for them will enjoy
strong growth

1st reason why MIS is most important course in business school:

Future business professionals need to be able to assess, evaluate, and apply
emerging information technology to business

[You need the knowledge of MIS to attain that skill ⇧ which leads to greater JOB
SECURITY]


HOW TO ATTAIN JOB SECURITY

** The only job security that exist = “a marketable skill & courage to use it”

Marketable skill [Moore’s Law] = Any routine skill can and will be outsourced to the
lowest bidder

[RAND 2014 = strong nonroutine cognitive skills]

4 components of nonroutine cognitive skills [Robert Reich] :

1. ABSTRACT REASONING

= the ability to make & manipulate models [construct model / representation]

2. SYSTEMS THINKING

= ability to model the components of the system, to connect the inputs and
outputs among those components into a sensible whole that reflects the
structure and dynamics of the phenomenon observed

3 (Coyright) Noted Summaries www.notedsummaries.co.za

, 3. COLLABORATION

= activity of two or more people working together to achieve a common goal,
result or work product [development of ideas and plans with others by providing
and receiving critical feedback]

IMPORTANT
Effective collaboration (important skill) = to receive and give CRITICAL
FEEDBACK


4. ABILITY TO EXPERIMENT

= create and test promising new alternatives, consistent with available
resources

[EXPERIMENTATION] = making a reasoned analysis of an opportunity, envisioning
potential solutions, evaluating possibilities, developing promising possibilities
consistent with available resources

IMPORTANT
Fear of failure paralyzes may good people and many good ideas


JOBS

[Spence and Hlatshwayo] Tradable job = one that is not dependent on a particular
location [jobs that can be outsourced overseas]

IMPORTANT
Information systems and computer technology provide job and wage
benefits beyond just IS professionals

As the price of computer technology plummets, the value of jobs that benefits
from it increases dramatically


WHAT IS AN INFORMATION SYSTEM?

DEFINITION
[SYSTEM]
= group of components that interact to achieve some purpose

[INFORMATION SYSTEM]
= group of components that interact to produce information


[COMPONENTS OF AN INFORMATION SYSTEM] 5-component framework:

1. Computer hardware
2. Software

4 (Coyright) Noted Summaries www.notedsummaries.co.za