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Complete Business Information Systems Summary

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Summary made from lectures and tutorials including all key concepts and definitions

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Uploaded on
October 20, 2023
Number of pages
9
Written in
2023/2024
Type
Summary

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BUSINESS INFORMATION SYSTEMS

DIGITAL INNOVATION

Product Process Business Model which
.
,
is new , brings significant changes enabled by IT


# IT # organisational structure culture
,
# individuals #interrelated inseparable
,




Digitalisation physical → digital
-




Moore's Law -
F.performance
improvements ,
2 ✗ transistors
every 2 years


Network Effects -
value increase trough larger networks

Data -

raw symbols ,
. . .




Information -



contextually relevant data # meaningful

"""" """
"" "" " "" "
" "" ""
" "" "
"""" " " """"
"
""
"
"




÷:÷÷÷i :

%
✓ ✓



°


! ◦

! ◦

o o
o
o o
o
- ↓ - ↓ - ↓ .
O O O
o o o


DATA INFORMATION KNOWLEDGE INSIGHT WISDOM CONSPIRACY




Information Systems -

conversion of data information

,


connecting people distributing information
, ,
*
trough IT


# organisational requirements # technological capabilities

Information Processing
-
+ capacity ,
or
-




processing need




Organisational Performance -
financial results , operational efficiency competitive advantage
,




# automation # learning # supporting strategy


% Alignment of Business & IT # technological determinism #magic bullet

# socio -
technical approach


?⃝

, STRATEGY

# Innovation #resource sharing
-

# knowledge -




sharing #Integration of large complex Systems
,




# virtual Network


Decentralisation of IT, Phasing out legacy Systems ,
Virtualisation, Virtual Integration

Alignment of IS & Business Strategy #PORTER #SWOT
Strategy
Information Systems Strategy -



organisational perspective investment
:
,
use of 1s


Product Innovation ,
Process Innovation #supply chain




Business Model -

Value Proposition Method
,
to create Value


# customer segments # value proposition # channels

# customer relationships #revenue streams #key resources




#key activities # key partners #cost structure


Value Proposition -

Operational Excellence, Product Leadership Customer Intimacy
,




Innovation -
Platform Business Model Service-based Business Model
, ,



Data-driven Business Model


Strategy Process Identification of Information Systems to fit Business Strategy
-




^
Strategic Awareness #alignment
business domain



BhsiNESSSTR-ATEG.
/
FI/-EG-s-Y-/-
IT domain


↑ external



ORÉAÉURE/ /&ppÉEss
internal
IT INFRASTRUCTURE

&PRssEs strategic fit
functional fit
.




Technology Potential ☒ ¥1T Strategy

competitive Potential ☒ # Business Strategy

strategy Execution # organisational structure and Processes

Service Level Alignment # IT Infrastructure and Processes
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