Management of Information System

Management Information Systrem (MIS) refers to the ability of an organization to buy IT services that deliver business application over the internet, helping organization meeting their business objectives for profitability and reduce operational expenditures. other strategic changes include green computing, active data warehousing, real-time data alerts, search engine marketing and the commercialization of social working. Roles of Information System: (a)Reduce cost & Create Value to Operation (b)Strategic Business Objectives of Information System (c)Operational Excellence (d)Create New Products, Services & Business Models (e)Customer & Supplier Intimacy (f)Improve Decision Making (g)Competitive Advantage (h)Company Survival

Saturday, 9 April 2011

Organization and IT Strategy

Organization must set a clear direction prior to initiate the IT strategic planning process.  company must determine the use, value and impact of IT to identify opportunities and create value that support the organization's strategicvision. IT can add value to organization by boosting the company's revenue and cost reduction.  The accouting term PATAMI (Profit After Tax and Minority Interest) is about increasing profit by increasing revenue and reduce cost.
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