Learning objectives

Perspectives on Information Systems
Management Information Systems
Chapter 1 Information Systems in Global Business Today

Business perspective on information systems:

• Business perspective on information systems:
• Information system as an instrument for creating value
• Investments in information technology will result in superior returns: (short, long strategic run)
• Productivity increases
• Revenue increases
• Superior long-term strategic positioning

Perspectives on Information Systems
Management Information Systems
Chapter 1 Information Systems in Global Business Today

Business information value chain

• Business information value chain
• Raw data acquired and transformed through stages that add value to that information
• Value of information system determined in part by extent to which it leads to better:

1- decisions, 2- greater efficiency, 3- higher profits

• Business perspective: Calls attention to organizational and managerial nature of information systems

Perspectives on Information Systems
Management Information Systems
Chapter 1 Information Systems in Global Business Today
Perspectives on Information Systems
Management Information Systems
Chapter 1 Information Systems in Global Business Today
From a business perspective, information systems are part of a series of value-adding activities for acquiring, transforming, and distributing information that managers can use to improve decision making, enhance organizational performance, and, ultimately, increase firm profitability.
Figure 1-7
The Business Information Value Chain
Management Information Systems
Chapter 1 Information Systems in Global Business Today