Information Systems for Business
Agenda
• Housekeeping – A few words about the syllabus, schedule, evaluation,
etc.
• Introduction to “Information Systems for Business”
Information Systems for
Business
Course Objectives
Information Systems
Gain an overview of
today’s IT
Appreciate the infrastructure – its
Understand the major issues in
role of information deploying and scope and limits, as
systems in well as its risks and
managing vulnerabilities – for
organizations information systems its effective
management.
A practical course driven by concepts and applications.
Session Schedule
Total Sessions 20
Session Duration 90 minutes
Instructors V. N. Rajesh (15 Sessions)
Debasish Mishra (5 Sessions)
Learning Outcomes
Information Systems for Business
Learn about appropriate Gain awareness of the
information systems for different approaches to
internal process build and manage Appreciate the risks of IT
integration, relationships information systems, systems and select
with external including current appropriate risk mitigation
stakeholders, and the computing paradigms and mechanisms.
extraction of business emerging technology
intelligence trends
A practical course driven by concepts and applications.
Tentative Course Schedule [1]
Tentative Course Schedule [2]
Tentative Course Schedule [3]
Tentative Course Schedule [4]
Tentative Course Schedule [5]
Evaluation Scheme [Tentative]
Note: The Final Grade will be determined on the principles of “relative score” considering all the components and their
weights.
Text Book and References
Primary Textbook
K.C. Laudon & J.P. Laudon (2020),
Management Information Systems:
Managing the Digital Firm, 17th
edition, Pearson Education
Additional readings may be
assigned from time to time
COMPETING IN THE INFORMATION AGE
Did you know . . .
Avatar, the movie, took over 4 yrs to make and
cost $450 million
It costs $3.7 million for a 30-second advertising
time slot during the Super Bowl
How Information Systems Are
Transforming Business
Global spending on information technology (IT) and IT services:
nearly $3.8 trillion in 2019; $160 billion spent on management
consulting and services
Organizational, management, and cultural changes are often required
for firms to derive full business value from IT investments
Information Technology Capital Investment
What’s New in Management Information
Systems (1 of 3)
IT Innovations
Cloud computing, big data, Internet of Things
Mobile digital platform
AI and machine learning
Use of social networks for business objectives
New Business Models
Online streaming and downloadable video
Examples: Netflix, Apple TV Channels, Amazon
What’s New in Management Information
Systems (2 of 3)
E-commerce Expansion
E-commerce worldwide expands to nearly $3.6 trillion in 2019
Growth in social commerce spurred by growth of mobile platform
Mobile retail e-commerce growing more than 20 percent a year, reaching
almost $300 billion in 2020
Management Changes
Managers becoming more mobile
Managers use social networks, collaboration tools
Business intelligence applications accelerate
What’s New in Management Information
Systems (3 of 3)
Firms and Organizations Change
More collaborative, less emphasis on hierarchy and structure
Greater emphasis on competencies and skills
Higher-speed/more accurate decision making based on data and analysis
More willingness to interact with consumers (social media)
Better understanding of the importance of IT
Competing in the information age
Fact - The confirmation or
validation of an event or object
Information age – A time
infinite quantities of facts are
widely available to anyone who can
use a computer
Competing in the information age
Examples of the power of business and
technology
Amazon – Original business focus
was to sell books
Netflix – Original business focus
was to rent videos via mailboxes
Zappos – Original business focus
was to sell shoes
Competing in the information age
Uber does not own a single car.
Airbnb does not own a single
hotel or rental property.
Facebook does not create any
content.
Amazon does not make any
Data is Driving and Transforming products or own any inventory.
Business
Zappos does not make any shoes.
Competing in the information age
Internet of Things (IoT) - A
world where interconnected
Internet-enabled devices or
“things” have the ability to collect
and share data without human
intervention
Machine-to-Machine
(M2M) - Refers to devices that New opportunities arise when information
connect directly to other devices technologies are applied to business problems
in novel and innovative ways.
Competing in the information age
The core drivers of the
information age
Data
Information
Business intelligence
Knowledge
Thanks
