Question: The foundation for managing data, information, knowledge to maximize the quality, usability, and value of their information resources. Need of the day is Right information,
The foundation for managing data, information, knowledge to maximize the quality, usability, and value of their information resources. Need of the day is Right information, in the right place, in the right format and at the right time. The management (planning, organization, operations and control) of the resources (human and physical) concerned with the systems support (development, enhancement and maintenance) and the servicing (processing, transformation, distribution, storage and retrieval) of information for an enterprise. Information Systeme is a process that links business information needs to information system solutions. Implementing suitable Information Resources Management system will helps corporate to gain the most benefits of managing their business and information by making a linkage between key data and the corporate strategies. Exploring the acquisition, development and implementation of plans and policies to achieve efficient and effective information systems in management perspective is a crucial factor to be considered in any organization. Additionally, identification of how important the Information System is to be used in collaboration and corporate strategy, support of information technology in cellular and Cloud systems, how to use the Information System for competitive advantage and implementation of information system management in enterprise application development should be taken into account for a growth of any organization. PROJECT REQUIREMENTS: Understanding the concepts given, prepare a technical report on IS strategy, acquisition and management for any organization with the following aspects. Research Paper Structure and Outline: Title Page. This contains the name of your project, school year, trimester, and the members of your group. Table of Contents. List the main topics and page numbering of contents. 1. The Information Systems Strategy Triangle (10 marks) Information Systems Strategy Triangle Alignment between decisions of business strategy, information systems, and organizational design Various business strategy frameworks
2. Strategic Use of Information Resources (10 marks) Explain how information resources are used strategically in context of the 5-forces model & how information resources can be used to alter the value chain. Importance of strategic alliances. Risks of information resources. 3. Organizational Impacts of Information System Use (10 marks) The use of information technology impacts an organization. Various of organizational structure that tends to be most willing to embrace technological change and sophistication. Support of IT that has changed the way managers monitor and evaluate Concept and importance of virtual organizations and challenges that are faced by virtual teams. 4. Information System for Managing Business Processes (10 marks) Silo Perspective Versus Business Process Perspective Business Process and Workflow Changing Business Processes TQM & BPR Enterprise Systems Supply Chain Management 5. Managing the information systems function (10 marks) Transaction Processing System Management Information System Decision Support System Executive Information System 6. References. List down all references used in the project. (10 marks) 7. Project Presentation. Create your presentation slides to be used for your project presentation. (15 marks) 8. Presentation Material & Plagiarism Report: The presentation slides and video presentation will be forming part of your project and will be submitted. (15 marks for the presentation, 10 marks for the Plagiarism report = 25marks)
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