INFORMATION SYSTEM
APPLICATION DEVELOPMENT
PRESENTATION #1
TYPES OF INFORMATION SYSTEM
MANAGEMENT
1. Transaction Processing Systems:
A transaction encompasses all of the
purchases and sales of products and
services, along with any daily business
transactions or activities required to
operate a company.
A transaction processing system ensures
that all of the contractual, transactional,
and customer relationship data is stored
in a safe location and accessible to
everyone who needs it. It also assists in
the processing of sales order entries,
payroll, shipping, sales management, or
other routine transactions needed to
maintain operations.
2. Decision Support Systems: A decision support system
processes data to assist in management decision-making. It
stores and gathers the information required for management
to take the proper actions at the correct time. For example, a
bank manager can use a DSS to assess the evolving loan
trends to determine which yearly loan targets to meet.
Decision models are programmed into the IS to analyze and
summarize large quantities of information and put it into a
visual that makes it understandable.
3. Executive Support System: Executive support systems are
similar to a DSS but are primarily used by executive leaders
and owners to optimize decision-making.
An expert system helps enterprise leaders find answers to
non-routine questions so they can make choices that improve
the company's outlook and performance. Unlike a DSS, an
executive support system provides better telecommunication
functionality and a bigger computing functionality.
Graphics software is integrated within an ESS to display data
about tax regulations, new competitive startups, internal
compliance issues, and other relevant executive information.
This allows leaders to track internal performance, monitor the
competition, and pinpoint growth opportunities.
4. Management Information Systems: A management
information system uses various transaction data from a TPS
to help middle management optimize planning and decision-
making.
It retrieves TPS information, aggregates it, and generates
reports to help those at the management level know
important details of a situation. Summaries and comparisons
are utilized to allow senior managers to optimize the decision
making process to achieve better results.
Most of the report formats encompass summaries of annual
sales data, performance data, or historical records. This
provides a secure and systemized way for managers to meet
their targets and oversee business units.
DIGITAL AND VIRTUAL WORLD
Virtual World: it is when a
person guides a group of
people remotely in real time.
Video conferencing tools like
Zoom, Microsoft Teams, or
Google Meet are typically used
during virtual meeting. In
short, virtual meeting takes
place at the same time
(synchronous) but participants
join from different places.
Digital world: it is an umbrella term that covers face-to-face
facilitation using a digital platform (like, hey, Howspace),
virtual facilitation, and asynchronous facilitation such as the
exchange of emails and instant messages. In other words,
digital facilitation combines asynchronous and synchronous
collaboration with remote and physical interaction, and by
doing so, allows the facilitator endless possibilities to engage
with the participants.
In short, digital facilitation means helping a group of people
reach their common goals with the help of digital tools.
INFORMATION SYSTEM STRATEGY
TRIANGLE
The information systems strategy triangle includes business,
organization and information strategy, and it symbolizes how
a company must align all three of these strategies together to
use information systems for the company's benefit. When
implementing an information system, a company must
consider its goals, place in the market, its organizational
culture and its business processes.
Business strategy deals with how a company seeks to gain a
competitive advantage over its competitors in the
marketplace, and it focuses on the company's ultimate goal,
whether that is producing a product that computers cannot or
offering a product for the lowest price.
THANK YOU