ITS3300 CH1 (LEC01)

What are four skills that employers value in today’s workforce?

Analytical Thinking, Communication, Creativity & Innovation, Collaboration & Teamwork

Why is hard work not enough?

You need higher level cognitive and collaborative skills

What do employers want?

1.Self-starters

2.manage activities independently

3.communicate clearly and work well with others

4. asking questions, contributing ideas, pulling weight in teams

What are Robert Reich’s 4 key skills?

1. Abstract Reasoning

2. Systems Thinking

3. Collaboration

4. Experimentation

Which laws drive data processing, storage, and communications costs to essentially zero?

Moore’s, Metcalfe’s, Kryder’s

What is the definition of Abstract Reasoning?

the ability to make and manipulate models

Abstract Reasoning is important because it enables you to

solve complex concepts, patterns, and relationships

What is the definition of Systems thinking?

the ability to see interconnections between components

Systems thinking is important because it enables you to

understand interconnections, sustainability, complex problems, and predicting outcomes

What is Collaboration?

the activity of two or more people working together to achieve something

Collaboration is important because it enables you to

sharing goals & ideas, adapting to change, and improving efficiency & productivity

What is Experimentation?

making a reasoned analysis of an opportunity and envisioning potential solutions

Experimentation is important because it enables you to

innovate, adapt, and drive continuous improvement

What is Information Age?

a period in history where the production, distribution, control of information are the primary economic drivers.

What does digital revolution refer to?

the conversion from mechanical/analog devices to digital devices

Bell’s Law

a new computer class forms roughly every decade

Moore’s Law

transistors on a chip doubles every 18 months

Metcalfe’s Law

Value of network= the square of number of users 

Nielsen’s Law

network connection speed grows 50% per year

Kryder’s Law

storage density doubles every 13 months

What is MIS? (Management Information Systems)

the management and use of IS to achieve organizational strategy

What is the difference between IS and IT

IS involves people & processes

IT involves hardware, software, standards, methods only

What is Data

the unprocessed facts (numbers, dates, strings of text ex. a list of temperatures recorded)

What is Information?

Data processed to provide meaning (ex. calculating average temperature)

What is Knowledge?

Insights and understanding from information (ex. predicting weather trends)

What are the four Data Managements?

Storage, Retrieval, Integrity, Security

What are the 3 Data Sources?

User input, Sensors, External systems

What are the 3 Data Types?

Structured (tables), Unstructured (email), and Semi-structured (HTML)

What does Data Processing do?

turns data into useful information

What does Information enable?

Communication and Collaboration within organizations

What are the four types of Information?

Reports, Graphs & Charts, Alerts & Notifications, Documents

Why does IS exist? (Information Systems)

to help organizations achieve their strategies