MISM2301 Session Slides - Setting the Stage-Spring2025 sec 8

INTRODUCTION TO MANAGEMENT INFORMATION SYSTEMS

Overview of the Significance of Technology in Modern Business

This section outlines the critical role that technology plays in enhancing efficiency, streamlining operations, and facilitating communication within organizations. Technology is no longer just an operational tool; it is a vital component in strategic decision-making and innovation. Presented by Guohou Shan, Assistant Professor at Northeastern University.

HOUSEKEEPING

• Email Subject Line: Always use "MISM2301" followed by a descriptive topic to ensure clarity and prompt responses from the instructor.

• Completion of Opening Day Questionnaire: Students are encouraged to share their backgrounds and expectations, which fosters a collaborative learning environment.

IMPORTANCE OF MIS

• The trends and demand in the industry heavily favor Management Information Systems (MIS), with businesses continually seeking professionals who can bridge the gap between technology and management.

• MIS professionals are often rewarded with higher salary prospects compared to other fields due to their specialized skill set and crucial role in data management and decision-making processes.

COURSE SCHEDULE AND PERFORMANCE ASSESSMENT

• Core components of the course include an exploration of Information Technology (IT), Information Systems (IS), and the specialized area of Management Information Systems (MIS).

• Overview of the Course Meta-Framework includes a comprehensive review of foundational concepts necessary for understanding modern MIS.

MODULES

• Breakdown of assessments including:

  • Exam 1 and Post-Exam Review: These will assess students' understanding and ability to apply critical concepts of MIS.

  • Assignments: Assignments will be graded on a scale of 0-100 points. The grading scale will correspond to standard letter grades and GPA points to provide clarity on performance expectations.

  • LockDown Browser Overview: Explanation of the use of LockDown Browser for securing online assessments, ensuring academic integrity.

  • Case Studies: Engage with practical questions regarding MIS frameworks and potential process improvements for real-world companies.

CLASS DEMOGRAPHICS

• Insightful data on students’ year in school and primary concentration percentages will be shared to provide context for discussions and group activities.

• The Canvas Function Alert system will be utilized, and general usage statistics will highlight student engagement, helping to tailor support and resources effectively.

ASSESSMENT TYPE

• A detailed table delineates different assignment tasks with respect to permitted, encouraged, and prohibited actions concerning artificial intelligence (GenAI). This aims to clarify expectations for class activities, such as participation, quizzes, and case studies, ensuring that students understand the ethical implications of AI in academic work.

STUDENT CONCERNS

• Acknowledging and addressing student concerns entering the course regarding various challenges, learning opportunities, and support mechanisms necessary for academic success. This section aims to foster an open dialogue for feedback and improvement throughout the course duration.

HARD ROCK CAFÉ CASE STUDY

• Assignment Questions:

  • Develop strategies for increasing profitability in the context of the Hard Rock Café.

  • Analyze significant information issues encountered within the case study, drawing parallels to real-world implications.

  • Identify the positive impacts of new technology paths implemented in the case, with particular emphasis on their transformative effects on customer experience and operational efficiency.

KNOWLEDGE HIERARCHY

• Revisiting the concept of the data hierarchy, highlighting the transition from raw data to actionable wisdom. This is further illustrated through a diagram that encapsulates inputs, processes, outputs, and feedback loops essential for continuous system improvement.

DEFINITION OF INFORMATION SYSTEMS

• Information Systems are defined as a complex assembly of technical and human resources designed to manage an organization’s information needs efficiently and effectively, which is essential for decision-making and strategic planning.

EVOLUTION OF INFORMATION SYSTEMS

• A focus on the diversity of system components, underscoring the roles of People, Processes, Hardware, Software, and Data. This section will delve into how technology facilitates automation, streamlines workflows, and fosters innovation within business processes.

RISK OF TRANSFORMATION FAILURE

• Present statistics, citing trusted sources, on the high failure rates of organization-wide digital transformations, emphasizing the importance of careful planning, execution, and management.

RELEVANCE OF DIGITAL TRANSFORMATION

• An in-depth discussion on why many companies struggle with transformational change and how embracing technology can enable efficient, innovative responses to the market demands and challenges. Examples from recent case studies will be included.

CONCLUSION

• The course will emphasize the importance of integrating business and technology knowledge in developing critical thinking and systems-thinking skills necessary for thriving in contemporary business environments. Students will be prepared to adapt to new financing, employment strategies in technology, and the necessity of audit reliability within business systems.

NEXT TOPICS

• The primary focus for the next session will include Disruptive Technologies, providing students with a foundational understanding of innovation dynamics.

• Assigned readings will feature selections from Gallaugher, emphasizing disruptive innovations and their implications for businesses in navigating modern challenges.