CH 8 Info Systems
Business Processes
Definition: A network of activities that generates value by trans+forming inputs into outputs.
Dramatic Changes in Business Processes
Example: Walmart's checkout system resembles Amazon Go stores where customers scan items and are charged upon leaving, reducing theft.
Reflection on changes in various industries:
Banking Industry:
Shift towards online banking.
Impact:
Reduction in fraud cases.
Fewer employees required.
Decreased foot traffic in banks.
Discussion on industries that have not seen drastic changes.
Distinction: Structured vs. Dynamic Processes.
Common Workgroup Processes
Each workgroup has a specific information system tailored to fulfill their unique needs.
Information systems vary by scope, ranging from small scale to large scale.
Information Silos
Definition: A condition where data is isolated in separate information systems.
Problems arising from information silos:
Data duplication.
Data inconsistency (e.g., not having a married name).
Disjointed processes.
Lack of integrated enterprise information.
Inefficiency leading to isolated decision-making.
Increased operational costs for the organization.
Visual representation: Table of problems created by information silos.
Improving Process Quality
Two key measures for assessing process quality:
Process Efficiency:
Ratio of outputs to inputs.
Aim: Achieve high efficiency quickly.
Process Effectiveness:
Measures how well a process fulfills organizational goals.
Focuses on overall goals.
Methods to improve processes:
Changing process structure.
Altering process resources.
Combination of both approaches.
Example of process improvement:
Patient Appointment Scheduling System:
Enhances process quality through partial or full automation.
Controlling Data Quality:
Ensures data completeness and correctness prior to progressing through activities.
Business Process Reengineering (BPR)
Definition: The redesign and alteration of business processes leveraging new information systems.
How enterprise systems address departmental silos:
Integration of data into a single database (a primary solution).
Revisions to applications and processes to remove duplicate data.
In-Class Activity: Making a Box Cake
Steps outlined:
Read instructions.
Gather ingredients and measurements.
Measure and pour the ingredients into a bowl.
Dump premade mix into the bowl.
Mix using a spatula.
Transfer to a greased pan.
Place in the oven.
Set a timer.
Remove when fully baked.
Allow to cool.
Inefficiencies observed:
Incorrect measurements.
Forgetting to preheat the oven.
Proposed solutions for information silo issues:
Machine to measure ingredients accurately.
Machine to operate the oven automatically.
Integration of Processes and Technologies
Role of enterprise systems:
Foster stronger and quicker linkages in the value chain.
Challenges:
Complex and costly implementation processes.
Often require high-level skills and considerable time investment.
Emergence of three major enterprise applications:
Customer Relationship Management (CRM):
Manages customer interactions through four phases of the customer life cycle:
Marketing.
Customer acquisition.
Relationship management.
Loss/churn management.
Supports a customer-centric organization; notable principle:
Pareto Principle: 80% of business revenue typically comes from 20% of customers.
Enterprise Resource Planning (ERP) Systems:
Comprised of applications, a database, and a set of processes consolidating business operations into a unified platform.
Primary purpose: Integration enabling real-time updates.
Enterprise Application Integration (EAI):
Connects isolated systems and facilitates data sharing.
Provides a layered integration while maintaining existing operational functions.
Allows phased transition to ERP.
Implementation Challenges of Enterprise Systems
Collaborative Management:
Absence of a single responsible manager.
Involves the use of committees and steering groups.
Identification of Requirement Gaps:
Limited product alignment; licensed products rarely meet every need.
The complexity of product features complicates gap identification.
Transition Problems:
Need for careful planning and staff training.
Employee Resistance:
Importance of communicating the necessity for change.
Provision of training, coaching, and incentives to facilitate acceptance.
New Technology:
Emerging technologies introduce uncertainties.
Future Projections: What to Expect in 2034?
Anticipations regarding ERP vendors and the adaptation of cloud-based ERP systems.
Hybrid model expected where:
Majority of data is stored on vendor-managed cloud servers.
Sensitive information retained on local servers.
Considerations:
Mobility will persist as a potential security challenge.
Regulatory Standards
Importance of government and financial standards in compliance monitoring for organizations.
Discussion of how machines are capable of employing ERP systems autonomously (future advancements).
Anticipation of AI as a contributing factor in business innovation and management.