Role Information Technology in Business
Technology has positive affects on global business. The Internet makes it possible for people to communicate easily with associates in other countries. E commerce makes it possible for consumers to purchase almost anything from almost anywhere. And the flow of information is fast and often free once you have paid for Internet access.
Information Technology's Impact on Business
Information technology also helps a business operation to improve their effectiveness and efficiency to run out the business and expand it into bigger type industries.
Information Technology Basic
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- Information
technology (IT) – a field concerned with
the use of technology in managing and processing information
- Information technology is an important enabler of business success and innovation
- Management
information systems (MIS) – a general name for the
business function and academic discipline covering the application of people,
technologies, and procedures to solve
business problems
- MIS is a business function, similar to
Accounting, Finance, Operations, and Human Resources
- When beginning to learn about information
technology it is important to understand
–Data, information, and business intelligence IT resources
–IT cultures
Information in IT
- Data - raw facts that describe the characteristic
of an event
- Information - data converted into a meaningful and
useful context
- Business
intelligence – applications and technologies that are used
to support decision-making efforts
Data, Information and BI
Example data in excel spreadsheet when it turn into a information and BI in a business process.
IT Resources
In a organization people use information technology (IT) to work with information. All the information that been recorded are being keep as data for any other use for other department. This is how a business process being run by a organization using information technology.
IT Culture
Organizational information cultures include:
- Information-Functional
Culture - Employees use information as a means of
exercising influence or power over others. For example, a manager in sales
refuses to share information with marketing. This causes marketing to need the
sales manager’s input each time a new sales strategy is developed.
- Information-Sharing
Culture - Employees
across departments trust each other to use information (especially about
problems and failures) to improve performance.
- Information-Inquiring
Culture - Employees across departments search for
information to better understand the future and align themselves with current
trends and new directions.
- Information-Discovery
Culture - Employees across departments are open to new
insights about crisis and radical changes and seek ways to create competitive
advantages.
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