StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Driving Value from Business Information Systems - Assignment Example

Cite this document
Summary
The assignment "Driving Value from Business Information Systems" focuses on the critical analysis of the need to drive value from business information systems. One important aspect of learning that was undertaken this week was the real essence of having business information systems…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.3% of users find it useful
Driving Value from Business Information Systems
Read Text Preview

Extract of sample "Driving Value from Business Information Systems"

This week’s lessons have however shown that this is not the case. For my final project, therefore, I am going to look at best practices that ought to be in place for my selected organization to gain value from its information systems. It will be very important that the organization will seek changes in results rather than looking for changes in the way things are done. It is from this perspective that the final project will be focusing on.

Ahead of the final project, a preliminary literature search has aided in outlining some important things that my organization, which is Walmart can do to drive value. In the first place, the organization needs to have the realization that real value is not in the information systems but in the people that power the systems (Khani and Bahrami, 2011). What this means is that the value of the information system is largely dependent on the value of the human resource that works with the systems. As a result of this, human resources must constantly be equipped through various means of competency-based training that are directed related to the technical demands of the information system. The second recommendation for creating value has to do with the need to expertly align the processing output of the information system with the strategic goals of the organization. This is because where the system is made to function in a way that is not related to the organizational goal the consequence will be that value-driven will not be of influential benefit to the organization (Tallon and Pinsonneault, 2011).

With the above note, another major issue that has to be considered has to be the source of perpetual funding for the information system. This is because there are accounts of organizations that have been stuck with their information systems that never grew from the levels from which they were implemented due to a lack of funds (Khani and Bahrami, 2011). Meanwhile, the constant advancement of systems through system improvements is very relevant in ensuring that systems become effective in yielding the level of values they are targeted to yield. With this understanding in mind, it will be very important that the organization will have a technology fund that is specifically dedicated to the development and advancement of the information system that will be put in place. Most preferably, it is suggested that the technology fund will be an internally generated fund that can constantly be monitored for its inflows and outflows. It is hoped that once this is done, the information system can constantly be advanced to create levels of values that are competitive with the changing global business environment (Porter, 2008).

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Assignment: Final Project - Business Memo - Driving Value From Assignment, n.d.)
Assignment: Final Project - Business Memo - Driving Value From Assignment. https://studentshare.org/business/1817076-assignment-final-project-business-memo-driving-value-from-business-information-systems
(Assignment: Final Project - Business Memo - Driving Value From Assignment)
Assignment: Final Project - Business Memo - Driving Value From Assignment. https://studentshare.org/business/1817076-assignment-final-project-business-memo-driving-value-from-business-information-systems.
“Assignment: Final Project - Business Memo - Driving Value From Assignment”. https://studentshare.org/business/1817076-assignment-final-project-business-memo-driving-value-from-business-information-systems.
  • Cited: 0 times

CHECK THESE SAMPLES OF Driving Value from Business Information Systems

Information System in Business

The essay "Information System in Business" analyzes the major [peculiarities of the use of information systems in business.... Propose some actions that can be taken during development and deployment of systems to improve delivery of benefits, explaining what each action aims to achieve.... Unique from other systems, MIS recognize human interactions and consider the human behavior factors in the processes of management.... t is said that 70% of information System projects fail to deliver the expected benefits....
4 Pages (1000 words) Essay

The Estimation on the Value of Information Systems

This dissertation "The Estimation on the Value of information systems" proposing an integrated general information system model that can be applied in hospitals in the UK and demonstrates the usefulness and value of the model for strategic hospital management and patient safety.... information systems and technology information have been at the forefront in ensuring quality measurement and accreditation aimed at improving healthcare quality in the UK.... The available literature and researches lack appropriate analysis to bring out the real value of information systems applicable in the health sector....
8 Pages (2000 words) Dissertation

How to Choose a Content Management System

Last visited February 12, 2006Kreimer, CW, (2005), How to Keep Your Web Site Content Fresh and Relevant New Content Management systems Cheaper, Feature-Rich'.... The net effect is that the reader comes away with reliable, useful information and tools to form the backbone of a CMS implementation strategy.... Figure 1 - Source: Ellis (2002)WebSideStory agrees with the findings of other commentators2 who have explained the phenomenon of CMS 'shelfware3' arising from the failure of organizations to have a content management strategy4: Identify specific requirements and determine goals;Put a business case in place; Involve potential stakeholders when drawing up requirements; and Ensure potential content writers are part of the early adopters' team....
2 Pages (500 words) Essay

Should Drivers Be Allowed to Use Cell Phones While Driving

The increasing use of mobile phones in vehicles is part of a larger trend related to the introduction of technologies that could divert attention from driving.... This third argument is consistent with the hypothesis that mental distraction associated with phone conversation is the main contributor to crash risk, rather than other factors like physical interference with the driving task resulting from dialing.... According to the following paper, in the recent past, there has been growing concern about the safety of using mobile phones while driving....
8 Pages (2000 words) Lab Report

Information for Decision Making

The aim of the paper 'Information for Decision Making' is to analyze decision-support systems (DSS), which serve the management level of the organization.... learly, by design, DSS has more analytical power than other systems.... DSS are designed so that users can work with them directly; these systems explicitly include user-friendly software.... ecision Support systems (DSS) are a specific class of computerized information system that supports business and organizational decision-making activities....
8 Pages (2000 words) Assignment

Information Systems Strategy

This work called "information systems Strategy" describes e-marketing as an essential tool for all businesses.... It has made the distribution of information to be very cheap.... It embraces the management of data for digital customers and business management functions.... Use of e-marketing in a business is the right choice for any business that needs to growThe use of e-marketing has created a lot of uniqueness in marketing....
9 Pages (2250 words) Essay

Role of Fair Value Accounting in the Financial Crisis

Earlier, different countries established their own jurisdictional systems with respect to the account ting measures.... The paper "Role of Fair value Accounting in the Financial Crisis" is a wonderful example of a literature review on finance and accounting.... The paper "Role of Fair value Accounting in the Financial Crisis" is a wonderful example of a literature review on finance and accounting.... The role of Fair value Accounting (FVA) as a reason driving the financial crisis is identified as a debatable topic....
10 Pages (2500 words) Literature review

Business Information Systems of Lenovo Company

The paper 'business information systems of Lenovo Company' is an excellent example of an information technology case study.... The paper 'business information systems of Lenovo Company' is an excellent example of an information technology case study.... The paper 'business information systems of Lenovo Company' is an excellent example of an information technology case study.... Thiѕ confuѕing ѕituаtion iѕ rooted in the rаpid growth of the MIЅ field (from the dаtа-proceѕѕing erа, powered by eаrly mаinfrаmeѕ, to the ѕtrаtegic informаtion ѕyѕtem erа powered by the Internet аnd the Web), аnd in the multiple pointѕ of view аdopted by reѕeаrcherѕ аnd writerѕ in mаnаgement, communicаtionѕ, deciѕion mаking, politicаl ѕcience, ѕociology, economicѕ, аnd ѕtrаtegy....
7 Pages (1750 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us