The Fundamentals of Managing and Using Information Along with a Sound, Unique Business Vision Is a Core for Future Success in a Business
The fundamentals of managing and using information along with a sound, unique business vision is a core for future success in a business
Abstract
Now a day, more and more businesses conduct their businesses over the internet and are using information technology and information systems to gain competitive advantages. Understanding information use is critical in the context of a goal-oriented information problem. Strategic information systems often change the organization as well as its products, services, and operating procedures, driving the organization into new behavioral patterns. Successfully using information systems to achieve a competitive advantage is challenging and requires precise coordination of technology, organizations, and management. The purpose of this paper is to hypothesise the fundamentals of managing and using information along with a sound, unique business vision is a core for future success in a business.
Introduction:
The growth of computer technology in 1950s had initiated increasing development in information storing and processing. Computer technologies increase the use of information due to its capabilities of analyzing massive amount of data and in producing accurate and timely reports. These unique features of computer capabilities have lead to the introduction of various information systems such accounting information system (AIS), manufacturing resource planning system (MRP) and human resource system (HRM). Information system technology has definitely changed the way businesses are being operated (Elliot, 1992). Firms that are responsive to these changes are perceived to be able to gain competitive advantage. (1).
An understanding of the effective and responsible use and management of information systems is important for managers and other business knowledge workers in today’s global information society; it became a vital component of successful businesses and organizations (3).
Managing Information
In the organization,
Abstract
Now a day, more and more businesses conduct their businesses over the internet and are using information technology and information systems to gain competitive advantages. Understanding information use is critical in the context of a goal-oriented information problem. Strategic information systems often change the organization as well as its products, services, and operating procedures, driving the organization into new behavioral patterns. Successfully using information systems to achieve a competitive advantage is challenging and requires precise coordination of technology, organizations, and management. The purpose of this paper is to hypothesise the fundamentals of managing and using information along with a sound, unique business vision is a core for future success in a business.
Introduction:
The growth of computer technology in 1950s had initiated increasing development in information storing and processing. Computer technologies increase the use of information due to its capabilities of analyzing massive amount of data and in producing accurate and timely reports. These unique features of computer capabilities have lead to the introduction of various information systems such accounting information system (AIS), manufacturing resource planning system (MRP) and human resource system (HRM). Information system technology has definitely changed the way businesses are being operated (Elliot, 1992). Firms that are responsive to these changes are perceived to be able to gain competitive advantage. (1).
An understanding of the effective and responsible use and management of information systems is important for managers and other business knowledge workers in today’s global information society; it became a vital component of successful businesses and organizations (3).
Managing Information
In the organization,
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