Unit S1104 – Strategic Information Management
Executive Summery
Information is very vital for any business operations. So it is important for the organisations to develop effective management information systems. The information from the management information systems should be used to make effective strategic decisions and to make effective strategic decisions the information has to be the best possible information available. It is also important for the organisations to ensure that all data is coming from a valid resource. My role within IT is Logistics Coordinator and communications champion; I am responsible to ensure that the information is communicated onto the relevant people and communicated in the correct way. I must also ensure that the information is correct an relevant to the company and who I am communicating it to.
Show that you understand the impact of management information within your Organisations
Data is a collection of facts about events. This collection of facts is in raw form meaning that this is an unorganised and unprocessed form, which cannot be used for meaningful purpose for example Name, Age, and Price. Data can be qualitative or quantitative of a collection of both. Such qualitative and quantitative data is attributed to a variable or different set of variables. Data is obtained on the bases of different variables depending on the nature of the data. Data is collected in a large form and then information and knowledge are filtered from the data to support in decision making
The information must be comprehensible i.e. clear, well organised and structured, must be timelines i.e. suitable to complete related task and must be accurate to generate the expected result properly.
The process for data being transformed into information is as below
Figure 1- Information process
In a business environment data is a valuable asset for any organisation. While selecting data and information for decision-making we must apply some criteria to this selection such as accuracy, validity
Information is very vital for any business operations. So it is important for the organisations to develop effective management information systems. The information from the management information systems should be used to make effective strategic decisions and to make effective strategic decisions the information has to be the best possible information available. It is also important for the organisations to ensure that all data is coming from a valid resource. My role within IT is Logistics Coordinator and communications champion; I am responsible to ensure that the information is communicated onto the relevant people and communicated in the correct way. I must also ensure that the information is correct an relevant to the company and who I am communicating it to.
Show that you understand the impact of management information within your Organisations
Data is a collection of facts about events. This collection of facts is in raw form meaning that this is an unorganised and unprocessed form, which cannot be used for meaningful purpose for example Name, Age, and Price. Data can be qualitative or quantitative of a collection of both. Such qualitative and quantitative data is attributed to a variable or different set of variables. Data is obtained on the bases of different variables depending on the nature of the data. Data is collected in a large form and then information and knowledge are filtered from the data to support in decision making
The information must be comprehensible i.e. clear, well organised and structured, must be timelines i.e. suitable to complete related task and must be accurate to generate the expected result properly.
The process for data being transformed into information is as below
Figure 1- Information process
In a business environment data is a valuable asset for any organisation. While selecting data and information for decision-making we must apply some criteria to this selection such as accuracy, validity
Bibliography: Data Protection Act 1998 - The Principles explained", at http://www.legislation.gov.uk/ukpga/1998/29/contents Dr.L.Ali," 7004_Strategic Information Management, 2009", Lecture Notes, Cromwell college of IT & Management Manga Singh," Management Information System", 2010, Thesis http://www.astrazeneca.co.uk/home/ Holtz, Shel . (2003). Getting Employees on the same page. In: Corporate Conversations : A Guide to Crafting Effective and Appropriate Internal Communications. Saranac Lake, NY, USA : AMACOM Books . 1-13. Holtz, Shel . (2003). What we know about employees. In: Corporate Conversations : A Guide to Crafting Effective and Appropriate Internal Communications. Saranac Lake, NY, USA : AMACOM Books . 14 - 34. Holtz, Shel . (2003). Measuring the value of internal communucations. In: Corporate Conversations : A Guide to Crafting Effective and Appropriate Internal Communications. Saranac Lake, NY, USA : AMACOM Books . 261 - 262.