Lecture 1:
Introduction to the module Who, when, where, how, what, why
Management Information Systems (MIS) / Information Reporting Systems Decision Support Systems (DSS) Group Decision Support Systems (GSS or GDSS) Expert Systems (ES)
Key concepts
System concepts
MIS, DSS, ES, EIS, BI, ...
Technology concepts
Database: Data warehouse, data mart, data mining, OLAP Other technologies: AI, ANNs, fuzzy logic, genetic algorithms, intelligent agents, mobile applications, augmented reality, content management systems
Key concepts
Management techniques
Balanced scorecard Key Performance Indicators (KPIs) Knowledge management What if? analysis
Optimisation ...
Key concepts
Management decision-making
Levels of management: strategic, tactical, operational Types of decision: unstructured, semi-structured, structured
Elements of decision-making
Planning Organising Command
develop a plan of action for the future providing resources to carry out activities maintaining activity among staff harmonising activities and effort verify against plans, instructions, standards Communication
Co-ordination Control
Levels of information
International
trade, financial transactions, rate of exchange
National
demographic: health, education provision
Corporate
organisation within market or industry
Department
meeting targets: production, sales, deadlines
Individual
personal salary, travel expenses
Layers of management
Directors (finance, personnel, sales, R&D)
Top
Middle
Operations
Types of decision
Top
Middle
Operations
Examples of decisions
Top
Middle
Site of new branch? Merge with another company? Set sales goals
Operations