Articles on Management Information System

Management Information System – Understanding Information Systems

Introduction In today’s information and communication age, there is a constant reference to information systems and management of information systems....

The Changing Face of Business Environment

Introduction The last decade has shown rapid development in the information technology and its application. This has helped changed the...

Different Types of Information Systems and their Components

Introduction An information system is integrated and co-ordinate network of components, which combine together to convert data into information. Components...

Information Systems vs Information Technology

Introduction It is often observed that term information system and information technology are used interchangeably. In a literal sense, information...

Perils and Consequences of Information Overload and Drowning in a Sea of Information

What is Information Overload ? We are drowning in a sea of information. We are inundated with news, views, opinions,...

Communication Systems and Groupware – Information System Concepts that Apply in All Functional Areas of Business

Introduction Information systems can be defined as set of co-ordinated network of components, which act together towards producing, distributing and...

Emerging Trends in Information Technology

Introduction 21st century has been defined by application of and advancement in information technology. Information technology has become an integral...

Impact of Internet Revolution in Business

Introduction Worldwide influence of the internet is well-established and acknowledged. Penetration rate of the internet has been phenomenal; almost 1/3rd...

Internal Technology Framework: 7S Framework

Introduction In the modern age of cutting-edge technology and continuous innovation, product life cycle is ever shortening. There is constant...

The Alignment of Technology and Corporate Planning

Introduction In the digital age, information technology plays an important role in the success of an organization. Technology provides edge...

Information System for Business Effectiveness

Introduction In this digital age with fierce competition, it is essential that managers within organization are completely aware and receptive...

Information Technology and Business Intelligence

Introduction After 1990s there was a major transformation in the commercial world. All the organizations across industry sectors have started...

Information Technology as Driving Force for Innovation

Introduction Last two decades have seen great stride in information technology. The development in information technology has changed the way...

Elements of Information System Model

Introduction Proliferation of information technology has increased in the last decade. Today’s organizations are acknowledging the importance of information systems....

Information and Strategy – The Virtual Value Chain

Information and Strategy In today’s digital age information technology and information systems play an important role in success of organization....

Introduction to Information Technology (IT) Strategy

Introduction: What is IT Strategy and Why it is Important As the joke goes, A person who is sitting in...

Value Chain and E-Strategy – Components of Commercial Value Chain

Introduction All companies undertake series of activities in order to deliver a product to the customers. These series of activities...

Components of Commercial Value Chain

Introduction The concept of the value chain was introduced by Michael Porter. The concept helps categories’ activities undertaken by enterprise...

The Quantitative Approach for e-Strategy – Seven Dimensions of e-Commerce

Introduction The way business or commerce gets conducted has undergone a great deal of change due to the advent of...

The Marketing Function – Market Environment, Marketing Cycle and Components of Marketing Information System

Introduction The role of information technology and systems is to improve productivity of organization. Information systems are deployed across functional...

Marketing Channel Systems – Meaning and Important Concepts

Introduction The last two decades have changed the way business is getting conducted. Some businesses are still using traditional channel...

Sales Support System

Introduction Sales support systems were developed to assist the sales force in improving productivity. This improvement in productivity was through...

Information System in Retail Sector

Introduction An important element of the supply chain is the retail. Retail is the place where the products and goods...

Information System for Recruitment and Selection

Introduction Human resource is one of the pillars which defines a strong and successful organization. Workforce is the backbone of...

Information System for Training and Development

Introduction A successful organization is built on satisfied and trained employees. They are the company’s greatest assets. Employee development is...

Employee Relationship Management (ERM) through Information System

Introduction Employee relationship management is management of relationship between employees and employers. It is made up of initiatives which improve...

Information System for Talent Management

Introduction Information technology and system have changed the way business gets conducted. Every decision-making process is enhanced with utilization of...

Information System for Knowledge Management

Introduction Knowledge is very important for survival of organization. Historically, employees have gathered knowledge through trial-and-error method or by working...

Employee Portal for Human Resource

Introduction Information systems have revolutionized the way businesses get conducted. It facilitates automation across departments. Information systems are getting actively...

Information System for Decision Support

Introduction In the current globalized business environment, decision making is becoming more and more difficult. Some of the problems faced...

Working Capital Management – Cash, Inventory and Account Receivables

Introduction Businesses require adequate capital to succeed in business environment. There are two types of capital required by business; fixed...

Financial Analysis and Planning

Introduction Financial analysis and planning are one of the fundamental activities and responsibility for the finance department. Financial analysis and...

Strategic Finance – Meaning and Important Concepts

Introduction For an organization to succeed in the global and competitive world, it needs to have a robust strategic plan...

Finance Intelligence and Its Components

Introduction In the modern global and competitive business world, it is very important to the companies to enjoy financial success....

Introduction to Tally Software and Its Features

Introduction Tally is powerful accounting software, which is driven by a technology called concurrent multi-lingual accelerated technology engine. It is...

The Capability Maturity Models and their Usefulness for Organizations

Capability Maturity Models When organizations want to be certified for their quality or operational excellence, they usually turn to quality...

Emergence of ERP System

Introduction Enterprise Resource Planning or ERP is one the most common term used among corporate world, business school and in...

Introduction to E-Procurement – Tools, Application and its Benefits

Introduction In layman’s term, e-procurement is nothing but electronic data transfer to support operational, tactical and strategic procurement. E-procurement has...

Enterprise Marketing Automation

Introduction Enterprise marketing automation is part of customer relationship management module. Enterprise marketing automation can also be an independent software...

Top 5 ERP Solutions Providers and their Pros and Cons

Introduction Enterprise resource planning has been the forefront in providing efficiency and productivity solution to the companies all over the...

Business Analytics – Meaning, Importance and its Scope

Introduction The word analytics has come into the foreground in last decade or so. The proliferation of the internet and...

Business Intelligence – Architecture, Components and its Benefits

Introduction The current business environment is constantly evolving. The global economic scenario is providing opportunities as well as challenges. The...

Business Intelligence Architecture and Tools

Introduction Business intelligence is an important to ensure the following: Various decision-makers and analyst have a direct and un-interrupted access...

Data Warehouse, Data Marts and Online Analytical Processing (OLAP)

Introduction One of the critical components in the information technology age is the data. Data is the source of all...

Information Technology and Business Alignment: Why it is Important

Introduction: What is IT Business Alignment and Why it is Important The saying about the Blind Men and the Elephant...

Emerging Platforms – Cloud Computing

Emerging platforms are new technology developments and business models for which a theory is yet to be formulated, and yet...

Insight into Big Data

Organizations produce an exploding amount of data while capturing bushels of bytes of information pertaining to their operations, customers and...

IT-Governance and Why it is Important

Introduction: What is IT governance and why it is important? It is not enough for corporations to have IT systems...

IT and Systemic Risk and its Implications for Business

Introduction: What is Systemic Risk and How Does it Affect Business Globalization has brought the world together and the rapid...

How Information Technology can Enable Governance in Developing Countries

The Problems of Governance in Developing Countries Governance is a problem in many Third World countries where the structures and...

Information Security Threats in Organizations and Ensuring Prevention and Recovery

It has become commonplace in contemporary organizations to have extensive IT (Information Technology) infrastructure and software and hardware assets. Indeed,...

Trends Driving the IT Hardware Industry Over the Next Three Years

With the explosive growth in the personal computing market, there has been a marked increase in the number of new...

How Big Data and Algorithms along with Platform Capitalism Rule Our World

The Elements of the Digital Economy If you have ever transacted on an eCommerce site or have used your Smartphone...

Transformation of Business Intelligence in the Age of Big Data

The Transformation of Business Intelligence from Analysis to Prediction Business Intelligence which refers to the slicing and dicing of data...

Importance of Critical Thinking in the Age of (Mis)-Information

Information Overload can Drown Us We are literally and metaphorically drowning in information. From the time we wake up and...

The Equifax Data Breach Scandal

The credit rating business in America is largely an oligopoly. It is run by three major companies, Equifax, TransUnion, and...

All You Need to Know about Data Security and How to Protect yourself Online

Data Security in the News for All the Wrong Reasons The issue of data security has been in the news...

What the rise of Cloud computing means for the IT Industry?

The Emergence of Cloud Computing While much has been written and said about the emergence of Artificial Intelligence and how...

Optical Character Recognition and E-Invoicing

Automation of business processes has become the single objective of every multinational corporation. Automation saves a lot of money in...

Formulating Information Security and Data Protection Policies When Firms Go Digital

The Paradigm Shift Needed as the World Transitions from Analogue to Digital Information Security and Data Protection are central to...

The Rise of Machine Learning

Machine learning seems like an “IT” buzzword. It seems to be the sort of thing that would make a difference...

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Articles on Management Information System