Data to Decisions: Mastering Information Systems & Digital Transformation
Information Systems and Knowledge Management
Information Systems
A set of techniques, tools, and agents involved in managing and using data to achieve business objectives.
The DIKW Pyramid
This model illustrates the progression from data to wisdom:
- Data: Raw, unprocessed facts and figures.
- Information: Organized and contextualized data answering basic questions (who, what, where, when).
- Knowledge: Insights gained from analyzing information, revealing patterns and relationships.
- Wisdom: The ability to make
Understanding Organizational Characteristics and Analysis
Organizational Characteristics
Most organizations share common characteristics:
- Provide employment opportunities
- Address and fulfill needs
- Create and deliver products or services
- Develop and disseminate technology
- Transmit cultural values and beliefs
- Distribute and redistribute resources
- Create, possess, and transmit power
- Create, maintain, transmit, and modify knowledge
- Serve as indicators of current society
- Create symbols, image, and prestige
- Pursue general and specific objectives
- Facilitate connections between
Supply Chain Management and Logistics Optimization
Supply Chain, Logistics, and Location
Matching Concepts with Definitions
1. Improved Service: Achieved through shorter delivery times, accurate order status information, and better product quality. (Matches with E: To improve the service)
2. Tactical Logistics: Relates to the tactical aspects of logistics activities. (Matches with C: Geographical Location)
3. Supply Chain Scope: Ranges from raw material production to finished product delivery. (Matches with A: Supply Chain)
4. Logistics Management Components:
Read MoreProject Planning and Control: Techniques and Methods
ITEM 15: Project Planning and Control
Introduction
A project is a series of partially ordered tasks aimed at achieving a significant result, requiring a considerable period for completion. Project management involves planning, programming, implementing, and controlling resources to execute a project successfully. Examples include developing a new product, constructing civil works, or writing a book.
15.1 Project Planning
Before starting a project, a plan is developed to guide its successful completion.
Read MoreEffective Business Planning: Objectives, Principles, and Implementation
Planning
Objectives
It gives a sense of direction or a direction to efforts. These well-defined, known, and practically raised objectives are a motivating force. “If you do not know which way to take, any wind is good.”
Integrated structure: Harmonization of targets suggests a hierarchy, with each subsidiary objective contributing to its immediate superior.
Spill objectives means first defining general and main objectives, then spreading them down.
Effective planning is based on facts, data, and actual/
Read MoreEducational Technology: Whiteboards, Web Resources, and Digital Media Evaluation
Applications of Interactive Whiteboards (IDPs)
Interactive whiteboards offer numerous classroom applications:
- Supporting Teacher Explanations: Visual aids, web pages, videos, CD-ROM/DVD materials, and TV programs can enhance lessons.
- Presenting Diverse Activities and Resources: Teachers can better address individual student needs by presenting a wider range of resources collectively.
- Student Presentations: Students can use whiteboards to present their work, including websites and multimedia projects,