What are the 2 drivers affecting the MIS Triangle?
Operational and Strategic
T/F - Careers in MIS are limited to coding skills
False
Careers in MIS are availbale across industries and intersect with multiple disciplines.
What within Business Intelligence undermines the decisions of a company?
Dirty Data
What are 3 main Collaboration Systems studied in class?
Workflow Management
Content Management
Knowledge Management
Others were mentioned such as Groupware, Social Networks and Mashups
Name the 3 aspects that KPIs measure.
Time
Cost
Quality
What are the 3 components of the MIS Triangle?
People
Process
Technology
Name 2 popular occupations for AIS stduents
Data Analysis
Project Managers
Consultants
Information Systems Auditor
Represents all the data a company has within its organization.
Big Data
What is the difference of a structured versus unstructured collaboration system?
Structured: Follows set business rules such as Travel & Entertainment Expense Reimbursement. Workflow Management systems are structured.
Unstructured is "free form" where there's flexibility in organizing and using the system to fit a group's needs. Basecamp is unstructured - there are no business rules being enforced.
An integral part of Business Intelligence systems is a _______ that the analyctis tools and systems use.
Data Warehouse
C-Suite Executives are responsible for making strategic and operational decisions and are held accountable through a _______________.
Balanced Scorecard
Name 2 skill sets obtained by AIS majors
Problem Solving
Aptitude for Computers/Technology
Organizational
Quantitative Organized Material
What are the 3 levels of BI analytics from least sophisticated to most sophisticated?
Descriptive (What has happened)
Predictive (What will happen)
Prescriptive (What to do)
What type of Collaboration Systems is used to manage and publish data for example on the company's intranet?
Content Management
Information Systems are an imperative to companies today because their business are dependent on the MIS Triangle. Strategically, MIS Triangle enables __________ for executives?
Competitive Advantage
KPIs are incorporated into the Balanced Scorecard and operational Dashboards. What 3 broad aspects are being measured?
Time (efficiency)
Quality
Cost
Careers in MIS and Analytics typically pay MORE or LESS compared to other disciplines within business colleges?
More
What are the 4 D's of Business Intelligence?
analyze Data
Discover insights
Display insights (Dashboard or Balanced Scorecard)
make Decision (it's all about BETTER decisions, competitive advantage, more profit)
Which type of Collaboration System would be used to retain details of pertinent information for use in the future? For example, consultants frequently use this type of CS to leverage learnings from one client to another.
Knowledge Management
Zoho Analytics was used in class to create _____ that were consolidated into an operational _________ .
Reports, Graphs, Visuals
Dashboard
Name the 4 categories that are measured as part of a balanced scorecard.
Fianncial
Customer
Internal Business Processes
Learning & Growth
Name 2 resources you can use if you want to explore more about MIS or Analytics majors.
Faculty
Young Alumni Board
Student Success Services (Advisor)
Industry Contacts
What kind of reporting displays performance monitoring measurements in real time?
Dashboard
What does Performance Management display?
Name at least 2 primary reasons Copeland Associates leverages Basecamp.
Assist in team and organization communication.
Assist in managing the projects. Provide accountability.
Repository to organize information and provide submissions to Senior Partners.
For "HR" reasons where good or bad performance is visible and transparent.
Name 3 of the 4 BI tools/systems.
Data Mining
Decision Support,
Expert
AI