Analysis of Performance Enhancement, Strategic Decision-Making, and Business Process Re-Design

Impact of Information Systems on Product and Company: An Analysis of Performance Enhancement, Strategic Decision-Making, and Business Process Re-Design

This is an individual assignment. You are required to write a 1,000-word essay on the topic below. The assignment is worth 30% of your total score in this module. However, it will be marked out of 100 percent. Please look carefully at the scoring rubric at the end of the document to see where marks will be assigned. 

Learning outcomes

This assignment will measure the following learning goals

⦁ Explain what information systems are and explain their use in an organizational context.

⦁ Assess how information systems can enhance the performance of an organization.

⦁ Consider how information systems can be used in strategic decision-making and

business process re-design.

⦁ Define the fundamentals of hardware, software, database management and

systems and their relationship to management activities of an organisation.

Assignment Brief

Many, if not most of the devices we use today incorporate Information systems, including cars, phones, global positioning systems and artificial intelligence. This has had a huge impact on the way businesses operate. In this essay, you should choose a product that involves an information system. You should discuss how the product differs from similar products in the past and how this affects the way the company that manufactures the product does business. Think of the social as well as the technical implications of the product.

               

You should consult the research literature in EBSCO and Google Scholar to back up the points you make in your essay. Use peer-reviewed journals and Harvard referencing throughout. The essay should include the following sections. Please see the rubric below for details on marking. 

1. Introduction: Introduce the product. Explain why you chose to focus on this company or service. 

2. Explain what information systems are and how they are used in business. You should consider the different types of information systems that exist and the different types of hardware and software used in information systems. 

3. Explain how the information system related to the product you chose enhances the performance of the company or service related with it. Again, refer to types of information systems and how the people, information and technology would interact. 

4. Explain how this information system could help managers to make strategic decisions and redesign business processes.

Canvas knowledge management systems

Introduction

Canvas is a solution for learning management used by schools. Developed in 2011, Canvas is intended to include users better in organizational teaching and learning processes. Instructure has a built-in video application named Canvas Studio for online training. The notion of information management frameworks with expertise is being dealt with. Management of knowledge aims to optimize corporate learning in order to increase. Wissen is the product of mental processes, beginning with perception, logic and imagination in the case of humanity. KM can be split into two programs: normal and living organism, which have nervous system and artificial systems simulating or partly reproducing the natural system. Awareness can be described as the information that is stored in an organization and used according to such goals by intelligence (Mpungose & Khoza, 2020). In the organizational documentation, an information management framework helps to be properly developed and up-to-date. This definition considers the organisation as a super network linking people's networks, information and communication systems. A knowledge management portal helps to deliver information efficiently to those who need it through the use of services such as Canvas that provide technical assistance to corporate clients, a consumer product that supplies supermarket products or a helpdesk manager dealing with internal customers. Knowledge management aims to optimize corporate learning to boost its global competitiveness. Knowledge must not be divided into two different groups. In this way, partnership potential or interaction b is one of the basic principles for information.

Information Systems

The IS (information system) refers to a collection of organized structures that are intended for the management of data and information to be collected and stored efficiently and rapidly.  Each information system consists of a variety of interconnected and interacting services, which are configured most conveniently based on the information target outlined, such as personal data collection, statistical care, file organization and so forth (Murray & Scuotto, 2015). 

The Canvas information system coordinates the operations of the organisation through the structuring of exchanges and helps it to attain its goals. The knowledge system must accomplish the organizational plan strategically aligned in a particular way (Murray & Scuotto, 2015). The study of the "business" structures and interactions/interrelationships of the enterprise and not merely of market-standardized IT strategies are based upon the information system. The information system is the medium for the organization's entities. The framework consists of all the services that are arranged for the: collection, storage, processing, communication of information (personnel, hardware, applications, procedures).

Types of information systems

From a business or organizational point of view, information systems can be classified as:

Transaction Processing Systems (TPS). They often gather information relating to the transactions of an organisation, which are known as organizational management systems; 

Executive Information Systems (EIS). Monitors internal and external management factors within a particular field of the organisation.

Management Information Systems (MIS). They analyse the organization's general knowledge and see it in its entirety.

Decision support systems (DSS). In order to assist the company management in the treatment of intraspecific and extra-organizational knowledge.

Based on the area and the basic roles required of it, there are different specialized or implemented types of IS. To list them all will be too long.

Information Management System

Canvas Information management in organizations is described as all the way to learning. This has the consistency that the organisation is multinational and national. The expertise and insight created by everybody who makes up the organization and even from outside sources enhances its intellectual resources (Yogesh Malhotra, 2000). Anything mentioned above will help establish competitive advantages. The organisation is based on the sustained development of systems and internal communication as it facilitates the sharing of information. Persons and their understanding are the immaterial dynamic commodity which increases the capacity to innovate and the valuation of the business with it. The value of information as a differentiating factor is gradually being accorded to businesses. The control of expertise and capacity to learn quickly is the actual chance to produce a strategic benefit in an increasingly globalized economy (Maier, 2010). But the quest for greater and deeper comprehension should not be confined to the boundaries of the industry itself (Awad & Ghaziri, 2013). Similarly, external relations: customers, vendors and external partners are streamlined.

knowledge management systems contributions to making strategic decisions 

The new society has a propensity to communicate and handle information with a larger vision like crowdsourcing. In order to encourage creativity, organisations should be fostered more and better. It is necessary to make it possible for expertise and knowledge to be transferred from one individual to another (Yogesh Malhotra, 2000). Therefore, a new understanding is born, which in turn contributes to its new use. Each employee's unique experiences are paired with company experiences. This stops you from constantly committing the same errors, thereby increasing your success. The positive effect of this dynamic on the staff is being felt. Information creation, distribution and development in situations in which the risk and confusion prevailed demands imaginative and imaginative skills (Honeycutt, 2000). The easiest way to do this is to recognize and appreciate the job the employees do. This is a good motivator for the exchange and multiplication of information in the entire organizational system. However, systems and tools are also important for the storing and analysis of data. The aim is to provide workers with accurate and timely knowledge in all fields (Mckenzie & Van Winkelen, 2006). This makes it possible to make the best decisions on the basis of global information processing at the right time.

Access to knowledge is universal.

Set up systems for knowledge transfer. Identify roles and abilities.

Set up systems to classify information automatically (competitive advantages).

Link individuals and systems by implementing resources.

Identify champions with expertise in key locations (identify competitive advantages).

The method has to be scalable to respond to evolving business processes (organizational learning). The model has to be renovated.

Conclusion

Any information system provides tailored resources for developing knowledge management tools for a network of users who are actively involved in the information life cycle. In order to manage the content, activities and interact and generate workflows, projects, jobs, departments, privileges, roles, participants in the extraction and generation of new knowledge, to add value and to translate it, the development of new services, using a new approach, this information systems may serve cooperation procedures, cooperation between communities, virtual organizations, societies or other virtual networks.



References

• Awad, E. M., & Ghaziri, H. M. (2013). Knowledge management. Dehli Phi Learning Private Limited.
• Honeycutt, J. (2000). Knowledge management strategies. Microsoft Press.
• Maier, R. (2010). Knowledge management systems: information and communication technologies for knowledge management. Springer.
• Mckenzie, J., & Van Winkelen, C. (2006). Creating Successful Partnerships: The Importance of Sharing Knowledge. Journal of General Management, 31(4), 45–61. https://doi.org/10.1177/030630700603100404
• Mpungose, C. B., & Khoza, S. B. (2020). Postgraduate Students’ Experiences on the Use of Moodle and Canvas Learning Management System. Technology, Knowledge and Learning. https://doi.org/10.1007/s10758-020-09475-1
• Murray, A., & Scuotto, V. (2015). The Business Model Canvas. Symphonya. Emerging Issues in Management, 3, 94. https://doi.org/10.4468/2015.3.13murray.scuotto
• Yogesh Malhotra. (2000). Knowledge management and virtual organizations. Idea Group Pub.