Paper 3.4 - Business Information Management
 

Aim

To ensure that students can exercise judgement and technique in identifying, implementing and managing information systems as part of the strategic management of the organisation.

Objectives

On completion of this paper candidates should be able to:

  • identify the information requirements of different levels of management and understand how information is used to support the objectives of the organisation
  • apply a coherent approach to business analysis including the identification of the current business situation and the gap between that and the required business
  • identify and implement desirable and feasible changes resulting from business analysis
  • prepare a detailed business case to support system changes and use the appropriate tools to support business analysis
  • identify opportunities to use information systems to improve the competitive position of an organisation
  • identify the impact of the development of information systems on the organisation and its environment and
  • demonstrate the skills expected in Part 3.

Content

Information resource management organisational information requirements, uses and value of information (cost/benefit analysis), data collection, information delivery within the organisation, use of Internet/Intranet, electronic commerce, knowledge management, information systems and the strategic planning process.

Business analysis business systems and systems thinking, business v systems analysis and approaches to systems analysis, defining the required situation, defining the current situation, gap analysis and business case development, implementing change.

Information systems and competitive position link between business and information system strategy, information technology (IT) and competition, Internet as a strategic business tool, applications portfolio, data management, IT and Business Process Engineering, IT investment decisions.

Information systems and the organisation impact of information technology on work practices, using IT to manage individuals’ information requirements, impact of IT on employee/employer relations.

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