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Title: business systems or information technology
Description: Impact of information technology on decision making
Description: Impact of information technology on decision making
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The Impact of IT on Management
Decision Making
Business Systems
Contributions of IT
Reduction in information uncertainty
Improvement of the quality of
information
Internet
Improvement in decision making
• Precision
• Speed
Affects of IT on Management
Decision Making
Productivity measures
Profitability
Stock market share price
Role of Managers 1/4
Classical model (Henri Fayol - 1920s)
Planning
Organizing
Formal
Coordinating
Managerial
Functions
Deciding
Controlling
Role of Managers 2/4
Behavioural models
1
...
Fragmented activities
well
organized
frivolous
3
...
Oral form of communication
5
Title: business systems or information technology
Description: Impact of information technology on decision making
Description: Impact of information technology on decision making