1. The Importance of MIS LEARNING OBJECTIVES Q1-1 Why is Introduction to MIS the most important class in the business school? Q1-2 How MIS will affect you? Q1-3 What is MIS? Q1-4 How can you use the five-component model? Q1-5 What is information? Q1-6 What are necessary data characteristics? Q1-7 2031? CHAPTER OUTLINE Q1-1 Why is Introduction to MIS the most important class in the business school? • The Digital Revolution • Evolving capabilities • Moore’s Law • Metcalfe’s Law • Other forces pushing digital change • This is the most important class in the school of business Q1-2 How will MIS affect you? • How can you attain job security? • How can Intro to MIS help you learn nonroutine skills? o Abstract Reasoning o Systems Thinking o Collaboration o Ability to Experiment o Jobs • What is the bottom line? Q1-3 What is MIS? • Components of an information system • Management and use of information systems • Achieving strategies Q1-4 How can you use the five-component model? • The most important component—You • All components must work • High-tech versus low-tech information systems • Understanding the scope of new information systems • Components ordered by difficulty and disruption Q1-5 What is information? • Definitions vary • Where is information? Q1-6 What are necessary data characteristics?