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?