GMS 200 Lecture Notes - Lecture 2: Business Intelligence, United Nations Global Compact, Bounded Rationality

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Deborah De Lange

Document Summary

Three must have competencies: technology competency - ability to understand new technology and use them. Information competency - ability to locate, gather, organize and display information: analytical competency - ability to analyze and evaluate information to make decisions and solve problems. Your competencies: computer competency use of computers to their best advantage. Information competency - ability to locate, gather, organize and display information. Important to all aspects of the management process (polc) Information technology helps us acquire, store, process, analyze, and transmit information. Bring financial transparency to all levels of an organization: business intelligence taps information systems to extract and report data in organized way that are helpful to decision makers. Use of executive dashboards visually display graphs and metrics helps managers focus on the important and specific problems and information. How information is changing technology: management information systems (mis) use of it to collect, organize and distribute data for the use of making decisions.