Shared Practice Discussion Essay
Equally important is the need for managers to watch the trends that are occurring in this area to evaluate how those trends might affect the business. Perhaps there is no area where change occurs more or faster. Often our business operations and processes can barely catch up before the next big technology is introduced. As a starting place, consider how the trends listed here may have already altered your personal or professional experience:
Digitization, access to data and information, and knowledge management
Decentralized vs. centralized computing
Data-driven decision making
Software as a Service (SaaS)
Open Source Software
Then think about how quickly these became part of our way of doing business and living our daily lives. Are there other trends and issues you are seeing? What are some of the implications of these advancements (for example, how do these affect business operations, competitiveness, privacy, security, and so on)?
In this Shared Practice, you will share your knowledge and findings related to business information systems trends with your colleagues. You will explore the similarities and differences in the use of and trends in information systems, as well as the impact of related trends in the various industries of which you and your colleagues are a part.
Prepare the following:
Provide a description of 2–3 of the most important things you learned from the course. What surprised you most about what you learned?
Identify and discuss two trends in business information systems that you think will have a big impact on your organization’s business model (or a business model for an organization with which you are familiar) in the next five years.
Explain how organizations can employ technology and business information systems to promote positive social change within the organization or for the greater good.