FIT5094 Lecture Notes - Lecture 12: Data Warehouse, Transaction Processing, Decision Theory

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Overview of all weeks.
1. Overview: Using IT to Support Managers
2. Managerial Information Behaviours
3. DM Overview & Normative Decision Theory
4. Behavioural Decision Theory 1(refer earlier notes)
5. Behavioural Decision Theory 2(refer earlier notes)
6. DSS Development Methods(refer earlier notes)
7. Simulation Modelling
9. Personal DSS
10.Data Warehousing & Business Intelligence
11.Decision Support Strategy & Governance
12.BI Industry
Using IT to support Managers.
Managers will always find decision support.
Supporting managers is fundamentally different to supporting
operational business processes.
Evolutionary development is essential for PDSS and BI
DW is optional but good if you are stable and can afford it.
Must understand managers and decision making to be successful
A great area to work in
Managerial Information Behaviours:
Information management (IM) concerns a cycle of organizational activity: the acquisition
of information from one or more sources, the custodianship and the distribution of that
information to those who need it, and its ultimate disposition through archiving or deletion.
This cycle of organisational involvement with information involves a variety of stakeholders,
including those who are responsible for assuring the quality, accessibility and utility of
acquired information; those who are responsible for its safe storage and disposal; and those
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Document Summary

Supporting managers is fundamentally different to supporting operational business processes. Evolutionary development is essential for pdss and bi. Dw is optional but good if you are stable and can afford it. Must understand managers and decision making to be successful. Information management (im) concerns a cycle of organizational activity: the acquisition of information from one or more sources, the custodianship and the distribution of that information to those who need it, and its ultimate disposition through archiving or deletion. This cycle of organisational involvement with information involves a variety of stakeholders, including those who are responsible for assuring the quality, accessibility and utility of acquired information; those who are responsible for its safe storage and disposal; and those. Stakeholders might have rights to originate, change, distribute or delete information according to organisational information management policies. These generic concepts allow the information to be presented to the audience or the correct group of people.

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