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Introduction: Information resources are central to any organization’s success. And these resources are growing at an astounding rate. Data stored in digital format are multiplying everywhere on a vast array of physical media, ranging from the organization’s own computers to hosts that might be located anywhere on the planet. People understand that some information is powerful and valuable, but far more is useless junk that should be tossed.  What strategy are there to manage information resources so that what is important is secure, organized, and easily accessible to managers, employees, customers, suppliers, and other stakeholders? The Nature of Information Resources:   Information resources can be described as Structured information: This is reasonably ordered; in that it can be broken down into component parts and organized into hierarchies. Unstructured Information: This information has no inherent structure or order, and the parts can’t be easily linked together, except...

Introduction: Companies compete for dollar, customers loyalty and attention, and start-ups face huge challenges as they try to develop a strategy that will lead to success.  Whether times are calm or stormy, the reasons companies choose one strategy over another—and how they use information systems to implement them—help explain why some companies succeed and others fail. What strategy, starting with the forces that shape industry competition and help to determine how profitable companies operating in the industry will be? Porter’s five competitive forces:   Based on Porter’s model, the reasons lie with five interrelated forces that influence industry competition.   1) Threat of new entrants : This is the rate and ease at which new start-ups enter into the industry. However, there are some ways used by incumbents to ward off newcomers which includes: Network effects , which refer to the increased value of a product or service that results simply because there are more peo...

Introduction: At the heart of every organization is its information system, Twitter, Microsoft, and Facebook are all popular companies on the cutting edge of technology, and their innovations and competitive battles make front page news.  But even organizations that don’t seem very high tech—from a family owned restaurant to a fitness gym—can hardly do without information systems, or without people who know how to build and manage them. Eric Schmidt, former CEO of Google, once remarked that he had no idea how many data centers Google actually managed. He might not have known, but his back office information systems certainly did. Information is an organization’s most important asset. Creating, capturing, organizing, storing, retrieving, analyzing, and acting on information are fundamental activities in every organization. Information system is basically how people, technology and processes interact together. Many refer to the field as management information systems (MIS) which de...

Greatest Balubites!!! Ever conscious Balubites!!!! You definitely need someone to count on like 1, 2, 3, because we all believe sey we no dey cut money from a tree. You definitely need someone who doesn't just know numbers but also knows management. My name is Nwankpa Emmanuel Obioma in the Faculty of Management Science, Department of Employment Relations and Human Resource Management, currently in my penultimate year, vying for the post of the financial Secretary in this great Hall. Of course, we all know that the lifeblood or success of any organisation is dependent on its limited resources and as rational beings, we always want to derive maximum utility at the lowest cost. Right? Yes!  Based on these fundamentals, I stand before this august gathering to solicit for your unreserved support to emerging as the financial Secretary of this great hall in return for value and adventurous returns within my reach and capability. As your incoming principal financial Secretary, I'm sa...