Establishing Business Informational Model and Implementing Management Information System (Research Paper Sample)

Establishing Business Informational Model and Implementing Management Information System
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Institution
Establishing Business Informational Model and Implementing Management Information System
Introduction
The information system is an integral part of the business in the modern era of the 21st century, and therefore, managers cannot even think to establish an organization without appropriate level of technological integration CITATION Ham08 \l 1033 (Hamel, 2008). At the same time, human development and organizational growth take place hand in hand. The organizations are made out of human collaborative relations, and therefore, the management does not have to seek technology for its own sake, but the relevant growth has to remain meaningful in this regard. The companies have to fulfill specific strategic goals by implementing technical solutions in the modern organizational setup. The organizational destiny is majorly dependent on the strategic choices of the managers, and the managerial teams have to develop the technical outlook of the companies. The newest venture would have an advanced technological operating model, but the company will not require state of the art equipment, and therefore, the attached costs would be lower as well. The company will not have to use latest technology because the outdated model will serve the organizational objectives, and the company will operate as a social organization that will promote upcoming artists, and therefore, the company will have to have a dynamically developed website CITATION Dun93 \l 1033 (Dunphy & Stace, 1993). The lectures of motivational leaders will find place in uploads those the online source will feature in the near future. The business is based in small town of Australia, and has a very unique business model to operate.
The management information system of the company will focus on website, and the team will support the website around the clock, and the financial aid for the organization will come from United Nations, and other charitable organizations. The advertisements of the commercial nature would be given proper place on the site in order to open a fresh stream of revenue. The company will have to support struggling artists because there are always people present who require a bigger stage to perform, and the developing organization would provide the infamous creative people the opportunity of their lifetimes CITATION Gra10 \l 1033 (Grazian, 2010). Secondly, the leadership has a dual-sided objective because the humanistic means are going to serve commercial objectives to say the least. On the other hand, the company would have small underlying budget that the management will have to use sensibly, and the sense of economic rationality would prevail as a leading organizational philosophy.
The project management literature argues that the companies have to balance out three dimensions of the undertaking they intend to apply, and the managers have to take care of quality, budget and cost as well. The given circumstances of the organization do not give much strategic room to the management in financial terms because of overwhelming budgetary constraints CITATION Her93 \l 1033 (Herbig & Golden, 1993). The whole organizational setup would revolve around a website that will serve artistic and business values as well. The company has to inspire itself from the history of Facebook that started out as an informal project, but within no time, it spread in the entire world. The website "originalideas. com" will be the initial intellectual endowment of the company in the industry.
The Decisional Model of the Business
The proposed socioeconomic organization is a legitimate step towards sustaining the revival of the artist and art in general, but the company will never charge a penny from the creators against the provided services. The advantages of the developed technical plan would rather represent a simpler organizational structure because the company would never do and attempt anything fancy CITATION Kav06 \l 1033 (Kavanagh & Ashkanasy, 2006). The company would limit its operations so that it can develop enough liquidity needed for long term survival. The business model would awfully resemble that of the Facebook, and therefore, the new entrant would have to lay low not to attract attention from the market. The leading socialization websites will not allow new competition to emerge in the market because they are enjoying fair share of the customers, and they do not want any other organization to dig into the consumer base of the industry that is showing clear signs of saturation, and therefore, the industry would not be able to entertain the needs of the new partial occupant, but the company has a differentiated model of business that the competitors would not readily understand due to the reality of capitalistic mindset that does not believe in socialistic cause’s ability to coexist with the traditional mindset of the commercial world. The new company will exert itself in order to attain the impossible CITATION Lyn08 \l 1033 (Lynes & Andrachuk, 2008) and the creative people and social factions of the society will no doubt support ethical cause of the organization, and the companies sharing the concerned marketplace will not have to compete directly. The strategic plan of the business is receiving inspiration from the literature of social entrepreneurship that is based on the mixed philosophy of socialism and commercialism. The strategic managers oftentimes argue the abstractive nature of business that allows them to fulfill operational excellence by aiming to meet higher civic values, and the trail of rudimentary socialism in capitalistic terms was paved, and the theory of social legitimacy supports the model of socialistic organizations those operate in order to have less financial gains for the stakeholders, but the managers attempt to benefit the society more.
The Information System
The information system would base itself on the website’s general financial ability to generate returns CITATION Ham08 \l 1033 (Hamel, 2008). Affiliate marketing, advertisement, and Google adsense would provide a collective helpful hand in this regard. The founder of the organization is a big fan of artistic works, and he has hired a managerial team that is going to make the business sense of the concept, and we are utterly sure that the idea is going to work in the practical sense. The information system will use SAP FICO module in order to integrate accounting into the emergent mechanical system of data processing. The information system will always provide the management with cost and benefit analysis of the website’s operations, and the managers will have the idea about potential success of the project after pilot testing of the site, and the technical team is currently in talks with the officials of the featured technological service provider. The underlying operational assumption of the newly developed organization is to keep the factor of cost under controllable management power so that the stakeholders can earn healthy level of returns on their investments as well CITATION Mes05 \l 1033 (Mesmer-Magnus & Viswesvaran, 2005). The social organizations do not have to operate to create losses of periodical nature because the company has to benefit itself in order to serve the artistic community. However, the resource endowment of the organization has to remain tilted towards the society, and the artists would not have to experience empty-handedness to say the least. The competitive advantage of the company will stem from the organizational collective power to find and facilitate struggling artists who are looking for a massive breakthrough in their professional lives. The online earnings from Google adsense and other advertised products and services would pay a hefty fee in order to keep their names flashing on the leading website that we will definitively create in the near future.
Required Skills
The required skills those staff will need to operate and sustain the system would include web developmental abilities, and the managers have to develop elementary know how about online accounting system that will operate in the background of the website in order to bless the organization with important and valuable financial sense CITATION Por74 \l 1033 (Porter, Steers, Mowday, & Boulian, 1974). The company will create a win-win model for the artists and the stakeholders because the fame of creative people would go a long way in terms of giving goodwill to the organization that it will cash out to have increasing levels of inflowing advertisements. The business model will operate in order to monetize the idea of supporting creativity, but the commercial objectives will also be considered valuable regarding the need to sustain the future of the organization. The managers do not have to develop sophisticated technological skills, but they have to make business decisions, and that would present a significant challenge for them CITATION Ram08 \l 1033 (Ramasubbu, Mithas, & Krishnan, 2008). However, the technology is not going to do a manager’s job because the entrepreneurial spirit cannot reach its highpoint until the humans support the cause. The investors behind the scenes of the organization will always press to have more monetary returns, but the managers have to ensure that socialistic dimensions of the organization do not lag behind with the passage of time. The managers have to receive training in strategic management because they have to guide the company into the future, and they cannot meet the professional needs of the jobs until they have solid knowledgeable grounds in this regard. The technology will become irrelevant when the managerial mindset does not operate correctly, and the humanistic values would create major organizational highlight in the...