Reflection Paper - 1242 Words

REFLECTION PAPER It is extremely difficult to estimate the amount of knowledge in existence today. While knowledge is flowing in incredible pace, extraction and application of the relevant information from the bulk of knowledge is vital for many aspect of our lives. As an IMBA student in Florida International University, I have never thought that there was such a strict distinction between the information and the knowledge in today’s technology driven world. However, after taken this course, it is quite clear to me that gathering the beneficial information is not an easy task as it seems before. There are crucial elements to obtain valuable information for the businesses. Every business is unique so the strategies for them too. To†¦show more content†¦This metaphorical approach changed my perception of seeking out the hidden possibilities that would be beneficial for continual improvement. On the other hand, Information Systems has its own challenges when it comes to the application of the businesses. It is a complex task to find the proper answers of the questions such as ‘how the information systems can change my business through technology?’ it is clear that such systems offer many options to the businesses but the decision process for the right option can be problematic. Thus, the changes have to be chosen carefully to maximize the potential of the businesses. For instance, the beer game which I involved, as an IMBA student, represents a great example of the collecting and applying the relevant data that reveals the importance of the integration of our goals and our capabilities. It was probably the first time that the students as the future managers, CEO’s, CFO’s were able to experience such a realistic trial of business world with its constraints. The main goal of the game was minimizing the bulk effect which comes with the fluctuations of demand and the prices. it can be claimed that in theory, the bulk effect can be minimized with the opportunities of Information Technology. However, in practice, as in the beer game, it is unlikely to achieve the desired level of that type of minimization. Yet, it is still indisputable that information systems offerShow MoreRelatedReflection Paper1317 Words   |  6 Pagesused to struggle with forming my thoughts into writing, let alone a paper. I was never confident with what I wrote. My writing had no greater purpose other than the assignment. My writing process included: writing my paper, proofreading it, and turning it in. Once the paper left my hands, it also left my mind. Throughout this course we worked with others, visited the writing lab, wrote critiques, and we were able to revise our papers. 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