Team Knowledge Management, Problem Solving

Abstract

Contribution of technology has made the job faster and easier. Information and risk management, along with other safety measures are necessary to be taken to run a successful business. Information System performs such important technology activities; therefore every large and small organization at one point needs a well-structured IS according to the requirement of the functions for daily operations, such as, for the purpose of transaction in order to keep the track or increase in productivity, advance quality, cut cost and enhance competitive advantage (Fok et al, 2000; Mathieson and Wharton, 1993). Enterprise Resource Planning, Decision Support system, Transaction process system, Quality performance management system, Management Information System and Supply Chain Management System are some of the examples of most common Information system projects. Alter S, (2008) defines Information System as the group of components that interact to produce information, (five components: hardware, software, data, procedure and people). The large amount of data demands a proper work system that not only manages but which also distributes the needed information at certain level in an organization. Information system is an organized system that performs the functions of collection, organization, storage and communication of information. The combination of software, hardware, data, people and procedure produces quality information