These comments were prepared from the perspective of a greybeard consultant, and long-term and active member of the Australian Computer Society, whose company is an active member of the Australian Information Industries Association. But I can't avoid the bias of also being a sometime information systems academic. The reason is that it is committed to information technology above all else.
Information systems is the study of information production, flows and use within organisations.
Recognise diversity of need, and structure your courses to service those needs. Ensure that IS students can avoid being vanilla-flavoured, and can establish a personal profile, by providing them with access to many extensions and specialisations, some professionally oriented and offered within the IS department, but many offered in conjunction with other departments, throughout the host institution. Training Employers expect universities to deliver students education, not training. Both the ACS and AIIA clearly state this. Universities need to identify and work to their own areas of comparative advantage.