MANAGEMENT INFORMATION SYSTEM,WHICH INCLUDES HRIS [human resource information]helps the organization in a number of ways.

-as a resource for corporate strategic planning-provides information on economic trends for the corp. plan-provides information on industry trends for the corp. plan-provides base information for the corp. plan-provides base information for the corp. objectives-provides base information for the corp. strategy-provides the information for the corp. budgeting.-provides base information for the marketing plan-provides base information for the sales plan-provides base information for the distribution plan-provides base information for the supply chain plan-provides base information for the promotion plan-provides the information for monitoring plans-provides the information for monitoring projects.-provides the information for senior management strategicdecision making-provides the information for middle management operation decision making-provides the information for first line management supervisorydecision making

THE INFORMATION ALSO PROVIDES A MEDIUM FOR Efficient internal and external communication Faster decision-making through elimination of communication lags Better implementation, monitoring and control Increased efficiency in management, administration, planning and co-ordination of various support systems Improved management information system usage. Cost and time savings in accessing information Cheaper communication and document circulation (reduction in paper, postage and fax costs) Reduced human resource needs (at messenger, clerical and typist ] Exposure to management best practices from other parts of the organization

It will also have the following impact on the organization Access to external databases, on-line journals and publications Increased efficiency and effectiveness of collaborative research and publications Decreased time needed for information searches Better quality of research through access to a wider database of current research and publications Long-term national impact as future managers of the organization

The management information system also provides the benefits such as

Rapid access to accurate management information for decision making Rapid production of management reports Easier records management Ease of information sharing Presentation of records in uniform format Increased staff satisfaction and confidence in systems Rapid processing of results. Minimizing errors Easy access by managers for information for monitoring and correction purposes Continual use of quality information would increase operational efficiency and may lead to reduced manpower

BENEFITS from information system would include:

Rapid access to correct and current financial information for management and planning Increased transparency in the organization transactions Reduction of opportunities for misinformation Reduced space needed for records storage. A more user-friendly and less congested operating system Decrease in time needed for information searches Better circulation of management information system Reduced borrowing and space demand as users rely on remote access More efficient utilization of available space and reduced demand for costly expansion Reduced loss of information Easier access to online information International access to the information Better record keeping and more efficient library management Enhancement of information programs and research More efficient and effective instruction through interactive learning using online resources More efficient conduct of research using methods compatible with the current Approaches in other parts of the world Overcoming equipment limitations by using simulation tools Enhancement of staff -centred instruction==============================================

OVERALL BENEFITS The enhanced management information, potentially leading to better, faster decisions

The productivity improvements resulting from the reduced amount of resources necessary to perform management functions dependent on financial data Improved level of service to suppliers/customers, resulting from more timely or better performance of service Other benefits, such as improved job satisfaction. and adaptability of the system in response to future technological changes, or to changes in organization such as divestiture.

ROLE OF MANAGEMENT INFORMATION SYSTEM

The role of the MIS in an organization can be compared to the role of heart in the body. The information is the blood and MIS is the heart. In the body the heart plays the role of supplying pure blood to all the elements of the body including the brain. The heart work faster and supplies more blood when needed. It regulates and controls the incoming impure blood, processed it and sends it to the destination in the quantity needed. It fulfills the needs of blood supply to human body in normal course and also in crisis.The MIS plays exactly the same role in the organization. The system ensures that an appropriate data is collected from the various sources, processed and send further to all the needy destinations. The system is expected to fulfill the information needs of an individual, a group of individuals, the management functionaries: the managers and top management.Here are some of the important roles of the MIS:

The MIS satisfies the diverse needs through variety of systems such as query system, analysis system, modeling system and decision support system. The MIS helps in strategic planning, management control, operational control and transaction processing. The MIS helps in the clerical personal in the transaction processing and answers the queries on the data pertaining to the transaction, the status of a particular record and reference on a variety of documents. The MIS helps the junior management personnel by providing the operational data for planning, scheduling and control , and helps them further in decision-making at the operation level to correct an out of control situation. The MIS helps the middle management in short term planning, target setting and controlling the business functions. It is supported by the use of the management tools of planning and control. The MIS helps the top level management in goal setting, strategic planning and evolving the business plans and their implementation. The MIS plays the role of information generation, communication, problem identification and helps in the process of decision-making. The MIS, therefore, plays a vital role in the management, administration and operation of an organization.