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1 MANAGEMENT INFORMATION SYSTEM

Our presentation on Management Information System

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Management Information System

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Page 1: Our presentation on Management Information System

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MANAGEMENT INFORMATION SYSTEM

Page 2: Our presentation on Management Information System

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MIS : A DEFINITIONA Management Information System provides

information that organizations require to manage themselves efficiently and effectively.

This term is commonly used to refer to the study of how individuals , groups , and organizations evaluate , design , implement , manage and utilize systems to generate information to improve efficiency.

A Management Information system gives the business managers the information that they need to make decisions.

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History Of MISBefore the concept of management information

systems was created , computer scientist was just programmer creating application for science and math calculation to computer usage evolved in field of business and data management ,software application were needed to process non scientific data.Five phases in development of computing techonology.

i. Mainframe and Minicomputers computingii. Personal Computers iii. Client Server networkiv. Enterprise Computingv. Cloud Computing

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MIS IN AN ORGANIZATION

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Importance of MIS Decision making (rational)– managerial

functionReliable, timely info – essentialMIS – a logical, well-structured method of

info collection, processing, and disseminating to decision-makers

Era of liberalization and globalizationEra of computers and ITMIS – nerve center

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ROLE OF MIS • System ensures that an appropriate data is

collected from the various sources, processed, and sent further to all the needy destination.

MIS helps in Strategic Planning, Management Control, Operational Control and Transaction Processing.

MIS plays the role of information generation, communication, problem identification and helps in the process of decision making

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ObjectivesList and describe the classic functions of

managers – planning, organizing, staffing, directing, and controlling

Describe the purpose and components of a management information system (MIS)

Explain how computer networking and related software have flattened the classic management pyramid

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ObjectivesDescribe how many companies use

employees in task-oriented teamsDescribe the purpose and function of

sophisticated software for top managersExplain the problems and solutions related to

managing personal computersExplain the concept of total cost of personal

computer ownership

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Advantages Of MISGlobalisation : It has not only brought the world

closer together ,but it has allowed the worlds economy to become a single interdependent sysem. This means that we can bring down barriers of linguistic and geographic boundaries.

Communication :With the help of this , communication has become cheaper , quicker and more efficient.

Cost effectiveness:It has helped to computerize business processes thus streamlining businesses to make them extremely cost effective money making machines.

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Disadvantages of MISLack of Job Security: Industry experts believe

that the internet has made job security a big issue as technology keeps on changing with each day.

Dominant Culture: While information techonology may have made the world a global village , it has also contributsed to one culture dominating another weaker one.

Privacy: Though IT may have made communication quicker, easier and more convenient , it has also brought along privacy issues.

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MIS As A CareerMIS professionals are leaders who

initiate ,design and apply technology to transform business functions and produce innovative products and services.

MIS professionals have following career options: Analyst Consultant Application Developer Data Analyst Project Leader

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Roles Of MIS ProfessionalsMIS as a SYSTEM ANALYST study business

problems and implement systems to solve them.MIS as a CONSULTANT analyze problems and

change business processes.MIS as a APPLICATION DEVELOPER develop

software to gather and store dataMIS as a DATA ANALYST extracts and analyzes

organizational data.MIS as a PROJECT LEADER organizes a team of

analysts ,programmers and others to create an innovative solution.

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PEOPLE PURSUING MIS DEGREESPeople pursuing MIS degrees must

possess following traits:Good problem solving skillsExcellent communication skillsAbility to effectively manage time and

resourcesAbility to think strategically about

techonolgy.

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New perspective of InformationMIS = MI + SMIS must provide MI to managers for

decision-making MI-quality infoTimelinessAccuracy CompletenessAdequacyMI-a subset of the entire available info

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MIS FUNCTIONSData capturingProcessing of dataStorageRetrievalDissemination of MI – finished product of

MIS

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COMPONENTS OF MISInput: Data to be arranged - Sales in units by each salesman for a

period. - Estimated sales in units of competitors. - Economic condition and trendsProcessor: Classify , Sort , Summarize ,

calculate - Conversion of input into outputs Output: Arranged Data - Sale by Product - Sales by Salesman

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Managerial Functions

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Managerial FunctionsPlanning

Devise short-range and long-range plans and set goals to help achieve the plans

OrganizingHow to use resources

StaffingDirecting

Guiding employees to perform their workControlling

Monitoring progress towards goals

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Management LevelsHigh level (strategic) -Long-range view -PlanningMiddle level (tactical) -Carry out the plan -Assemble the material 1.Hire the resources 2.Organize and staffLow level (operational) -Supervisor -Directing and controlling

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Pitfalls of MISOrganization does not have a reliable

management system .Organization has not defined its mission

clearly.Organization’s objectives have not been

specified.Management lacks interest in MIS

development process and relies solely on MIS development’s specification.

MIS development team is incompetent.

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BibliographyTextbook Source -M.AwadhInternet Sources -wikipedia -www.mu.ac.in/mis.pdf