Professional Documents
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MANAGEMENT
INFORMATION
SYSTEM
GROUP MEMBERS
Management Information System – Prof Shahid Khan 1
KASBIT
USE OF MIS IN INTERFLOW
ID: 761
SIGNATURE: _________________
ID: 703
SIGNATURE: ________________
ACKNOWLEDGEMENT
SUBJECT INDEX
Management Information System – Prof Shahid Khan 3
KASBIT
USE OF MIS IN INTERFLOW
1. INTRODUCTION 05
2.
CONCEPT OF MIS 07
5. COMPONENTS OF A MARKETING 12
INFORMATION SYSTEM
11. CONCLUSION 27
12. BIBLIOGRAPHY 28
INTRODUCTION
The old techniques like intuition, rule of thumb, personal whim and prestige,
etc. Are now considered useless in the process of decision taking. Modern
management is constantly on look out for such quantitative and such information,
which can help in analyzing the proposed alternative actions and choosing one as its
decision. Thus, modern management functions are information-oriented more
popularly known as “management by information”. And the system through which
information is communicated to the management is known as “management
information system (mis)”.
The Interflow Group is one of the pioneers in the field of marketing communication
services in Pakistan. Established 25 years ago, the Interflow Group stands today as the
driving force in the field of media, communication and advertising. With 14
companies and a workforce of over 1600 employees in 30 different offices across the
country, the Interflow Group brings solutions to all creative needs; from advertising to
media buying, from activation to event management, from out-of-home to specialized
marketing solutions, from television to radio and production facilities. Our people are
one of our strongest assets and we take pride in having a great team.
The Interflow Group has brought some of the world's best companies in the field of
marketing communication to Pakistan through strategic partnerships and joint
ventures that provide innovation, boldness and excellence for all stakeholders. We are
proud to be affiliated with and to serve many of the country's most prominent
corporate, institutional and government clients.
HISTORY
Just one idea can translate into a revolution, which in turn, has the power of changing
lives and altering the course of history.
On July 1st, 1983, one such idea by Mr. Taher A. Khan revolutionized advertising in
Pakistan forever, when it was rolled out in the form of an independent advertising
agency, Interflow Communications. Since its inception, Interflow Communications
has been one of the most innovative advertising agencies in the country, building and
re-building brands.
The Interflow Group evolved over the years with an array of communication services
on a 360° platform, which carried forward Mr. Taher A. Khan's (Founder and
Chairman), vision for expansion and constant innovation with more zeal. The group
expanded into 14 companies (wholly owned or joint ventures) in the diverse fields of
advertising, television, radio, media buying, activation, productions, out-of-home and
specialized solutions. The Interflow Group's associations and joint ventures are with
international media and communication giants including the WPP associated
companies; Ogilvy, Bates and Mindshare.
Having completed a quarter of a century in the business, the Interflow Group has
received its fair share of recognition over the years.
Pepsi Co Award (held in NYC with worldwide participation)
Best Graphics TVC - Kung-fu for Mountain Dew.
Conceptualized and produced by Interflow Communications, this was the first
Mountain Dew TVC produced outside North America, and is now being aired in
international markets.
Indian Abby Awards
Best TVC Award
All Pakistan Newspapers' Society (APNS) Awards
Business Performance Award.
Special Business Performance Award - Periodicals and Regional Publications
Client Performance Award
Public Service Campaigns' Award
Aurora Awards
Indian Abby Awards
3 Awards and 11 Nominations
Media Recognition
Number 1 on Pakistan Television Network (PTV)
Number 2 in Press
Number 2 on Radio
CONCEPT OF MIS
Management:
Information
“Information is data that has been processed into a form that is meaningful to the
recipient and is of real or perceived value in current or progressive decision”
– Davis and Olson
• The data information cycle can be expressed as –
Idea
Intelligence Data
Knowledge Information
“A system is group of elements that are integrated with the common purpose of
achieving an objective. An organization such as a firm or a functional area fits this
definition. The organization consists of resources and that resources work toward
achieving particular objectives that are specified by the owners or management”.
Input
Information Use
Output
This is the system used by the Interflow to process there activities in a proper manner.
This is considered as the closed loop system because it is connected to its
environment but this system is restricted also. It has the environmental effect but a
proper transformation process is given according to that process all the information is
taken and apply.
Not all the system has the same combination of elements, but a basic configuration is
illustrated in this diagram which transforms inputs into outputs.
Actually Interflow is an advertising agency so they all deal in information the most
thing which is important for them is marketing research because they need accurate
information about market.
The supervisory management deals with the operational plans, policies and
procedures for transforming or converting inputs to outputs. It is responsible for
“day-to-day” routine decisions and operations of the organization.
Information Systems are also helpful in identifying the most effective sales
strategy that can be used in any particular case based on specified criteria, such as the
market segment or the product category. Formulating successful sales strategies
involves defining product and service standards, understanding the intricacies of sales
life cycle, and interpreting sales results to determine sales strategies.
The marketing research process is only one of the sources of information for
the MIS. It is worth remembering that it is all the sources of information which
contribute to the MIS which help us understand our customer's needs and wants; that
information does not come just from our marketing research activities.
• Figure 3.1 provides reasons why we need to have an MIS to help us become
effective managers. However, designing and implementing an MIS so that it
performs the way it should is not always an easy task. After all, an MIS has to
meet the needs of its customers (users) and, to do that; those needs must first
be assessed.
To understand the proper role of information systems one must examine what
managers do and what information they need for decision making. We must also
understand how decisions are made and what kinds of decision problems can be
supported by formal information systems. One can then determine whether
information systems will be valuable tools and how they should be designed.
Figure 9.1 illustrates the major components of an MIS, the environmental factors
monitored by the system and the types of marketing decision which the MIS seeks to
underpin.
Internal reporting systems: All enterprises which have been in operation for
any period of time have a wealth of information. However, this information
often remains under-utilized because it is compartmentalized, either in the
form of an individual entrepreneur or in the functional departments of larger
businesses. That is, information is usually categorized according to its nature
so that there are, for example, financial, production, manpower, marketing,
stockholding and logistical data. Often the entrepreneurs, or various personnel
working in the functional departments holding these pieces of data, do not see
how it could help decision makers in other functional areas. Similarly,
decision makers can fail to appreciate how information from other functional
areas might help them and therefore do not request it.
1. Unfocused scanning: - The manager, by virtue of what he/she reads, hears and
watches expose him/herself to information that may prove useful. Whilst the
behavior is unfocused and the manager has no specific purpose in mind, it is
not unintentional.
2. Semi-focused scanning: - Again, the manager is not in search of particular
pieces of information that he/she is actively searching but does narrow the
range of media that is scanned. For instance, the manager may focus more on
economic and business publications, broadcasts etc. and pay less attention to
political, scientific or technological media.
3. Informal search: - This describes the situation where a fairly limited and
unstructured attempt is made to obtain information for a specific purpose. For
example, the marketing manager of a firm considering entering the business of
importing frozen fish from a neighbouring country may make informal
inquiries as to prices and demand levels of frozen and fresh fish. There would
be little structure to this search with the manager making inquiries with traders
he/she happens to encounter as well as with other ad hoc contacts in
ministries, international aid agencies, with trade associations,
importers/exporters etc.
4. Formal search: - This is a purposeful search after information in some
systematic way. The information will be required to address a specific issue.
Whilst this sort of activity may seem to share the characteristics of marketing
research it is carried out by the manager him/herself rather than a professional
researcher. Moreover, the scope of the search is likely to be narrow in scope
and far less intensive than marketing research
Problem Accounting
Information System
Information Management
Decisions Information System
Decision Support
Systems
Problem
The Virtual
Solution Office
Knowledge-based
Systems 1-12
Automated Office:
An automated office is a multifunction, integrated computer
based information system that allows many office activities to be performed in an
electronic mode which increases the productivity and authenticity of the report.
Expert Systems:
An expert system is software that attempts to reproduce the
performance of one or more human experts, most commonly in a specific problem
domain, and is a traditional application and/or subfield of artificial intelligence.
BENEFITS:
Managing customer information that can then be used for effective analysis to
predict buying trends.
Provides various methods that can be used for diverting traffic onto the
required websites.
Integrating graphs and multiple report building wizards for the creation of
effective reports based on any type of information.
Standards
Information
and
Decisions Information Data
Management Information
Processor
Data
Physical
Resources Physical
Resources
Input Transformation Output
Process Resources
Resources
The role of Information Systems in devising Marketing strategies has been increasing
over the years due to more technological changes in the environment.
Interflow use this general model to resolve there most of the organizational problems.
Organizations derive the following benefits from implementing the General System
Model in marketing:
Resources that is usually required for all business. The main resources that are
necessary for the business is the service and operators that can handle the troubles
come across. The stability of service is very important to keep the business alive.
• Personnel
Personnel are the representatives and the one who works for the organization that
boasts the business with their technical knowledge. Personnel could also be the
delivery agent or the intermediary who is supplying the product. This is the high
involvement product and it only for the professionals not for all.
• Material
The Material used in this business is both tangible and intangible. The product is a
media time, and other related items. We can see, it works in a digital world. Hours are
like a sand watch, as we use them they decrease. We cannot decrease the wastage of
time. The basic purpose of this product is to promote the brand, product or any
political party or person across national or international boundaries.
• Machines
The machines that are working behind are the mainframe computers and the overall
control of data transmitting. Expensive equipments are used to make the
advertisements in which expensive cameras and many costly types of equipment are
evolved. Users just. He doesn’t have to get in with the working done in backhand.
• Money:
Money or the capital is one the main resource for any business and for Interflow
business money requires in buying Mainframe computers hiring of technical staff who
could work 24hours a day. So for that they require high wages and facilities.
• Information:
Information and data are the main resources for any business activity; Interflow
business requires a very deep and technical knowledge about the market. Information
includes the latest updates going on in the market.
1. SALES CALL REPORT – This report contains data about the potential
customer. It also contains details about the types of items customer is
interested in.
Date: __/__/__
To,
__________
__________
__________
Dear Sir,
We are pleased to submit our quotation as under:
You are required to deliver the items mentioned below within 30 days of
the purchase order date, at the address mentioned above.
The payment for above consignment will be made within 30 days of the receipt
of goods. Liability for lost or damaged goods lies with the supplier only.
Payment will be made only for goods passing the quality test.
4. INVOICE – It is a note asking for payments for goods and services that have
been supplied. The invoice accompanies the delivery of ordered goods.
Dear Mr.______,
The payment for the goods supplied is to be made within 30 days of the invoice
date.
5. SALES REPORT (product wise) – A sales report suggests the total product
wise sales. From this report one can draw conclusions about the product
preferences of customers in different months of the year.
6. MONTHLY SALES REPORT (Sales person wise) – Sales persons are given
individual sales targets. This report shows the cumulative sales made by each
salesperson for a month.
CONCLUSION
The primary objective of developing and establishing an MIS report to selected major
irrigation schemes that was to provide a comprehensive system facilitating planning,
design, construction, monitoring, operation and maintenance of the schemes.
The growth of size of business requires the delegation of authority to various levels of
management. Therefore, there arises need of control, co-ordination and
communication. Without any conflict the managers, working at different levels in the
organization, carry out the function of planning, controlling and decision making
effectively. To run the organization we have to apply the concepts of MIS to control
all the resources affectively and efficiently in order to increase the productivity and
profit.
The old techniques like intuition, rule of thumb, personal whim and prestige, etc. Are
now considered useless in the process of decision taking. Modern management is
constantly on look out for such quantitative and such information, which can help in
analyzing the proposed alternative actions and choosing one as its decision. Thus,
modern management functions are information-oriented more popularly known as
“management by information”. And the system through which information is
communicated to the management is known as “Management Information System
(MIS)”.
So this is the era of Information Technology you are unable to run your organization
without MIS. This is become the necessity for the organization. Due to MIS a lot of
improvement is done in not only media businesses but in all category of businesses.
BIBLIOGRAPHY
2. http:/www.wheatongroupllc.com/library/06_01_92.asp
3. http://www.accessmylibrary.com
4. http://www.cmcltd.com/case_studies/index.htm
5. http://www.google.com
6. http://www.interflow.com.pk
7. hhttp://www.interflow-group.com