Professional Documents
Culture Documents
MANAGEMENT INFORMATION
SYSTEMS
Learning Objectives
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3.
4.
5.
6.
Operational excellence
New products, services, and business models
Customer and supplier intimacy
Improved decision making
Competitive advantage
Survival
MIS: A Concept
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Management
MIS
What is Management?
Management
Planning
Setting
Staffing
Putting
Controlling
standards
Measuring
Evaluating
Reporting
Taking corrective action
Management Hierarchy
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Information
MIS
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What is Information?
Information is data that has been processed into a form
that is meaningful to the recipient (user) and is
presented in a form which assists decision makers
It may contain:
an
element of surprise
reduce uncertainty, or
provoke a manager to initiate an action
Information Outputs
Query Response
External
Data
Internal
Data
Capture
Decision Outcome
Manipulation
Storage
Expert-System Advice
Transaction Document
Provision of Access
at User Location
Report
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Organization
Environment
Information System
Information Sources
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External Information
Govt.
polices
Economic trends
Availability and cost of
various resources
Competitors activities
Customer feedback
Internal Information
Sales
forecast
Financial resources and
plans
Capacity utilization
pattern
Personnel utilization
pattern
Budget allocation and
utilization
Information Needs
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Information
Top
Management:
Unstructured
Non-programmed
Futuristic
Approximate
External
Operating
Management:
Structured
Programmed
Historical
Exact
Internal
Characteristics of Information
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Relevance
Timeliness
Accuracy
Completeness
Summarization
Reliability
Validity
Consistency
Age
Impartiality
Frequency
Cost-benefit Analysis
System
MIS
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Definition:
A system is a set of interrelated
components (subsystems or elementary
parts) that operate together to achieve a
common objective (or multiple objectives)
Systems Concepts
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Boundary
Example
The
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