Upload
venkataramanan-thiru
View
220
Download
0
Embed Size (px)
Citation preview
7/30/2019 MIS under computer environment
1/18
MIS
Presenter Name
Presentation Date
7/30/2019 MIS under computer environment
2/18
Management Information System
Systematic Process of Providing relevant Information in right timein right format to right people .
Objectives of MIS
To provide the managers at all levels with timely and accurateinformation for control of business activities
To highlight the critical factors in the operation of the business forappropriate decision making
To develop a systematic and regular process of communicationwithin the organization on performance in different functional areas
To use the tools and techniques available under the system forprogrammed decision making
To provide best services to customers To gain competitive advantage
To provide information support for business planning for future
7/30/2019 MIS under computer environment
3/18
Features of MIS
Management Oriented
Timeliness
Integrated
Simplicity
Reliability
Consistency
Relevance
Flexibility
7/30/2019 MIS under computer environment
4/18
How to Implement a MIS System
Analytical Study of Information requirement
Determine the Source of Information
Establishment of right kind of Data processingEnvironment
Selection of Software
Database Design
Support from Top Management
Manpower
Integration of Information
Evaluation, Maintenance and Control
7/30/2019 MIS under computer environment
5/18
How to Implement a MIS System
Top Down Approach
Bottom Up Approach
Integrative Approach
7/30/2019 MIS under computer environment
6/18
Constraints in Operating MIS
Non-Availability of Experts
Technical Knowledge gap between Mangement andTechnical Expert
Non-Cooperation
High Turnover of MIS Expert
Short Coming in Design
Frequent Changes
Non-standard requirements
Difficulty in quantifying the benefits of MIS
Heavy investment
7/30/2019 MIS under computer environment
7/18
Limitations of MIS
Effectiveness of MIS depends on efficiency of the management in using it and it is not a
substitute of Management
MIS only provides information and non-programmed decision making is in the hand of
management
Frequent changes in the information need of management reduces efficiency of MIS
Success depends on quality of output and their effective use Effectiveness is greatly affected where culture of hoarding and not sharing information is
there
Problem of perception of utility
Lack of proper training and awareness of both operation staff and the users on the use of
MIS
With the change in technology and business environment, management need ofinformation changes thereby suggesting periodic review and continuous monitoring
Cost Benefit assessment depends on many subjective assessments
7/30/2019 MIS under computer environment
8/18
Information Requirements of
Management
Operational functions
Information requirement for Various department Varies
Type of Decision Making
Programmed Decisions
Non-Programmed decisions
Level of Management
Top Management
Mid Management
Operational Management
7/30/2019 MIS under computer environment
9/18
Information Requirements of
ManagementInformation Top Middle Operational
Focus of Planning &
Management
Strategic Planning Resource
Management
Day-to-day
Activities
Boundary Internal & External Internal Internal
Volume Summary withAnalysis
Report of Variances Reports of DetailedActivities
Integration among
functional Areas
Highly Integrated Moderately
Integrated
Restricted to
Functional Area
Comparison with
time frame
1-5 Years Previous Year or
month to month
Day to Day
Support to decision
Making
Relatively
Unstructured
Problems
Moderately
Structured
problems
Structured
problems
7/30/2019 MIS under computer environment
10/18
Information Requirements of
Management Effective Decision Making
Review the results of BPR
Competetive Intelligence through
Competitors performance
Capturing Market Information on products
Market Trend Analysis
Designing Products with the help of CADTools
7/30/2019 MIS under computer environment
11/18
MIS Reports
Personnel Management Top Level
Skill Information
Long term HR Requirement
Policies
Middle Level
Deployment Pattern in Different Departments
Personnel Deployment Policy
Performance Appraisal
Operational Level
Performance Leave/Absentism
Punctuality
7/30/2019 MIS under computer environment
12/18
MIS Reports
Production Management
Top-level (Strategic information) Policy on production priority of different products etc.
Yearly and monthly comparative results on production of different items
Information on new technology
Information on capacity utilization
Middle Level (tactical information) Actual performance with target
Variance and their causes
Breakdown and maintenance information
Operational Level (Operational information)
Performance details Preventive maintenance schedule
Machine performance etc.
7/30/2019 MIS under computer environment
13/18
MIS Reports
Sales Management
Top-level (Strategic information) Information on new product or new market
Information on market share
Analysis of competitors strategy
Sales growth or fall Middle Level (tactical information)
Actual sales product wise with targets
Sales Variance and their causes
Performance of different sales offices
Operational Level (operational information)
Sales details branch wise product wise Individuals sales personnel performance
Sales expenses details
7/30/2019 MIS under computer environment
14/18
Components of Business
Information System
Transaction Processing System
Management Information System
Expert System Decision Support System
Executive Information System
7/30/2019 MIS under computer environment
15/18
Transaction Processing System
Examples Payroll
Accounts Recievable/Payable
Bank Reconciliation
Purchase Order Processing
Sales Order Processing
Inventory Control
Job Costing etc.
On-line Transaction Processing (OLTP)
On-line Analytical Processing (OLAP)
7/30/2019 MIS under computer environment
16/18
Integration of Information
7/30/2019 MIS under computer environment
17/18
ModelsInformation
Iconic Scale Model
Three Dimensional View of the process
Analytical Model
Model for a Physical System but model differs from
the actual System
Mathematical Model
Represents the Data Set in Graph, Picture etc.
7/30/2019 MIS under computer environment
18/18
Executive Management System
Special Type MIS meant for top management
DSS for Executives