Management Information System Ss

8/2/2019 Management Information System Ss

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MANAGEMENT INFORMATION SYSTEM

Definition:

Management Information Systems (MIS) is the term given to thedisciplinefocused on the integration of computer systems with theaims and objectives on anorganization.The development and management of information technology toolsassists executivesand the general workforce in performing any tasksrelated to the processing of information. MIS and business systems areespecially useful in the collation of businessdata and the production ofreports to be used as tools for decision making.

Applications of MISWith computers being as ubiquitous as they are today, there's hardly anylarge businessthat does not rely extensively on their IT systems.However,there are several specific fields in which MIS has become invaluable.

Strategy SupportWhile computers cannot create business strategies by themselves they

can assistmanagement in understanding the effects of their strategies,

and help enable effectivedecision-making.MIS systems can be used to

transform data into information useful for decision making.Computers can

provide financial statements and performance reports to assist in

theplanning, monitoring and implementation of strategy.MIS systems

provide a valuable function in that they can collate into coherent

reportsunmanageable volumes of data that would otherwise be broadly

useless to decisionmakers. By studying these reports decision-makers

can identify patterns and trends that would have remained unseen if theraw data were consulted manually.MIS systems can also use these raw

data to run simulations hypothetical scenariosthat answer a range of

what if questions regarding alterations in strategy. For instance,MIS

systems can provide predictions about the effect on sales that an


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alteration in pricewould have on a product. These Decision Support

Systems (DSS) enable moreinformed decision making within an

enterprise than would be possible without MISsystems.

Data Processing

Not only do MIS systems allow for the collation of vast amounts ofbusiness data, butthey also provide a valuable time saving benefit to theworkforce. Where in the pastbusiness information had to be manuallyprocessed for filing and analysis it can now beentered quickly and easilyonto a computer by a data processor, allowing for faster decision makingand quicker reflexes for the enterprise as a whole.

Management by Objectives

While MIS systems are extremely useful in generating statistical reportsand dataanalysis they can also be of use as a Management byObjectives (MBO) tool.MBO is a management process by whichmanagers and subordinates agree upon aseries of objectives for thesubordinate to attempt to achieve within a set time frame.Objectives areset using the SMART ratio: that is, objectives should beSpecific,Measurable, Agreed, Realistic and Time-Specific.The aim ofthese objectives is to provide a set of key performance indicators bywhichan enterprise can judge the performance of an employee or project.The success of anyMBO objective depends upon the continuous trackingof progress.In tracking this performance it can be extremely useful to make use of anMIS system.Since all SMART objectives are by definition measurablethey can be tracked throughthe generation of management reports to be

analysed by decision-makers.Benefits of MISThe field of MIS can deliver a great many benefits to enterprises in everyindustry.Expert organizations such as the Institute of MIS along with peerreviewed journals suchas MIS Quarterly continue to find and report newways to use MIS to achieve businessobjectives.


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Core CompetenciesEvery market leading enterprise will have at least one core competency that is, afunction they perform better than their competition. By building anexceptionalmanagement information system into the enterprise it is

possible to push out ahead of the competition. MIS systems provide thetools necessary to gain a better understanding of the market as well as abetter understanding of the enterprise itself.Enhance Supply Chain ManagementImproved reporting of business processes leads inevitably to a morestreamlinedproduction process. With better information on the productionprocess comes the abilityto improve the management of the supply chain,including everything from the sourcingof materials to the manufacturing

and distribution of the finished product


Definition:Management Information Systems (MIS) is the term given to thedisciplinefocused on the integration of computer systems with the

aims and objectives on anorganization.The development and management of information technology toolsassists executivesand the general workforce in performing any tasksrelated to the processing of information. MIS and business systems areespecially useful in the collation of businessdata and the production ofreports to be used as tools for decision making.

Applications of MIS

With computers being as ubiquitous as they are today, there's hardly anylarge businessthat does not rely extensively on their IT systems.However,there are several specific fields in which MIS has become invaluable.

Strategy Support


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While computers cannot create business strategies by themselves they



transform data into information useful for decision making.Computers canprovide financial statements and performance reports to assist in





can identify patterns and trends that would have remained unseen if the

raw data were consulted manually.MIS systems can also use these raw







Data Processing



While MIS systems are extremely useful in generating statistical reportsand dataanalysis they can also be of use as a Management byObjectives (MBO) tool.MBO is a management process by whichmanagers and subordinates agree upon aseries of objectives for the


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subordinate to attempt to achieve within a set time frame.Objectives areset using the SMART ratio: that is, objectives should beSpecific,Measurable, Agreed, Realistic and Time-Specific.The aim ofthese objectives is to provide a set of key performance indicators by

whichan enterprise can judge the performance of an employee or project.The success of anyMBO objective depends upon the continuous trackingof progress.In tracking this performance it can be extremely useful to make use of anMIS system.Since all SMART objectives are by definition measurablethey can be tracked throughthe generation of management reports to beanalysed by decision-makers.

Benefits of MIS

The field of MIS can deliver a great many benefits to enterprises in everyindustry.Expert organizations such as the Institute of MIS along with peerreviewed journals suchas MIS Quarterly continue to find and report newways to use MIS to achieve businessobjectives.Core CompetenciesEvery market leading enterprise will have at least one core competency that is, afunction they perform better than their competition. By building anexceptionalmanagement information system into the enterprise it is

possible to push out ahead of the competition. MIS systems provide thetools necessary to gain a better understanding of the market as well as abetter understanding of the enterprise itself.Enhance Supply Chain ManagementImproved reporting of business processes leads inevitably to a morestreamlinedproduction process. With better information on the productionprocess comes the abilityto improve the management of the supply chain,including everything from the sourcingof materials to the manufacturingand distribution of the finished product


Definition:


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Management Information Systems (MIS) is the term given to thedisciplinefocused on the integration of computer systems with theaims and objectives on anorganization.The development and management of information technology tools

assists executivesand the general workforce in performing any tasksrelated to the processing of information. MIS and business systems areespecially useful in the collation of businessdata and the production ofreports to be used as tools for decision making.

Applications of MISWith computers being as ubiquitous as they are today, there's hardly anylarge businessthat does not rely extensively on their IT systems.However,

there are several specific fields in which MIS has become invaluable.






theplanning, monitoring and implementation of strategy.MIS systemsprovide a valuable function in that they can collate into coherent






what if questions regarding alterations in strategy. For instance,MISsystems can provide predictions about the effect on sales that an





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Data Processing

Not only do MIS systems allow for the collation of vast amounts ofbusiness data, butthey also provide a valuable time saving benefit to the

workforce. Where in the pastbusiness information had to be manuallyprocessed for filing and analysis it can now beentered quickly and easilyonto a computer by a data processor, allowing for faster decision makingand quicker reflexes for the enterprise as a whole.


While MIS systems are extremely useful in generating statistical reports

and dataanalysis they can also be of use as a Management byObjectives (MBO) tool.MBO is a management process by whichmanagers and subordinates agree upon aseries of objectives for thesubordinate to attempt to achieve within a set time frame.Objectives areset using the SMART ratio: that is, objectives should beSpecific,Measurable, Agreed, Realistic and Time-Specific.The aim ofthese objectives is to provide a set of key performance indicators bywhichan enterprise can judge the performance of an employee or project.The success of anyMBO objective depends upon the continuous trackingof progress.In tracking this performance it can be extremely useful to make use of anMIS system.Since all SMART objectives are by definition measurablethey can be tracked throughthe generation of management reports to beanalysed by decision-makers.

Benefits of MISThe field of MIS can deliver a great many benefits to enterprises in everyindustry.Expert organizations such as the Institute of MIS along with peer

reviewed journals suchas MIS Quarterly continue to find and report newways to use MIS to achieve businessobjectives.Core CompetenciesEvery market leading enterprise will have at least one core competency that is, afunction they perform better than their competition. By building anexceptionalmanagement information system into the enterprise it is


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possible to push out ahead of the competition. MIS systems provide thetools necessary to gain a better understanding of the market as well as abetter understanding of the enterprise itself.Enhance Supply Chain Management

Improved reporting of business processes leads inevitably to a morestreamlinedproduction process. With better information on the productionprocess comes the abilityto improve the management of the supply chain,including everything from the sourcingof materials to the manufacturingand distribution of the finished product


Definition:Management Information Systems (MIS) is the term given to thedisciplinefocused on the integration of computer systems with theaims and objectives on anorganization.The development and management of information technology toolsassists executivesand the general workforce in performing any tasksrelated to the processing of information. MIS and business systems are

especially useful in the collation of businessdata and the production ofreports to be used as tools for decision making.








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useless to decisionmakers. By studying these reports decision-makerscan identify patterns and trends that would have remained unseen if the








Data Processing

Not only do MIS systems allow for the collation of vast amounts ofbusiness data, butthey also provide a valuable time saving benefit to theworkforce. Where in the pastbusiness information had to be manuallyprocessed for filing and analysis it can now beentered quickly and easily

onto a computer by a data processor, allowing for faster decision makingand quicker reflexes for the enterprise as a whole.


While MIS systems are extremely useful in generating statistical reportsand dataanalysis they can also be of use as a Management byObjectives (MBO) tool.MBO is a management process by which

managers and subordinates agree upon aseries of objectives for thesubordinate to attempt to achieve within a set time frame.Objectives areset using the SMART ratio: that is, objectives should beSpecific,Measurable, Agreed, Realistic and Time-Specific.The aim ofthese objectives is to provide a set of key performance indicators bywhichan enterprise can judge the performance of an employee or project.


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The success of anyMBO objective depends upon the continuous trackingof progress.In tracking this performance it can be extremely useful to make use of anMIS system.Since all SMART objectives are by definition measurable

they can be tracked throughthe generation of management reports to beanalysed by decision-makers.

Benefits of MISThe field of MIS can deliver a great many benefits to enterprises in everyindustry.Expert organizations such as the Institute of MIS along with peerreviewed journals suchas MIS Quarterly continue to find and report newways to use MIS to achieve businessobjectives.Core Competencies

Every market leading enterprise will have at least one core competency that is, afunction they perform better than their competition. By building anexceptionalmanagement information system into the enterprise it ispossible to push out ahead of the competition. MIS systems provide thetools necessary to gain a better understanding of the market as well as abetter understanding of the enterprise itself.Enhance Supply Chain ManagementImproved reporting of business processes leads inevitably to a more

streamlinedproduction process. With better information on the productionprocess comes the abilityto improve the management of the supply chain,including everything from the sourcingof materials to the manufacturingand distribution of the finished product


Definition:Management Information Systems (MIS) is the term given to thedisciplinefocused on the integration of computer systems with theaims and objectives on anorganization.The development and management of information technology toolsassists executivesand the general workforce in performing any tasks


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related to the processing of information. MIS and business systems areespecially useful in the collation of businessdata and the production ofreports to be used as tools for decision making.




and help enable effectivedecision-making.MIS systems can be used totransform data into information useful for decision making.Computers can






can identify patterns and trends that would have remained unseen if theraw data were consulted manually.MIS systems can also use these raw






enterprise than would be possible without MISsystems.Data Processing

Not only do MIS systems allow for the collation of vast amounts ofbusiness data, butthey also provide a valuable time saving benefit to theworkforce. Where in the pastbusiness information had to be manually


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processed for filing and analysis it can now beentered quickly and easilyonto a computer by a data processor, allowing for faster decision makingand quicker reflexes for the enterprise as a whole.


While MIS systems are extremely useful in generating statistical reportsand dataanalysis they can also be of use as a Management byObjectives (MBO) tool.MBO is a management process by whichmanagers and subordinates agree upon aseries of objectives for thesubordinate to attempt to achieve within a set time frame.Objectives areset using the SMART ratio: that is, objectives should be

Specific,Measurable, Agreed, Realistic and Time-Specific.The aim ofthese objectives is to provide a set of key performance indicators bywhichan enterprise can judge the performance of an employee or project.The success of anyMBO objective depends upon the continuous trackingof progress.In tracking this performance it can be extremely useful to make use of anMIS system.Since all SMART objectives are by definition measurablethey can be tracked throughthe generation of management reports to beanalysed by decision-makers.

Benefits of MISThe field of MIS can deliver a great many benefits to enterprises in everyindustry.Expert organizations such as the Institute of MIS along with peerreviewed journals suchas MIS Quarterly continue to find and report newways to use MIS to achieve businessobjectives.Core CompetenciesEvery market leading enterprise will have at least one core competency that is, afunction they perform better than their competition. By building an

exceptionalmanagement information system into the enterprise it ispossible to push out ahead of the competition. MIS systems provide thetools necessary to gain a better understanding of the market as well as abetter understanding of the enterprise itself.Enhance Supply Chain Management


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Improved reporting of business processes leads inevitably to a morestreamlinedproduction process. With better information on the productionprocess comes the abilityto improve the management of the supply chain,including everything from the sourcingof materials to the manufacturing



Definition:Management Information Systems (MIS) is the term given to thedisciplinefocused on the integration of computer systems with the

aims and objectives on anorganization.The development and management of information technology toolsassists executivesand the general workforce in performing any tasksrelated to the processing of information. MIS and business systems areespecially useful in the collation of businessdata and the production ofreports to be used as tools for decision making.

Applications of MIS





transform data into information useful for decision making.Computers canprovide financial statements and performance reports to assist in





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data to run simulations hypothetical scenariosthat answer a range ofwhat if questions regarding alterations in strategy. For instance,MIS





Data Processing



While MIS systems are extremely useful in generating statistical reportsand dataanalysis they can also be of use as a Management byObjectives (MBO) tool.MBO is a management process by whichmanagers and subordinates agree upon aseries of objectives for thesubordinate to attempt to achieve within a set time frame.Objectives areset using the SMART ratio: that is, objectives should beSpecific,Measurable, Agreed, Realistic and Time-Specific.The aim of

these objectives is to provide a set of key performance indicators bywhichan enterprise can judge the performance of an employee or project.The success of anyMBO objective depends upon the continuous trackingof progress.In tracking this performance it can be extremely useful to make use of anMIS system.Since all SMART objectives are by definition measurable


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they can be tracked throughthe generation of management reports to beanalysed by decision-makers.

Benefits of MISThe field of MIS can deliver a great many benefits to enterprises in every

industry.Expert organizations such as the Institute of MIS along with peerreviewed journals suchas MIS Quarterly continue to find and report newways to use MIS to achieve businessobjectives.Core CompetenciesEvery market leading enterprise will have at least one core competency that is, afunction they perform better than their competition. By building anexceptionalmanagement information system into the enterprise it ispossible to push out ahead of the competition. MIS systems provide the

tools necessary to gain a better understanding of the market as well as abetter understanding of the enterprise itself.Enhance Supply Chain ManagementImproved reporting of business processes leads inevitably to a morestreamlinedproduction process. With better information on the productionprocess comes the abilityto improve the management of the supply chain,including everything from the sourcingof materials to the manufacturingand distribution of the finished product


Definition:Management Information Systems (MIS) is the term given to thedisciplinefocused on the integration of computer systems with theaims and objectives on anorganization.

The development and management of information technology toolsassists executivesand the general workforce in performing any tasksrelated to the processing of information. MIS and business systems areespecially useful in the collation of businessdata and the production ofreports to be used as tools for decision making.


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theplanning, monitoring and implementation of strategy.MIS systemsprovide a valuable function in that they can collate into coherent











Data Processing

Not only do MIS systems allow for the collation of vast amounts of

business data, butthey also provide a valuable time saving benefit to theworkforce. Where in the pastbusiness information had to be manuallyprocessed for filing and analysis it can now beentered quickly and easilyonto a computer by a data processor, allowing for faster decision makingand quicker reflexes for the enterprise as a whole.


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While MIS systems are extremely useful in generating statistical reportsand dataanalysis they can also be of use as a Management by

Objectives (MBO) tool.MBO is a management process by whichmanagers and subordinates agree upon aseries of objectives for thesubordinate to attempt to achieve within a set time frame.Objectives areset using the SMART ratio: that is, objectives should beSpecific,Measurable, Agreed, Realistic and Time-Specific.The aim ofthese objectives is to provide a set of key performance indicators bywhichan enterprise can judge the performance of an employee or project.The success of anyMBO objective depends upon the continuous tracking

of progress.In tracking this performance it can be extremely useful to make use of anMIS system.Since all SMART objectives are by definition measurablethey can be tracked throughthe generation of management reports to beanalysed by decision-makers.


reviewed journals suchas MIS Quarterly continue to find and report newways to use MIS to achieve businessobjectives.Core CompetenciesEvery market leading enterprise will have at least one core competency that is, afunction they perform better than their competition. By building anexceptionalmanagement information system into the enterprise it ispossible to push out ahead of the competition. MIS systems provide thetools necessary to gain a better understanding of the market as well as abetter understanding of the enterprise itself.

Enhance Supply Chain ManagementImproved reporting of business processes leads inevitably to a morestreamlinedproduction process. With better information on the productionprocess comes the abilityto improve the management of the supply chain,including everything from the sourcingof materials to the manufacturingand distribution of the finished product


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Definition:Management Information Systems (MIS) is the term given to thedisciplinefocused on the integration of computer systems with theaims and objectives on anorganization.The development and management of information technology toolsassists executivesand the general workforce in performing any tasksrelated to the processing of information. MIS and business systems areespecially useful in the collation of businessdata and the production of

reports to be used as tools for decision making.


Strategy Support

While computers cannot create business strategies by themselves theycan assistmanagement in understanding the effects of their strategies,






reportsunmanageable volumes of data that would otherwise be broadlyuseless to decisionmakers. By studying these reports decision-makers





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Systems (DSS) enable moreinformed decision making within anenterprise than would be possible without MISsystems.

Data Processing

Not only do MIS systems allow for the collation of vast amounts ofbusiness data, butthey also provide a valuable time saving benefit to theworkforce. Where in the pastbusiness information had to be manuallyprocessed for filing and analysis it can now beentered quickly and easily

onto a computer by a data processor, allowing for faster decision makingand quicker reflexes for the enterprise as a whole.



managers and subordinates agree upon aseries of objectives for thesubordinate to attempt to achieve within a set time frame.Objectives areset using the SMART ratio: that is, objectives should beSpecific,Measurable, Agreed, Realistic and Time-Specific.The aim ofthese objectives is to provide a set of key performance indicators bywhichan enterprise can judge the performance of an employee or project.The success of anyMBO objective depends upon the continuous trackingof progress.In tracking this performance it can be extremely useful to make use of anMIS system.Since all SMART objectives are by definition measurablethey can be tracked throughthe generation of management reports to beanalysed by decision-makers.

Benefits of MIS


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The field of MIS can deliver a great many benefits to enterprises in everyindustry.Expert organizations such as the Institute of MIS along with peerreviewed journals suchas MIS Quarterly continue to find and report newways to use MIS to achieve businessobjectives.

Core CompetenciesEvery market leading enterprise will have at least one core competency that is, afunction they perform better than their competition. By building anexceptionalmanagement information system into the enterprise it ispossible to push out ahead of the competition. MIS systems provide thetools necessary to gain a better understanding of the market as well as abetter understanding of the enterprise itself.Enhance Supply Chain Management



Definition:Management Information Systems (MIS) is the term given to thedisciplinefocused on the integration of computer systems with theaims and objectives on anorganization.The development and management of information technology toolsassists executivesand the general workforce in performing any tasksrelated to the processing of information. MIS and business systems are

especially useful in the collation of businessdata and the production ofreports to be used as tools for decision making.

Applications of MIS


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provide a valuable function in that they can collate into coherentreportsunmanageable volumes of data that would otherwise be broadly










Data Processing

Not only do MIS systems allow for the collation of vast amounts ofbusiness data, butthey also provide a valuable time saving benefit to the

workforce. Where in the pastbusiness information had to be manuallyprocessed for filing and analysis it can now beentered quickly and easilyonto a computer by a data processor, allowing for faster decision makingand quicker reflexes for the enterprise as a whole.



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managers and subordinates agree upon aseries of objectives for thesubordinate to attempt to achieve within a set time frame.Objectives areset using the SMART ratio: that is, objectives should beSpecific,Measurable, Agreed, Realistic and Time-Specific.The aim ofthese objectives is to provide a set of key performance indicators bywhichan enterprise can judge the performance of an employee or project.The success of anyMBO objective depends upon the continuous trackingof progress.

In tracking this performance it can be extremely useful to make use of anMIS system.Since all SMART objectives are by definition measurablethey can be tracked throughthe generation of management reports to beanalysed by decision-makers.

Benefits of MISThe field of MIS can deliver a great many benefits to enterprises in everyindustry.Expert organizations such as the Institute of MIS along with peerreviewed journals suchas MIS Quarterly continue to find and report new

ways to use MIS to achieve businessobjectives.Core CompetenciesEvery market leading enterprise will have at least one core competency that is, afunction they perform better than their competition. By building anexceptionalmanagement information system into the enterprise it ispossible to push out ahead of the competition. MIS systems provide thetools necessary to gain a better understanding of the market as well as abetter understanding of the enterprise itself.Enhance Supply Chain Management



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Definition:Management Information Systems (MIS) is the term given to thedisciplinefocused on the integration of computer systems with theaims and objectives on anorganization.The development and management of information technology toolsassists executivesand the general workforce in performing any tasksrelated to the processing of information. MIS and business systems areespecially useful in the collation of businessdata and the production ofreports to be used as tools for decision making.



can assistmanagement in understanding the effects of their strategies,and help enable effectivedecision-making.MIS systems can be used to






useless to decisionmakers. By studying these reports decision-makerscan identify patterns and trends that would have remained unseen if the





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enterprise than would be possible without MISsystems.Data Processing

Not only do MIS systems allow for the collation of vast amounts ofbusiness data, butthey also provide a valuable time saving benefit to theworkforce. Where in the pastbusiness information had to be manuallyprocessed for filing and analysis it can now beentered quickly and easilyonto a computer by a data processor, allowing for faster decision making

and quicker reflexes for the enterprise as a whole.


While MIS systems are extremely useful in generating statistical reportsand dataanalysis they can also be of use as a Management byObjectives (MBO) tool.MBO is a management process by whichmanagers and subordinates agree upon aseries of objectives for the

subordinate to attempt to achieve within a set time frame.Objectives areset using the SMART ratio: that is, objectives should beSpecific,Measurable, Agreed, Realistic and Time-Specific.The aim ofthese objectives is to provide a set of key performance indicators bywhichan enterprise can judge the performance of an employee or project.The success of anyMBO objective depends upon the continuous trackingof progress.In tracking this performance it can be extremely useful to make use of anMIS system.Since all SMART objectives are by definition measurablethey can be tracked throughthe generation of management reports to beanalysed by decision-makers.



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reviewed journals suchas MIS Quarterly continue to find and report newways to use MIS to achieve businessobjectives.Core CompetenciesEvery market leading enterprise will have at least one core competency

that is, afunction they perform better than their competition. By building anexceptionalmanagement information system into the enterprise it ispossible to push out ahead of the competition. MIS systems provide thetools necessary to gain a better understanding of the market as well as abetter understanding of the enterprise itself.Enhance Supply Chain ManagementImproved reporting of business processes leads inevitably to a morestreamlinedproduction process. With better information on the production

process comes the abilityto improve the management of the supply chain,including everything from the sourcingof materials to the manufacturingand distribution of the finished product


Definition:

Management Information Systems (MIS) is the term given to thedisciplinefocused on the integration of computer systems with theaims and objectives on anorganization.The development and management of information technology toolsassists executivesand the general workforce in performing any tasksrelated to the processing of information. MIS and business systems areespecially useful in the collation of businessdata and the production ofreports to be used as tools for decision making.



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managers and subordinates agree upon aseries of objectives for thesubordinate to attempt to achieve within a set time frame.Objectives areset using the SMART ratio: that is, objectives should beSpecific,Measurable, Agreed, Realistic and Time-Specific.The aim of

these objectives is to provide a set of key performance indicators bywhichan enterprise can judge the performance of an employee or project.The success of anyMBO objective depends upon the continuous trackingof progress.In tracking this performance it can be extremely useful to make use of anMIS system.Since all SMART objectives are by definition measurablethey can be tracked throughthe generation of management reports to beanalysed by decision-makers.

Benefits of MISThe field of MIS can deliver a great many benefits to enterprises in everyindustry.Expert organizations such as the Institute of MIS along with peerreviewed journals suchas MIS Quarterly continue to find and report newways to use MIS to achieve businessobjectives.Core CompetenciesEvery market leading enterprise will have at least one core competency that is, afunction they perform better than their competition. By building an

exceptionalmanagement information system into the enterprise it ispossible to push out ahead of the competition. MIS systems provide thetools necessary to gain a better understanding of the market as well as abetter understanding of the enterprise itself.Enhance Supply Chain ManagementImproved reporting of business processes leads inevitably to a morestreamlinedproduction process. With better information on the productionprocess comes the abilityto improve the management of the supply chain,including everything from the sourcingof materials to the manufacturing




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Definition:Management Information Systems (MIS) is the term given to thedisciplinefocused on the integration of computer systems with theaims and objectives on anorganization.

The development and management of information technology toolsassists executivesand the general workforce in performing any tasksrelated to the processing of information. MIS and business systems areespecially useful in the collation of businessdata and the production ofreports to be used as tools for decision making.

Applications of MISWith computers being as ubiquitous as they are today, there's hardly any

large businessthat does not rely extensively on their IT systems.However,there are several specific fields in which MIS has become invaluable.





provide financial statements and performance reports to assist intheplanning, monitoring and implementation of strategy.MIS systems






data to run simulations hypothetical scenariosthat answer a range ofwhat if questions regarding alterations in strategy. For instance,MIS




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Data Processing



While MIS systems are extremely useful in generating statistical reportsand dataanalysis they can also be of use as a Management byObjectives (MBO) tool.MBO is a management process by whichmanagers and subordinates agree upon aseries of objectives for thesubordinate to attempt to achieve within a set time frame.Objectives areset using the SMART ratio: that is, objectives should beSpecific,Measurable, Agreed, Realistic and Time-Specific.The aim ofthese objectives is to provide a set of key performance indicators bywhichan enterprise can judge the performance of an employee or project.The success of anyMBO objective depends upon the continuous trackingof progress.In tracking this performance it can be extremely useful to make use of anMIS system.Since all SMART objectives are by definition measurablethey can be tracked throughthe generation of management reports to beanalysed by decision-makers.

Benefits of MISThe field of MIS can deliver a great many benefits to enterprises in everyindustry.Expert organizations such as the Institute of MIS along with peerreviewed journals suchas MIS Quarterly continue to find and report newways to use MIS to achieve businessobjectives.Core Competencies


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Every market leading enterprise will have at least one core competency that is, afunction they perform better than their competition. By building anexceptionalmanagement information system into the enterprise it ispossible to push out ahead of the competition. MIS systems provide the

tools necessary to gain a better understanding of the market as well as abetter understanding of the enterprise itself.Enhance Supply Chain ManagementImproved reporting of business processes leads inevitably to a morestreamlinedproduction process. With better information on the productionprocess comes the abilityto improve the management of the supply chain,including everything from the sourcingof materials to the manufacturingand distribution of the finished product

Management Information System Ss

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