Management Information Systems - A Brief Overview

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This presentation was made for the introductory student work on MIS.
This gives you a brief overview of Management Information System and how it is helpful in tacking business problems.

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Management Information Systems - A Brief Overview

  1. 3. <ul><li>This presentation is strictly made for academic discussions. The information provided here is collected from various sources online, for which, the authors are very much thankful to. </li></ul>
  2. 4. <ul><li>RIGHT Information to the </li></ul><ul><li>RIGHT People at the </li></ul><ul><li>RIGHT Time </li></ul><ul><li>To operate Business Effectively & Efficiently </li></ul>
  3. 5. <ul><li>A step in problem solving </li></ul><ul><li>Intelligence gathering </li></ul><ul><ul><li>Definition of problem </li></ul></ul><ul><ul><li>Data gathered on scope </li></ul></ul><ul><ul><li>Constraints identified </li></ul></ul><ul><li>Design phase </li></ul><ul><ul><li>Alternatives identified and assessed </li></ul></ul><ul><li>Choice </li></ul><ul><ul><li>Selection of an alternative </li></ul></ul>
  4. 6. <ul><li>Structured problems lend themselves to programmed decisions </li></ul><ul><ul><li>The implication is that a repeatable process can be employed and these can be automated </li></ul></ul><ul><li>Unstructured problems require un-programmed decisions </li></ul>
  5. 7. <ul><li>Provide managers with information </li></ul><ul><li>Monitor regular routine operations </li></ul><ul><li>Control, organize and plan better </li></ul>
  6. 8. <ul><li>Inputs: Information from the Sources </li></ul><ul><li>Outputs: hard and softcopy reports </li></ul><ul><ul><li>Scheduled reports </li></ul></ul><ul><ul><li>On-demand reports </li></ul></ul><ul><ul><li>Key-indicator (business fundamentals) </li></ul></ul><ul><ul><li>Exception reports </li></ul></ul>
  7. 9. <ul><li>ERP </li></ul><ul><li>CRM </li></ul><ul><li>SCM </li></ul><ul><li>BI </li></ul>
  8. 11. <ul><li>Financial MIS </li></ul><ul><ul><li>Will integrate information from multiple sources </li></ul></ul><ul><ul><li>Functions </li></ul></ul><ul><ul><ul><li>Costing </li></ul></ul></ul><ul><ul><ul><li>P&L reporting </li></ul></ul></ul><ul><ul><ul><li>Auditing </li></ul></ul></ul><ul><ul><ul><li>Funds management </li></ul></ul></ul>
  9. 12. <ul><li>Manufacturing </li></ul><ul><ul><li>Design and Engineering </li></ul></ul><ul><ul><li>Master Production Scheduling </li></ul></ul><ul><ul><li>Inventory Control </li></ul></ul><ul><ul><li>Materials Planning </li></ul></ul><ul><ul><li>Manufacturing and Process Control </li></ul></ul><ul><ul><li>Quality Control </li></ul></ul>
  10. 13. <ul><li>Marketing </li></ul><ul><ul><li>Market research </li></ul></ul><ul><ul><ul><li>Online / Offline market research </li></ul></ul></ul><ul><ul><li>Pricing </li></ul></ul>
  11. 14. <ul><li>Transportation and Logistics </li></ul><ul><ul><li>Route and schedule optimization </li></ul></ul><ul><li>Human Resources </li></ul><ul><li>Accounting </li></ul>
  12. 15. <ul><li>Used for unstructured problems </li></ul><ul><li>Characteristics </li></ul><ul><ul><li>Data from multiple sources internal and external to organization </li></ul></ul><ul><ul><li>Presentation flexibility </li></ul></ul><ul><ul><li>Simulation and what-if capability </li></ul></ul><ul><ul><li>Support for multiple decision approaches </li></ul></ul><ul><ul><li>Statistical analysis </li></ul></ul>
  13. 16. <ul><li>Model management software </li></ul><ul><ul><li>Provides a variety of solution models </li></ul></ul><ul><ul><ul><li>Financial, statistical, graphical, project management </li></ul></ul></ul><ul><li>Dialogue Manager </li></ul><ul><ul><li>Allows user interaction with DSS </li></ul></ul>
  14. 17. <ul><li>How can information technology improve how decisions are made by groups? </li></ul>
  15. 18. <ul><li>Applications </li></ul><ul><ul><li>Where time is critical </li></ul></ul><ul><ul><li>Where participants are geographically dispersed </li></ul></ul><ul><ul><li>Where authority obstructs communication </li></ul></ul><ul><ul><li>Military </li></ul></ul><ul><ul><li>Business </li></ul></ul><ul><ul><li>Government </li></ul></ul>
  16. 19. <ul><li>Common characteristics </li></ul><ul><ul><li>Meeting moderation/facilitation </li></ul></ul><ul><ul><li>Signed and anonymous comments </li></ul></ul><ul><ul><li>Structured deliberations </li></ul></ul><ul><ul><ul><li>Presentation period </li></ul></ul></ul><ul><ul><ul><li>Comment period </li></ul></ul></ul><ul><ul><ul><li>Automated collation of comments </li></ul></ul></ul><ul><ul><ul><li>“ Voting” </li></ul></ul></ul><ul><li>Face-to-face and remote </li></ul>
  17. 20. <ul><li>What information does a chief executive of board member require? </li></ul>
  18. 21. <ul><li>High level with drill down </li></ul><ul><li>Key business and industry data </li></ul><ul><li>Structured and unstructured information </li></ul><ul><ul><li>Structured: orders </li></ul></ul><ul><ul><li>Unstructured: Industry news feed </li></ul></ul><ul><li>Graphical </li></ul>
  19. 22. <ul><li>Cognos </li></ul><ul><li>SAP </li></ul><ul><li>Brio </li></ul><ul><li>MS Sharepoint </li></ul>

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