SlideShare a Scribd company logo
1 of 30
Download to read offline
MANAGEMENT
INFORMATION
   SYSTEM


        Prepared By: Hardeep Singh
Definition
•   A Management Information System is an integrated
    user-machine system, for providing information, to
    support the operations, management, analysis &
    decision-making functions in an organization.


•   The System utilizes computer hardware & software,
    manual procedures, models for analysis, planning,
    control & decision making and a database.

                                           Prepared By: Hardeep Singh
MIS
•   MIS provides information to the users in the form of
    reports   and     output   from    simulations            by
    mathematical models.
•   The report and model output can be provided in a
    tabular or graphic form.




                                            Prepared By: Hardeep Singh
Management Reporting Alternatives
•   MIS provide a variety of information products
    to managers which includes 3 reporting
    alternatives:
    O Periodic   Scheduled Reports
    O Exception   Reports
    O Demand     Reports and Responses




                                         Prepared By: Hardeep Singh
Management Reporting Alternatives
•   MIS provide a variety of information products
    to managers which includes 3 reporting
    alternatives:
    O Periodic   Scheduled Reports: E.g. Weekly Sales
      Analysis Reports, Monthly Financial Statements etc.
    O Exception    Reports: E.g. Periodic Report but contains
      information only about specific events.
    O Demand     Reports and Responses: E.g. Information
      on demand.


                                                 Prepared By: Hardeep Singh
MIS Model
                    Organizational
                       Problem
                       Solvers



          Report                         Mathematical
         Writing                           Models
         Software


                           Database
   MIS

                    Data              Information
                      Environment
                                                    Prepared By: Hardeep Singh
MIS Model…
•   Both   data    and   information   are   entered     from         the
    environment.
•   Database contains the data provided by the subsystem.
•   The database contents are used by software that produces
    periodic and special reports as well as mathematical models
    that simulate various aspects of the firm’s operations.
•   The software outputs are used by persons who are
    responsible for solving the firm’s problems.


                                                     Prepared By: Hardeep Singh
COMPONENTS OF MIS


 INPUT     PROCESSOR      OUTPUT
            CLASSIFY,                     INFORMATION
 DATA TO                ARRANGED            SLICED TO
   BE         SORT,         DATA
           SUMMARIZE,                     MANAGEMENT
ARRANGED                (Information)        SYSTEMS
           CALCULATE




                                        Prepared By: Hardeep Singh
Process
      Net contribution of many
     individual       processes
          in the MIS design.

  Conversion of Inputs into Outputs



                              Prepared By: Hardeep Singh
Inputs
• Sales in units by each salesman for a
  period.
• Estimated sales in units of competitors.
• Economic conditions & trends.




                                  Prepared By: Hardeep Singh
Outputs
• Sale by Product
• Sales by Salesman
• Sales by Region, Salesman & Products.
• Sales Trend Analysis
• Sales Forecasts




                                  Prepared By: Hardeep Singh
MIS Characteristics
•   Management Oriented/directed
•   Business Driven
•   Integrated
•   Common Data Flows
•   Heavy Planning Element
•   Subsystem Concept
•   Flexibility & Ease of Use
•   Database
•   Distributed Systems
•   Information as a Resource
                                   Prepared By: Hardeep Singh
STRUCTURE OF MIS
                 Approaches
•   Physical Components
•   Information System Processing Functions
•   Decision Support
•   Levels of Management Activities
•   Organizational Functions

                                      Prepared By: Hardeep Singh
Based on Physical Components
• Hardware
• Software
• Database
• Procedures
• Operating Personnel
• Input & Output




                        Prepared By: Hardeep Singh
Based on Physical Components
•   Hardware: E.g. CPU, Monitor, Keyboard, Printer etc.
•   Software: E.g. System and Application S/W.
•   Database: E.g. Data stored in files.
•   Procedures: E.g. Manuals etc.
•   Operating Personnel: E.g. Computer Operators,
    Programmers, System Analysts, System Manager etc.
•   Input & Output: E.g. Printouts, Reports etc.




                                                   Prepared By: Hardeep Singh
Based on Processing Functions
• To Process Transactions
• To Maintain Master Files
• To Produce Reports
• To Process Enquiries
• To Process interactive Support Applications




                                     Prepared By: Hardeep Singh
Based on Processing Functions
•   To Process Transactions: E.g. Making a purchase or a
    sale of a product.
•   To Maintain Master Files: E.g. For preparing an
    employee’s salary, required data items are Basic Pay,
    Allowances, Deductions etc.
•   To Produce Reports: For e.g. Specific or Adhoc reports
•   To Process Enquiries: For e.g. Regular or Adhoc
    enquiry.
•   To Process interactive Support Applications: E.g.
    Applications designed for planning, analysis and decision
    making.

                                                 Prepared By: Hardeep Singh
Based on Output For Users
•   Transaction Documents or Screens

•   Preplanned Reports

•   Preplanned Inquiry Responses

•   Adhoc Reports & Inquiry Responses

•   User-machine Dialog Results


                                        Prepared By: Hardeep Singh
MIS Support for Decision Making
• Structured / Programmable Decisions
• Unstructured / Non-Programmable Decisions
• Semi-Structured Decisions




                                  Prepared By: Hardeep Singh
MIS Support for Decision Making
•   Structured / Programmable Decisions:
    O   Decisions that are repetitive, routine and have a definite
        procedure for handling them.
    O   For e.g. Inventory reorder formula, Rules for granting
        Credit.
•   Unstructured / Non-Programmable Decisions:
    O   Non-routine decision in which the decision maker must
        provide judgment, evaluation, and insights into the
        problem definition.
    O   For e.g.
•   Semi-Structured Decisions:
    O   Decision where only part of the problem has a clear cut
        answer provided by an accepted procedure.
                                                    Prepared By: Hardeep Singh
Based on Management Activities
        LEVEL                            COMMENTS
Strategic Planning       Deals with long range considerations.
                         Definitions of Goals, Policies & General
                         Guidelines Charting Course for Organization.
                         Determination of Organizational Objectives

Management Control &     It has medium term planning horizon.
Tactical Planning        Acquisition of resources, Acquisition Tactics,
                         Plant Location, New Products.
                         Establishment & Monitoring of Budgets
Operational Planning &   It is related to short-term decisions for current
Control                  operations. Effective & efficient use of existing
                         facilities & resources to carry out activities within
                         budget constraints
                                                             Prepared By: Hardeep Singh
Based on Organizational Functions
                             ORGANIZATIONAL FUNCTIONS




                Strategic
                Planning

              Management
 ACTIVITIES




               Control

              Operational
               Control

               Transaction
                Processing

                                                        Prepared By: Hardeep Singh
Based on Organizational Functions
 Sub       Involves   Transaction Operational Management Strategic
system                Processing   Control      Control  Planning


Sales     Activities  Sales orders,   Hiring   and    Comparison        Consider
and       related to promotion        training   of   of     overall    ation of
Marketi   promotion orders etc.       sales force,    performance       new
ng        and sales                   day to day      against           markets
          of products                 scheduling      marketing         and new
          or                          of sales and    plan              marketin
          services.                   promotional                       g
                                      efforts,                          strategies
                                      periodic                          ,Custome
                                      analysis of                       r,Competi
                                      sales                             tor
                                      volumes                           Analysis
                                                               Prepared By: Hardeep Singh
EDP and MIS
•   EDP:
    O These systems process mostly clerical and supervisory
      type of applications related to record keeping, processing
      of large volume of data and generation of authentic and
      accurate reports for operational management.
    O These systems offer cost reduction by saving upon
      manpower and time resource.
    O These serve as information source to operational
      management and assist in operational control and
      planning.
    O Application Uses: Payroll, Inventory control, Production,
      Costing, Purchase and Logistics.
                                                  Prepared By: Hardeep Singh
An Example
•   A typical EDP application for ledger accounting that
    consists of modules for data storage of account
    vouchers and generation of accounting reports
    such as ledgers, trial balance, profit & loss account
    etc. The primary objective of the application is book
    keeping.
•   The motive of this application is to ease the clerical
    functions and assist in operational control.

                                              Prepared By: Hardeep Singh
EDP/MIS/DSS
•   EDP was first applied to the lower operational
    levels of the organization to automate the
    paperwork.
•   Characteristics:
    O   A focus on data, storage, processing and flows at the
        operational level.
    O   Efficient transaction processing.
    O   Scheduled and optimized computer runs.
    O   Integrated files for related jobs.
    O   Summary reports for management.
    O   EDP level of activity in many firms has become an
        efficient facility for transaction processing.
                                                 Prepared By: Hardeep Singh
EDP/MIS/DSS…
•   MIS:
    O   An information focus, which is aimed at middle
        managers.
    O   A structured information flow.
    O   Integration of EDP by business functions.
    O   Inquiry and report generation with a database.
    O   When controls are incorporated in an EDP application,
        then these are upgraded to MIS applications.




                                                 Prepared By: Hardeep Singh
EDP/MIS/DSS…
•   DSS:
    O Itis focused higher in the organization with an
      emphasis on the following characteristics:
       • Decision focused
       • Aimed at top managers and executive decision
         makers.
       • Emphasis     on flexibility, adaptability and quick
         response.
       • User initiated and controlled.

       • Support for the personal decision making styles of
         individual managers.
                                                Prepared By: Hardeep Singh
Pitfalls in MIS Development
•   Organization does not have a reliable management system

•   Organization has not defined its mission clearly

•   Organization’s objectives have not been specified

•   Management lacks interest in MIS development process &
    relies solely on MIS development’s specification.

•   Communication gap exists between MIS development team
    and the management

•   MIS development team is incompetent

                                                       Prepared By: Hardeep Singh
MIS AS A COMPETITIVE ADVANTAGE

• Barriers to Entry
• Distribution Channels
• Switching Costs
• Lower Production Costs
• Product Differentiation
• Quality Management
• The Value Chain



                            Prepared By: Hardeep Singh

More Related Content

What's hot

Different types of information system from functional perspective
Different types of information system from functional perspectiveDifferent types of information system from functional perspective
Different types of information system from functional perspectiveDanish Musthafa
 
Management Information System
Management Information SystemManagement Information System
Management Information SystemChoudhry Asad
 
Management information systems
Management information systemsManagement information systems
Management information systemsDheeraj Negi
 
MIS concepts
MIS conceptsMIS concepts
MIS conceptssajappy
 
Management Information System (MIS)
Management Information System (MIS)Management Information System (MIS)
Management Information System (MIS)Navneet Jingar
 
Tps Presentation
Tps PresentationTps Presentation
Tps PresentationApex
 
Management Information System
Management Information SystemManagement Information System
Management Information SystemPinaki Basu
 
Transaction Processing System
Transaction Processing SystemTransaction Processing System
Transaction Processing SystemAbdul Aslam
 
Management Information System for BCA
Management Information System for BCAManagement Information System for BCA
Management Information System for BCAKanish George
 
Enterprise management systems
Enterprise management systems Enterprise management systems
Enterprise management systems Sanu Francis
 
Evolution & structure of erp
Evolution & structure of erpEvolution & structure of erp
Evolution & structure of erpSomya Bagai
 
Transaction processing system
Transaction processing systemTransaction processing system
Transaction processing systemuday sharma
 
Management Information System
Management Information SystemManagement Information System
Management Information SystemZeinul Haleem
 
Introduction to information systems and the role of information systems in bu...
Introduction to information systems and the role of information systems in bu...Introduction to information systems and the role of information systems in bu...
Introduction to information systems and the role of information systems in bu...Ultraspectra
 
Development of MIS: Information requirement, Designing of MIS, Implementation...
Development of MIS: Information requirement, Designing of MIS, Implementation...Development of MIS: Information requirement, Designing of MIS, Implementation...
Development of MIS: Information requirement, Designing of MIS, Implementation...Ashish Hande
 
Computers and Information Processing
Computers and Information ProcessingComputers and Information Processing
Computers and Information ProcessingJofred Martinez
 

What's hot (20)

Different types of information system from functional perspective
Different types of information system from functional perspectiveDifferent types of information system from functional perspective
Different types of information system from functional perspective
 
Management Information System
Management Information SystemManagement Information System
Management Information System
 
Management information systems
Management information systemsManagement information systems
Management information systems
 
Mis Mac
Mis MacMis Mac
Mis Mac
 
2. information system
2. information system2. information system
2. information system
 
MIS concepts
MIS conceptsMIS concepts
MIS concepts
 
Management Information System (MIS)
Management Information System (MIS)Management Information System (MIS)
Management Information System (MIS)
 
Tps Presentation
Tps PresentationTps Presentation
Tps Presentation
 
Management Information System
Management Information SystemManagement Information System
Management Information System
 
Transaction Processing System
Transaction Processing SystemTransaction Processing System
Transaction Processing System
 
Management Information System for BCA
Management Information System for BCAManagement Information System for BCA
Management Information System for BCA
 
Enterprise management systems
Enterprise management systems Enterprise management systems
Enterprise management systems
 
Evolution & structure of erp
Evolution & structure of erpEvolution & structure of erp
Evolution & structure of erp
 
Transaction processing system
Transaction processing systemTransaction processing system
Transaction processing system
 
Transaction Processing System
Transaction Processing SystemTransaction Processing System
Transaction Processing System
 
Management Information System
Management Information SystemManagement Information System
Management Information System
 
Mis ppt
Mis pptMis ppt
Mis ppt
 
Introduction to information systems and the role of information systems in bu...
Introduction to information systems and the role of information systems in bu...Introduction to information systems and the role of information systems in bu...
Introduction to information systems and the role of information systems in bu...
 
Development of MIS: Information requirement, Designing of MIS, Implementation...
Development of MIS: Information requirement, Designing of MIS, Implementation...Development of MIS: Information requirement, Designing of MIS, Implementation...
Development of MIS: Information requirement, Designing of MIS, Implementation...
 
Computers and Information Processing
Computers and Information ProcessingComputers and Information Processing
Computers and Information Processing
 

Viewers also liked

Management Information System (Full Notes)
Management Information System (Full Notes)Management Information System (Full Notes)
Management Information System (Full Notes)Harish Chand
 
Basic components of MIS, its applications and outcomes
Basic components of MIS, its applications and outcomesBasic components of MIS, its applications and outcomes
Basic components of MIS, its applications and outcomesRolling Plans Pvt. Ltd.
 
Management information system
Management information systemManagement information system
Management information systemAnamika Sonawane
 
The factories act, 1948
The factories act, 1948The factories act, 1948
The factories act, 1948Ranjeet Yadav
 
Workman compensation act
Workman compensation actWorkman compensation act
Workman compensation actmoon2108
 
MIS Presentation
MIS PresentationMIS Presentation
MIS PresentationDhiren Gala
 
The workmen’s compensation act 1923
The workmen’s compensation act 1923The workmen’s compensation act 1923
The workmen’s compensation act 1923Nidhi Shukla
 
Management information system
Management information systemManagement information system
Management information systemSikander Saini
 

Viewers also liked (10)

Management Information System (Full Notes)
Management Information System (Full Notes)Management Information System (Full Notes)
Management Information System (Full Notes)
 
Basic components of MIS, its applications and outcomes
Basic components of MIS, its applications and outcomesBasic components of MIS, its applications and outcomes
Basic components of MIS, its applications and outcomes
 
Management information system
Management information systemManagement information system
Management information system
 
The factories act, 1948
The factories act, 1948The factories act, 1948
The factories act, 1948
 
Workmen’s compensation act 1923
Workmen’s compensation act  1923Workmen’s compensation act  1923
Workmen’s compensation act 1923
 
Workman compensation act
Workman compensation actWorkman compensation act
Workman compensation act
 
System concepts
System conceptsSystem concepts
System concepts
 
MIS Presentation
MIS PresentationMIS Presentation
MIS Presentation
 
The workmen’s compensation act 1923
The workmen’s compensation act 1923The workmen’s compensation act 1923
The workmen’s compensation act 1923
 
Management information system
Management information systemManagement information system
Management information system
 

Similar to Management information system

Management information system
Management  information systemManagement  information system
Management information systemManisha pandey
 
(134835645) management information system
(134835645) management  information system(134835645) management  information system
(134835645) management information systemgappu23
 
GEDY126-MANAGEMENT-INFORMATION-SYSTEM-Dr.S.Saravanan.pptx
GEDY126-MANAGEMENT-INFORMATION-SYSTEM-Dr.S.Saravanan.pptxGEDY126-MANAGEMENT-INFORMATION-SYSTEM-Dr.S.Saravanan.pptx
GEDY126-MANAGEMENT-INFORMATION-SYSTEM-Dr.S.Saravanan.pptxMaheshPatil527151
 
Business Intelligence and Business Analytics
Business Intelligence and Business AnalyticsBusiness Intelligence and Business Analytics
Business Intelligence and Business Analyticssnehal_152
 
Information system
Information systemInformation system
Information systemDhani Ahmad
 
The essentials of business intelligence
The essentials of business intelligenceThe essentials of business intelligence
The essentials of business intelligenceShwetabh Jaiswal
 
Business Intelligence
Business IntelligenceBusiness Intelligence
Business IntelligenceDigisurface
 
JARVIS:BI for FMCG Sales Managers
JARVIS:BI for FMCG Sales ManagersJARVIS:BI for FMCG Sales Managers
JARVIS:BI for FMCG Sales ManagersRitvvij Parrikh
 
Information technology for managers
Information technology for managersInformation technology for managers
Information technology for managersDebashish Sahu
 
Tips of information Systems Form a functional Perspective(Badhon)
Tips of information Systems Form a functional Perspective(Badhon)Tips of information Systems Form a functional Perspective(Badhon)
Tips of information Systems Form a functional Perspective(Badhon)badhon11-2104
 
Ch01 A decision support system (DSS)
Ch01 A decision support system (DSS)Ch01 A decision support system (DSS)
Ch01 A decision support system (DSS)Bn3wad
 
October 2010 - Marketing Roundtable - Todd Smithee
October 2010 - Marketing Roundtable - Todd SmitheeOctober 2010 - Marketing Roundtable - Todd Smithee
October 2010 - Marketing Roundtable - Todd SmitheeAnnArborSPARK
 

Similar to Management information system (20)

Management information system
Management  information systemManagement  information system
Management information system
 
(134835645) management information system
(134835645) management  information system(134835645) management  information system
(134835645) management information system
 
GEDY126-MANAGEMENT-INFORMATION-SYSTEM-Dr.S.Saravanan.pptx
GEDY126-MANAGEMENT-INFORMATION-SYSTEM-Dr.S.Saravanan.pptxGEDY126-MANAGEMENT-INFORMATION-SYSTEM-Dr.S.Saravanan.pptx
GEDY126-MANAGEMENT-INFORMATION-SYSTEM-Dr.S.Saravanan.pptx
 
Business Intelligence and Business Analytics
Business Intelligence and Business AnalyticsBusiness Intelligence and Business Analytics
Business Intelligence and Business Analytics
 
Business intelligence
Business intelligenceBusiness intelligence
Business intelligence
 
Itm 5
Itm 5Itm 5
Itm 5
 
Information system
Information systemInformation system
Information system
 
Decision making.PPT
Decision making.PPTDecision making.PPT
Decision making.PPT
 
The essentials of business intelligence
The essentials of business intelligenceThe essentials of business intelligence
The essentials of business intelligence
 
Odoo ERP functional
Odoo ERP functionalOdoo ERP functional
Odoo ERP functional
 
Business Intelligence
Business IntelligenceBusiness Intelligence
Business Intelligence
 
ERP Lec 1.pptx
ERP Lec 1.pptxERP Lec 1.pptx
ERP Lec 1.pptx
 
Presentation on BI & HR Mgt
Presentation on BI & HR MgtPresentation on BI & HR Mgt
Presentation on BI & HR Mgt
 
JARVIS:BI for FMCG Sales Managers
JARVIS:BI for FMCG Sales ManagersJARVIS:BI for FMCG Sales Managers
JARVIS:BI for FMCG Sales Managers
 
ERP ppt.ppt
ERP ppt.pptERP ppt.ppt
ERP ppt.ppt
 
Business Intelligence - Conceptual Introduction
Business Intelligence - Conceptual IntroductionBusiness Intelligence - Conceptual Introduction
Business Intelligence - Conceptual Introduction
 
Information technology for managers
Information technology for managersInformation technology for managers
Information technology for managers
 
Tips of information Systems Form a functional Perspective(Badhon)
Tips of information Systems Form a functional Perspective(Badhon)Tips of information Systems Form a functional Perspective(Badhon)
Tips of information Systems Form a functional Perspective(Badhon)
 
Ch01 A decision support system (DSS)
Ch01 A decision support system (DSS)Ch01 A decision support system (DSS)
Ch01 A decision support system (DSS)
 
October 2010 - Marketing Roundtable - Todd Smithee
October 2010 - Marketing Roundtable - Todd SmitheeOctober 2010 - Marketing Roundtable - Todd Smithee
October 2010 - Marketing Roundtable - Todd Smithee
 

Recently uploaded

MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotes
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotesMuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotes
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotesManik S Magar
 
Abdul Kader Baba- Managing Cybersecurity Risks and Compliance Requirements i...
Abdul Kader Baba- Managing Cybersecurity Risks  and Compliance Requirements i...Abdul Kader Baba- Managing Cybersecurity Risks  and Compliance Requirements i...
Abdul Kader Baba- Managing Cybersecurity Risks and Compliance Requirements i...itnewsafrica
 
Scale your database traffic with Read & Write split using MySQL Router
Scale your database traffic with Read & Write split using MySQL RouterScale your database traffic with Read & Write split using MySQL Router
Scale your database traffic with Read & Write split using MySQL RouterMydbops
 
Modern Roaming for Notes and Nomad – Cheaper Faster Better Stronger
Modern Roaming for Notes and Nomad – Cheaper Faster Better StrongerModern Roaming for Notes and Nomad – Cheaper Faster Better Stronger
Modern Roaming for Notes and Nomad – Cheaper Faster Better Strongerpanagenda
 
Connecting the Dots for Information Discovery.pdf
Connecting the Dots for Information Discovery.pdfConnecting the Dots for Information Discovery.pdf
Connecting the Dots for Information Discovery.pdfNeo4j
 
React Native vs Ionic - The Best Mobile App Framework
React Native vs Ionic - The Best Mobile App FrameworkReact Native vs Ionic - The Best Mobile App Framework
React Native vs Ionic - The Best Mobile App FrameworkPixlogix Infotech
 
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptxThe Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptxLoriGlavin3
 
Testing tools and AI - ideas what to try with some tool examples
Testing tools and AI - ideas what to try with some tool examplesTesting tools and AI - ideas what to try with some tool examples
Testing tools and AI - ideas what to try with some tool examplesKari Kakkonen
 
Moving Beyond Passwords: FIDO Paris Seminar.pdf
Moving Beyond Passwords: FIDO Paris Seminar.pdfMoving Beyond Passwords: FIDO Paris Seminar.pdf
Moving Beyond Passwords: FIDO Paris Seminar.pdfLoriGlavin3
 
Generative AI - Gitex v1Generative AI - Gitex v1.pptx
Generative AI - Gitex v1Generative AI - Gitex v1.pptxGenerative AI - Gitex v1Generative AI - Gitex v1.pptx
Generative AI - Gitex v1Generative AI - Gitex v1.pptxfnnc6jmgwh
 
A Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software DevelopersA Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software DevelopersNicole Novielli
 
Bridging Between CAD & GIS: 6 Ways to Automate Your Data Integration
Bridging Between CAD & GIS:  6 Ways to Automate Your Data IntegrationBridging Between CAD & GIS:  6 Ways to Automate Your Data Integration
Bridging Between CAD & GIS: 6 Ways to Automate Your Data Integrationmarketing932765
 
Landscape Catalogue 2024 Australia-1.pdf
Landscape Catalogue 2024 Australia-1.pdfLandscape Catalogue 2024 Australia-1.pdf
Landscape Catalogue 2024 Australia-1.pdfAarwolf Industries LLC
 
Infrared simulation and processing on Nvidia platforms
Infrared simulation and processing on Nvidia platformsInfrared simulation and processing on Nvidia platforms
Infrared simulation and processing on Nvidia platformsYoss Cohen
 
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptxUse of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptxLoriGlavin3
 
So einfach geht modernes Roaming fuer Notes und Nomad.pdf
So einfach geht modernes Roaming fuer Notes und Nomad.pdfSo einfach geht modernes Roaming fuer Notes und Nomad.pdf
So einfach geht modernes Roaming fuer Notes und Nomad.pdfpanagenda
 
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...Nikki Chapple
 
Glenn Lazarus- Why Your Observability Strategy Needs Security Observability
Glenn Lazarus- Why Your Observability Strategy Needs Security ObservabilityGlenn Lazarus- Why Your Observability Strategy Needs Security Observability
Glenn Lazarus- Why Your Observability Strategy Needs Security Observabilityitnewsafrica
 
Long journey of Ruby standard library at RubyConf AU 2024
Long journey of Ruby standard library at RubyConf AU 2024Long journey of Ruby standard library at RubyConf AU 2024
Long journey of Ruby standard library at RubyConf AU 2024Hiroshi SHIBATA
 
Decarbonising Buildings: Making a net-zero built environment a reality
Decarbonising Buildings: Making a net-zero built environment a realityDecarbonising Buildings: Making a net-zero built environment a reality
Decarbonising Buildings: Making a net-zero built environment a realityIES VE
 

Recently uploaded (20)

MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotes
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotesMuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotes
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotes
 
Abdul Kader Baba- Managing Cybersecurity Risks and Compliance Requirements i...
Abdul Kader Baba- Managing Cybersecurity Risks  and Compliance Requirements i...Abdul Kader Baba- Managing Cybersecurity Risks  and Compliance Requirements i...
Abdul Kader Baba- Managing Cybersecurity Risks and Compliance Requirements i...
 
Scale your database traffic with Read & Write split using MySQL Router
Scale your database traffic with Read & Write split using MySQL RouterScale your database traffic with Read & Write split using MySQL Router
Scale your database traffic with Read & Write split using MySQL Router
 
Modern Roaming for Notes and Nomad – Cheaper Faster Better Stronger
Modern Roaming for Notes and Nomad – Cheaper Faster Better StrongerModern Roaming for Notes and Nomad – Cheaper Faster Better Stronger
Modern Roaming for Notes and Nomad – Cheaper Faster Better Stronger
 
Connecting the Dots for Information Discovery.pdf
Connecting the Dots for Information Discovery.pdfConnecting the Dots for Information Discovery.pdf
Connecting the Dots for Information Discovery.pdf
 
React Native vs Ionic - The Best Mobile App Framework
React Native vs Ionic - The Best Mobile App FrameworkReact Native vs Ionic - The Best Mobile App Framework
React Native vs Ionic - The Best Mobile App Framework
 
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptxThe Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
 
Testing tools and AI - ideas what to try with some tool examples
Testing tools and AI - ideas what to try with some tool examplesTesting tools and AI - ideas what to try with some tool examples
Testing tools and AI - ideas what to try with some tool examples
 
Moving Beyond Passwords: FIDO Paris Seminar.pdf
Moving Beyond Passwords: FIDO Paris Seminar.pdfMoving Beyond Passwords: FIDO Paris Seminar.pdf
Moving Beyond Passwords: FIDO Paris Seminar.pdf
 
Generative AI - Gitex v1Generative AI - Gitex v1.pptx
Generative AI - Gitex v1Generative AI - Gitex v1.pptxGenerative AI - Gitex v1Generative AI - Gitex v1.pptx
Generative AI - Gitex v1Generative AI - Gitex v1.pptx
 
A Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software DevelopersA Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software Developers
 
Bridging Between CAD & GIS: 6 Ways to Automate Your Data Integration
Bridging Between CAD & GIS:  6 Ways to Automate Your Data IntegrationBridging Between CAD & GIS:  6 Ways to Automate Your Data Integration
Bridging Between CAD & GIS: 6 Ways to Automate Your Data Integration
 
Landscape Catalogue 2024 Australia-1.pdf
Landscape Catalogue 2024 Australia-1.pdfLandscape Catalogue 2024 Australia-1.pdf
Landscape Catalogue 2024 Australia-1.pdf
 
Infrared simulation and processing on Nvidia platforms
Infrared simulation and processing on Nvidia platformsInfrared simulation and processing on Nvidia platforms
Infrared simulation and processing on Nvidia platforms
 
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptxUse of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
 
So einfach geht modernes Roaming fuer Notes und Nomad.pdf
So einfach geht modernes Roaming fuer Notes und Nomad.pdfSo einfach geht modernes Roaming fuer Notes und Nomad.pdf
So einfach geht modernes Roaming fuer Notes und Nomad.pdf
 
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...
 
Glenn Lazarus- Why Your Observability Strategy Needs Security Observability
Glenn Lazarus- Why Your Observability Strategy Needs Security ObservabilityGlenn Lazarus- Why Your Observability Strategy Needs Security Observability
Glenn Lazarus- Why Your Observability Strategy Needs Security Observability
 
Long journey of Ruby standard library at RubyConf AU 2024
Long journey of Ruby standard library at RubyConf AU 2024Long journey of Ruby standard library at RubyConf AU 2024
Long journey of Ruby standard library at RubyConf AU 2024
 
Decarbonising Buildings: Making a net-zero built environment a reality
Decarbonising Buildings: Making a net-zero built environment a realityDecarbonising Buildings: Making a net-zero built environment a reality
Decarbonising Buildings: Making a net-zero built environment a reality
 

Management information system

  • 1. MANAGEMENT INFORMATION SYSTEM Prepared By: Hardeep Singh
  • 2. Definition • A Management Information System is an integrated user-machine system, for providing information, to support the operations, management, analysis & decision-making functions in an organization. • The System utilizes computer hardware & software, manual procedures, models for analysis, planning, control & decision making and a database. Prepared By: Hardeep Singh
  • 3. MIS • MIS provides information to the users in the form of reports and output from simulations by mathematical models. • The report and model output can be provided in a tabular or graphic form. Prepared By: Hardeep Singh
  • 4. Management Reporting Alternatives • MIS provide a variety of information products to managers which includes 3 reporting alternatives: O Periodic Scheduled Reports O Exception Reports O Demand Reports and Responses Prepared By: Hardeep Singh
  • 5. Management Reporting Alternatives • MIS provide a variety of information products to managers which includes 3 reporting alternatives: O Periodic Scheduled Reports: E.g. Weekly Sales Analysis Reports, Monthly Financial Statements etc. O Exception Reports: E.g. Periodic Report but contains information only about specific events. O Demand Reports and Responses: E.g. Information on demand. Prepared By: Hardeep Singh
  • 6. MIS Model Organizational Problem Solvers Report Mathematical Writing Models Software Database MIS Data Information Environment Prepared By: Hardeep Singh
  • 7. MIS Model… • Both data and information are entered from the environment. • Database contains the data provided by the subsystem. • The database contents are used by software that produces periodic and special reports as well as mathematical models that simulate various aspects of the firm’s operations. • The software outputs are used by persons who are responsible for solving the firm’s problems. Prepared By: Hardeep Singh
  • 8. COMPONENTS OF MIS INPUT PROCESSOR OUTPUT CLASSIFY, INFORMATION DATA TO ARRANGED SLICED TO BE SORT, DATA SUMMARIZE, MANAGEMENT ARRANGED (Information) SYSTEMS CALCULATE Prepared By: Hardeep Singh
  • 9. Process Net contribution of many individual processes in the MIS design. Conversion of Inputs into Outputs Prepared By: Hardeep Singh
  • 10. Inputs • Sales in units by each salesman for a period. • Estimated sales in units of competitors. • Economic conditions & trends. Prepared By: Hardeep Singh
  • 11. Outputs • Sale by Product • Sales by Salesman • Sales by Region, Salesman & Products. • Sales Trend Analysis • Sales Forecasts Prepared By: Hardeep Singh
  • 12. MIS Characteristics • Management Oriented/directed • Business Driven • Integrated • Common Data Flows • Heavy Planning Element • Subsystem Concept • Flexibility & Ease of Use • Database • Distributed Systems • Information as a Resource Prepared By: Hardeep Singh
  • 13. STRUCTURE OF MIS Approaches • Physical Components • Information System Processing Functions • Decision Support • Levels of Management Activities • Organizational Functions Prepared By: Hardeep Singh
  • 14. Based on Physical Components • Hardware • Software • Database • Procedures • Operating Personnel • Input & Output Prepared By: Hardeep Singh
  • 15. Based on Physical Components • Hardware: E.g. CPU, Monitor, Keyboard, Printer etc. • Software: E.g. System and Application S/W. • Database: E.g. Data stored in files. • Procedures: E.g. Manuals etc. • Operating Personnel: E.g. Computer Operators, Programmers, System Analysts, System Manager etc. • Input & Output: E.g. Printouts, Reports etc. Prepared By: Hardeep Singh
  • 16. Based on Processing Functions • To Process Transactions • To Maintain Master Files • To Produce Reports • To Process Enquiries • To Process interactive Support Applications Prepared By: Hardeep Singh
  • 17. Based on Processing Functions • To Process Transactions: E.g. Making a purchase or a sale of a product. • To Maintain Master Files: E.g. For preparing an employee’s salary, required data items are Basic Pay, Allowances, Deductions etc. • To Produce Reports: For e.g. Specific or Adhoc reports • To Process Enquiries: For e.g. Regular or Adhoc enquiry. • To Process interactive Support Applications: E.g. Applications designed for planning, analysis and decision making. Prepared By: Hardeep Singh
  • 18. Based on Output For Users • Transaction Documents or Screens • Preplanned Reports • Preplanned Inquiry Responses • Adhoc Reports & Inquiry Responses • User-machine Dialog Results Prepared By: Hardeep Singh
  • 19. MIS Support for Decision Making • Structured / Programmable Decisions • Unstructured / Non-Programmable Decisions • Semi-Structured Decisions Prepared By: Hardeep Singh
  • 20. MIS Support for Decision Making • Structured / Programmable Decisions: O Decisions that are repetitive, routine and have a definite procedure for handling them. O For e.g. Inventory reorder formula, Rules for granting Credit. • Unstructured / Non-Programmable Decisions: O Non-routine decision in which the decision maker must provide judgment, evaluation, and insights into the problem definition. O For e.g. • Semi-Structured Decisions: O Decision where only part of the problem has a clear cut answer provided by an accepted procedure. Prepared By: Hardeep Singh
  • 21. Based on Management Activities LEVEL COMMENTS Strategic Planning Deals with long range considerations. Definitions of Goals, Policies & General Guidelines Charting Course for Organization. Determination of Organizational Objectives Management Control & It has medium term planning horizon. Tactical Planning Acquisition of resources, Acquisition Tactics, Plant Location, New Products. Establishment & Monitoring of Budgets Operational Planning & It is related to short-term decisions for current Control operations. Effective & efficient use of existing facilities & resources to carry out activities within budget constraints Prepared By: Hardeep Singh
  • 22. Based on Organizational Functions ORGANIZATIONAL FUNCTIONS Strategic Planning Management ACTIVITIES Control Operational Control Transaction Processing Prepared By: Hardeep Singh
  • 23. Based on Organizational Functions Sub Involves Transaction Operational Management Strategic system Processing Control Control Planning Sales Activities Sales orders, Hiring and Comparison Consider and related to promotion training of of overall ation of Marketi promotion orders etc. sales force, performance new ng and sales day to day against markets of products scheduling marketing and new or of sales and plan marketin services. promotional g efforts, strategies periodic ,Custome analysis of r,Competi sales tor volumes Analysis Prepared By: Hardeep Singh
  • 24. EDP and MIS • EDP: O These systems process mostly clerical and supervisory type of applications related to record keeping, processing of large volume of data and generation of authentic and accurate reports for operational management. O These systems offer cost reduction by saving upon manpower and time resource. O These serve as information source to operational management and assist in operational control and planning. O Application Uses: Payroll, Inventory control, Production, Costing, Purchase and Logistics. Prepared By: Hardeep Singh
  • 25. An Example • A typical EDP application for ledger accounting that consists of modules for data storage of account vouchers and generation of accounting reports such as ledgers, trial balance, profit & loss account etc. The primary objective of the application is book keeping. • The motive of this application is to ease the clerical functions and assist in operational control. Prepared By: Hardeep Singh
  • 26. EDP/MIS/DSS • EDP was first applied to the lower operational levels of the organization to automate the paperwork. • Characteristics: O A focus on data, storage, processing and flows at the operational level. O Efficient transaction processing. O Scheduled and optimized computer runs. O Integrated files for related jobs. O Summary reports for management. O EDP level of activity in many firms has become an efficient facility for transaction processing. Prepared By: Hardeep Singh
  • 27. EDP/MIS/DSS… • MIS: O An information focus, which is aimed at middle managers. O A structured information flow. O Integration of EDP by business functions. O Inquiry and report generation with a database. O When controls are incorporated in an EDP application, then these are upgraded to MIS applications. Prepared By: Hardeep Singh
  • 28. EDP/MIS/DSS… • DSS: O Itis focused higher in the organization with an emphasis on the following characteristics: • Decision focused • Aimed at top managers and executive decision makers. • Emphasis on flexibility, adaptability and quick response. • User initiated and controlled. • Support for the personal decision making styles of individual managers. Prepared By: Hardeep Singh
  • 29. Pitfalls in MIS Development • Organization does not have a reliable management system • Organization has not defined its mission clearly • Organization’s objectives have not been specified • Management lacks interest in MIS development process & relies solely on MIS development’s specification. • Communication gap exists between MIS development team and the management • MIS development team is incompetent Prepared By: Hardeep Singh
  • 30. MIS AS A COMPETITIVE ADVANTAGE • Barriers to Entry • Distribution Channels • Switching Costs • Lower Production Costs • Product Differentiation • Quality Management • The Value Chain Prepared By: Hardeep Singh