This tutorial on Executive Information System gives you a brief introduction to one of the important ERP Technology.
This tutorial covers the following topics:
1. What is EIS?
2. History
3. Why EIS?
4. Features
5. Components
6. Hardware, Software, User Interface
7. Limitations
8. Future of EIS
Additional Notes:
Application Notes-
1. Manufacturing operational control focuses on day-to-day operations, and the central idea of this process is effectiveness and efficiency.
2. Marketing
In an organization, marketing executives’ duty is managing available marketing resources to create a more effective future. For this, they need make judgments about risk and uncertainty of a project and its impact on the company in short term and long term.
3. In an organization, marketing executives’ duty is managing available marketing resources to create a more effective future. For this, they need make judgments about risk and uncertainty of a project and its impact on the company in short term and long term.
This tutorial on Executive Information System gives you a brief introduction to one of the important ERP Technology.
This tutorial covers the following topics:
1. What is EIS?
2. History
3. Why EIS?
4. Features
5. Components
6. Hardware, Software, User Interface
7. Limitations
8. Future of EIS
Additional Notes:
Application Notes-
1. Manufacturing operational control focuses on day-to-day operations, and the central idea of this process is effectiveness and efficiency.
2. Marketing
In an organization, marketing executives’ duty is managing available marketing resources to create a more effective future. For this, they need make judgments about risk and uncertainty of a project and its impact on the company in short term and long term.
3. In an organization, marketing executives’ duty is managing available marketing resources to create a more effective future. For this, they need make judgments about risk and uncertainty of a project and its impact on the company in short term and long term.
Management Information System (MIS) is a planned system of collecting, storing, and disseminating data in the form of information needed to carry out the functions of management. A Management Information System is an information system that evaluates, analyzes, and processes an organization's data to produce meaningful and useful information based on which the management can take right decisions to ensure future growth of the organization.
This presentation is detailed PPT on Management Information System. Infact it is a combination of various presentations that are downloaded from the internet.
The presentation is self explanatory and is very helpful for Management and Commerce students
MODEL- DRIVEN DSS
includes system that use accounting, financial models, and representational models.
2. DATA DRIVEN DSS
file drawer & management reporting system, data warehousing, geographical information.
This presentation is on the topic - Transaction Processing System. It is a topic in Information Technology for Managers. It includes the concept, characteristics, functions, advantages and disadvantages, types and application of TPS
Current trends in library management systems Morten Nielsen
Marshall Breeding will present his view of the current state of the art of library management systems, the role of discovery products to improve end-user experiences, and give some perspective on what's emerging in the near future in the technologies that libraries will need to manage their operations and to provide services to their users.
Executive Employment Trends Report Q3 2017BPI group
What is the current average length of an executive job search? How does an executive’s base salary level or education impact the length of the job search?
BPI group's Executive Employment Trends Report Q3 2017 offers greater visibility into the current executive job market. We are committed to quality and results in our career transition programs, and believe that keeping a careful eye on trends in the market is an important way to ensure we meet the needs of our executive transition clients.
This report includes analysis of the average length of the executive job search, as well as how the job search is impacted by an executive's base salary level, education level, gender, and age.
Management Information System (MIS) is a planned system of collecting, storing, and disseminating data in the form of information needed to carry out the functions of management. A Management Information System is an information system that evaluates, analyzes, and processes an organization's data to produce meaningful and useful information based on which the management can take right decisions to ensure future growth of the organization.
This presentation is detailed PPT on Management Information System. Infact it is a combination of various presentations that are downloaded from the internet.
The presentation is self explanatory and is very helpful for Management and Commerce students
MODEL- DRIVEN DSS
includes system that use accounting, financial models, and representational models.
2. DATA DRIVEN DSS
file drawer & management reporting system, data warehousing, geographical information.
This presentation is on the topic - Transaction Processing System. It is a topic in Information Technology for Managers. It includes the concept, characteristics, functions, advantages and disadvantages, types and application of TPS
Current trends in library management systems Morten Nielsen
Marshall Breeding will present his view of the current state of the art of library management systems, the role of discovery products to improve end-user experiences, and give some perspective on what's emerging in the near future in the technologies that libraries will need to manage their operations and to provide services to their users.
Executive Employment Trends Report Q3 2017BPI group
What is the current average length of an executive job search? How does an executive’s base salary level or education impact the length of the job search?
BPI group's Executive Employment Trends Report Q3 2017 offers greater visibility into the current executive job market. We are committed to quality and results in our career transition programs, and believe that keeping a careful eye on trends in the market is an important way to ensure we meet the needs of our executive transition clients.
This report includes analysis of the average length of the executive job search, as well as how the job search is impacted by an executive's base salary level, education level, gender, and age.
http://www.profitableinvestingtips.com/investing-tips/brics-development-bank-problems
BRICS Development Bank Problems
There seem to be BRICS development bank problems even before the idea gets off the ground. In their recent summit in South Africa, the leaders of Brazil, Russia, India, China, and South Africa stated that they intend to create an international bank to support development in the developing world. The argument made by many in the developing world is that the World Bank, International Monetary Fund, and the Bank of International Development have a Western bias. This argument has been around for quite a while. The emerging powers of the BRICS group want more say in what goes on in the world and more say that is commensurate with their growing economic clout. The figure tossed around is $50 Billion in seed capital, evenly divided among the five BRICS nations. But, BRICS development bank problems are sure to rise. The complaint of these nations has been that the dominant economies of Europe and North America call the tune for who gets development money and who does not. There is a realistic fear that China with the largest economy and largest cash reserves will want to call the tune and cause BRICS development bank problems. Where will the headquarters of such a bank be? Who will be its officers and how will they be chosen? This news follows on the heels of a large Russian Chinese energy agreement in the making, a deal which holds much of the same promise of investment opportunity in these nations, and much of the same risk of failure.
He Who Has the Money Has the Power
Where the Europeans used to have colonies across the globe, the United States developed an economic hegemony in the years after World War Two. US military might and economic clout guaranteed allies in the fight against communism. Another way of looking at the contest between the USSR and the USA is that industrialized nations need both access to natural resources and people to sell their products to. As China has grown in economic clout it has followed the path of the Brits and the Yanks by spreading cash around the Third World in return for oil contracts, mineral rights, and access to markets. Where locals everywhere across the globe used to both envy and resent the Brits and then the Yanks, they now envy and resent the Chinese. An all too accurate complaint in Africa is that China is actively working to inhibit industrial development in Africa because they want African resources and they don’t want industrial competition with cheap African labor. An issue for South Africa is if they can ante up $10 Billion to have an equal share of bank power alongside the Chinese.
What Does Artificial Intelligence Have to Do with IT Operations?Precisely
From the early days of IT, organizations have grappled with the challenges of understanding how well their infrastructure is performing in support of the business. They have used a plethora of tools to detect, manage, and resolve problems that are causing disruption of services, but still struggle to achieve a unified, cross-domain understanding of what is happening across their IT infrastructure. Fortunately, over the past few years analytics platforms like Splunk, Elastic, and others have emerged to address requirements around IT Operations Analytics (ITOA). Now today the buzz is around AIOps – Artificial Intelligence Operations. But what is AIOps, and what can it do to help organizations address IT challenges. In this presentation you will get a better understanding of:
What is Artificial Intelligence for IT Operations
What are the required technologies for success at AIOps
What challenges exist for achieving AIOPs
Many organizations engage in initiatives to develop elaborate reference architectures, patterns and governance processes in an attempt to optimize their enterprise. They put significant effort into the upfront guidance of development teams, and then find themselves challenged to understand how closely an architecture matches the approved approach after the projects complete. Organizations must take a new approach to this problem!
The boiler market in India is growing fast at a CAGR (Compounded Annual Growth Rate) of 24.53%, courtesy the ever increasing energy requirement of the nation. The thermal power sector, ie- coal and gas based generation are the key driver of this growth of Indian boiler market. Other than them, it’s the biomass power plants which drives the small segment boiler market.
2. WHAT EXACTLY IS AN EIS?
• An EIS is a special type of DSS designed to support
decision making at the top level of an organization.
• An EIS may help a CEO to get an accurate picture of overall
operations, and a summary of what competitors are doing.
• These systems are generally easy to operate and present
information in ways easy to quickly absorb (graphs, charts,
etc.).
4. EXECUTIVE INFORMATION NEEDS
• Decision making (by providing data)
• Scheduling (to set agendas and schedule meetings)
• Email and electronic briefing (to browse data and
monitor situations)
• Majority of personal DSS support the work of
professionals and middle-level managers
• Organizational DSS support planners, analysts, and
researchers.
• Rarely do top executives directly use a DSS
5. HOW TO FIND EXECUTIVE’S
INFORMATION NEEDS
Wetherbe's Approach [1991]
1. Structured Interviews
IBM's Business System Planning (BSP)
Critical Success Factors (CSF)
Ends/Means (E/M) Analysis
2. Prototyping
Watson and Frolick's Approach [1992]
Asking (interview approach)
Deriving the needs from an existing information system
Synthesis from characteristics of the systems
Discovering (Prototyping)
Ten methods
6. EIS IMPROVEMENTS IN EXECUTIVE JOB
PERFORMANCE ABILITY
- Enhanced communications
- Greater ability to identify historic trends
- Improved executive effectiveness
- Improved executive efficiency
- Fewer meetings and less time spent in meetings
- Enhanced executive planning, organizing, and control
- More focused executive attention
- Greater support for executive decision making
- Increased span of control
7. EIS CHARACTERISTICS
Tracking and Control Tool
Excellent Graphics
Very User-Friendly
Provides Rapid Access to Current
Information
Problem Solving vs. Opportunity Assessment
Tailored to executive’s information needs
Reports
“Drill-down” process
8. REPRESENTATIVE EIS SOFTWARE
Product Vendor
Command Center Pilot Software
Commander Comsahre Inc.
EIS Tool Kit Easel Corp.
Executive Decisions IBM Corp.
Focus Channel Computing
LightShip Pilot Software
The SAS System SAS Institute Inc.
9. PURPOSE OF AN EIS
• Gives managers access to the data
• Promotes managerial learning
• Provides timely information
• Looking at the data leads to questions
• Identifies trends
• Measures performance
10. TYPES OF EISs
• Corporate Management
• E.g., Management functions, human
resources, financial data, correspondence,
performance measures, etc.
• Technical Information Dissemination
• E.g., Energy, environment, aerospace,
weather, etc.
11. STRUCTURE OF AN EIS
• Presentation Graphics
• Tutorials
• Web Pages
• Internet Portals
• Intranet
• Database Queries and Reporting
12. TOOLS
• Database Interfaces
• Queries
• Forms
• Modules (Code)
• Hypertext Interfaces
• Active Server Pages (MS ASP)
• Off-the shelf Software
• Custom Programming
13. EIS COMPONENTS
• Early EIS products were developed for use on
high-powered computers, but current products
target the client/server platform.
• These more-flexible platforms can adapt to
changes in the organization and in technology.
• Use of real-time data leads to faster, more informed
decisions.
14. HARDWARE COMPONENTS
• An EIS requires no specific or unique hardware.
• A key issue is to be sure that the EIS components
optimize and conform to the organization’s
computing resources.
• The system must be configured so that the
resources are well-matched to the executives
using them.
15. SOFT WARE COMPONENTS
• In contrast to hardware, software is usually highly
specialized to the problem domain.
• This specialization is often achieved by using off-the-
shelf components for the EIS backbone, and
customized modules to meet specific needs.
• Lotus Notes is a good example. It can be used alone,
or can accommodate third-party plug-in modules.
16. EIS OPERATIONAL SUCCESS
FACTORS
• Deliver timely information
• Improve efficiency
• Provide accurate information
• Provide relevant information
• Ease of use
• Provide access to the status of the organization
• Provide improved communications
An EIS for upper management must fit with their
decision styles
17. DETERMINATES OF EIS ACCEPTANCE
• Rapid Development Time
• Staff Size
• EIS Age
• Not Ease of Use
• Not High Usage
• Not Many Features
• Not a Staff Close to Users
18. FACTORS CONTRIBUTING TO
EIS FAILURES
• Technology-related factors
• Support-related factors
• User-related factors
• Most EIS fail because they do not provide value for
their high cost though EIS benefits are difficult to
measure
19. SOME EIS LIMITATIONS AND
PITFALLS TO AVOID
• Cost: a 1991 survey showed an average development
cost of $365,000 with annual operating costs of
$200,000.
• Technological limitations: the EIS needs to be
seamlessly integrated into the company’s current IT
architecture, so it is a formidable challenge to the
designer.
• Organizational limitations: the organizational structure
might not be right.
20. CURRENT TRENDS IN EIS
• More enterprise-wide EIS with greater decision
support capabilities
• Integration with other software (Lotus Domino /
Notes and World Wide Web)
• More intelligence - intelligent software agents
21. THE FUTURE OF EIS
Several conditions will merge to transform the
technology. Some are easy to predict, some not.
Two that we can foresee are:
• Increased comfort with computing technology in the
executive suite will make innovations more readily
accepted.
• Broadening of executive responsibilities will broaden
the demand for information.
