An executive information system (EIS) provides senior executives with easy access to internal and external information relevant to organizational goals through graphical displays and reporting capabilities. EIS emerged in the 1970s as mainframe-based programs and were early adopted by large firms seeking competitive advantage. EIS applications include monitoring company performance, identifying opportunities, analyzing competitors, and supporting executive planning, decision-making, and control responsibilities.
Decision Support System - Management Information SystemNijaz N
Refers to class of system which supports in the process of decision making and does not always give a decision itself.
Decision Support Systems supply computerized support for the decision making process.
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.
Decision Support System - Management Information SystemNijaz N
Refers to class of system which supports in the process of decision making and does not always give a decision itself.
Decision Support Systems supply computerized support for the decision making process.
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 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
Training Slides of Decision Support System, discussing how the system as an interactive computer-based system that is being effectively used in communications technologies.
Some keypoints:
- The Decision Support Paradigm
- Basic Concepts of DSS
- Examples of DSS
For further information regarding the course, please contact:
info@asia-masters.com
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 covers topic like Information Definition
Meaning of Information System
2.1 Component of Information System
2.2 Functional elements of Information System
2.3 Types of Information System
2.4 Application of Information System
2.5 Recognizing Information System
3. Information System and Society
3.1Information Society
3.2 Types of Information Society
4. Information System and Organization
4.1 ERP Information System in Organization
4.2Information System for a Business Organization.
5. Constraint and Limitation of Information System
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
Training Slides of Decision Support System, discussing how the system as an interactive computer-based system that is being effectively used in communications technologies.
Some keypoints:
- The Decision Support Paradigm
- Basic Concepts of DSS
- Examples of DSS
For further information regarding the course, please contact:
info@asia-masters.com
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 covers topic like Information Definition
Meaning of Information System
2.1 Component of Information System
2.2 Functional elements of Information System
2.3 Types of Information System
2.4 Application of Information System
2.5 Recognizing Information System
3. Information System and Society
3.1Information Society
3.2 Types of Information Society
4. Information System and Organization
4.1 ERP Information System in Organization
4.2Information System for a Business Organization.
5. Constraint and Limitation of Information System
What is Business intelligence
Core Capabilities of Business Intelligence
Elements of Business Intelligence
Why Companies opt for Business Intelligence
Benefits of Business Intelligence
User of Business Intelligence
Reports of Business Intelligence
Business Application in Extended Enterprise
Business Analytics
Golden Rules for Business Intelligence
5 Stages of Business Intelligence
Be Digital or Die - Predictive Analytics for Digital TransformationFintricity
A look at leveraging big data and predictive analytics for digital transformation. This deck was presented at the Predictive Analytics & Innovation Summit in London. 10th May 2016, by Alpesh Doshi, Founder of Fintricity.
Include these Information Systems
Transaction Processing Systems(TPS)
Management Information Systems (MIS)
Decision Support Systems (DSS)
Executive Information Systems (EIS)
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2. Executive Information System (EIS)
An executive information system (EIS), also known as an executive support
system (ESS), is a type of management information system that facilitates
and supports senior executive information and decision-making needs.
It provides easy access to internal and external information relevant to
organizational goals.
It is commonly considered a specialized form of decision support system
(DSS).
EIS emphasizes graphical displays and easy-to-use user interfaces.
They offer strong reporting and drill-down capabilities.
Helps top-level executives analyze, compare, and highlight.
3.
4. History of EIS
The term EIS was first coined at MIT in 1970s.
EIS was first developed as mainframe computer based programs.
The first EIS were developed by large firms willing to gain competitive
advantage.
By mid of 1980s several vendors had developed broad computer bases and
support for EIS technology continues today.
5. Types of Data
Data are divided into four type:
Nominal
Ordinal
Interval
Ratio
6. Nominal Data
Nominal data are categorized without order or direction.
Nominal data is of restricted or limited use.
Example: Gender, marital status or any alphabetic or numeric code without
intrinsic order or ranking.
7. Ordinal Data
Ordinal means rank or order.
Ordinal data place events in order; They are categories like rankings or scaling.
Has no absolute value(only relative position in the inequality)
Example: Ranks or Grades of students, Quality rating of service or product.
8. Interval Data
Interval data are more powerful than ordinal scale due to equality of intervals.
For interval data there is no absolute zero; unique origin does not exists.
Example: Temperature in Fahrenheit, Standardized scores.
9. Ratio Data
Ratio can have an absolute or true zero and represent the actual amount/value.
The most precise data and allow for application of all statistical techniques.
All mathematical operations are possible on ratio data.
Example: Height, Weight, age.
10. Application Area of EIS
• Monitor Company’s Performance
• provide information about a company’s critical success
factors to executives
• supports their planning and control responsibilities.
• An information system that provides strategic information
to the needs of executives and other decision makers.
• Spot and analyze Problem
• Exception reporting
• Trend Analysis
11. Application Area of EIS
• Track Competitors Activities
• Keep informed with competitors strategy and policy to take
competitive advantage in market
• Forecasting
• Forecast future according to the analysis and report
• Identify Opportunities
• Major objectives
• Match strength of company with the opportunity in market
12. Examples
• The customer is a governing body of the Singapore Government that plans and
manages the public transport infrastructure of Singapore and controls the
functioning of bus and rail operators.
13. Example…
Help the users in decision making on new services; change of routes, and in
making on new services, and in general improvement in services.
Provide formatted data as inputs to the network analysis tools.
Process Control to manage data loading and maintain the multi terabyte
warehouse with minimal or no manual intervention.
Propose and provide data mining and other advanced analysis .
To provide high security of data as the people accessing are often from
competing corporates and operators.
Design a scalable and high performance system that provides response in
seconds to the end user.
15. Examples
The Punjab Government has proposed to install an Internet based Executive
Information System (EIS) in all its offices for better connectivity and speedy
disposal of its offices work.
The EIS was launched on May 15.The application work save the Punjab
Government from spending an enormous amount of time to collect, compile and
communicate information.
16. Why Are Top Executives So Different ?
They are enterprise oriented in thinking.
The possess the broadest span of control
They are responsible for establishing policy.
They represent the organization to the external environment external
environment
Their actions have considerable financial and human consequences and human
consequence
22. EIS in Supply Chain Management
• Helps making effective decision .
• Provides evaluation of vendors and buyers.
• Analysis of purchasing materials and decision.
• To improve production planning and controlling.
24. Information
• Reduce Cost
• High Responsiveness
• Less Efficiency
• Make transaction visible
• Support decision making
25. Sourcing
• Inhouse or Outsourcing
• Support decision making
• Helps to maximize profit
• Helps for supplier selection
26. Pricing
• To understand and study customer behavior
• Helps for making pricing strategy
• Helps to know loyal customer
• Helps to balance demand and supply
27. Advantage of EIS
Understanding of the corporation and the business environment as a whole, to
make their decisions.
It provides timely delivery of company summary information.
It provides better understanding of information.
It filters data for management.
It provides system for improvement in information tracking.
It offers efficiency to decision makers.
28. Disadvantage of EIS
Functions are limited, cannot perform complex calculations.
Hard to quantify benefits and to justify implementation of an EIS.
Executives may encounter information overload.
System may become slow, large, and hard to manage.
Difficult to keep current data.
May lead to less reliable and insecure data.
Small companies may encounter excessive costs for implementation.
Highly skilled personnel requirement can not be fulfilled by the small business.
29. Conclusion…
• Helps by providing easy access to internal and external information required for
the fulfillment of organizational goals and objectives along with increase in
overall product value for both supplier and customer.