The document discusses the development of long-range plans for Management Information Systems (MIS). It states that information should be recognized as a valuable resource like capital and managed through planning. Many organizations initially only used computers for data processing and reporting rather than information processing. However, since the late 1980s as computer technology advanced, it became possible to recognize information as a valuable resource. The design of a flexible MIS that can deal with changing information needs is complex and requires alignment with the organization's business plan to identify information needs and ensure the proper systems are in place.