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MANAGEMENT INFORMATION
SYSTEM
TEAM MEMBERS:
SHASHVAT DESHMUKH
ATHARVA DESHMUKH
AMAR ADITYA ALLURI
ATHARVA TELWANE
SARVESH HATE
COURSE: BBA.LLB(H)
INTRODUCTION
• Strategic planning for MIS is a managerial activity that enhances the working process and
prospects of an organization.
• The preparation of an organization's information system has traditionally been divorced from
the overall strategic planning processes by which the organization plans for its future. The
relation between the organization's "strategy set" and an MIS "strategy set" is conceptualized
and illustrated as an M/S strategic planning mechanism.
STEPS OF STRATEGIC
PLANNING
Step 1: Environmental Scan
Identify Target Market (Customers) and
strengths and limitations with respect to
meeting market needs
Identify the strengths and limitations of Key
Competitors
Identify Key Market Trends and the threats
and opportunities they present
STEPS OF STRATEGIC
PLANNING
Step 2: Organizational
Assessment
Identify the company’s
strengths and limitations at
each level in the Pyramid of
Organizational Development
STEPS OF STRATEGIC
PLANNING
Step 3: Strategic Issue
Resolution
Identify and work to resolve
specific strategic issues –
identified through an analysis
of information collected
about the company’s
environment and internal
capabilities.
STEPS OF STRATEGIC
PLANNING
Step 4: Strategic Business Plan
Specific, measurable results that an
organization wants to or needs to attain
by a specified due date to make progress
in achieving a specific Objective. Goals
should be SMART
Areas of an organization’s operation in
which performance has a critical impact
on the achievement of the overall
Strategic Mission.
STEPS OF STRATEGIC
PLANNING
Step 5: Budgeting
Identifies how financial resources will be
invested to help the organization achieve its
plan.
Involves translating the overall strategic plan
into financial terms. It should be noted that
the development of a strategic plan and
budget is an iterative process – it may be
that an organization will need to adjust its
strategic plan, depending upon the financial
resources available to support it.
Budgeting is the responsibility of an
organization’s “CFO.”
STEPS OF STRATEGIC
PLANNING
Step 6: Management Review
A half- to full-day meeting each quarter
during which management:
Reviews progress being made against
Goals.
Identifies any problems or anticipated
problems with respect to achieving
Goals and develops plans to address
these problems.
Discusses and works to resolve any
other issues that might affect
organizational performance. These
include new opportunities or threats
presented by the market and changes
to the company’s internal operations.
ADVANTAGES OF
STRATEGIC PLANNING
1.Helps formulate better strategies using a logical,
systematic approach:
Strategic planning process itself makes a significant
contribution to improving a company’s overall
performance
2. Enhanced communication between employers and
employees
Communication is crucial to the success of the strategic
planning process. It is initiated through participation and
dialogue among the managers and employees, which
shows their commitment to achieving organizational
goals.
3. Empowers individuals working in the organization
it is important for companies to decentralize the strategic
planning process by involving lower-level managers and
employees throughout the organization
THANK YOU

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MIS Project.pptx

  • 1. MANAGEMENT INFORMATION SYSTEM TEAM MEMBERS: SHASHVAT DESHMUKH ATHARVA DESHMUKH AMAR ADITYA ALLURI ATHARVA TELWANE SARVESH HATE COURSE: BBA.LLB(H)
  • 2. INTRODUCTION • Strategic planning for MIS is a managerial activity that enhances the working process and prospects of an organization. • The preparation of an organization's information system has traditionally been divorced from the overall strategic planning processes by which the organization plans for its future. The relation between the organization's "strategy set" and an MIS "strategy set" is conceptualized and illustrated as an M/S strategic planning mechanism.
  • 3. STEPS OF STRATEGIC PLANNING Step 1: Environmental Scan Identify Target Market (Customers) and strengths and limitations with respect to meeting market needs Identify the strengths and limitations of Key Competitors Identify Key Market Trends and the threats and opportunities they present
  • 4. STEPS OF STRATEGIC PLANNING Step 2: Organizational Assessment Identify the company’s strengths and limitations at each level in the Pyramid of Organizational Development
  • 5. STEPS OF STRATEGIC PLANNING Step 3: Strategic Issue Resolution Identify and work to resolve specific strategic issues – identified through an analysis of information collected about the company’s environment and internal capabilities.
  • 6. STEPS OF STRATEGIC PLANNING Step 4: Strategic Business Plan Specific, measurable results that an organization wants to or needs to attain by a specified due date to make progress in achieving a specific Objective. Goals should be SMART Areas of an organization’s operation in which performance has a critical impact on the achievement of the overall Strategic Mission.
  • 7. STEPS OF STRATEGIC PLANNING Step 5: Budgeting Identifies how financial resources will be invested to help the organization achieve its plan. Involves translating the overall strategic plan into financial terms. It should be noted that the development of a strategic plan and budget is an iterative process – it may be that an organization will need to adjust its strategic plan, depending upon the financial resources available to support it. Budgeting is the responsibility of an organization’s “CFO.”
  • 8. STEPS OF STRATEGIC PLANNING Step 6: Management Review A half- to full-day meeting each quarter during which management: Reviews progress being made against Goals. Identifies any problems or anticipated problems with respect to achieving Goals and develops plans to address these problems. Discusses and works to resolve any other issues that might affect organizational performance. These include new opportunities or threats presented by the market and changes to the company’s internal operations.
  • 9. ADVANTAGES OF STRATEGIC PLANNING 1.Helps formulate better strategies using a logical, systematic approach: Strategic planning process itself makes a significant contribution to improving a company’s overall performance 2. Enhanced communication between employers and employees Communication is crucial to the success of the strategic planning process. It is initiated through participation and dialogue among the managers and employees, which shows their commitment to achieving organizational goals. 3. Empowers individuals working in the organization it is important for companies to decentralize the strategic planning process by involving lower-level managers and employees throughout the organization