Management information system….


The management information system is a computerized information system that provides a manager with a single, systematic source of data for decision making. Management uses the data to make decisions, plan and control operations, develop human resources, and lead organizational change. In simple terms the MIS is the way an organization monitors its own performance against goals. It can be applied to any organization from business to government agencies or charitable organizations – in short, it’s an efficient way for organizations to help themselves meet their potential.

To effectively manage information requires a comprehensive approach to information resources, processes, data collection and analysis, decision making, dissemination of information to the users of information resources. The MIS provides managers with the capability to capture all types of data for decision making by providing access to integrated systems. The management information system is an indispensable tool in the management toolbox.

The management information system is pervasive. It is the source for day to day critical operations and decisions. The history of the business and management disciplines indicate that there has been a continuous effort to improve efficiency and effectiveness.

The MIS enables organizations to make better use of their available resources. Today, the cost of information technology (IT) is rapidly escalating and there are few organizational constraints on expenditure on IT “goodies”. The need for IT systems in many organizations remains high and may increase in light of emerging business and technological trends. At the same time, organizations’ budgets are being squeezed because of cost containment initiatives such as corporate savings plans, acquisition freezes or cutbacks.

The MIS is a framework for information management, which incorporates an organization’s information resources, processes, data collection and processing activities, decision making systems and dissemination of information to the users. To manage effectively, an organization must have a comprehensive approach to information resources, processes, data collection and analysis management systems (including decision making), dissemination of information to the user of information resources. An MIS is an indispensable tool in the management toolbox.

The management information system, in its broadest sense, is an indispensable part of the overall strategic planning process. Business strategies are implemented by components of the management information system (MIS). The MIS is pervasive in an organization’s operations and control systems. It provides managers with information in order to improve efficiency and effectiveness. It also ensures that all activities in the organization support its business strategy statement.

In a broad sense, the MIS is pervasive in an organization’s activities. It is the source for day to day critical operations and decision making. The management information system has been important throughout history in that it enables organizations to make better use of their available resources. Today, the cost of information technology continues to escalate and there are few organizational constraints on expenditure on IT ‘goodies’. As a consequence, there remains a need for IT systems in most organizations and this need is likely to increase in light of emerging business and technological trends such as competition from low cost producers (currently prevalent in developing countries such as India), new product development (e.g., biotechnology), changing competitive business models (e.g. virtual corporations), and environmental concerns.

In its broadest sense, the MIS is an Information System that provides managers with a single, systematic source of data for decision making. Management uses the data to make decisions, plan and control operations, develop human resources, and lead organizational change. In simple terms, the MIS is a way for organizations to monitor their own performance against goals. It can be applied to any organization from business to government agencies or charitable organizations – in short it’s an efficient way for organizations to help themselves meet their potential.

MIS can define a strategy of information system design for an organization in order to support its business strategy based on the needs of internal users and external stakeholders. The approach used to develop a management information system demands a comprehensive approach to information resources, processes, data collection and analysis, decision making and dissemination of information to the users.

To effectively manage information requires a comprehensive approach to information resources, processes, data collection and processing activities, decision making systems and dissemination of information to the users. The MIS provides managers with the capability to capture all types of data for decision making by providing access to integrated systems. The MIS is an indispensable tool in the management toolbox.

One of the most critical tasks for any organization is its ability to make decisions concerning how it will use its resources. In particular decisions must be made concerning how scarce resources will be allocated among competing needs. In addition, the need to control the use of these resources must be considered. For example, consider a college President who must decide how many students should be admitted to undergraduate programs each year. In addition, he must decide which programs will receive funding and which will not. In cases such as this the MIS is a very important tool. The President’s administrative assistant can use a computer system to make a list of all applicants and compare them against academic standards and available space in various programs. The system provides an automated way to prioritize students by academic program and supports decisions concerning space allocation by students. In addition, the President’s administrative assistant can generate an estimated cost for each student from a table of demographic data that is available in the system.

In many organizations, especially those that have been around for a while, the MIS is a very important tool. Throughout history there has been a continuous effort to improve efficiency and effectiveness of the organization. Consider a company in business for over 100 years. The management of human resources has probably been a critical component of this effort. Today, many companies have sophisticated hiring and placement systems based on computerized records of their employee histories.

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