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Identifying the information that is needed for effective decision making in organizations Developing information systems to satisfy those needs
What is MIS?
In other words.. MIS is using technology to create business value.
MIS
TECHNOLOGY
Managerial Levels
Senior managers: long-range strategic decisions about products and services Middle managers: Carry out the programs and plans of senior management Operational managers: monitor the firms daily activities
IS and Technology
Hardware, software, databases, networks and other related components Computers and other technologies are used to build information systems What technology should be used?
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Finance / Accounting
Human Resource
Cross Functional
Dr. S. Loizidou ACSC345 11
Widening Scope of IS
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MIS Characteristics:
System approach
Takes Comprehensive view in the light of its objective
Management oriented
Top down approach followed Derived from the overall business objectives
Need based
Caters to info needs at different levels
Exception based
Exception based reporting principle
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Futuristic
On the basis of projections
Integrated
Blends info from several operational areas
Central database
Let subsystems access the master data
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MIS Functions:
Data capturing Processing of data Storage Retrieval Dissemination of MI finished product of MIS
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