Management Information System in India
Management Information System in India
organization.
In present competitive global business environment, there is significant pressure on most to make
their operational strategic and tactical, processes more effective and efficient. The management
information system is a collection of components which can boost competitiveness and grab
better information for decision making in organization. Due to these positive points numbers of
organizations have chosen to apply this assembly to their associations. Subsequently, the
organizations decide to implement Information system in order to improve the organizations
microfinance. The management Information systems have become a major function area of
business administration. The information system plays a major part in the e-commerce and
business operations, enterprise collaboration, and strategic success of the business operation. The
management information system provides several benefits to the organization, the means quick
and reliable referencing, improves the departmental techniques and obtain better means of
effective and efficient coordination between departments in office.
Being a part of great change and working in information age, every managers have to integrate
masses of data, convert that data into information, from assumptions about that information and
make choices leading to the accomplishment of corporate goals. In any organization a key
element that creating data is not just a matter of processing material. It depends on manipulating
the explicit and implied information which contains in sights, intuitions and familiarities of
entities and making them accessible for testing and use by the association as a whole.
Information should be achieved within the context where it matters the most. IS becomes a
management information system (MIS) when it is applied to improve management by directors
of the organization. This system can increase the performance of the management (Ein-Dor and
Segev 1978). MIS is a collection of man powers, tools, procedures and software to perform
various business tasks at various levels in the organization. This system has three basic levels:
operational, middle management and top management where the information is passed from
bottom to top (Tripathi, 2011). Moreover, MIS is one of the important functions of management
which plays an important role in providing information that is required for crucial decision
making which directly affects the performance of the organization (Murthy, 2006).
Past studies on the implementation of MIS in an organization.
What are the diverse types of decisions, and how does the decision-making process work?
Business intelligence and business analytics promise to deliver accurate, nearly real-time
information to decision makers, and the diagnostic tools help them quickly understand the data
and take action. Business intelligence environment consists of information from the business
environment, the Business intelligence infrastructure, a Business analytics toolset, managerial
users and approaches, Business Intelligence delivery platform. There are six logical
functionalities that BI systems deliver to accomplish these ends: predefined production reports,
parameter-driven reports, dashboards and scorecards, ad hoc queries and searches, the ability to
drill down, and the ability to model scenarios and create forecasts.
What is the role of information systems in helping people working in a group make decisions
more efficiently?
The group decision support systems help people working together in a group arrive at decisions
more efficiently. GDSS feature special meeting area facilities where applicants contribute their
ideas using networked processers and software tools for organizing ideas, making and setting
priorities, gathering information and documenting meeting sessions.
The operational and middle management are generally charged with monitoring the performance
of their firm. The most of the decisions organization make are properly organized. Management
Information System creating routine manufacture reports are typically used to support decision
making. To make proper unstructured decisions, middle managers and analysts will use DSS
with influential analytics and modelling tools, including databases and pivot tables. Senior
executives making formless decisions use dashboards and visual borders to display key
performance information affecting the overall profitability, success, and strategy of the firm.
Composed scorecard and business performance management are two methodologies used in
designing ESS.
At what extent information systems support the activities of managers and management decision
making?
Early standard models of managerial activities pressure the functions of planning, organizing,
coordinating, deciding, and controlling. Modern research looking at the actual behavior of
managers has found that managers’ real activities are extremely fragmented, variegated, and
brief in period and that managers shy away from making striking, sweeping policy decisions.
Data technology provides fresh tools for managers to carry out both traditional and fresher
management roles, supporting them to monitor, plan, and forecast with more precision and speed
than ever before and to respond further rapidly to the changing business environment.
Information systems have been most supportive to superiors by providing support for their roles
in disseminating information, providing liaisons between organizational levels, and allocating
resources. Though, these systems are less successful at supporting formless decisions. Where
information systems are useful, information quality, management filters, and administrative
culture can cut down the decision making.
Depending on association deployment, tradition and extraneous factors, some drawbacks related
to Management Information Systems can come to the fore. Allocation of budgets for
Management information system upgrades, modifications and other revisions can be quite tricky
at times. If budgets are not allocated uniformly or as per instant requirements, key functionalities
might get effected and benefits might not be realized consistently. Integration issues with legacy
systems can affect the quality of production.
Management information systems have transformed the dynamics of present businesses
efficiently. Regionalization is one of the biggest advantages; it permits monitoring of operations
at low levels and frees up resources for departmental managers to dedicate time to strategic
activities. Coordination of particular projects and activities is much better and decision makers in
the organization are alert of issues and problems in all departments. Another advantage of
Management information system is that it minimizes information overload, which can be quite
common with predictable businesses in the modern period.
Technology skills and system quickly become obsolete. Conceptions and theory have a much
extended shelf life. MIS use sensibly sophisticated information hardware and software
technologies, so you need computing and software knowledge to understand such systems and
new management skills. In addition, you need technology skills because you may need to
provide input to hardware and software choices fresh skills for the formation of new ideas. At a
minimum in today’s business environment, you need to be able to operate all the technical as
well as managerial operation. The business environment is rapidly varying. In addition, we need
to master software products, advance managerial skill relevant to your business. In some
situations, we may develop small-scale cost-estimating applications in Excel or a product
Reports. There is a growing need for “end user” development of small-scale MIS and preparation
of special decision support studies for the quality business skills.
1) References
2) Roy S B and Agarwal A K.(1991). "Information Technology: A Tool for Rural
Development," in Goyal M L, op cit., pp 116-125
3) Report of Working Group on MIS in Central Ministries (1985-90). Planning
Commission, GOI, New Delhi.
4) Lucey, T.,1997. Management Information System. London
5) Adebayo FA (2007). Management Information System for Managers. AdoEkiti:
Green Line Publishers.
6) Merriam, S. B. (2009) Qualitative Research: a guide to design and implementation.
San Francisco, CA: Jossey-Bass.
7) Murthy, C. S. V. (2006) Management information systems. Mumbai, Himalaya
Publishing House.
8) Management Information Systems article on http://wikipedia.com
9) Kroenke, D. M. (2007) Using MIS (2nd ed.). Upper Saddle River, New Jersey,
Pearson Prentice Hall. Kotler, Ph. and Armstrong, G. ( 2008), Principles of
Marketing, 12th, Ed, Pearson, Prentice-Hall. Upper Saddle River, New Jersey, NJ.
10) Mahadeo Jaiswal, Monika Mital, Management Information Systems, Oxford
University Press. Kumar, P. K. (2006). Information System—Decision Making.
IndianMBA. Retrieved October 2, 2010 from
http://www.indianmba.com/Faculty_Column/FC307/fc307.html
11) Allen, B., Heurtebise, A., & Turnbull, J. (2010). Improving Information Access.
Business Management US. Retrieved October 2, 2010 from
http://www.busmanagement.com/article/Improving-information-access.
12) Ahituv, N., Neumann, S., & Riley, H. N. (1994). Principles of information systems
for management (4th ed.). Dubuque, IA: Wm. C. Brown Communications.
13) Barkhi, R., Jacob, V. S., & Pirkul, H. (2004, May). The Influence of Communication
Mode and Incentive Structure on GDSS Process and Outcomes. Decision Support
Systems, 37 (2), 287-305.