Skip to main content

Intro to Management Information Systems

Areas of Information Systems
Managerial end users need to have a knowledge of five major areas of information systems. They should understand:

  1. Several foundation concepts about information systems and their role in organizations.
  2. how information systems solution can be developed for business problems.
  3. Major concepts and developments in the technology of information systems.
  4. The major applications of information systems to end user activities and business operations and management.
  5. How to meet the major challenges of managing information system resources and activities 

Conceptual Categories of Information systems :

  1. Operations Information systems
  2. Transaction processing systems
  3. Process control systems
  4. Automated office systems
  5. Information reporting systems
  6. Decision Support systems
  7. Executive Information Systems
  8. End user Computing systems
  9. Expert systems
  10. Strategic Information Systems
  11. Business Function Information Systems  
In real world these conceptual classifications are typically combined into integrated information systems which provide information and decision support for managers and also perform traditional data processing activities.


Management Information Systems provide information needed for effective management decision making. This category includes information reporting systems, which provide prespecified information to managers on demand, according to a schedule or on a exception basis. Decision support systems use decision models and specialized databases to provide interactive ad hoc support for specific decisions faced by managers. Executive information systems are MIS systems tailored to the strategic information needs of top management. Expert systems use a knowledge base about a complex application area  and an inference engine program to act as an expert consultant to users. End user computing systems support the direct, hands on use of computers by end users for operational and managerial applications.

Information Systems can play three strategic roles in business organizations. they can help a business improve operational efficiency, promote organizational innovation or build strategic information resources, there by giving it a competitive advantage in its relationships with customers, suppliers, competitors, new entrants and producers of substitute products. Thus , a firm can use information systems to lower costs, improve productivity, develop new products, services , and processes, lock in customers and suppliers and build a strategic information base .

Comments

Popular posts from this blog

RISK in Investments

Investment decisions are a trade off between Risk and Return. Risk refers to the possibility that the actual outcome of an investment will differ from its expected outcome. Most investors are concerned about the actual outcome being less than the expected outcome. The wider the range of possible outcomes,the greater the risk. SOURCES OF RISK The three major sources of risk are: Business Risk Interest Rate Risk Market Risk   Business Risk As a holder of corporate securities (equity shares and debentures) you are exposed to risk of poor business performance. This may be caused by a variety of factors like heightened competition, emergence of new technologies, development of substitute products , shifts in consumer preferences, inadequate supply of essential inputs,changes in governmental policies and so on. The principal reason might be inept and incompetent management. Interest Rate Risk The changes in interest rate have a bearing  on the welfare of investors. As th

8 traits of great Leaders

Very few people start out in life as a leader. Most people who are effective leaders have gone through many trial and errors before learning the basic leadership skills of what makes an effective leader. The comment that leaders are born not made is partially true. However, some techniques can help anyone become an effective leader. What are the traits of an effective leader? Henry David Thoreau once said, “To affect the quality of the Day that is the highest of arts.” 1.       A leaders vision is to shape the lives and transform people into being better than they were. An effective leader has the ability to inspire collaboration versus trying to control people. 2.       They have the ability to persuade others to do what is right compared to having to order people to do what is right. 3.       In addition, leaders get others to commit voluntarily versus committing out of fear or compliance. 4.       These men and women tend to be great thinkers and focus on thi

A note on Motivation

Motivation Theories Motivation- those factors that cause ,channel, and sustain people’s behavior. Motivation is not always easy to discern. Most successful managers ,however, have learned by experience that people are generally very responsive to praise and encouragement-expressed not only in words but also in actions and need to feel successful in their work to give their best effort to the organization. Different View points on Motivation The Traditional Model The traditional model of motivation is associated with Fredrick Taylor and scientific management which held that an important aspect of the manager’s job was to make sure that workers perform repetitive  tasks in the most efficient way. The Human Relations Model In the human relations model, workers were expected to accept management’s authority because supervisors treated them with consideration and were attentive to their needs. The intent of managers ,however remained the same- to have the workers accept