1. Free Powerpoint Templates

2. Information is Critical
“The information we have
is not what we want,”
“The information we want
is not the information we need,”
“The information we need
is not available.”
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3. Information is a Resource
 It is scarce
It has a cost
It has alternative uses
There is an opportunity cost factor involved
if one does not process information.
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4. What is MIS?
Right Information
To the right person
At the right place
At the right time
In the right form
At the right cost
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5. Management
Information Systems
DEFINITIO (MIS)
N:-
Management Information Systems (MIS) is a system designed to
supply information required for effective management of an
organization.
A formal structure, generally computerized, for collecting and
analyzing information relevant to an organization's operations.

6. Management Information System
The three sub-components
Management, Information and System
-together bring out the focus clearly & effectively.
 System emphasizing a fair degree of integration and
a holistic view;
 Information stressing on processed data in the context
in which it is used by end users;
 Management focusing on the ultimate use of such
information systems for managerial decision making.

7.  Management Information System (M.I.S.) is basically
concerned with processing data into information. which is
then communicated to the various Departments in an
organization for appropriate decision-making.
Data Information Communication Decisions
 Information systems are designed to provide managers with
information that can be utilized to make better and more
timely decisions.

8. The objects of MIS
 To make the desired information available in the right form to
the right person and at the right time.
 To supply the required information at a reasonable cost.
 To use the most efficient methods of processing data.
 To provide necessary security & the secrecy for important
and/or confidential information.
 To keep the information up-to-date.

9. Advantages of MIS
 the means of effective and efficient coordination between
Departments
 quick and reliable referencing
 access to relevant data and documents
 use of less labor
 improvement in organizational and departmental
techniques
 management of day-to-day activities (as accounts, stock
control, payroll etc.);
 day-to-day assistance in a Department and closer contact
with the rest of the organization.

10. Features of MIS
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On Time
As required yet dynamic
Crisp yet detailed
Accurate
Consistent
Comprehensive
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11. The Concept of MIS
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12. Outputs of a
Management Information System
Scheduled reports
Produced periodically, or on a schedule (daily, weekly,
monthly)
 Key-indicator report
Summarizes the previous day’s critical activities
Typically available at the beginning of each day
 Demand report
Gives certain information at a manager’s request
 Exception report
Automatically produced when a situation is unusual or
requires management action

13. Internet
Functional Aspects
An Organization’s
MIS
Business Financial
transactions MIS Drill down reports
Databases Exception reports
of
Accounting Demand reports
valid
Transaction MIS
transactions Key-indicator reports
processing
systems Scheduled reports
Marketing
MIS
Business Databases
transactions of Etc.
external
Human
data
Resources
MIS
Extranet Etc. Figure 9.3
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14. Why MIS?
It’s Role . . . .
Increased Business & Management
Complexities
 Technological Revolution
 Research & Development
 Explosion of Information
 Management Science Technologies
 Decision-making
 Onset of Computers
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15. Functional Uses of MIS
 Enhzance :
 Quality of our operations
 Quality of our services
 We achieve :
 Efficiency
 Transparency
 Speedy Decision making
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16. Organizational Systems & MIS

17. Typical MIS Systems
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18. Management Information
Systems
Levels of Management:
In order to understand who the users of an
MIS are and what information they
need, one must first understand the levels
of management and the types of decisions
are made at each level.
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19. 19
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20. Levels of management
– 1. Lower level management makes decisions
that affect day to day operations.
• Programmed decisions that are predetermined by
rules and procedures. They lead to a desired
result.
• The information needs of lower-level mgrs. can be
met by administrative data processing activities.
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21. Levels of management
– 2. Middle-level mgrs. plan working capital,
schedule production, formulate budgets, and
make short-term forecasts.
• Mid-level managers make tactical decisions that
usually involve time periods of up to two years.
• Many Mid-level mgmt decisions are non-
programmed decisions. No specific predetermined
steps cab be followed to each solution.
• The information needs of Mid-level mgrs. must be
specific.
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22. Levels of management
– 3. Top-level mgrs. provide direction for the
company by planning for the next five years .
• Top-level mgrs. make strategic decisions
that involve a great deal of uncertainty.
• Top-level mgt. decisions are non-
programmed decisions.
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23. Thank You
“Doubt is better than Over-confidence”
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