by Dinesh Thakur

The means by which this data driven manager achieves his tasks on reports. Reports convey to the manager the following:

 
by Dinesh Thakur

Resistance to change is a normal human tendency. MIS when implemented, changes a lot of things within the organization. It ushers in a new way of working in the organization. It changes power structures, the way people view their work, changes skill requirements of employees, processes and also the entire organizational culture.

 
by Dinesh Thakur

Even though MIS has many benefits it has its limitations. MIS is sometimes considered a solution for every bane within an organization. While MIS may solve some critical problems but it is not a solution to all problems of an organization. The limitations of MIS may be stated as,

 
by Dinesh Thakur

MIS when properly developed and used in an organization brings in a lot of benefits for the organization. A list of the benefits of MIS for a organization are:

 
by Dinesh Thakur

Management information system is a set of systems which helps management at different levels to take better decisions by providing the necessary information to managers. Management information system is not a monolithic entity but a collection of systems which provide the user with a monolithic feel as far as information delivery, transmission and storage is concerned.



 
by Dinesh Thakur

Management performs several roles within an organization. Even though almost all managers perform multiple roles within an organization, some roles are performed by specific set of managers at certain levels. Before understanding the roles played by the management in an organization we must appreciate that management is the life blood of an organization. Managers get things done efficiently and effectively (mostly by others) thereby adding value to the organization. An organization without managers would have no cohesion, no purpose and no direction. It will simply collapse. Management helps in not only getting things done but also ensures that the organization works towards a common purpose and remains organized in this endeavor. Several management thinkers have dealt with this subject of role of management.

 
by Dinesh Thakur

Management is the invisible force that keeps an organization going by continuously performing the tasks of planning, organizing, controlling and leading. Management plans for the goals and objectives of the organization, organizes men, materials, technology, money and other resources to enable the organization to attain the set goals and objectives, controls activities to ensure that everything goes according to plan and that there is no deviation from it and leads the organization to attain greater achievements. Without management, an organization cannot survive. The issue of management is therefore most important for any organization, business or otherwise.

 
by Dinesh Thakur

Quality of information is an important concept. Information quality is a multi-attribute concept. If the attributes that define quality of information are of good quality or of high value then the information is said to have good quality. The attributes of quality of information are:



 
by Dinesh Thakur

The value of information is a very slippery concept as information per se does not have any universal value. Its value is related to the person who uses it, when he uses it and for what he uses it. Any assessment of the value of information is therefore related to the value of the decision-making supported by such information.



 
by Dinesh Thakur

This issue has been dealt with in each and every MIS text. The reason is that this issue is important from a conceptual standpoint in the study of MIS. The concepts of 'Data', 'Information' and 'Knowledge' are interlinked. In fact, data, information, knowledge and wisdom have been the building blocks of systems thinking and are sometimes referred in literature as DIK hierarchy. Data is raw facts, which is not of much use per se. When this data is processed it becomes information.



 
by Dinesh Thakur

Human beings have known information and its relevance to their existence from the beginning of human civilization. Our instincts and intellect have developed and evolved to take advantage of information. However, we have been unconscious about the role it played in human lives till the early twentieth century.



 
by Dinesh Thakur

Business and business environment have changed dramatically in the last one and a half decades. The transformation has been nothing short of being radical. Concepts and issues that were centre stage a decade back are now irrelevant and have been replaced by new ones.

 
by Dinesh Thakur

Data : Data is raw facts. Data is like raw material. Data does not interrelate and also it does not help in decision making. Data is defined as groups of non-random symbols in the form of text, images, voice representing quantities, action and objects.

 
by Dinesh Thakur

To facilitate the management decision making at all levels of company, the MIS must be integrated. MIS units are company wide. MIS is available for the Top management. The top management of company should play an active role in designing, modifying and maintenance of the total organization wide management information system.



 
by Dinesh Thakur

 Factors Responsible for the development of MIS are numerous and have been a prime concern for many Researchers and Practitioners. Both Inter and external factors must be taken into account when trying to understand and organization’s criteria for deciding about technology. The following are the factors which are responsible for development of MIS :

 
by Dinesh Thakur

(i) Qualified System and Management Staff : The prerequisite of an effective MIS is that it should be managed by qualified officers. These officers should have a mutual understanding about the roles and responsibilities of each other and be understand clearly the view of their fellow officers. For this, each organization should have two categories of officers :

 
by Dinesh Thakur

The main managerial functions are:

 
by Dinesh Thakur

Traditional Marketing: In traditional marketing, more importance is given on selling the product. They start with production and marketing is done while selling and promoting the product to attain sales at profit. In this technique, the existing products are imposed on the market through aggressive selling and promotional pressures.

 
by Dinesh Thakur

A management information system has the following characteristics:



 
by Dinesh Thakur

MIS is set up by an organization with the prime objective to obtain management information to be used by its managers in decision-making. Thus, MIS must perform the following functions in order to meet its objectives.



 
by Dinesh Thakur

Quality of information refers to its fitness for use or its reliability. Some of the attributes of information which influence the quality of information are as follows: