06-02-2013, 12:59 PM
Management Information Systems: A Framework
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IMPORTANCE OF MIS
It goes without saying that all managerial functions are performed through decisionmaking
for taking rational decision, timely and reliable information is essential and is
procured through a logical and well-structured method of information collecting,
processing and disseminating to decision-makers. Such a method in the field of
management is widely known as Management Information Systems (MIS).
In today’s world of ever-increasing complexities of business as well as
management, every business organisation, in order to service and grow, must have a
properly planned, analysed, designed and maintained MIS so that it provides timely,
reliable and useful information to enable the management to take speedy and rational
decisions.
MIS-Why?
A basic question that comes to one’s mind is why should one study MIS? It may
be a student aspiring to become a manager, a manager working in some organisation,
an entrepreneur or a professional. Nowadays, information systems E information
technology have become a vital component of any successful business and is area
just like any other functional areas of a business organisation like finance, production
and human resources, Thus it is important to understand the area of information
systems just like any other functional area in business. Further information
technologies including Internet-based information systems, play and increasingly
important role in organisation.
MIS - What you need to know?
Another important question is what one needs to know on this subject to be
competent enough to manage the hardware, software, data network resources of a
business and apply that knowledge for the strategic success of the organisation.
The field of information systems encompasses many complex technologies,
behavioural concepts and a large number of specialised applications in business and
non-business areas.
MANAGEMENT INFORMATION SYSTEMS: A CONCEPT
The term MIS is of recent origin. But it does not mean that organisations were
doing without such a system. In fact, MIS has been in existence since the advent of
business organisations. Until recently, MIS occupied the status that oxygen did before
Lavoisier’s discovery of the gas- it was both vital and unrecognised. However,
business as well as management happened to the simple in yesteryears.
Whereas today both have grown to unprecedented levels of complexity. Also as
has already been mentioned, with the advent of computers and communication
technology, it has now become possible to transmit large amounts of information
across long distances cheaply and without loss of time. Thus, environmental pressures
have necessitated that information be considered as a fifth important resource along
with the traditional four resources of money, materials, men and machines. In fact,
some management researehers have gone as far as to define a manager as a transducer
that transfers information to decision. Thus, there is no denying the fact that MIS,
though was very much in use since the start of the first business organisation, it
remained manual, , very simple and unrecognised, whereas today, it has got a greatly
refined nomenclature, along with a well-designed computer-based structure, which
follows the systems approach.