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Topic : MIS & Business
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Created by : Smita Dalvi, Sales/BD Manager, Hewlett-Packard  | 05 25 2010 06:40:17 +0000
Industry : IT ProductsFunctional Area : MIS(Others)
Activity:  347 views;  last activity : 11 07 2010 19:46:06 +0000

Technology advances have increased both the availability and volume of information management and the directors have available for both planning and decision making.

Correspondingly, technology also increases the potential for inaccurate reporting and flawed decision making. Because data can be extracted from many financial and transaction systems, appropriate control procedures must be set up to ensure that information is correct and relevant.

So, can MIS be entirely trusted??

 
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Top Argument
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Now a days many organisations are completely depended on the MIS for every single work. MIS helps to maximize productivity by reducing time & effort. So, to some extent I think MIS can be trusted.

Moreover sever & more complex decisions are taken by the MIS & organizations rely on the system for the solutions.


By Smita Dalvi, Sales/BD Manager, Hewlett-Packard  05 25 2010 06:42:36 +0000
 
Top Argument
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Ideally we have to follow MIS when there is no other system available. And MIS is not always 100% true. We need a DSS thru automation which can show real time reports to various management levels and hence making decision making faster with minimal chances of fraud! 

 

 


By Satwinder Singh, Program Manager, Confidential  05 25 2010 07:46:26 +0000
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Lack of proper MIS or ignoring the avaiable MIS is the reason for most of the ills we see in Government departments and Public services.

A typical example is the failure being experienced in collection, storage, its condition and distribution of food grains under PDS.

Rains and flood are natural occurances happen in every monsoon. Why there are no routine pre-monsoon precautions initiated by  concerned government departments? Why information regarding condition of stored food grains, inadequacy of storage spaces, delay in distribution and uptake at end points etc., are not known to the departmental heads and concerned Minister's offices?

Why day to day information about the food grains getting damaged due to shortage of storage, positon and delay in distribution are not known to the Ministers, until media rakes up these issues. 

Are not there any Management Information Systems in place in these government departments?  It is high time the IT ministries in the Centre and States look into these and take necessary steps to implement and make use of the right sort of MIS in every Government establishments. 


By P. Abraham Paul, MD FCOMNET  | 09 14 2010 06:40:29 +0000
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MIS should be trusted as it is the crux of key data on the basis of which important decisons are taken by Management.The utility of MIS is increased in case of ''Realtime MIS'' however in case of post mortem MIS reports.The data has to be understood in the light of circumstances prevailing at the time info was gathered.Further needlesss to mention MIS would yield proper results only when correct and proper links/interfaces have been established.Missing any linkcs would render MIS useless.


By Pranav Avinash Chitre, Manager-Financial Planning Controlling and Budgeting, Linde Engineering India Private Limited  | 09 13 2010 11:58:58 +0000
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Yes. MIS can be trusted but we need to be sure proper checks are in place and maximum automation is done to avoid any flow. There is also one more thing that is data on which MIS depends and data is something that can be presented in many ways all depend on approach. For some glass is half empty and for some glass is half full. MIS is a management tool, if you have trust in your management, you must have trust in your MIS.


By Madan Lal, Lead Assistant Manager, EXL Services  | 06 05 2010 19:54:26 +0000
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Software applications play a significant role in providing critical services that are essential to the

smooth functioning of our daily lives, responsible for providing the basic call management, it has provided capabilities over traditional PSTN network infrastructure with near perfect Reliability, for several decades, and the society now takes for granted these basic capabilities. For the IMS system to be widely adopted and in fact preferred over the traditional PSTN. IMS offers these basic capabilities with similar levels of reliability. Most important step in ensuring reliable operation of the IMS is a systematic analysis of its reliability. Such analysis should consider customer usage patterns, reliabilities of its components and its architecture. While the analysis should undoubtedly provide an estimate of the IMS reliability, the primary objective of such analysis should be to facilitate an assessment of the sensitivity of the IMS.


By Soorain Vahie, Freelancer, Consulting  | 05 26 2010 07:33:24 +0000
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Yes, unless it is manipulated.

MIS should not be treated as just another routine operational function.

Its quick analysis and timely corrective action should happen whenever there is deviation from desired results.

However, there is a tendency in some organisations to spend more time for MIS generation, periodic compilation and its analysis at the cost of productive worktime, especially where these had to done manually. 

With computerisation, situation has changed and we have now very effective MIS tools for every organisation so that most of it can work tranasparently and generate reports needed at various levels of the management without little human intervention.


By Abraham Paul, Senior Telecom Consultant, FCOMNET- Future Groups  | 05 25 2010 09:21:13 +0000
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The degree to which Management Information Systems can be trusted is directly proportional to the care and accuracy WITH WHICH IT IS DESIGNED. It must be capable of providing accurate and timely and adequate information based on which strategic and tactical decision making can enabled.


By RAMESH KANDADAI, Principal Consultant, ARM Consultants  | 05 25 2010 08:40:50 +0000
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I agree with "Some Extent". Management Information System is only a support system and can be used as "Indicators" for performance tracking or follow up of project etc. But decisions to infulence the busienss functions, especially on difficult situations are more based on experience, duly backed up by historical data - In some cases, based on the prevailing situations a management decision can be even with out the MIS data support. Hence one should be clear that MIS is only a supporting tool to help decide and should not be depended completely.
By S Balaji, Head/VP/GM-Corporate Planning/Strategy Telekonnectors Limited  | 05 25 2010 07:20:56 +0000
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i agree to the words of Mr. Nilesh, the MIS can be manupulated also. the facts & results which we get through cannot be trusted completly.


By ASHOK KUMAR. K, Branch Manager/Regional Manager, OMAN TRADING ESTABLISHMENT  | 11 07 2010 19:46:06 +0000
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MIS is just a step to understand vital statistics.  It doesn't factor in the human element of management which is most important.  All numbers can be managed very nicely to be made attractive.  For example - can MIS track honesty?? Good management cannot be delivered just by statistics from information systems.  Also however watertight mapping system you put in place again there is enough good human brains to play around it. 


By Rijo Stephen Cletus, Business Analyst / Consultant for IT, Hospitals and Healthcare Sector  | 09 13 2010 18:14:28 +0000
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In entirety...NO!

MIS is only a tool to extract certain information based on set/predefined rules.  The rules can well be flaunted with.  

Many/All companies manipulate the actual info extracted/received from MIS when it is to be presented to the outsiders.  In-spite of having tools, the core part of MIS which is to be used for DSS is managed in spreadsheets, which are prepared, managed & located on PC/laptops sighting various reasons of secrecy, security, personal goals, etc.  Information managed in such fashion, will ever be trustworthy?

The basic MIS (which is mostly used by internal lower-middle mgmt users) can be trusted, only if the organisation is fully e-enabled.


By Nilesh Jain, Project Manager, A Leading Media/Telecom Co.  | 05 26 2010 08:25:23 +0000
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Inaccurate reporting can lead to flawed decision-making and planning. MIS typically extracts data from many different financial and transaction systems running on various computer platforms, which can often lead to inaccurate and inconsistent reports unless appropriate control procedures are in place. Even if the information is accurate, the predefined reports generated by MIS may not always anticipate the information needs of individual managers at all times; or the correct information is not available when needed, or is simply hard to access. Because of these deficiencies in MIS, managers are increasingly turning to interactive decision support systems to obtain the information they need for planning and control.
By preeti sachdeva, Trainee Project Engineer  | 05 25 2010 07:21:37 +0000
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