MIS & Business
Tags :
MIS, management information system, IT, information system, organizational efficiency, IT services,MIS & Business,
Industry :
All Industries, IT Products, IT Services
Functional Area : Project Management, Quality Management, Business Processes, Change Management, Innovation |
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At the start, in businesses and other organizations, internal reporting was made manually and only periodically, as a by-product of the accounting system and with some additional statistic(s), and gave limited and delayed information on management performance. Previously, data had to be separated individually by the people as per the requirement and necessity of the organization. Later, data was distinguished from information, and instead of the collection of mass of data, important, and to the point data that is needed by the organization was stored.

But when MIS came into implementation everything changed.......what was the change we all have seen it.
So, lets discuss more on this interesting subject...which looks simple but actually is not!!

So, lets discuss more on this interesting subject...which looks simple but actually is not!!
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Srinivas suravajhala
| Added idea
"MIS is more of DSS"
| 2 years ago
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MIS utility is basically as a Decision Support System. For a manager to take a prudent decision, the supporting programmes will have to be build. In this process different support systems for different hierarchies will have to be built. MIS built...
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Akash
| Supported idea
"Enhance communication among employees."
| 2 years ago
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I agree with Leena. Communication is the main objective of MIS. Communication at all levels of the organisation.
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Abraham Paul
| Supported idea
"DECISION SUPPORT SYSTEM"
| 2 years ago
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MIS as the term implies is mostly a manager's 'Decision Support System' as rightly explained by Mr. Nitin. Usually there are many statistics generated in the organisation. Most of which are useful at operation and finance manager...
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Yes
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No
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ASHOK KUMAR. K
| Argues in support of
"No"
| 2 years ago
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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.
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P. Abraham Paul
| Argues in support of
"Yes"
| 2 years ago
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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...
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Satwinder Singh
| Argues in support of
"No"
| 2 years ago
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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...
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Smitha Krishna
| Added idea
"Training on the various aspects of the Organization"
| 2 years ago
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The last but definitely not the least attribute.... "Relevance" is the most important aspect if the system has to be usable. Coz relevance has to do with the purpose of the system,... in other words the 'use'. So if this aspect is in place, and...
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Neelam Mishra
| Added idea
"Develop culture of system ownership"
| 2 years ago
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The development of sound MIS is the result of the development and enforcement of a culture of system ownership. An "owner" is a system user who knows current customer and constituent needs and also has budget authority to fund new projects....
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(rate this)
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Yes
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8
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0
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No
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INDER KRISHEN WALI
| Argues in support of
"Yes"
| 2 years ago
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MIS is the backbone of effective and proficient Management systems.
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(rate this)
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Yes
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1
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0
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No
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ashok
| Argues in support of
"Yes"
| 2 years ago
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GOD BLESS U DEAR.. Pl check my web–profile with details of my services and experiences http://www.webconsultantindia.com I am working as web consultant for many companies.. If you have webdesign agency from your location .Here I can work on your...
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puneet
| Supported idea
"Wrong Decision"
| 2 years ago
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you have a point that MIS should have an alternative so that negative impact if any may be removed.
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Dhiren Gala Gala
| Added idea
"MIS fails, but for technology"
| 2 years ago
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Management Information Systems (MIS) is the application of information technology to support business decision making activities. Because businesses are rapidly changing, there is a growing demand for graduates who have the analytical skills and...
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RAMESH KANDADAI
| Supported idea
"Wrong Decision"
| 2 years ago
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Wrong data in MIS leads to wrong decisions., These wrong decisions usually lead to BOTH short term and Long term errors in planning. This is because what is short term and what is long term are usually linked by the vision and the mission of the...
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Jitena Kumar Rawat
| Answered
| 5 years ago
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The complexity of running a bank is not something that any single person would consider taking on .. a multi-million £££ MIS / CRM systems industry exists that offers solutions in this field ... and banks are required to follow so many Goverment...
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Activity:
0 referals
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2 comments,
224 views
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Nicholas Carr's article "IT Doesn't Matter" (Harvard Business Review, May 2003) challenges the value proposition for IT. He argues that as companies become more dependent on IT for their day-to-day operations, so the emphasis switches to managing availability, reliability and security. As such, businesses should manage IT as a commodity. Do you subscribe to the Carr view? Do you align IT with the business in a purely supportive role? But innovations within IT continue to create possibilities and options for businesses that did not exist before. But where IT engages the business, pro actively and as an equal, companies will be able to continue to deliver strategic advantage through IT. The following will be useful in assessing the level of business engagement: - to whom does the IT function report in your business? For example, the Board (where the CIO/IT director is a Board member), the CEO (who has a business development focus), the COO (who has a business operations focus) or the...
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Activity:
177 referals
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16 comments,
210 views
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What Indian Business Education don’t provide for the Environment. Value generated and transacted in Business is the hallmark and pillar of the skill generated from a Business education. A business when it sell products in India, they don’t worry about the affordability of their wares by the masses let alone functionality which may be part of it. A business incurs around 40% of fixed cost component along with may be 30% variable cost and probably the rest as ‘conversion cost’. What Business education teach us and what is followed in Efficient economies is they fix a breakeven point say 100 units of sale. These 100 units will provide the years cost incurred. After this point they will start giving discounts say 10% or so, so that more of products will move at lowered costs. If products are priced far above these three costs then the demand will subside and the production line will stagnate even for normal production. Two things are required in the environment for this process to...
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Activity:
0 referals
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1 comments,
336 views
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Q4 Construction/Contracting SBRB Industry Report: Construction, Contracting Business Owners Expect Economy to Improve Throughout the Next 12 Months Small Business Research Board Study Indicates Construction, Contracting Business Owners Are Satisfied With Principal Lenders BUFFALO GROVE, IL--(Marketwire - March 9, 2009) - Owners of construction and contracting businesses have an improved outlook for the general economy during the next 12 months as the Small Business Research Board (SBRB) said its Small Business Confidence Index (SBCI) increased slightly during the fourth quarter. The construction and contracting industry reported an SBCI of 34 during the fourth quarter, a three point increase from the 31 recorded during the second quarter of 2008, according to the study co-sponsored by IPA. The fourth quarter 2008 SBCI is set at 36 and is six points above the indicator's historical low of 30 recorded during the second quarter of 2008. The current industry SBCI is three points higher...
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Activity:
3 referals
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3 comments,
1089 views
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Many companies are turning to a new kind of enterprise resource planning software. This new model is much more affordable, provides faster return on investment, is easier to implement across an enterprise, provides superior connectivity and is highly configurable. Browser-based, open-source ERP applications hold many advantages over the traditional legacy based software systems of the past. They are easier to modify and customize, for one. This ease of configurability opens up the door to agility - changing the software system to take advantage of new opportunities or changes in the market for optimal positioning. The software can change as quickly as the company can. This new type of ERP is not "open source" in the usual sense of the term. The meaning of open source for this type of application is that the source code is modifiable, but not available to the general public. It is modifiable by the provider or the individual buyer. This is advantageous to buyers with IT resources...
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