Essay On Executive Information System

Executive Information System
Introduction
An executive information system (EIS) is known as a decision support system (DSS) utilized to aid senior supervisors in the decision-making process. It is admitted that, it does this by providing easy admission to significant data. Executive information systems can be used in many various types of establishments to monitor initiative performance as well as to organize prospects and problems. What is more, it provides very rapid access to the appropriate information and also suggests the direct admittance to the different management reports. At the current time, EIS data is available company- or enterprise-wide, enabled by personal computers and workstations on local area networks (LANs). Employees can admit company data to assist decision-making in their individual workplaces and departments. This permits employees to provide relevant information and ideas.
Features of EIS:
• EIS arrange for summary data to enable displaying of business act. This is often accomplished through measures known as ‘Key Performance Indicators’ (KPIs).
• Assists in incorporating the graphic and the text in the same screen, which helps to have a better understanding.
• Assimilate data from a wide diversity of information bases. Endorses learning, which guides to new burdens and enhancement of the existing obedience, which conducts to further learning.
• Last but not least, they afford analysis implements, that permits easy implementation of understanding investigates.
Examples for EIS:
Example 1. Statistics life span controlling. In the world of loading management, an innovative trend is evolving and it is called Information Lifecycle Management (ILM). By and large, ILM is known as an approach for policy-ori...

... middle of paper ...

...al system as the business develops.
Examples for MIS:
Example 1. Bringing an instance it should be noted that mostly managers for lots of reasons use management information systems. Primarily, they utilize MIS for Periodic Scheduled Reports. This customary form of delivering information to supervisors on a regular basis. Characteristic examples of such intervallic reports are daily or weekly sales analysis reports and monthly financial statements.
Example 2. MIS can be utilized not only by supervisors but as well as by sales managers to examine sales analysis reports. This helps enormously to appraise differences in performance among salespeople who sell the same types of products to the same types of customers. What is more those trade executives have a righteous clue of the information about sales results that they require to control sales performance effectually.