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Features of management information system (mis
Management information system def
Management information system def
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The following proposal has been submitted for review by Riordan Manufacturing, Inc. With the current international move to Hangzhou, China and five year strategic plan to expand operations to Shanghai an upgrade to the current information systems is imperative. Careful consideration has been given to the current systems in place and consensus amongst the Team is that Riordan will greatly benefit from an upgraded Management Information System. Upon review of your growing business and the multiple functional systems currently in place, it is vital that Riordan provide its management team with the tools they will need to be successful now and into the future.
A management information system (MIS) is an information collection and analysis system that facilitates access to program and participant information."(mays.tamu.edu, 2013) This system is usually computerized. Businesses use MIS at all levels of operation to collect, process and store data. Management uses this data in the form of information needed to carry out the daily operations of the business. Everyone who works in business, from someone who pays the bills to the person who makes employment decisions, uses MIS. In fact, many (if not most) companies concentrate on the alignment of MIS with business goals to achieve competitive advantage over other companies. "The major components of the MIS are the database, the model base, and the user interface. The database is used to store important data, the model base has the required statistical models in order to analyze the large amounts of data, and the user interface allows the user of the software to navigate through it and use it with ease."(mays.tamu.edu, 2013)
The implementation of the MIS will help...
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... these concerns. The next issue of focus is on information system security because it is one of the most pressing challenges confronting all present day organizations. Information system security is very critical to the success of business operations. It is essential for us to find effective ways to maintain secure information, avoiding unauthorized access, preventing intrusions, and stopping secret information disclosure.
The importance of a state of the art Management Information System cannot be overlooked. The system will not only allow management to better understand their department's contributions but also allow them to take the appropriate actions necessary to meet customer needs. The proposed system will ensure that Riordan Manufacturing, Inc. not only meets but consistently exceed its strategic and tactical goals within the global business community.
Employee motivation and rewards are effective means to retain employees. When an employee is motivated, his or her needs are being met. When an employee is unmotivated, his or her needs are not being met which results in a high employee attrition rate. Riordan Manufacturing is experiencing a high attrition rate. Riordan Manufacturing has 3 plants and employs 550 people. Recently, Riordan hired Human Capital Consulting to perform an analysis on the underlying issues that are causing the decreasing employee satisfaction and to recommend courses of action that will address the underlying issues. Research has been done to identify the issues and opportunities, the stakeholders and ethical dilemmas, and the end state vision. A gap analysis has also been performed to determine the gap between the current situation and the end state goals. Riordan Manufacturing will use this information to determine the best way to proceed towards improving its working environment for the employees.
Creating an effective IT system, and then aligning it to business objectives, reignited Charles Schwab’s growth. It’s important that other companies do the same to ensure IT success. To do so, companies must emphasize simplicity in the IT plan, outsource capabilities when needed, and then create end-to-end accountability for the system.
Management information system contains of three resources, which are people, information and technology. This helps the company stay up to date with all the changes in the market; it also helps them
Ackoff identifies five assumptions commonly made by designers of management information systems (MIS). With these assumptions, Ackoff argues that these assumptions are in most cases not justified cases, and often lead to major deficiencies in the resulting systems, i.e. "Management Misinformation Systems." To overcome these assumptions and the deficiencies which result from them, Ackoff recommends that management information system should be imbedded in a management control system.
In the business world today, technology is becoming an essential staple. Every big business relies on it one way or another. More importantly than just technology itself, the use of management information systems is what guides a company in terms of catering to its customers and knowing what moves to make next. Management information systems (MIS) can be defined is the study of people, technology, and organizations (What is MIS?). However, that is a very general definition because there is a lot more that comes out of the use of these MIS systems.
The deployment of MIS (management information system) in India was spearheaded by the banks as they felt the most need and drive to implement a MIS (management information system) to better the risk involved in their day-to-day business.
Over time, massive investment has made in its technology and information systems to support the strategy on the belief that information played a vital role for such a decentralization structure. The Management Information and Control System were used in collecting useful information and then disseminating back: all affilates have to input their performance results and revised budgets frequently and receive a full report summarizing comparative statistics by ranking their relative performance in return.
Xerox corporate information management (CIM) unit was established in the early 1970s. In 1987, CIM was moved to the General Services Division and was given the task to “Provide the overall information technology leadership to the company.” The leader of the CIM group quickly realized the task was not possible without significant organizational change. After bringing in consultants to review the Information Management at Xerox, the director of CIM realized the Xerox IM infrastructure could not support the company’s strategic direction. To address the IM problems, CIM started a new initiative, “IM 2000”. The goal of IM 2000 was to move Xerox to a new information systems infrastructure.
The implementation phase of the System Development Life Cycle (SDLC) is the most perplexing and crucial part of the project. Riordan Manufacturing has carefully chosen the stakeholders to ensure implementation of the Human Resources system. Going forward, a decision needs to be made in regards to what departments get the system installed first to last. The first group to use this new HR system will be the Information Technology department, followed by Human Resources. Going in this order will be the most strategic in gaining acceptance and will also train the IT folks how to use it so they can support it the end users. Lastly the remaining departments will have the software pushed to the workstations, one group at a time.
Haag, S., Cummings, M., McCubbrey, D.J. (2005) Management information systems (5th eds). The McGraw-Hill Companies. Retrieved September 8, 2007 from https://ecampus.phoenix.edu/secure/resource/resource.asp
Over recent years companies have become less dependent on paper and more dependent on technology. Take American Honda Motors for example; the Davenport Parts facility recently converted computer systems to more efficiently manage its inventory. Prior to its new system months of preparation was needed in order to ensure a smooth change over. Without the four basic functions of management all working together success would not have been possible.
Information security is a broad topic and one that is essential to the success of every organization, regardless of the industry, and at the heart of it is our most valued resource, the employee. Technology is at the forefront of all our day to day interactions and our employees are constantly burdened with issues that can wreck havoc on their effectiveness. Emotions come into play in every interaction and even physical security must be addressed as part of any program awareness.
As such, information systems inter-relate with data systems on the one hand and activity systems on the other. An information system is a form of communication system in which data represent and are processed as a form of social memory. An information system can also be considered a semi-formal language which supports human decision making and action. Some authors make a clear distinction between information systems, computer systems, and business processes. Information systems typically include an ICT component but are not purely concerned with ICT, focusing instead on the end use of information technology. Information systems are also different from business processes. Information systems help to control the performance of business processes.
Secondly, is integrity which is one of the main areas of accountability regarding information security. Integrity is
Laudon C. & J. Laudon (2003: 5th edition) Essentials of Management Information Systems. London: Prentice Hall International Limited