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What Is Management Information Systems?

Paper type: Essay
Pages: 3 (598 words)
Categories: Activity, Business, Information Systems, Management, Organization, Other
Downloads: 16
Views: 419

Management Information Systems (MIS) is the study of people, technology, companies and the relationships amongst them. MIS experts assist firms understand optimal benefit from financial investment in workers, devices, and organisation procedures. MIS is a people-oriented field with a focus on service through innovation. If you have an interest in innovation and have the desire to use innovation to improve people’s lives, a degree in MIS may be for you. Organisations utilize info systems at all levels of operation to gather, process and shop information.

Management aggregates and distributes this data in the type of details required to carry out the everyday operations of organisation. Everybody who operates in service, from somebody who foots the bill to the individual who makes employment decisions, uses details systems. A car dealership might use a computer database to track which items sell finest. A retail store might utilize a computer-based info system to sell products over the Internet. In truth, many (if not most) organisations focus on the positioning of MIS with service goals to achieve competitive benefit over other organisations.

MIS professionals produce details systems for data management (i.e., keeping, searching and evaluating data). In addition, they handle numerous information systems to meet the requirements of managers, personnel and clients. By working collaboratively with various members of their work group, along with their clients and customers, MIS experts have the ability to play an essential function in areas such as information security, integration and exchange. As an MIS significant, you will learn to design, execute and use organisation info systems in ingenious ways to increase the effectiveness and efficiency of your company.

The Business Information Value Chain :
Every business has an information value chain, illustrated in Figure 1-3, in which raw information is systematically acquired and then transformed through various stages that add value to that information. The value of an information system to a business, as well as the decision to invest in any new information system, is, in large part, determined by the extent to which the system will lead to better management decisions, more efficient business processes, and higher firm profitability. Although there are other reasons why systems are built, their primary purpose is to contribute to corporate
value.

The business perspective calls attention to the organizational and managerial nature of information systems. An information system represents an organizational and management solution, based on information technology, to a challenge posed by the environment. Every chapter in this book begins with short case study that illustrates this concept. A diagram at the beginning of each chapter illustrates the relationship between a changing business environment and resulting management and organizational decisions to use IT as a solution to challenges generated by the business environment.

Table :Value Chain

To fully understand information systems, a manager must understand the broader organization, management, and information technology dimensions of systems (see Figure 1-4) and their power to provide solutions to challenges and problems in the business environment. We refer to this broader understanding of information systems, which encompasses an understanding of the management and organizational dimensions of systems as well as the technical dimensions of systems, as information systems literacy. Information systems literacy includes a behavioral as well as a technical approach to studying information systems. Computer literacy, in contrast, focuses primarily on knowledge of information technology.

FIGURE 1-4 Information systems are more than computers.
Using information systems
effectively requires an understanding
of the organization,
management, and information
technology shaping the systems.
An information system creates
value for the firm as an organizational
and management solution
to challenges posed by the
environment.

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What Is Management Information Systems?. (2016, Mar 31). Retrieved from https://studymoose.com/what-is-management-information-systems-essay

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