IS for Policy Formulation
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This document provides an overview of information systems for policy formulation. It discusses how information systems differ from information technology and provide key functions like collecting, processing, storing, and disseminating data to support management decision making. The document also outlines different types of information systems, how management information systems obtain data from transaction processing systems, and the impact of management information systems in making management more efficient and helping organizations monitor results.
IS for Policy Formulation
- 1. Understanding Information System for Policy Formulation Presented By: S M Ariful Islam Head, Project Management Division
- 2. MDG (2000-2015) SDG (2015-2030)
- 3. Information Systems Information Technology INFORMATION is a common word IS VS IT 3G/4G Internet Telecom Operators Mobile Applications Shopping Fooding Transport Daily life Digital Centers 5200+ centers Digital services Innovation
- 4. Why we don’t have right information?
- 5. How much salary you got?
- 8. Information System Data Information Knowledge Practice/Learning Legal Issue IS IT (20%) Process (40%) People (40%) GAP
- 12. Business Process BPR (Business Process Reengineering) SPS (Service Process Simplification) Innovation
- 13. PEOPLE
- 16. MANAGING CHANGES
- 17. MANAGING CHANGES
- 18. IMPLEMENTING IS: CONSIDERABLE FACTORS Manageme nt Vision Acceptanc e Readiness Implementa tion Monitoring
- 19. PEOPLE: STEPS OF CHANGE MANAGEMENT ❑Base line ❑Legal reform ❑Mobilization •Awareness •Training •Incentives •Punishment Monitoring & Evaluation
- 21. MIS - Definition and Concept Right Information To the right person At the right place At the right time In the right form At the right cost The three sub-components Management, Information and System - together bring out the focus clearly & effectively. System emphasizing a fair degree of integration and a holistic view; Information stressing on processed data in the context in which it is used by end users; Management focusing on the ultimate use of such information systems for managerial decision making.
- 22. A management information system (MIS) is system of collecting, processing, storing, disseminating and utilizing data in the form of information needed to carry out the functions of management. Today, the term is used broadly in a number of contexts and includes (but is not limited to): ■ Decision support systems, ■ Resource and people management applications, ■ Enterprise Resource Planning (ERP), ■ Supply Chain Management (SCM), ■ Customer Relationship Management (CRM), ■ project management and database retrieval applications
- 24. Management Information System • Operational-level systems support operational managers by keeping track of the elementary activities and transactions of the organization, such as sales, receipts, cash deposits, payroll, credit decisions, and the flow of materials in a factory. • Management-level systems serve the monitoring, controlling, decision-making, and administrative activities of middle managers. The principal question addressed by such systems is this: Are things working well? • Strategic-level systems help senior management tackle and address strategic issues and long-term trends, both in the firm and in the external environment.
- 25. Difference between MIS and IS The terms MIS and IS are often confused. IS may include systems that are not intended for decision making. In effect, MIS must not only indicate how things are going, but why they are not going as well as planned where that is the case • Information system applied to management context is called MIS. IS can be applied to any area of business while MIS is applicable for managerial decision-making. • IS means use of hardware and software for any business. MIS can be used in any form - even manual reports, which aid decision-making • MIS is used to analyze other information systems applied in operational activities in the organization. • MIS summarize and report on the company’s basic operations. The basic transaction data from TPS are compressed and reported
- 26. How MIS Obtain Data from TPS: How MIS Obtain their Data from the Organization’s TPS: In the system illustrated by this diagram, three TPS supply summarized transaction data to the MIS reporting system at the end of the time period. Managers gain access to the organizational data through the MIS, which provides them with the appropriate reports.
- 27. Impact of MIS • Management of marketing, finance, production and personnel becomes more efficient, the tracking and monitoring becomes easy • Helps in understanding of business itself, MIS begins with definition of data and its attributes – uses data dictionary and brings common understanding of terms and terminology in organization • MIS calls for systemization of business operations – leads to streamlining of operations, brings discipline in its operations everyone is required to follow • Since the goals of MIS are driven from organization goals, it helps indirectly pulling everyone in organization towards corporate goals by providing relevant information to the people in organization • MIS helps to monitor results and performances • MIS provides alerts, in some cases daily, to managers at each level of the organization, on all deviations between results and pre-established objectives and budgets. • IT enabled MIS is partly responsible for the PARADIGM shift (A change, a new model,) from support to contributing to an organizations profitability
- 28. Thank You