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Writer's pictureDeepak Pande, CFP

Managing Information Systems (MIS)

Information Systems is a set of interconnected components that work in cohesion to gather, process, store and disseminate to support decision making, coordination, analysis, control and depiction in an organisation. Transaction Processing Systems help Junior level; Management Information Systems are used by Middle level Managers; Decision Support Systems aid Senior Management and Executive Information Systems is utilized by Top Management.


Information Technology(IT) is subset of Information Systems. Information system was in existence even when IT was not there. Enterprise Resource Planning (ERP), Computer Aided Design (CAD), Computer Aided Manufacturing (CAM), Systems, Applications & Products (SAP), Customer Relationship Management (CRM) and Human Resource Management (HRM) are all part of Information Technology. CCR model is adopted while finalizing IT requirement that covers Capability, Complementary and Responsibility.


It would be difficult to quantify non-financial benefits while implementing IT solutions. Functional IT covers spreadsheet and word processing applications that streamline individual tasks. Network IT capabilities include email, instant messaging and blogs that helps people communicate with one another. Enterprise IT relates to enterprise wide solutions such as Customer Resource Management and Supply Chain Management. It also recreates interaction between workers or with business partners. Across IT categories there are three tasks before Management namely, IT Selection (comprehending business requirement), IT Adoption (most difficult one) & IT Exploitation (using IT applications for different purposes).


Please keep watching this space for interesting updates on IM & IT.


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