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Management information systems (MIS) use technology to help organizations manage people and make decisions. MIS can evaluate performance, create reports, and collect, organize, process, and analyze information efficiently. MIS departments may also manage technology resources and provide security for computer networks. MIS degrees can lead to careers as business analysts, IT consultants, network administrators, and information systems managers.
Management information systems (MIS) are methods of using technology to help organizations better manage people and make decisions. Managers use management information systems to collect and analyze information about various aspects of the organization, such as personnel, sales, inventory, production or other applicable factors. Management information systems can be used to evaluate the performance of the organization as a whole, of specific departments or even of individuals. Other management systems, such as supply chain management and project management, are often included in management information systems label.
Tool for managers
In many businesses, management information systems are used to create reports on things like sales, revenue, and production. These reports are provided at regular intervals to managers at all levels to help them evaluate the performance of their companies. By comparing the daily, weekly or monthly reports with previous reports, managers are able to spot trends, such as revenue growth or decline.
Prior to the development of MIS computer programs, managers often had to rely on their own observations or assorted reports compiled by hand. MIS technology, however, allows all information to be collected, organised, processed and analyzed more efficiently. In many cases, information is automatically entered into an organization’s MIS programs as it enters the organization’s computer network. For example, as soon as a sale is recorded, the company’s MIS could be updated with that information, allowing a manager to view real-time sales reports if needed. In theory, having up-to-date, accurate, and well-organized information will help managers make better decisions for their organizations.
Information Technology
In some organizations, the Management Information Systems Department is the same as what other organizations might call the Information Technology (IT) Department. In these cases, the MIS department manages information and technology resources for the organization. These types of management information systems also involve all the data and information needed to run the organization, but are more focused on technology for gathering and organizing than generating reports for managers. Providing security for the computer network and the information stored on it is another area of concern for these types of management information systems.
As a field of study
Many colleges and business schools offer MIS degrees. Individuals earning these degrees could pursue careers as business analysts, IT consultants, network administrators, and information systems managers. Some of the qualities of people who are successful in this field include communication skills, problem solving skills, ability to use technology for strategic purposes, ability to think creatively to solve problems, and ability to put one’s ideas into practice .
