Management Systems & Processes PRASANG AGARWAL

Objectives: At the end of the session you will be able to: to develop familiarity with various types of systems and processes involved in managing an organisation to understand the concept of a system and learn what the management information system is to develop an understanding about the necessity of each managerial process and its logical sequencing in relation to the other processes & to identify the major elements of each process

Scope We shall be covering the foll. Topics: The Systems Concept Management Information System Management Processes Planning Controlling Organising, Motivating and Leading & Decision-making

The Systems Concept A system is defined as a sum total of individuals but inter-related parts (sub-systems), and are put together according to a specific scheme or plan, to achieve the pre-stated objectives

A system has the following components: A number of parts of sub-systems which when put together in a specific manner form a whole system Boundaries within which it exists A specific goal or goals. This goal is expressed in terms of an output which is achieved by receiving input and processing it to form the output Close inter-relationship and inter-dependency amongst the various sub-systems

Types of systems: A system can be biological (human body), physical (machine) or social (commercial organisations, voluntary bodies, etc.). It can be closed or open

A Closed System Corrective Action Feedback Input Output Process Control

An Open System Environment Corrective Action Feedback Input Output Process Targets Environment

Management Information System Management Information System (MIS) refers to that system by which information is collected, processed and presented to management to help it in making better decisions. An effective MIS should be: Timely Accurate Relevant