1. Management Systems & Processes
PRASANG AGARWAL

2. 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

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

4. 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

5. 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

6. 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

7. A Closed System Corrective Action Feedback Input Output Process
Control

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

9. 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