1. MANAGEMENT INFORMATION SYSTEM
INTRODUCTION
EVOLUTION OF MIS
GROWTH OF MIS
FACTORS AFFECTING THE GROWTH OF MIS

2. INTRODUCTION Initially used to process accounting transactions(EDP)
Gradually other transactions and data processing were computerized
EDP began to support management with information
It came to called Computer Based information System or MIS

3. IS generates information from Data
Data in the form of raw material
It subjected to some manipulation to generate Information
Managers need a steady flow of information for effective and efficient functioning

4. EVOLUTION OF MIS IS is as old as recorded human history
It had its fast growth in the last few centuries
Until the last few hundred years ago all business were local and small in operation
A single individual can perform all activities by himself
But when the business grew from local to global , the chief executive of such business has to depend on reports

5. It is not possible to visit all the plants and warehouses by himself
In this case IS is that keep keps him informed of his corporative activities
Such a full-fledged IS requires an organized system
This needs a massive investment also

6. GROWTH OF MIS
MIS as a discipline is a study of generation, storage, communication of information and its impact on people and organization
This is influenced by a no: of other disciplines

7. FACTORS AFFECTING THE GROWTH OF MIS
Growth of management theory
Growth of Management Accounting
Change in Organizational Structure
Development in Management Science
Development in IT
Growth of Internet

8. MANAGEMENT THEORY & MIS
Business management is a profession
Management is the single and most important factor in the business success
Lots of theories have been written about management
Lots of management techniques have been developed to solve management problems
MIS oriented towards achieving managerial goals and objectives

9. MANAGERIAL ACCOUNTING & MIS
Managerial Accounting has a group of tools and techniques for managers to analyze financial data for decision making
It projects trends in cost and prices
It calculates profitability of products
These tools and techniques are widely used in MIS

10. ORGANIZATION STRUCTURE OF MIS
Business growth needs changes in the organization structure
In simple business the sole trader was the sole owner and manger
Later ownership was separated from management
When owner’s managerial skills proved inadequate to mange business they hired managers

11. Several layers of management were created
The transition from single to complex business brought about radical changes in the structure and reporting requirements of organization
Organizations are created for certain purpose
To achieve this goal it requires bringing people together to work

12. If the no: of management layers are more then the complexity is also more
Greater the complexity, greater is the role of MIS
MIS takes care of information flow
It collects data extensively and generate meaningful information for specified end users

13. MANAGEMENT SCIENCE & MIS
Another notable contribution to MIS came from the management science discipline
OR is the application of mathematical and statistical tools ad techniques to business problem solving
OR required file keeping on every significant data and thus reinforced the role of MIS in business management

14. MIS extensively employs Management Science concepts, tools & techniques such as linear programming, inventory modeling, querying theory etc
MIS stores many information so that managers can retrieve this to manipulate them

15. INFORMATION TECHNOLOGY & MIS
Computer is a tool for rapid calculation
It has a massive information storage & retrieval facilities
growth in Computer Technology made modern MIS possible
The speed , accuracy and retrieval facility in computer makes it a pivot in modern MIS
The advance in IT have enabled managers to interact face to face with subordinates or superiors far away through video conference , video phone etc