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Chapter 1a Intro_to_MIS

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10 views10 pages

Chapter 1a Intro_to_MIS

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mistytahmina
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Management Information Systems

• Course Code: BUS528


• Title of the Course: Management Information Systems
• MBA Program – Fall 2024

Md. Lutfor Rahman


Adjunct Faculty
MBA/EMBA Program
Brac University
Course Expectations and Goals

• Learning Objectives:
- Understand fundamentals, tools, and applications of MIS

• Skills Acquired:
- Analysis, decision-making, and strategic use of information
systems

• Participation:
- Discussions, case studies, practical exercises
Agenda

• 1. What is Management Information Systems?

• 2. The Role of MIS in Modern Organizations

• 3. Core Components of MIS

• 4. Types of MIS

• 5. Strategic Importance of MIS

• 6. Real-World Examples

• 7. Course Expectations and Goals


What is Information Management Systems
(MIS)?
• Management Information Systems (MIS) are systems that support
organizational decision-making, resource management, and operations by
collecting, processing, storing, and analyzing data to provide meaningful
insights.

• Key Characteristics:
• - Integration of Technology and Business
• - Data-Driven Decision-Making
• - Scalability and Flexibility

• Functions and Applications:


• - Data Collection
• - Data Processing
• - Information Sharing
• - Reporting and Monitoring
The Role of MIS in Modern Organizations

• Overview:
• MIS aids in data collection, management, analysis, and delivery of critical
insights.

• Key Roles:
• - Enhances decision-making
• - Increases operational efficiency
• - Supports strategic planning
• - Improves communication and data integration
Core Components of MIS
1. People:
- Examples: Database administrators, IT support, end-users (e.g., sales
teams using CRM software)

2. Processes:
- Examples: Data entry workflows, inventory management, data approval
processes

3. Technology:
- Examples: Servers, ERP systems, cloud network infrastructure

4. Data:
- Examples: Customer data, sales and financial data, operational data

5. Procedures and Controls:


- Examples: Role-based access, SOPs, compliance checks
Types of MIS

1. Transaction Processing Systems (TPS): Manages day-to-day


transactions

2. Management Support Systems (MSS/MIS): Provides reports and


summaries for middle management

3. Decision Support Systems (DSS): Supports complex decision-making


through data analysis

4. Executive Information Systems (EIS): High-level data summaries for


executives
Strategic Importance of MIS

1. Competitive Advantage:
- Drives innovation, cost reduction, customer service

2. Data-Driven Decision-Making:
- Empowers timely, fact-based decisions

3. Risk Management:
- Helps identify and mitigate organizational risks
Real-World Examples of MIS in Action
1. Square Pharma:
- Uses MIS for inventory, customer recommendations, and logistics

2. Biman Bangladesh:
- Flight scheduling and crew assignments

3. Brac Bank:
- Fraud detection, customer analytics, personalized services
Summary & Questions

• Recap:
- MIS fundamentals, role, and types

• Q&A:
- Open floor for student questions

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