Skip to main content

Essentials of a good MIS report



A MIS report is like a transport of information to those who need it. The essentials of a good management reporting or information system are the following:

1. System should yield information required for the evaluation of each manager’s area of responsibility in relation to the goals of the organisation.

2. There should be a proper flow of information. it should originate from the right place and should be transmitted to the proper level of authority where decisions are to be made. Complete and consistent information should flow in the systematic manner.

3. The information required for a decision should be anticipated so that all the relevant data are gathered and made available at the decision point.

4. Information should be communicated in proper form so that management may study it and use it in decision making without any difficulty.

5. The system should ensure furnishing of the information at the proper time, i.e., neither too late nor too late.

6. System should be flexible to meet the requirement of user.

7. There should be a procedure for measuring and matching the cost of obtaining information and the value to be obtained from its user – cost benefit analysis.

8. Report should be presented in simple, unambiguous and clear language- simplicity. The reader should be able to understand the report without any difficulty.

9. There should be a consistency in the presentation of reports. The comparability of reports will be possible only if they are consistent.

Labels:

Comments

Post a Comment

Popular posts from this blog

Inter-Organizational Value Chain

The value chain of   a company is part of over all value chain. The over all competitive advantage of an organization is not just dependent on the quality and efficiency of the company and quality of products but also upon the that of its suppliers and wholesalers and retailers it may use. The analysis of overall supply chain is called the value system. Different parts of the value chain 1.  Supplier     2.  Firm       3.   Channel 4 .   Buyer
Post a Comment
Read more
Advantages and Disadvantages of EIS Advantages of EIS Easy for upper-level executives to use, extensive computer experience is not required in operations Provides timely delivery of company summary information Information that is provided is better understood Filters data for management Improves to tracking information Offers efficiency to decision makers Disadvantages of EIS System dependent Limited functionality, by design Information overload for some managers Benefits hard to quantify High implementation costs System may become slow, large, and hard to manage Need good internal processes for data management May lead to less reliable and less secure data
1 comment
Read more

System Analysis and Design (SAD)

Introduction to System Analysis and Design (SAD) System are created to solve Problems. One can think of the systemsapproch as an organised way of dealing with a problem. In this dynamic world , the subject system analysis and design, mainly deals with the software development activities. This post include:- What is System? What are diffrent Phases of System Development Life Cycle? What are the component of system analysis? What are the component of system designing? What is System? A collection of components that work together to realize some objectives forms a system. Basically there are three major components in every system, namely input, processing and output. In a system the different components are connected with each other and they are interdependent. For example, human body represents a complete natural system. We are also bound by many national systems such as political system, economic system, educational system and so forth. The objective of the system demands tha...
37 comments
Read more