Page 53 - DMGT505_MANAGEMENT_INFORMATION_SYSTEM

Management Information Systems

Notes Every market leading enterprise will have at least one core competency – that is, a function they
perform better than their competition. By building an exceptional management information
system into the enterprise it is possible to push out ahead of the competition.

Notes MIS systems provide the tools necessary to gain a better understanding of the
market as well as a better understanding of the enterprise itself.

Self Assessment

Fill in the blanks:

9. Management Information Systems (MIS) is the term given to the discipline focused on the
.......................... of computer systems with the aims and objectives on an organization.
10. By building an exceptional management information system into the .......................... it is
possible to push out ahead of the competition.
11. MIS and business systems are especially useful in the collation of business data and the
production of reports to be used as tools for .................................
3.5 Strategic Information Systems (SIS)

A Strategic Information System (SIS) is a system that helps companies change or otherwise alter
their business strategy and/or structure. It is typically utilized to streamline and quicken the
reaction time to environmental changes and aid it in achieving a competitive advantage.
Key features of the Strategic Information Systems are the following:

 Decision support systems that enable to develop a strategic approach to align Information
Systems (IS) or Information Technologies (IT) with an organization’s business strategies.
 Primarily Enterprise resource planning solutions that integrate/link the business processes
to meet the enterprise objectives for the optimization of the enterprise resources.
 Database systems with the “data mining” capabilities to make the best use of available
corporate information for marketing, production, promotion and innovation. The SIS
systems also facilitate identification of the data collection strategies to help optimize
database marketing opportunities.

 The real-time information Systems that intend to maintain a rapid-response and the quality
indicators.
The Strategic Information Systems (SIS) can give a business a competitive advantage. Strategic
position is recognized by observing competitive indicators. A business with good competitive
indicators is usually in a good competitive position.

 Information Systems can be Strategic (SIS) if they:
 Support the competitive strategy of the firm.
 Change the way a firm competes.

 Change industry structure.
 SIS can provide a competitive advantage.

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