All stakeholders in the company have access to one single database that holds all the data that will be needed in day to day operations.
Employees and other stakeholders in the organization will be able to spend more time doing productive tasks.
Another benefit of Management Information Systems is that they bring the power of data processing tools that help significantly improve the quality of decisions made in the company.
Owing to the flexibility that is brought by the use of mobile devices such as tablet computers and smartphones, Management Information Systems ensure that employees have easier and closer interaction with information about the progress of any process within the organization
Reports make it easy for companies to easily identify their strengths and weaknesses in carrying out various tasks
From a top executive perspective, Management Information Systems help give an overall impression of where the company stands financially.
MIS helps eliminate redundant roles
System
System is a group of interrelated components working together toward a common goal, by accepting inputs and processing outputs in an organized transformation process.
System Concepts:
Technologies (H/W, S/W and Telecommunication Technology)
Application
Development
Management
Components of System:
Input, Output and Processing
Systems Theory
Systems theory is the interdisciplinary study of systems.
A system is a cohesive conglomeration (collection/ gathering/ assembly/ mass) of interrelated and interdependent parts that is either natural or man-made.
Every system has, its spatial and temporal boundaries, surrounded and influenced (subjective/ partial/ unfair) by its environment, described by its structure and purpose or nature and expressed in its functioning.
The goal of systems theory is systematically discovering a system's dynamics, constraints, conditions and elucidating principles (purpose, measure, methods, tools, etc.) that can be discerned and applied to systems at every level of nesting, and in every field for achieving optimized equifinality