Management information system (economy)

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As a management information system ( FIS ) (English executive information system , EIS ) or management support systems ( MUS ) are those information systems in the economy that provide information on all issues relating to the company or organization (both internal and external) Sources) collect, process and make available to the management in a suitable form ( management- adequate ). FIS emerged from reporting and primarily relate to personnel content , i.e. questions about the number of employees, their key figures and the rational use of employees. The costs incurred by each employee can also be read off.

Important properties of these systems include the ability to view data both cumulatively and in detail, as well as to be able to view them from different perspectives.

Example: The FIS could be accessed via the sales data, which is summed up over the entire year and listed for the individual divisions. The manager can now follow the data down to a certain day and thus explore information about seasonal relationships, as well as choose a different form of observation - for example, broken down by sales or cost center representative. Time recording in the office is also part of the FIS .

In addition to the passive search for decision-relevant information, early warning systems are increasingly coming to the fore, which are designed according to the push paradigm and inform management of special facts or conspicuous data constellations.

The basis of an FIS is data mining or the data warehouse .

Functions

A management information system fulfills the following functions:

  • Exception reporting : Deviations from the target status are indicated at an early stage. This is done on the basis of critical success factors using colored markings.
  • Drill-down : data can be called up to the operational database. Compression levels and detailed information can be freely selected.
  • Navigation : Orientation aids are displayed in the data view.
  • Messages : Provision of internal and external company messages.
  • Trend analysis : The temporal course of data is processed in order to be able to draw conclusions about future values. This applies to item sales or market shares, for example.
  • Notes : The documents of the management information system can be provided with personal notes.