The importance of management information systems wb adeoti-adekeye library department, university of ilorin, ilorin, nigeria should rank in importance with the organization’s personnel, material and financial resources in an organizational equipment that processes it and the system that employs it in summary, therefore, the key. Management information systems 319 managed to ensure its cost-effective use it is an ingredient that is vital to good management and if properly managed, should rank in importance with the. An effective management information system identifies and collect data on all the important metrics of the operations of a company for example, the mis provides data on sales, customer profitability and on the degree of market penetration.
Management information systems is of paramount importance to reach effective decisions in an organization the literatures presented in this study explained the significant role of mis in the decision-making process enhancing in an organization. An overview of management information system definition of mis: • management and organization theory • computer science mis for strategic and policy planning and information systems management, data administration, etc 5 b processing functions: 1.
An efficient information system creates an impact on the organization's function, performance, and productivity nowadays, information system and information technology have become a vital part of any successful business and is regarded as a major functional area like any other functional areas such as marketing, finance, production and human resources, etc.
An effective management information system identifies and collect data on all the important metrics of the operations of a company for example, the mis provides data on sales, customer.
The importance of information systems print reference this in order to discuss the importance of information systems for an organization, the fundamental concepts like what is information, how it can be managed must be acknowledged to illustrate the use and importance of a management information system in organizational performance. “data management is the development, execution and supervision of plans, policies, programs and practices that control, protect, deliver and enhance the value of data and information assets” 1. To increase the information system's effectiveness, you can either add more data to make the information more accurate or use the information in new ways communication systems part of management is gathering and distributing information, and information systems can make this process more efficient by allowing managers to communicate rapidly.
It is important to note that information management and information systems are the means not the end of the process both are the powerful tools in the hand of management, which when deployed appropriately can bring dramatic change in the way an organization perform and achieve its objectives.
Management information systems (mis) is the key factor to facilitate and attain efficient decision making in an organization this research explores the extent to which management information systems implemented to make successful decisions at two selected financial organizations the research.