Executive Information System or Executive Support System
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This tutorial on Executive Information System gives you a brief introduction to one of the important ERP Technology. This tutorial covers the following topics: 1. What is EIS? 2. History 3. Why EIS? 4. Features 5. Components 6. Hardware, Software, User Interface 7. Limitations 8. Future of EIS Additional Notes: Application Notes- 1. Manufacturing operational control focuses on day-to-day operations, and the central idea of this process is effectiveness and efficiency. 2. Marketing In an organization, marketing executives’ duty is managing available marketing resources to create a more effective future. For this, they need make judgments about risk and uncertainty of a project and its impact on the company in short term and long term. 3. In an organization, marketing executives’ duty is managing available marketing resources to create a more effective future. For this, they need make judgments about risk and uncertainty of a project and its impact on the company in short term and long term.
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Executive Information System or Executive Support System
- 1. EXECUTIVE INFORMATION SYSTEM OR EXECUTIVE SUPPORT SYSTEM GAURAV SARAWGI 15030122088 SAURAV SINGHANIA 15030122031 SAAD KAZI 15030122096
- 2. What is EIS? ■ An Executive Information System can be defined as a specialized Decision Support System. ■ EIS are intended to be used by the senior managers directly to provide support to non-programmed decisions in strategic management to improve the long-term performance of the organization. ■ These information are often external, unstructured and even uncertain. Exact scope and context of such information is often not known beforehand.
- 4. Examples: External databases Market reports Financial reports and information
- 6. History ■ The term EIS was first coined at MIT in the 1970s. ■ The first EISs were developed by large firms willing to take risks to gain competitive advantage ■ By the mid-1980s several vendors had developed broad customer bases and support for EIS technology continues today
- 7. Why EIS? ■ Time management ■ Improve office automation ■ Easy for upper level executive to use ■ Enhance personal thinking and decision-making ■ Reduce time for finding information ■ Increased communication capacity and quality
- 8. Features
- 9. Components
- 10. HARDWARE ■ Input data-entry devices ■ The central processing unit ■ Data storage files ■ Output devices
- 11. SOFTWARE ■ Text-handling software ■ Heterogeneous databases ■ Graphic base ■ Model base
- 12. USER INTERFACE ■ Scheduled reports ■ Questions/Answers ■ Menu driven ■ Command language ■ Natural language ■ Input / Output
- 15. Limitations ■ Functions are limited ■ Executive may encounter information overload ■ System may become slow ■ Difficult to keep current data ■ May lead to less reliable and insecure data ■ Excessive cost for small company
- 16. Future of EIS The intelligent EIS The multimedia EIS The informed EIS The connected EIS
- 17. ThankYou !
Hinweis der Redaktion
- A decision support system (DSS) is a computerized information system used to support decision-making in an organization or a business. Tell the DSS difference. One vs several and plane example. An EIS is also referred to as Executive Support Systems, or ESS. An EIS is not only for the CEO but for any senior manager or executive making strategic decisions. Senior management is responsible for a number of different tasks within an organization, including defining an overall vision, strategic planning, strategic organizing and staffing, strategic control and crisis management. An EIS is designed to support these various activities. Let's say you are the Chief Executive Officer of a large company. You have 35 locations in 12 countries with 20,000 employees. How do you keep track of everything that is going on in the company? In order for you to be an effective leader, what information are you going to need? You don't have the whole day to read through dozens of reports or listen to a series of presentations. What you need is an Executive Information System.
- Monitor Performance Forecast Spot and analyse performance Track Competitors activities Identify opportunities
- Cambridge : Investement Plan in the ministry of transportation in Canada Meditech: selling information systems for health care organizations. GE executives mission critical information on a real-time basis The Punjab gov installed EIS in 2004 in all its office for better connectivity and speedy disposable of all its work. It saved them Enormus time to collect, compile and communicate information.
- When talking about computer hardware for an EIS environment, we should focus on the hardware that meets the executive’s needs. The executive must be put first and the executive’s needs must be defined before the hardware can be selected. The basic hardware needed for a typical EIS includes four components: Input data-entry devices. These devices allow the executive to enter, verify, and update data immediately The central processing unit (CPU), which is the most important because it controls the other computer system components Data storage files. The executive can use this part to save useful business information, and this part also helps the executive to search historical business information easily Output devices, which provide a visual or permanent record for the executive to save or read. This device refers to the visual output device such as monitor or printer
- Choosing the appropriate software is vital to an effective EIS. Therefore, the software components and how they integrate the data into one system are important. A typical EIS includes four software components: Text-handling software—documents are typically text-based Database—heterogeneous databases on a range of vendor-specific and open computer platforms help executives access both internal and external data Graphic base—graphics can turn volumes of text and statistics into visual information for executives. Typical graphic types are: time series charts, scatter diagrams, maps, motion graphics, sequence charts, and comparison-oriented graphs (i.e., bar charts) Model base—EIS models contain routine and special statistical, financial, and other quantitative analysis
- An EIS must be efficient to retrieve relevant data for decision makers, so the user interface is very important. Several types of interfaces can be available to the EIS structure, such as scheduled reports, questions/answers, menu driven, command language, natural language, and input/output.
- As decentralizing is becoming the current trend in companies, telecommunications will play a pivotal role in networked information systems. Transmitting data from one place to another has become crucial for establishing a reliable network. In addition, telecommunications within an EIS can accelerate the need for access to distributed data.
- EIS helps executives find data according to user-defined criteria. Unlike a traditional management information system presentation, EIS can distinguish between vital and seldom-used data, and track different key critical activities for executives. After realizing its advantages, people have applied EIS in many areas, especially, : Manufacturing operational control focuses on day-to-day operations, and the central idea of this process is effectiveness and efficiency. Marketing In an organization, marketing executives’ duty is managing available marketing resources to create a more effective future. For this, they need make judgments about risk and uncertainty of a project and its impact on the company in short term and long term. To assist marketing executives in making effective marketing decisions, an EIS can be applied. EIS provides sales forecasting, which can allow the market executive to compare sales forecast with past sales. EIS also offers an approach to product price, which is found in venture analysis. The market executive can evaluate pricing as related to competition along with the relationship of product quality with price charged. In summary, EIS software package enables marketing executives to manipulate the data by looking for trends, performing audits of the sales data, and calculating totals, averages, changes, variances, or ratios. Financial analysis is one of the most important steps to companies today. Executives needs to use financial ratios and cash flow analysis to estimate the trends and make capital investment decisions. An EIS integrates planning or budgeting with control of performance reporting, and it can be extremely helpful to finance executives. EIS focuses on financial performance accountability, and recognizes the importance of cost standards and flexible budgeting in developing the quality of information provided for all executive levels.
- 1) advances in AI technology 2) multimedia databases allow future integration of text, voice and image 3) will make wider use of data external to the company 4) Bandwidth communication allows greater interconnectivy