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    Key Performance Indicator For Mis

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    Pravin Sinha
    MIS should process, store, retrieve, evaluate, and disseminate business data to facilitate planning, decentralization, and coordination. It provides summarized reports to managers and connects decision centers, improving the ability to evaluate performance. For information to be useful, it must be understandable, relevant, and timely to decision makers.

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    Key Performance Indicator For Mis

    Uploaded by

    Pravin Sinha
    43 views2 pages
    MIS should process, store, retrieve, evaluate, and disseminate business data to facilitate planning, decentralization, and coordination. It provides summarized reports to managers and connects decision centers, improving the ability to evaluate performance. For information to be useful, it must be understandable, relevant, and timely to decision makers.

    Original Description:

    KRA for MIS

    Original Title

    Mis

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    MIS should process, store, retrieve, evaluate, and disseminate business data to facilitate planning, decentralization, and coordination. It provides summarized reports to managers and connects decision centers, improving the ability to evaluate performance. For information to be useful, it must be understandable, relevant, and timely to decision makers.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    43 views2 pages

    Key Performance Indicator For Mis

    Uploaded by

    Pravin Sinha
    MIS should process, store, retrieve, evaluate, and disseminate business data to facilitate planning, decentralization, and coordination. It provides summarized reports to managers and connects decision centers, improving the ability to evaluate performance. For information to be useful, it must be understandable, relevant, and timely to decision makers.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    KEY PERFORMANCE INDICATOR FOR MIS

    The primary goal of computer based information systems should be the


    processing of data generated by business operations. MIS
    should
    assemble, process , store , Retrieve , evaluate and Disseminate the
    information.
    MIS should facilitate planning : MIS improves the quality of plans by
    providing relevant information for sound decision making. MIS change the
    larger amount of data in to summarized form and thus avoids the
    confusion which may arise when managers are flooded with detailed facts
    MIS should encourages decentralization: Decentralization of authority is
    possibly when there is a system for monitoring operations at lower levels
    MIS should bring Co -ordination: MIS facilities integration of specialized
    activities by keeping each department aware of the problem and
    requirements of other departments. It connects all decision centers in the
    organization
    MIS should make control easier : MIS serves as a link between managerial
    planning and control. It improves the ability of management to evaluate
    and improve performance
    MIS is a reporting tool that should provides quick access to summarized
    reports coming from all levels and departments. Some of the reports are:
    1.
    2.
    3.
    4.

    Scheduled reports
    Key indicator report
    On Demand report
    Exception reports

    The information presented should be understandable: Since information is


    already in a summarized form, it must be understood by the receiver so
    that he will interpret it correctly
    The information presented should be relevant: Information is good only if
    it is relevant. This means that it should be pertinent and meaningful to the
    decision maker and should be in his area of responsibility.

    Information should be Timely: Information must be delivered at the right time


    and the right place to the right person. Premature information can become
    obsolete or be forgotten by the time it is actually needed.

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