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    The Evolution and Characteristics of MIS

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    surafel amare
    Management information systems have evolved from early transaction processing systems in the 1950s-1960s to more advanced decision support and executive information systems today. Over time, MIS shifted from simply capturing data to generating analytical reports and helping management make informed decisions. Key developments included the introduction of decision support systems in 1970-1980 that provided historical and external market data, and later enterprise resource planning systems in 1990-2000 that integrated previously separate systems to improve efficiency.

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    The Evolution and Characteristics of MIS

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    surafel amare
    277 views2 pages
    Management information systems have evolved from early transaction processing systems in the 1950s-1960s to more advanced decision support and executive information systems today. Over time, MIS shifted from simply capturing data to generating analytical reports and helping management make informed decisions. Key developments included the introduction of decision support systems in 1970-1980 that provided historical and external market data, and later enterprise resource planning systems in 1990-2000 that integrated previously separate systems to improve efficiency.

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    The Evolution and characteristics of MIS

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    Management information systems have evolved from early transaction processing systems in the 1950s-1960s to more advanced decision support and executive information systems today. Over time, MIS shifted from simply capturing data to generating analytical reports and helping management make informed decisions. Key developments included the introduction of decision support systems in 1970-1980 that provided historical and external market data, and later enterprise resource planning systems in 1990-2000 that integrated previously separate systems to improve efficiency.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    277 views2 pages

    The Evolution and Characteristics of MIS

    Uploaded by

    surafel amare
    Management information systems have evolved from early transaction processing systems in the 1950s-1960s to more advanced decision support and executive information systems today. Over time, MIS shifted from simply capturing data to generating analytical reports and helping management make informed decisions. Key developments included the introduction of decision support systems in 1970-1980 that provided historical and external market data, and later enterprise resource planning systems in 1990-2000 that integrated previously separate systems to improve efficiency.

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    The Evolution of Management Information Systems (MIS)

    A management information system (MIS) is a computer system that gathers data from multiple business
    systems, analyzes the information, and provides reports that help guide management in decision-
    making.

    MIS started as a data capturing and processing system and evolved into a more complex and intelligent
    system. Here’s how MIS evolved through the years.

    1950-1960: Electronic Data Processing (EDP)

    Electronic Data Processing (EDP) systems, also called Transaction Processing Systems (TPS), were
    groundbreaking at the time. It was the first large-scale computer information system to centralize and
    process day-to-day transactions and activities such as cash deposits, ATM transactions, and payment
    orders. Shifting from manual to electronic made transaction processing and record-keeping a much
    faster process.

    1960-1970: Management Information Systems (MIS)

    It wasn’t long before the EDP system was upgraded to a Management Information System (MIS) that
    was able to generate reports from the data it collected. MIS pulled reports from historical data to
    determine cost trends, do a sales analysis, keep track of inventory, and measure production
    performance.

    When managers evaluated the information in these reports, they could see which areas of the business
    were underperforming and adjust decisions accordingly.

    1970-1980: Decision Support Systems (DSS)

    Decision Support System (DSS) provided historical and ad hoc reports on both internal and external
    information. For example, internal sales reports and external market pricing.

    This advancement brought a new level of decision-making to businesses. Management could more
    accurately forecast sales, perform a risk analysis, and make bolder strategic decisions.

    It was during this era that personal computers entered the workplace. PCs were connected to the main
    server so information became accessible to employees throughout the company. This led to a significant
    boost in productivity.

    With this came the need for expert skills to manage these computer networks. Information technology
    (IT) soon became a burgeoning career and a degree in Management Information Systems became
    sought after.

    1980-1990: Executive Information Systems (EIS)


    As PCs put power in the hands of executives, they could purchase software tailored to their
    department’s needs, such as accounting, project management, and HR systems. It resulted in multiple
    systems within an organization working independently.

    This led to Executive Information Systems (EIS), a more refined version of the DSS system. It allowed
    executives to analyze their department’s output and how it impacted the business’s overall
    performance.

    1990-2000: Enterprise Resource Management (ERP) Systems

    Multiple information systems that were not integrated resulted in employees wasting time duplicating
    information across systems. MIS had to become efficient.

    It did that by creating Enterprise Resource Management (ERP) systems that integrated knowledge
    management systems and expert systems.

    Knowledge-based systems organize and disseminate business knowledge within an organization.


    Example: placing a best practices resource on the intranet.

    Expert systems started to use artificial intelligence to provide advice and solutions. Example: proposing
    faster delivery routes or assessing risk profiles for credit applications.

    Following are the characteristics of MIS:

    System Approach.

    Management Oriented.

    Need-Based.

    Exception Based.

    Future Oriented.

    Integrated.

    Long Term Planning.

    Sub-System Concept.

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