executive information systems by smita krishna

8/2/2019 Executive Information Systems By Smita Krishna

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By Smita Krishna Patil

ME COMPUTER


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Most Frequently Asked Question

Q) 2 a

For 10 Marks


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INTRODUCTION FEATURES of an EIS COMPONENTS characteristics of EIS ADVANTAGES AND DISADVANTAGES APPLICATIONS Traditional EIS Software CONCLUSION


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Is a set of Management tools.

Combines many features of Management

Information System (MIS) and Decision Support

System (DSS).

Focus was on meeting the strategic information

needs of top management.

Goal was to provide top executives with immediateand easy access to information about a firms critical

succeess factors (CSFs)


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2 types

- DATA DRIVEN & MODEL DRIVEN

Widely used by managers, analysts and other

knowledge workers.

Example

-Executive of a retail store chain consider factors

such as its e-commerce vs. traditional sales result


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Sometimes called Everyones Information

Systems.

Alternative names are Enterprise Information

System (EIS) and Executive Support System (ESS).

More features such as Web browsing, electronic

mail, groupware tools and DSS, Expert system

capabilities, are added to many systems to make

them more useful to managers and business

professionals.


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Information is presented in forms tailored tothe preferences of the executives using thesystem.

E.g. use of GUI and Graphics display EIS include exception reporting and trend

analysis.

Ability to drill down. Internet and Intranet technologies had added

Web browsing to the list of EIS capabilities.


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Hardware

Software

Interface

Telecommunication


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The basic computer hardware needed for atypical EIS includes four components:

1. Input data-entry devices

2. The central processing unit (CPU)

3. Data storage files

4. Output devices

In addition, with the advent of local areanetworks (LAN).


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The basic software needed for a typical EISincludes four components:

1. Text base software

2. Database

3. Graphic base

4. Model base


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Very important to retrieve relevant data for decisionmakers

Several types such as, scheduled reports,questions/answers, menu driven, command

language, natural language, and input/output. It is crucial that the interface must fit the decision

makers decision-making style

Simple to use and highly flexible, providingconsistent performance, reflecting the executivesworld, and containing help information.


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Play a pivotal role in networked informationsystems.

Transmitting data from one place to another.

Telecommunications within an EIS canaccelerate the need for access to distributed data.


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Drill down

Critical success Factors (CSF)

Status access

Analysis Exception reporting

Colors and audio

Navigation of information

Communication


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ADVANTAGES

ANDDISADVANTAGES


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System dependent Limited functionality, by design

Information overload for some managers

Benefits hard to quantify High implementation costs

System may become slow, large, and hard tomanage


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Need good internal processes for datamanagement

May lead to less reliable and less secure data

Difficult to keep current data Small companies may encounter excessive

costs for implementation

Too detailed Oriented


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Manufacturing

Marketing

Financial


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Manufacturing operational control focuses on day-to-day operations.

EIS provides the evaluation of vendors and buyers,the evaluation of purchased materials and parts,

and analysis of critical purchasing areas. Therefore, the executive can oversee and review

purchasing operations effectively with EIS.

EIS also provides an approach to improve

production planning and control.


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In an organization, marketing executives role is tocreate the future.

EIS provides an approach to sales forecasting,product price.

EIS software package enables marketing executivesto manipulate the data by looking for trends,performing audits of the sales data, and calculatingtotals, averages, changes, variances, or ratios.

All of these sales analysis functions help marketingexecutives to make final decisions.


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An EIS is a responsibility-oriented approachthat integrates planning or budgeting withcontrol of performance reporting.

EIS focuses on accountability of financial

performance. enables executives to focus more on the long-

term basis of current year and beyond

EIS is a good tool to help the executive to

review financial ratios, highlight financialtrends and analyze a companys performanceand its competitors.


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1. Major Commercial EIS Software Vendors

Comshare Inc. (www.comshare.com)

Pilot Software Inc. (www.pilotsw.com)

2. Development Tools In-house components

Comshare Commander tools

Pilot Softwares Command Center Plus and PilotDecision Support Suite


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3. Data access

4. Data warehousing

5. OLAP

6. Multidimensional analysis

7. Presentations

8. Web


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Executive Support System (ESS)

Enterprise Information System


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Comprehensive support system that goesbeyond EIS to include

Communications

Office automation Analysis support

Intelligence


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Corporate-wide system Provides holistic information

Form a corporate view

Part of enterprise resource planning (ERP)systems

For business intelligence

Leading up to enterprise information

portals and knowledge managementsystems


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Executive Information Systems meet the needsof corporate executives by providing them withvast amounts of information quickly and in

graphical form to help them make effectivedecisions.

EIS must be flexible, easy to use, and containboth internal and external sources of

information.


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THANK YOU!!!

executive information systems by smita krishna

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