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Information
• Stands for Processed Data.
System
• A system means co-related components
which works together for a same goal.
Management
• Is the ultimate user, manager, CEO and
the decision makers.
Information
Information, in ISM, means the processed data that helps the
management in planning, controlling and operations.
Data means all the facts arising out of the operations of the concern.
Data is processed i.e. recorded, summarized, compared and finally
presented to the management in the form of ISM report.
Inactive Active
(only exists in the backend) (being processed data for knowledge base)
To ensure effective & efficient decision making leading to prosperity of the organization.
Characteristics of Perfect Information
Relevant
Accurate
Complete
Understandable
Management
Thus ISM means a system for processing data in order to give proper information to the management for
performing its functions properly and decision making.
In simple words, ISM provides information in forms of reports and displays to managers and other
professionals which helps in decision making.
Comprises processed data (information), necessary for making management decisions and generally
gives output in the form of tables, matrix, reports, dashboards, graphs, trends, etc for logical and analytical
comparisons.
Difference Between ISM and Computerized IS
The most of the people think and suppose that a Management Information
System and a Computer Information System both are the same concept but
there is a little bit difference in both concepts:
The basic difference between ISM and CIS is the source of the information.
Difference Between ISM and Computerized IS
Constant Change
In information era there is fast change of technology and IT skill. Many organizations
start new services and new products, so there is need to introduce the users to these
services. For all these kind of work we need ISM.
Web Service
Now it is time to digitalization and internet. The whole information is available on net or in
digital form by most of the organization so if any organization proves itself they should
provide information in latest form and in web form with help of ISM.
Importance Of Information System Management
Shortage of Time
Every user or information seeker has shortage of time and they collect their required information
short spell of time because they save their time for more work and research their related field,
department etc.
User Expectations
It is time of fast track so every user need their information 24/7. So it very important for an
organization or information manager that the information which is given should be latest, fast
and easy to use for information seekers.
Basic Objectives of ISM
1. Capturing Data
2. Processing Data
3. Information Storage
4. Information Retrieval
5. Information Propagation
Basic Objectives of ISM
1. Capturing Data
• From various internal and external sources of organization.
• Will contribute in decision making
2. Processing Data
• The captured data is processed into information needed for planning, controlling and operating functionalities
at different levels of management.
• Processing Data Means:
• Making Calculations With The Data
• Sorting Data
• Classifying Data
• Summarizing Data
Basic Objectives of ISM
3. Information Storage
• Information or processed data need to be stored for future use.
4. Information Retrieval:
• The system should be able to retrieve this information from the storage as and when required by various users.
5. Information Propagation
• Information or the finished product of the ISM should be circulated to its users periodically using the organizational
network.
Characteristics of ISM
6. Although the ISM is an integrated, complete system, it should be made in such a flexible
way that it could be easily split into smaller sub-systems as and when required.
7. A central database is the backbone of a well-built ISM.
Characteristics of Computerized ISM
1. It should be able to process data accurately and with high speed.
2. It should be able to collect, organize, manipulate, and update large amount of data coming from various
3. It should provide real time information on ongoing events without any delay.
4. It should support various output formats and follow latest rules and regulations in practice.
5. It should provide organized and relevant information for all levels of management: strategic management,