Download - Executive Supportive System
A Reporting Tool
Executive Support System[ESS]
Presented By:- Sadhish.k.Jain
• Executive support systems are intended to be used by the senior managers directly to provide support to non-programmed decisions in strategic management.
• These information are often external, unstructured and even uncertain. Exact scope and context of such information is often not known beforehand.
Introduction
Components
Hardware Software
Telecommunication User Interface
• Market intelligence
• Investment intelligence
• Technology intelligence
This information is intelligence based:
• External databases
• Technology reports like patent records etc.
• Technical reports from consultants
• Market reports
• Confidential information about competitors
• Speculative information like market conditions
• Government policies
• Financial reports and information
Examples of Intelligent Information
Features of Executive Information System
• Increased executive time horizons.
• Better reporting system
• Improved mental model of business executive
• Help improve consensus building and communication
• Improve office automation
• Reduce time for finding information
• Early identification of company performance
• Easy for upper level executive to use
• Ability to analyse trends
• Augmentation of managers' leadership capabilities
• Enhance personal thinking and decision-making
• Contribution to strategic control flexibility
• Enhance organizational competitiveness in the market place
• Instruments of change
Advantages of ESS
• Functions are limited
• Hard to quantify benefits
• 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
Disadvantage
• The Executive Support System for the company’s evaluation based on the statistical analysis of the balance sheet records which the companies must send to The Ministry of Finance.
Sitirating:-
• To the financial institutions (Stock Markets, Brokerage companies), commercial and investment banks, investment funds. These institutions can easily and rapidly obtain reports of estimated evaluation for the risks their clients are exposed.
• To middle sized and large companies which can easily get:
• a rating and prognosis report of its own development.
• a rating report of the activity report they are part of.
• To the foreign investors that want to begin partnerships with Romanian companies.
• To the investors or creditors wanting to transaction debts on a secondary market of debts.
To whom is SITIRATING addressed?
• Calculation of the discount coefficient for the debt on the secondary debt market.
• Two companies’ simultaneous simulation
• Rating reports simulation
• Prognosis simulation regarding the business plan
• Written reports and graphs resulted from the analysis of the company’s financial records or the studied activity sector.
•
• Evaluation of the company’s development trend.
• Evaluation of the development trend on activity sectors.
• Evaluation of the Financial Capacity.
• Evaluation of the resources’ administration (financial, human).
• Risks evaluation (Operational, Financial, of Credit).
What does the system provide?
• Loading data :
• Searching the company ;
• Loading data in order to identify the company ;
• Loading data- balance sheet of the company ;
• Viewing the loaded balance sheets ;
• Loading data on an external support ;
• Changing data :
• Searching the company ;
Functions:
As markets become highly competitive, the ability to react quickly and decisively is more critical than ever. Selecting, developing and implementing Decision Support Systems, Executive Information System and Executive Support System are complex and challenging tasks. The presented SITIRATING solutions ensure the availability of business-critical information in real time.
Conclusion