the management of mis

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    The ManagementThe Managementofof

    Managerial Information SystemManagerial Information System

    .onathan Ceasar D.onathan Ceasar DSantosantos

    -BA Olivares College-BA Olivares Collegeanagement Informationanagement InformationSystemystem

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    1.The Chief Information Officer

    2.Responsibilities and Role of CEO3.Strategic MIS Management

    4.Project Selection

    5.Pricing Products

    6.Budgeting

    7.Evaluating MIS Function

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    The Chief Information OfficerThe Chief Information Officer

    - The chief informationofficer (CIO) is a job title for

    the board level head ofinformation technology withinan organization.

    http://en.wikipedia.org/wiki/Information_technologyhttp://en.wikipedia.org/wiki/Information_technology
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    CIO's Top 10 concernsCIO's Top 10 concerns

    People leadership

    Managing budgets

    Business alignment Infrastructure

    Refresh

    Security

    Compliance

    Resource

    management Managing customers

    Managing change

    Board politics

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    Data centers

    Technical service centers Production scheduling functions

    Help desks

    Communication networks (voice and data)

    Computer program development Computer systems operations

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    What is a CEO?What is a CEO?

    Is (usually) the singularorganizational position that is

    primarily responsible to carry outthe strategic plans and policiesas established by the board of

    directors.

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    Responsibilities of CEOResponsibilities of CEO

    Develop a strategic plan toadvance the company's

    mission and objectives and topromote revenue, profitability,and growth as anorganization.

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    Role of CEORole of CEO

    General Operations

    Financial Issues

    Liabilities / Risks / Time Bombs

    Regulatory / Legal / Litigation

    Product lines / Marketing / Sales /Distribution

    Personnel Issues

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    Role of CEORole of CEO

    IPO / Merger / Acquisition /Disposition / Dissolution

    General / Administrative

    Stockholder Status / Investor Relations

    The Next Steps

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    Project SelectionProject Selection

    a process for awarding

    grants to existing or potentialpartner organizations toimplement projects.

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    Criteria for SelectionCriteria for Selection

    relevance to the NGO/CBOsupport providers (NSP)

    programme objectives andpriorities

    geographical coverage

    suitability of approach

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    Criteria for SelectionCriteria for Selection

    appropriateness of budget

    feasibility

    potential impact

    epidemiological relevance.

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    Pricing ProductsPricing Products

    To establish a selling price

    for a product.

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    Basic Rules of PricingBasic Rules of Pricing

    All prices must cover costs and profits.

    The most effective way to lower prices isto lower costs.

    Review prices frequently to assure thatthey reflect the dynamics of cost, marketdemand, response to the competition,and profit objectives.

    Prices must be established to assuresales.

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    When is the right time?When is the right time?

    You introduce a new product or product line;

    Your costs change;

    You decide to enter a new market;

    Your competitors change their prices; The economy experiences either inflation or

    recession;

    Your sales strategy changes; or Your customers are making more moneybecause of your product or service.

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    Pricing BasicsPricing Basics

    Overhead Expenses

    Fixed expenses

    Variable expenses Cost of Goods Sold

    Determining Margin

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    Product Pricng StrategiesProduct Pricng Strategies

    Costs

    Price Sensitivity Competition

    Product Lifecycle

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    BudgetingBudgeting

    A process of planning expenses andrevenues.

    A plan for saving and spending.

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    Purpose of BudgetingPurpose of Budgeting

    Enable the actual financial

    operation of the businessto be measured againstthe forecast.

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    Evaluating MIS FunctionEvaluating MIS Function

    Senior Executives feel very strongly thatcorporate MIS function should beevaluated in one way or other due to

    large amount of investment in theinformation processing technology

    To assess if the benefits received from

    MIS are commensurate with the level ofexpenditure incurred on it.

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    Evaluating MIS FunctionEvaluating MIS Function

    To assign MIS the status of being afunction of management like productionand marketing.

    To evaluate the efficacy of MIS function inthe organization over time.

    To ascertain the competitiveness of the

    MIS of one organization as compared tothe competitors.