The Management of Managerial Information System
Jonathan Ceasar D . Santos MBA - Olivares College Management Information System
1.The Chief Information Officer 2.Responsibilities and Role of CEO 3.Strategic MIS Management 4.Project Selection 5.Pricing Products 6.Budgeting 7.Evaluating MIS Function
The Chief Information Officer - The chief information officer (CIO) is a job title for the board level head of information technology within an organization.
Role of the CIO - is also sometimes used interchangeably with the chief technology officer role, although they may be slightly different.
CIO's Top 10 concerns • • • •
People leadership Managing budgets Business alignment Infrastructure Refresh • Security
Compliance Resource management Managing customers Managing change Board politics
Position Purpose
•
accountable for directing the information and data integrity of the enterprise and its groups and for all Information Technology functions of the enterprise.
• • • • •
Data centers Technical service centers Production scheduling functions Help desks Communication networks (voice and data) • Computer program development • Computer systems operations
What is a CEO? • Is (usually) the singular organizational position that is primarily responsible to carry out the strategic plans and policies as established by the board of directors.
Responsibilities of CEO
•
Develop a strategic plan to advance the company's mission and objectives and to promote revenue, profitability, and growth as an organization.
Role of CEO • • • • •
General Operations Financial Issues Liabilities / Risks / Time Bombs Regulatory / Legal / Litigation Product lines / Marketing / Sales / Distribution • Personnel Issues •
Role of CEO • IPO / Merger / Acquisition / Disposition / Dissolution • General / Administrative • Stockholder Status / Investor Relations • The Next Steps
Strategic MIS Management
Project Selection •
a process for awarding grants to existing or potential partner organizations to implement projects.
Criteria for Selection • relevance to the NGO/CBO support provider’s (NSP) programme objectives and priorities • geographical coverage • suitability of approach
Criteria for Selection
• appropriateness of budget • feasibility • potential impact • epidemiological relevance.
Issue to consider • In selecting projects, NSPs may want to consider how each individual project relates to the others and contributes to the balance of their portfolio.
Pricing Products
• To establish a selling price for a product. •
Basic Rules of Pricing • All prices must cover costs and profits. • The most effective way to lower prices is to lower costs. • Review prices frequently to assure that they reflect the dynamics of cost, market demand, response to the competition, and profit objectives. • Prices must be established to assure sales.
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 money because of your product or service.
Pricing Basics • Overhead Expenses – Fixed expenses – Variable expenses Cost of Goods Sold Determining Margin
Product Pricng Strategies • • • •
Costs Price Sensitivity Competition Product Lifecycle
Budgeting • A process of planning expenses and revenues. • A plan for saving and spending.
Purpose of Budgeting
• Enable the actual financial operation of the business to be measured against the forecast.
Evaluating MIS Function • Senior Executives feel very strongly that corporate MIS function should be evaluated in one way or other due to large amount of investment in the information processing technology • To assess if the benefits received from MIS are commensurate with the level of expenditure incurred on it.
Evaluating MIS Function • To assign MIS the status of being a function of management like production and marketing. • To evaluate the efficacy of MIS function in the organization over time. • To ascertain the competitiveness of the MIS of one organization as compared to the competitors.