oboloo Glossary

Management Information Systems (Mis)

oboloo Glossary

Management Information Systems (Mis)

Management Information Systems (Mis) Definition

A Management Information System (MIS) is a system that provides information to managers to help them make decisions about the operation of their business. The MIS provides reports on the current state of the business and its performance against goals, as well as providing information on trends and future prospects.

The term ‘Management Information Systems’ has been in use since the early 1960s, when it was first coined by John Gantz of IBM. However, the concept of an MIS is much older, dating back to the days when businesses first began using computers to store and process data.

An MIS can be thought of as a decision support system for management. It is designed to help managers in all areas of decision making, from strategic planning to operational control. The MIS provides information that is tailored to the specific needs of each manager, based on his or her position within the organization.

The role of the MIS has evolved over time, as new technologies have emerged and business needs have changed. Today, the MIS plays a vital role in supporting organizational decision making at all levels.