Essentials of a good MIS report

A MIS report is like a transport of information to those who need it. The essentials of a good management reporting or information system are the following:

1. System should yield information required for the evaluation of each manager’s area of responsibility in relation to the goals of the organisation.

2. There should be a proper flow of information. it should originate from the right place and should be transmitted to the proper level of authority where decisions are to be made. Complete and consistent information should flow in the systematic manner.

3. The information required for a decision should be anticipated so that all the relevant data are gathered and made available at the decision point.

4. Information should be communicated in proper form so that management may study it and use it in decision making without any difficulty.

5. The system should ensure furnishing of the information at the proper time, i.e., neither too late nor too late.

6. System should be flexible to meet the requirement of user.

7. There should be a procedure for measuring and matching the cost of obtaining information and the value to be obtained from its user – cost benefit analysis.

8. Report should be presented in simple, unambiguous and clear language- simplicity. The reader should be able to understand the report without any difficulty.

9. There should be a consistency in the presentation of reports. The comparability of reports will be possible only if they are consistent.