Importance Of MIS In Organizations

In today's scenario MIS plays a pivotal role in Organizations. Organizations worldwide makes extensive use of MIS.Its desgined by the top management of an organization, is a tool to assembling & accumulating facts & figures of all the important business processes.
MIS is a very vast topic , its very difficult to cover the whole in one article. Thus here are some of the major importance / advantages of MIS in organizations:

• The organization that uses MIS is able to record ,process, route & tabulate all important business transactions. As & when need arises the organization is able to incorporate the needed changes & improvements in the area of concern.
• MIS facilitates informed DECISION MAKING.It usuallly represents a number of options from which one can choose the best.
• The top management ANALYSES whether its resources are being utillized optimally.
• A TWO WAY COMMUNICATION FLOW is greatly enhanced by the MIS. The management freelytells the jobv responsibilities to its employees.The employees in return discuss their doubts & grievances.
• MIS supports the planning & controlling function of managers in the organization.Managers use past/historical data as well as the current data to analyse the performance & hence apply controlling measures.
• MIS encourages DECENTRALISATION in the organisation.Decentralisationis possible when there's a system to measure operations at the lower levels.
• It brings COORDINATION.It facilitates integration of specialized activities by keeping each department aware of the problems & requirements of other departments.

Hence, in some way MIS keeps the organization binded.