Executive Info Sys

download Executive Info Sys

of 15

Transcript of Executive Info Sys

  • 7/30/2019 Executive Info Sys

    1/15

    Executive InformationSystem

  • 7/30/2019 Executive Info Sys

    2/15

    Definition:

    Executive Information System (EIS) is a

    structured, automated tracking system that

    operates continuously to keep managementabreast of what is happening in all important

    areas. This tracking is accomplished by the

    system itself without management effort.

  • 7/30/2019 Executive Info Sys

    3/15

    Why

    Executive Information System (EIS) ?

  • 7/30/2019 Executive Info Sys

    4/15

    Information Needs

    - More timely information

    - Greater access to operational data- Greater access to corporate databases

    - More concise, relevant information

    - New or additional information

    - More information about the external environment- More competitive information

    - Faster access to external databases

  • 7/30/2019 Executive Info Sys

    5/15

    How to Find Executives Information Needs

    - Interview all senior managers to determine what data they think

    is most important.

    - List the major objectives in the short- and long-term plans and

    identify their information requirements.

    - Ask the executives what information they would least like for

    their competition to see.

    - Determine what information from current management reportsis being used by the executives.

    - Use prototyping

  • 7/30/2019 Executive Info Sys

    6/15

    EIS Improvements in Executive Job

    Performance Ability

    - Enhanced communications

    - Greater ability to identify historic trends

    - Improved executive effectiveness

    - Improved executive efficiency

    - Fewer meetings and less time spent in meetings

    - Enhanced executive planning, organizing, and control

    - More focused executive attention- Greater support for executive decision making

    - Increased span of control

  • 7/30/2019 Executive Info Sys

    7/15

    Reasons for Using EIS

    Reason Percentage of EIS Users

    Decision making 50.0Scheduling 50.0

    E-mail 43.8

    Electronic briefing 37.5

    Tickler and follow-up functions 31.3Other 6.3

    Source: Nord and Nord [1996]

  • 7/30/2019 Executive Info Sys

    8/15

    EIS in the Persian Gulf WarThe Second Marine Aircraft wing had to plan its activities

    in a fast-changing political and military environment. Thecommanding general and his staff of about 110 needed

    large amounts of information, such as personnel

    availability, logistics status, and weather conditions and

    forecasts. Getting all this information via telephones and

    paper reports was a slow and possibly inaccurate task.

    Using RediMaster (from American Information Systems), a

    local area network, and information downloaded from a

    mainframe or PCs, and EIS was constructed that could

    provide the commanders with the needed information inseconds. The EIS included e-mail, a calendar, word

    processing, a spreadsheet, graphics software, and anything

    else that could be used to support commanders.fast-

  • 7/30/2019 Executive Info Sys

    9/15

    Comparison of EIS and DSS

    EIS DSS

    Focus Status access, Analysis,

    drill down decision support

    Typical Users Top Executives Analysts,

    professionals,

    managers

    Application Environmental Diversified areas

    where

    scanning, performance managerial

    decisionsevaluation ident. of are made

  • 7/30/2019 Executive Info Sys

    10/15

    More on Comparison of EIS and DSS

    EIS DSSPrinciple Use Tracking and Planning, organizing,

    control, staffing and controlling

    opportunity

    identification

    Dec. Support Indirect support Supports unstructured and

    for unstructured semistructured dec. making,dec. making and and ad hoc decisions

    policies

  • 7/30/2019 Executive Info Sys

    11/15

    EIS Characteristics

    - Tracking and Control Tool- Excellent Graphics

    - Very User-Friendly

    - Provides Rapid Access to Current Information

  • 7/30/2019 Executive Info Sys

    12/15

    EIS Characteristics

    - Problem Solving vs. Opportunity Assessment

  • 7/30/2019 Executive Info Sys

    13/15

    Representative EIS Software

    Product VendorCommand Center Pilot Software

    Commander Comsahre Inc.

    EIS Tool Kit Easel Corp.

    Executive Decisions IBM Corp.

    Focus Channel Computing

    LightShip Pilot Software

    The SAS System SAS Institute Inc.

  • 7/30/2019 Executive Info Sys

    14/15

    Comshares Commander:

    - Support for Multiple User Interfaces

    - Multiple Methods for Locating Information

    - Access to External Databases (e.g. Dow Jones News Retriveal)

    - Interface to Other Software (Excel)

    - Integrated Decision Support

    - Screen Design Templates

    - Security for Data, Screens and Systems- Support for Rapid Prototyping

  • 7/30/2019 Executive Info Sys

    15/15

    Research Issues

    How can the benefits of an EIS be assessed in advance?How does the software used in building an EIS affect the

    development process and system success?

    What are the major EIS data management problems and their

    solutions?How can EIS functionality be increased while maintaining its

    ease of use?