MIS Definition and Significance in Pharma123
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Transcript of MIS Definition and Significance in Pharma123
8/8/2019 MIS Definition and Significance in Pharma123
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Introduction toInformation System
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MIS
Management Information systemis the combination of human andcomputer based resources that
result in the collection , storage,retrieval , communication, anduse of data for the purpose ofefficient management ofoperation and for business
planning. Management information system
(MIS) aimed at providing periodicreports and data for management
decision making.
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One time data capture issufficient. This makes repeatentries and duplication ofinformation redundant, and saveseffort, time and expense. Itreduce the possibility of human
error.
Since the system is event-driven,it can function independently and
notify other departments needingthe information automatically.
Information resource is accurateand up-to-date. One common
database makes a powerfulinformation resource available to
the entire Company.
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Integrated into a unified system.
The system offers informationmanagement for the entirecompany while allowing smoothfunctioning of department
systems independently.
It serves as a Data mine forresearch. Various useful reports
can be drawn from the commondatabase facilitating efficient and
informed management action.
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Benefits
MIS, wherever introduced has
resulted in the following benefits:
Reduction of clerical work
Reduction of printed formsCentralized patient care data
Instantaneous input and retrievalof clinical information from
numerous remote sites.
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Scope
The study of informationsystems focusing on their use in
business and management.
There is growing
interdependence between
business strategy , rules and
procedures in one hand
information system software ,hardware , databases , and
telecommunication on other.
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Benefits
Improved accountability and
accuracy of information improved cost accounting
Speedy diagnostic andtherapeutic measures.
Accurate information
Speedy retrieval of relevantinformation
Quick flow of information fromdata entry to data used
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Freeing of highly trained Pharmaprofessionals from manualrepetitive tasks such as paperwork.
Improvement in variousoperations of Pharma Industry
Improvement in decision makingby Pharma administrators sinceup-to-date information becomesavailable.
Adequate data protection, sincechecks and codes are used toreveal the information only tothose who are authorized to have
Information. Generation of more efficient and
effective information.
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Significance
Quality factor:
up-to-date and valid
causes repetitiveExaminations
Cost of medical Care/
Pharma will decrease
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Significance
Cost factor
In an automated hospitalinformation system used abroad ,an estimated 3-5% of the costs of
an enterprise are due toelectronic data processing.
This includes computer system,computer networks and computer
based application systems Some studies are observed that
25 % of the hospital /enterprisecost are due to information
processing
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Significance
Competitiveness amongstPharma Industry
productivity factor inmedicine and health care
increasingly important for the
competitiveness of hospitals
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Significance
Holistic View of thepatient
Guarantee availability ofrequisite information
about a patient as andwhen required
diagnostic and
therapeutic measures
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Significance
Memory and the nervoussystem
In terms of statistical
presentation
Multi Dimensional Data
Information system can be seen
as the memory and the nervous
system of the hospital.
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Contemporary Approachto IS
Multidisciplinary Field
Technical Approach ± Emphasis
mathematically based models to
study information system
Technical Approach are
Computer science, Management
Science, and operation research
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Approach to IS
MIS
OperationsResearch
sociology
EconomicsComputer Science
ManagementScience
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Contemporary Approachto IS
Behavioral Approach ±
behavioral approach does not
ignore the technology, it not on
technical solution , instead it
concentrates on changes inattitudes, management and
organizational policy
It pays attention to behavioralissues like sociology,
economics and psychology.
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Changing
ContemporaryApproach
Globalization Transformation of the
Pharma Enterprise
Transformation of Industrial
Economics
Emerging of Digital Firm
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Digital Firm
Organization where nearly all
significant business processes
and relationship with
customers, suppliers, and
employees are digitally enabledand mediated
Core business processes are
through digital network
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Challenges of IS
Confidentiality
Security
Integrity
And security of the information Context of IPC , Indian
Evidence Act and Code of
Medical Ethics.
Safeguard the data against loss,
destruction and tampering
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Information SystemLiteracy
Broad Based understanding of
information systems that
includes behavioral knowledge
about organizations and
individuals using informationsystems as well as technical
knowledge about computers
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Types of ExternalInformation
Demographic Trends- Population , ageing
Economic condition ± forecast for growth ,
can we deal with ageing population ? Age
of profile of customer?
Industrial structure ± how many new
companies entering ? Social factors ± role of women? Children?
Changes in family pattern?
Political factors ± political decision ?
Decision Technological Changes -
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Types of InternalInformation
Marketing and Sales
information , performance ,
revenues, market share
Production and operational
information on assets, lead time,quality , and standards
Financial information on profit,
cost margin, cash flow Personnel information on labour
R & D
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C
haracteristics of GoodInformation
Relevant for its purpose
Sufficiently accurate for its purpose
Complete for the problem
Confidence in the source
Communicate to the right person
In time for its purpose
Detail
Appropriate channel Understandable by the user
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INFOR M
ATION
TIME
LY
CONCI
SE
ACCUR
ATE
QUANTIFI
ABLE CONSIST
ENT
RELIAB
LE
RELEVA
NT
UNDERSTAND
ABLE
COMPLE
TE
ATTRIBUTES OF
INFOR MATION
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Components of a
System
Feedback
Input
Resour
ces
Transforma
tion
OutputResour
ces