MIS Definition and Significance in Pharma123

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Introduction to Information System

Transcript of 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

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Components of a

System

Feedback 

Input

Resour

ces

Transforma

tion

OutputResour

ces