Analyzing Value of an Information System

Information systems are an integral part of any company or organization that want to be successful.  In business the ability to be successful is dependent on multiple variables, but one being the most important is how successful your systems are run to provide the company with an accurate dissection of its business practices. Using information systems will help a company to realize its potential strengths and opportunities within the realm of business.  One such system, Management Information Systems, which combines the use of the organizations people, procedures, methods, and practices and uses the information provided from those components to help provide the organization an accurate picture of its business practices. 

The components of management information systems all play an integral part of an organizations success.  For an organization to be able to utilize the components to help create an accurate picture they must be able collect, manipulate, store, and disseminate data in order to meet their objectives and goals.  Within Management Information Systems, the use of the people is usually ones greatest tool in being able to collect data and information to input into the information system process. The value of an organization’s people helps to paint a clear picture of what is occurring inside an organization based upon their people’s knowledge of the business and training upon which they received.  

The procedures, methods, and practices of an organization can help one to gage the effectiveness of the business in meeting its objectives and goals.  The use of the information can be input into a system that can then process the information based upon parameters used to obtain one’s objectives or goals.  After the input of information is processed it is then able to provide the outputs for which the organization is able to better assess itself and make the necessary changes for the betterment of the organization.  After the changes are made, the company is able to gain feedback from many different areas such as, management, employees, suppliers, customers, benefactors, etc.  The use of this feedback helps to fuel the cycle of information systems and helps an organization to better assess itself constantly and be able to adapt to the ever changing world of business.