Management Information System and Decision Making

Question: Discuss about the Management Information System and Decision Making. Answer: Introduction Management control system (MCS) gathers user information for evaluating performance of organizational resources that includes physical, human and physical processes. This influences behavior of the managerial resources that implement the organizational strategies. MCS are the tools that would help the administration for guiding an association toward its key goals and upper hand. Besides, the management controls stand out as the main function while executing the desired techniques. However, the procedures are actualized through administration controls, hierarchical structure, HR administration and society. According to Waddell, Roberto and Yoon (2013), the management control concerns with the motivation, coordination, and the performance measurement. This would involve extensive quantity and is related to the contributions from management accounting. It also involves an area of resource allocation decision where the contribution is done verbally with the managerial economics. Moreover , it involves a communication process that is motivated with the social psychology with the organizational behavior. Under this system, there are areas that evaluate the corporate control, operational performance, effective management risks and internal controls, strategic information and a proof regarding executive accountability. This also provides risk information and performance through specification of the associated risks and the detailed internal control definitions (Berisha, 2014). Use of MCS in organizations decision-making process Since it helps in validating information with accurate and up-to-date information, this would track the performance of how an individual chooses the work for company benefits. This would also structure the data available for company operations and present guidance for the decisions taken (Etzioni, 2014). Under the business environment, MCS requires active involvement of larger number of participants. This would mean that the need of decision-making holds equal importance among the working groups. In order, the lower levels in the organization have good responsibility and authority, which would facilitate achievement of organizational objectives. Reason to employ in decision-making process When it bases the decisions of the individual with the data available on MCS, they reflect the information, which comes through the operations of the company. This is generated in the form of sales figure, investments, expenses and the workforce data. However, the capability to run such decisions may hinder with the increased promotion budget and the expenses that profit on differing level. Any decision that may result some changes is projected by the company results, which require modifications under the business strategy. Hence, new values would form from the basis of the strategic approach chosen (Teirlinck and Spithoven, 2012). As the decision-making is a strategic process, the direction of work environment would change the procedure with the help of organizational boundaries. Here, interactive systems are commercial and they are directly associated with the organizations changes. Moreover, they may have a proactive system, which requires core values, strategic uncertainties and a good business strategy. Examples of the balance-scorecard The balanced scorecard is used during the strategic preparation of the management structure. This is used for monitoring the organizational performance against the strategic goals. Balanced scorecard is derived from the financial measures of the company by making investments with suppliers, employees, customers, innovation and technology (Waddell, Roberto and Yoon, 2013). Hence, this is used mainly for tracking the financial results while monitoring progress in building the capabilities of the growth needed of a company. For example, while strategic mapping the norms of learning and growth perspective of an organization. While the balance scorecard is determined with the strategic map, it would help to develop the organizations sight and enumerate the chances of having a detailed process in the decision-making. However, this would try to develop the objective and initiate measures with the stakeholders, shareholders, council and board of directors. Way to hinder organizations vision MCS hinders the organizations mission with a sense of coordinating the control decisions through guiding behavior of employees and managers. It also improves the collective decisions to gather, develop and communicate control systems in an organization. MCS would also hinder the organizations mission by balancing talent development through achieving performance success. It would also help to articulate by aligning team members to the operational strategies by taking necessary steps in achieving companys priorities through MCS. Moreover, these attributes would help to prioritize and motivate the leaders of the organization. References Abatecola, G. (2014). Untangling self-reinforcing processes in managerial decision making. Co-evolving heuristics?.Management Decision, 52(5), pp.934-949. Berisha (2014). Management Information System and Decision-Making.AJIS. Etzioni, A. (2014). Humble Decision-Making Theory.Public Management Review, 16(5), pp.611-619. Teirlinck, P. and Spithoven, A. (2012). Formal RD management and strategic decision making in small firms in knowledge-intensive business services.RD Manage, 43(1), pp.37-51. Waddell, B., Roberto, M. and Yoon, S. (2013). Uncovering hidden profiles: advocacy in team decision making.Management Decision, 51(2), pp.321-340.