Two-Step Path towards a Strategic Contribution by MIS Function
In order to ensure proper organization planning and decision-making, it is vital that the right information is obtainable at the right time. Otherwise, it is probable that there will be poor planning and flawed scheduling of activities. For a financial organization to thrive in this era of globalisation and competitiveness, relevant information at the appropriate time is a dire need and thus, the global market stresses upon the enhancement of MIS (Karim, 2011, p.460).
The two-step path, effectiveness and alignment, towards a strategic contribution by the MIS function, is justified. A study by Karim (2011) also seconds by stance. In this study, two independent variables, strategic and tactical planning, and one dependent variable, the effectiveness of bank decision making, were developed. Quantitative research method was used to answer the questionnaire and test the hypothesis. Correlation, ANOVA and other such advance statistic methods were also implemented. As a result of this study, it was suggested that MIS should be further developed in design so as to supplement decision making. To sum it all up, the conclusion of the study was that MIS was used to aid Strategic planning, but not much for Tactical planning (Karim 2011, p. 468).
To fulfil the informational needs of any organization, strategic planning is viable as well as necessary, if the objectives of the organization are MIS-approved (Baltzan, 2012). The decisions and the organization's purpose are linked and thus, the long-lived organizational strategies and objectives indicate that a Strategic planning method is suitable for the support of middle-level organisational decisions; a middle-level is a management level that is also known as a management control level. Besides, Strategic planning approach is also well founded for an MIS and this is because feedback on the validity and achievement of the chosen strategies is important and MIS is a system which…
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