Case breakdown: Movie Minority Report
If you watch this scene carefully, Chief Anderton (played by Tom cruise) is being asked to download the ‘Minority Report’. Chief Anderton is being accused of a crime, his only chance of proving his innocence is through that back-up report. His life depends on that, similarly life of an organization generally depends on something called the MIS reports.
What are MIS reports?
MIS or Management Information Systems reports are those reports that need to be downloaded from the system and presented to the top management. These reports are essential not only for the survival of the companies but they help companies thrive and prosper too.
Many organizations have MIS departments, these departments coordinate between all other departments of the company such as finance, marketing, human resource etc. Though one doesn’t have to work as hard as Tom Cruise to get the reports. At small organizations though, it could be a challenge to get accurate MIS reports. MIS reports are easy to download if all systems are in place.
MIS has 5 components, input, output, processing and analysis, storage and retrieval & flow of information. Output is the main component. Let’s try to understand this with an example, Suppose there is a college, it would have a database of students. Therefore input would be name, DOB, address, courses taken by the student etc. This information would be stored by the college. Let’s say on a given day, principal inquires about the number of students taking french course who are in second year of BBA course. You as an MIS executive would go to the system, give the conditions mentioned by the principal and download the MIS report giving the number of students enrolled in the French course in 2nd year.
It works similarly for different types of organizations. It helps the management make sound decisions and helps them avoid costs and increase profits.
Written by: Ms. Gitika Chandra