Executive Information System (EIS) Specially designed for the Chief Executive

1.0   Introduction

Executive information systems (EIS) is the most talked about subject in management parlance. You get a mass of information but like a needle in the haystack it masks the essence of what you need. There are few companies which have EIS tuned and designed specifically to meet the needs of the chief executive and his core group members.

2.0   What do you expect from an EIS?

Information is the most valuable resource you have. Decision making is increasingly information dependent, response time critical and the cost of lost opportunity high. Therefore, the right information, at the right time, is a pre-requisite to make progress. In this context, EIS is primarily intended to meet the following objectives:

·         To provide instant access to the chief executive for a daily, weekly and monthly review of the key performance indicators in his company or group of companies.

·         To feel the pulse of the organization, in all its facets, at any moment and take prompt corrective action, where called for.

·         To highlight the status of pending items that need priority attention.

3.0   What is the current situation in your organisation?

We assess this as follows:

·         What are the reports you are receiving? Are they adequate?

·         What is the information that is available and within what lead time?

·         Is the information in a flexible format to enable you make decisions?

·         Do you have set points for monitoring automatically?

·         Can you look at historical data when you want ?

·         Can you monitor by exception rather than the rule?

·         Is the data in a summary form, with access to all details, whenever you want?

4.0   In MKRC’s experience

In most organizations:

·         Information we have is not what we want.

·         Information we want is not what we need.

·         Information we really need is not there.

The Coefficient of Computer effectiveness is a graphic illustration of this (See Annexure)

5.0   What are the services provided by MKRC for EIS?

We will understand your needs and design an executive information system specifically to suit your needs.

6.0   What exactly do you get out of EIS?

You get instant access to key performance indicators for each company / division in the Group, function wise for daily, weekly and monthly control by exception.

7.0   An EIS designed for you

An EIS exclusively designed provides all information, about any facet of the company, instantly to the chief executive. Information is just right, to the point and mostly one line summary. This facilitates prompt corrective action, where called for. A secret code will be provide access to the Chief Executive and no one else.

8.0   Time schedule

Custom designed EIS will be ready within 8 weeks from the date of all clear. In another 4 weeks the system will be presented, proved and implemented as a computer control system.     

9.0   Demo of the EIS

We will be pleased to make a presentation on EIS and show a Demo to potential Clients. This will enable them to appreciate the efficacy and ease of use of such a system.

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Last modified: January 31, 2005