What is Executive Information System? Mechanism and Characteristics

Table of Contents

Executive Information System: Definition

Any decisions made or any bigger administrative information are usually established and sustained by information systems in order to work efficiently. For Administrative decision-making and to support higher-ranking executive information, management information system must be established. For such tasks Executive Information System is commonly taken under consideration.

An organizations objectives are often associated with the domestic and exterior information it posses. It is essential for any particular organization to have a trouble-free admittance to the information it posses. In order to offer combined data and indicators at the time of need, Executive Information Systems assemble, convert and combine information from an assortment of foundations through BI apparatus and expertise. For example: data warehouses/mining etc.

Characteristics of Executive Information System

Executive Information System offer tough coverage. It also offers organizations with maximum capabilities an information system may provide. Executive Information System call attention to graphical demonstration as it makes it simple and easy for the customers to utilize. This system is basically designed for high ranking executives to draw attention to trends in essential variables so that the organization can easily observe presentations and troubles. This dedicated structure of decision support system also identifies opportunities for the organization.

Mechanism of Executive Information System

Executive Information System consists of 4 apparatus characteristically:

Information Technology
Equipment.
Operating System
Graphical Client Interface

Information Technology

Information Technology will cooperate and play an essential role in creation of association information systems. Companies require a dependable network to transmit its essential information from one end to a further. Supplementary, Information Technology surrounded by Executive Information System is capable of speeding up the necessity for admittance to dispense information.

Equipment

The equipment required by the executive department at any company/organization alters by work force. For a perfect EIS environment, an organization must focus on the needs of the executives. The requirements of individuals must be put frontwards before the assortment of equipment. Subsequent are basic equipment’s that are required by any distinctive Executive Information System:

Central Processing Unit: CPU is the most important part of equipment for any information system since it directs the additional computer system apparatus.
Storage Files: Any executive department at a particular company/organization requires storage space to store data in sequence. This equipment can be utilized by executives to store useful data associated with the dealing interactions. Since the storage files consist of data in sequence it can also be utilized to search past information files of the company.
Monitor or Printer: Monitor and printer comes under the output devices which are also important. They present image or permanent documentation for administrative to save files or read them.
Entry devices: Input devices permit the administration to confirm, authenticate, enter and modernize information instantaneously.

Operating System

To run an efficient Executive Information system, it is vital to select an accurate operating system. For that reason, software mechanism and how its parts assimilate the information into a solo system are significant. A representative EIS includes following software mechanism:

In view of the fact that the credentials are characteristically text supported, Executive Information System necessitates a text handling software.
Assorted data sources are in variety of vendor to be precise are required and unlocked processor stage assist administrative to admittance together domestic and exterior information.
Executive Information System representation manages custom and particular analysis which can comprise of any quantitative analysis.
Graphics has the capability of turning capacity of wording and figures into image data for the management. Representative graphic categories are for example time series charts, sequence charts etc.

Graphic Client Interface

It is essential for the clients to utilize the Executive Information System for the benefit of the organization. To construct an efficient Executive Information System, client interface is necessary. There are many kinds of client interfaces available that can be added to any Executive Information System. For example: Command language, menu driven etc.

Advantages of Executive Information System

There are many advantages of Executive Information System to any executive department. High level companies with high level executive departments deal with individuals who can utilize this particular information system to work efficiently. Since an administrative job is not an Information Technology (IT) job which may include under skilled individuals to operate the system but the Executive Information System is designed very carefully for almost any individual to operate it because the system does not require any individual to comprise broad computer understanding.

Executive Information System enhances tracking data. It also offers efficiency to the administrative when taking big decisions. It makes available collective and combined information that makes it easier for the executives to prompt quickly.

Disadvantages of Executive Information System

This system also has its disadvantages which are extra in quantity than the advantages. It is not system autonomous, it is system reliant. The data entered into this Information System is less reliable along with less secured which might be the worst disadvantage of Executive Information System. Since these systems are only utilized by high-level organizations because of its elevated implementation expenditure, it is likely that these respective organizations may have a lot of data which may occur as hard for the executive or individual dealing massive amount of data. Also, the system is graphic friendly which makes it inadequate by means of functions.