The document discusses the different information needs of managers at various levels in an organization. Lower level managers require frequent, highly detailed internal information to support operational control. Top managers need less frequent, highly summarized information focused on identifying trends and performance to aid in strategic planning, using both internal and external sources. The types of information, time horizons, accuracy, and frequency needs vary depending on whether it is for operational control, middle management, or strategic planning at the top level.
The document discusses the different information needs of managers at various levels in an organization. Lower level managers require frequent, highly detailed internal information to support operational control. Top managers need less frequent, highly summarized information focused on identifying trends and performance to aid in strategic planning, using both internal and external sources. The types of information, time horizons, accuracy, and frequency needs vary depending on whether it is for operational control, middle management, or strategic planning at the top level.
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The document discusses the different information needs of managers at various levels in an organization. Lower level managers require frequent, highly detailed internal information to support operational control. Top managers need less frequent, highly summarized information focused on identifying trends and performance to aid in strategic planning, using both internal and external sources. The types of information, time horizons, accuracy, and frequency needs vary depending on whether it is for operational control, middle management, or strategic planning at the top level.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
functional responsibilities • Lower level Managers: Require frequent and highly detailed information-predominantly from internal sources.
• Top level managers : Top managers are primarily
concerned with strategic planning control so they need information that is highly summarized and focused on identifying general trends and performance. Sources of information: 1.External information: External information originates outside the organization. Such information is needed by the upper levels of management to plan and to guide the organization in a profitable direction.
• description of customer satisfaction with products and services
• demand for new products or services • knowledege of promotion, price change or product planned by competing firms • details of change in government regulations 2.Internal information:
Internal information originates from inside the organization.
Such information is needed by lower level managers and some times by top level managers also.
Eg : 1.) exchange of information between two dipartments
Information needs of the various managerial levels Characteristic Operational Middle control Strategic of information control (top and planning (first line) middle) (top level)
source Largely internal Largely
external scope Well defined, Very wide narrow Level of detailed Aggregate organization Time horizon historical Future currency Highly current Less current Required high Low accuracy Frequency of Very frequent Less frequent use Firstline management: • An MIS for operational control must provide highly accurate and detailed information on a daily basis or weekly basis. • MIS must provide here a high volume of timely and detailed information derived from daily operations • This information is purely internal. Middle management: • Middle managers such as division heads are concerned with the current and future performance of their limits. • The information need a at this level are both internal and external. i.e aggregate from within as well as sources from outside the organization respectively. Top management:
• For top managers , the MIS must provide
information for strategic planning and management control. • For strategic planning, the external sources of information are on economic conditions, technological developments