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Executive Support System (ESS) : A Reporting Tool
Executive Support System (ESS) : A Reporting Tool
System[ESS]
A Reporting Tool
Presented By:-
Sadhish.k.Jain
Introduction
Executive support systems are intended to be
used by the senior managers directly to
provide support to non-programmed
decisions in strategic management.
Hardware Software
Market intelligence
Investment intelligence
Technology intelligence
Examples of Intelligent Information
External databases
Technology reports like patent records etc.
Technical reports from consultants
Market reports
Confidential information about competitors
Speculative information like market conditions
Government policies
Financial reports and information
Features of Executive Information System
Advantages of ESS
Easy for upper level Increased executive
executive to use time horizons.
Ability to analyse Better reporting
trends system
Augmentation of Improved mental
managers' model of business
leadership executive
capabilities
Help improve
Enhance personal consensus building
thinking and and communication
decision-making
Contribution to Improve office
strategic control automation
flexibility
Reduce time for
Enhance finding information
organizational
competitiveness in Early identification
the market place of company
performance
Instruments of
change
Disadvantage
Functions are limited
Hard to quantify benefits
Executive may encounter information overload
System may become slow
Difficult to keep current data
May lead to less reliable and insecure data
Excessive cost for small company
Sitirating:
The Executive Support System for the
companys evaluation based on the
statistical analysis of the balance sheet
records which the companies must send
to The Ministry of Finance.
To whom is SITIRATING addressed?
To the financial institutions (Stock Markets, Brokerage
companies), commercial and investment banks,
investment funds. These institutions can easily and
rapidly obtain reports of estimated evaluation for the
risks their clients are exposed.
To middle sized and large companies which can
easily get:
a rating and prognosis report of its own
development.
a rating report of the activity report they
are part of.
To whom is SITIRATING addressed?