Tuesday, May 13, 2014

Mr.Dua on Management Information System (MIS) at INLEAD

Mr. Tarun Dua, Associate Director- HR & Training, Country Development and Management Services Pvt. Ltd recently in an expert session addressed students on the MIS.

The session began with Mr. Tarun Dua sharing the company dossier with the students, followed by an AV on Carlson Rezidor. He also did brief the students on his professional background and the profile that currently he is handling.

What is CDMS?

Country Development & Management Services Pvt.Ltd (CDMS) is a joint venture between Country Inn & Suites by Carlson USA and Chanakya Hotels Ltd.

The students were given a brief outline on the concept of Management Information System. A management information system (MIS) provides information that organizations require to manage themselves efficiently and effectively. Management information systems are typically computer systems used for managing five primary components:
1) Hardware
2) Software
3) Data (information for decision making)
4) Procedures (design, development and documentation)
5) People (individuals, groups, or organizations).

The session covered concept of Management Information System. The topics covered in the session were understanding and benefits of MIS, elements of usable MIS, how to read an MIS, types of MIS and their advantages. Understanding why is important for any business to reach a Break even analysis and get their ROI was also discussed in length. The students were introduced to the working of Hotel Management System and Point of Sale. How do MIS contribute to the growth and different operating departments was addressed to.

The various benefits of the MIS were also discussed in detail with the students.

   1)      Core competency support
   2)      Enhanced distribution channel management
   3)      Increased brand equity
   4)      Boost production process
   5)      Leverage stability
   6)      Improve business
   7)      Leverage IT investment in computer aided design

INLEADers Speak:

Joe Marshal, student pursuing International Hotel Management April’14 says, “The session was interesting and got good knowledge about MIS and its necessity”.

Rohit Dogra, student pursuing International Hotel Management Jan’14 MBA (L) says, “Great knowledge sharing of MIS and the current industry trends. The language was simple and the examples very practical”.

Keep watching this space for more :)

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