Business Management InformationNeed to review business
management information for an information management strategic plan and
want some practical timesaving suggestions?
Management information is a sub set of information management and 
includes information needed to support
business management
purposes. It is important for an information management strategy to analyze the "as is" management information situation to determine the impact on information management resources. Business management information checklist I generally look at some of the following to see what changes might be required to ensure a successful integration of management information into the information management discipline.  How is people
information and organization management data handled? Every
company maintains
information about people and organizations
including persons employed by the company, people who
do business with the company, organization units within the company and
supplier and vendor information. Is people
information and organization management data duplicated in
many systems or is it centralized?How is product
management
information handled? Every
company is involved with products. They may sell services, which are
considered products, or manufacture and sell products, and buy products
and raw materials needed to operate the business. Product information
is closely linked with people and organization information.Is product
management information duplicated in many systems or is it centralized?Is product
management information a good candidate for master data management?How is order
management information stored. All
companies are involved with orders of one form or another—Customers may
place orders with the company and the company may also place orders
with suppliers. All orders will involve billing and invoice
management information. This information is also required to support
sales management.How does order management
information move to the accounting management and billing management
information systems?How is shipment
management related to order management? Many
companies are involved with product shipments. They
may “ship” a product via courier, or via Internet download, or
they may have a fleet of delivery vehicles. All of these components
require shipment information to effectively manage operations.How is shipment management
information related to product order information, product shipment,
billing management and financial management?How is billing
management information stored?
Companies need to send invoices to charge for products shipped. These
invoices need to be tracked to ensure that bills are sent for all
products ordered and shipped and to update accounts receivables with
amounts due.How does billing
management information move to invoice management, financial
information and accounting information management systems?Does the or organization
have work
order management or time reporting management information
systems? Most
companies capture data needed to evaluate what it costs to build
products or deliver services. This data might be required for internal
use, to improve efficiency, or project time and material reporting
might be required to support client billing.How does time reporting
management information relate to human resource information, invoice
management or work order management?How is accounting
management information stored? How does data move to the
accounting
management information system?How is human
resource management information related to other systems?
Every
company has employees and needs information to track positions filled,
job offers, employee qualifications, and training and pay and
benefits.Is human resource management
a "silo" system or is it included in an enterprise resource planning
system?Industry
specific business management information checklist
Specific industries have information requirements in addition to common data. If the information systems strategy involves specific industries then the following items should be considered as part of the analysis of the "as is" situation: Financial institution management involves financial business management information like all companies, but also requires industry specific financial management information to track customer loans, assets and liabilities. How does the organization
manage financial management information?How is financial management
information related to people and organization management information?Is data movement required to
synchronize data?Health management requires specialized information concerning facilities and equipment inspections to ensure public safety. How does the organization
manage health management information e.g.. to track facility
inspections and health care provider qualifications?How is health management
information related to people and organization management information?Is data movement required to
synchronize data?Health care management requires specialized information to ensure patient care and billing. How does the organization
manage health care management information?How is health care
management information related to people and organization management
information?Are these health care
management information systems "silos" or are they integrated?Is data movement required to
synchronize data?Government agencies require vital records to track birth rates, marriages, divorces and deaths. Are these vita record
business management information systems integrated?Is data movement required?How is business intelligence
reporting handled?
How does external data
move into the organization?How is external data e.g.
prescriber data, integrated with internal data e.g. sales data?How is business intelligence
reporting handled?How is data movement handled?Agribusiness needs specialized agriculture business management information for successful operations management and for regulatory reporting in the event of health related issues such as “mad cow” disease. How is agriculture
management
information integrated with people and organization management
information?How is data movement handled?How is data redundancy and
data duplication handled?Transportation management industry needs business management information concerning shipments by road, rail air and sea. How does the organization
manage transportation management information?How is transportation
management information related to people and organization management
information?Is data movement required to
synchronize data?Aerospace engineering requires technical information to certify new aircraft airworthiness and to ensure that ongoing maintenance complies with prescribed regulations. How does the organization
manage technical information e.g specifications and equipment
schematics?How does aerospace
engineering management information relate to work order management and
people management information?Is data movement required to
synchronize data?Airport operations require business management information to ensure that facilities are maintained to prescribed standards to ensure public safety. How does the organization
manage airport management information e.g.. to
track facility inspections?How is airport management
information related to people and organization, work order and
billing management information systems?Is data movement required to
synchronize data?Summary... Business management information is the set-set of information management and describes information and data needed for management purposes. Most companies have some common information requirements and others have industry specific requirements.
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