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Management Information System (MIS) requires understanding about the subject contents and components, and its essentiality in the society, and how it works and affects human life. Starting our journey about the MIS environment, we must first know what the stuffs we must consider in introducing MIS are Business Industries and Information Technology (IS) itself, and how they are correlate each other. This first step will give us the idea that IS is one of the elements in the business world, that is why as an IT students we have to adopt and considered the business industry, and how to link IT into its prospect industry. Based on the learning’s that I’ve learned in this past few years of studying as an IT students, I’ve known that IT is an helping tool for the business industry to progress and prosper .
All of the success in the business and in the field of technology is not by luck but with the proper, appropriate and correct management and planning. But as of this moment we will tackle about essentiality of having a good plan in both the business and in the Information Systems area. When we talks about planning it is a crucial task. Its because of some factors to be considered such as long time for hardware delivery, the difficulty of software development and the preparation needed for training and implementation have all demanded advance planning. This planning task has been primarily technical, specifically focuses on hardware and software and its relationship into the business industry. It is a preparation of one business or one system how to improve one's organization for the days or years to come. It is trying to respond in the changes and challenges that blocks the way of success. It is strategical approach of new ideas, new techniques, new business strategies and new systems, which intentionally gives a positive impacts in the business and organizations. For instance, the business makes a plan first before implementing something, like purchasing the new system for the new accounting system. Before the system may come in to reality it must to pass through different and formal process, the request must be done in the sequential and documentary way, like stating the purpose, the benefits, people involve , cost and many more to consider just to be approved. And for some like small business before they have a new machine it would be studied first if the cost would be worth to take the risk, and become the cause of the delay. After the evaluation if it really not approved, the owner would ask for any alternative that is low cost but functional though not so good in quality and performance as long as it fits on the budget, they will go for it, but still before it come to reality it passed to a long process and studied well by all concern. What I want to say is that planning done properly to find its effectiveness and usefulness in any organization. The way to success is the proper way f planning , predicting the problems that may result destruction and failure of the organization by having strategical solutions and plan to fight it up.
However, to elaborate and make a clearer view about the topic, we must first define and expose its real meaning that define by the author.
-Information System (IS) Today, James O'Brien,2003.McGraw Hill Company Inc.,
Information System can be any organized combination of people, hardware, software, communication networks and data resources that collects, transforms and disseminate information in an organization. While Business plan is a formal statement of a set of business goals, the reason why they are believed attainable and the plan reaching those goals.
-www.wikipedia.com
Business is first established than Information Technology (IT). Filipino started trading through barter system until such time that we learned to use for business transaction. In regards on the widely spread of business throughout the globe, managing information files was done manually until during 1970’s. In part of this year, information workers exceeded 50% of the work force. This is due of bigger and longer the company operates the larger documentation files stored and processed, although in the late 1950’s and early 1960’s. “IT” hardly exist still its compatibility and usability was not yet disseminated well. They were started using computer for data processing applications, their impact was comparatively modest. This was all because this change could not come too quickly to satisfy user needs. But, still people tried so hard to make things possible in which after late 1960’s, Information work grew rapidly. Through this responds we now make use IT resources effectively and efficiently.
Nowadays, proper designation and implementation of the Information Systems (IS) will become a big factor to the business prosperity. That is why Business plan correlates with Information System Plan.
The both elements are very important and specials in an organization. With the aid of this two, the business will prosper. Proper handling of information system will help in decision making while having a good business plan that will lead you where your business is going, it will be your map in your journey to successful business. It might be the road to taken be not so smooth but having a good business plan to address and overcome the circumstances that comes along the way. That is the main purpose of the planning, planning for the future.

How does IS help the business world?
1. It help in company's decision-making. Because it gives an accurate, timely and usable output of all financial statement of account and other financial reports and ledger. It also provide a more comprehensive graph that identifies the growth and downfall of the business operations and profit. The graph also see to it what period is the peak season and when it is not, when and where to produce and reproduce a product.
2. It makes the nature of job simplified and categories into specific job description. With regards on the job specification in the company in regards to Information System, it makes the nature of job for one personnel to furnish a more precise and a better performance in regards to its job, it will minimize multi-tasking. This will keep time the personnel to focus in one specific job.
3. Making use of latest technological trends. The newest technology you have the coolest, this is the motto of all the techie people says but in business not at all times, why? Is is because in the business world making use or purchasing new system would be very costly and complicated. Acquiring new system needs a proper preparation and planning. But we should not regard the facts that a having new systems will help addressing the company problems when regards to company transactions.
Components of IS Plan
1. Equipment 6. Financial Projections
2. Software System 7. Staff Development
3. Development Projects 8. Alternative Technology Projections
4. Database Plans 9. Organizational Design
5. Telecommunications Plan 10. Alternative Business Projection

Differentiate Information System Plan into Business Plan
Business plan has been identified as a summary of how a business owner, manager, or entrepreneur intends to organize an entrepreneurial endeavor and implement activities necessary and sufficient for the venture to succeed. Business plan is being used as Venture capital, Public offerings, while within corporations it includes Fundraising, Total quality management, Management by objective and Strategic planning.
When we talk about Venture Capital it denotes about two things: Business plan contests which provide a way for venture capitals to find promising projects while venture capital assessment of business plans focus on qualitative factors such as team. This entire collective investment scheme is a way of investing money with others to participate in a wider range of investments than feasible for most individual investors, and to share the costs and benefits of doing so. However, venture capital fund refers to a pooled investment vehicle which means that, primarily invests the financial capital of third-party investors in enterprises that are too risky for the standard capital markets or bank loans. Other capitalist are invested into small and less mature companies but expect so much in return, this happen because its one way of taking over the management or another way around but with purely the reason on investments return. Furthermore, venture capital investments are generally made as cash in exchange for shares in the invested company. It is typical for venture capital investors to identify and back companies in high technology industries such as biotechnology and ICT (information and communication technology).
Aside from being a business-minded you have a responsibility to have a public offerings which makes potential investors evaluation on perspectives of issuing company. IT is having informed the public of the issues that mainly concern on the people's involvement. Example of it is fund raising is the primary purpose for many business plans, since they are related to the inherent probable success/failure of the company risk. It fails when the number of availing the service are availed the fund raising but the return of investment is not sufficient nor never achieve in their target sales this is means company lose which mean that the strategy is not so effective. Total quality management

Total quality management (TQM) is a business management strategy aimed at embedding awareness of quality in all organizational processes. TQM has been widely used in manufacturing, education, call centers, government, and service industries, as well as NASA space and science programs. The basis of TQM is to reduce the errors produced during the manufacturing or service process, increase customer satisfaction, streamline supply chain management, aim for modernization of equipment and ensure workers have the highest level of training. Less error means near into perfection and so closes in to the peak of success and satisfaction.

Information System Plan corporate with three Framework:
1. Stage of Growth
Identification and initial investment it is somewhat the beginning use of the new system. Experimentation and learning will follow. All of this steps help the corporation categorizing the stages of growth, how the business grow.

2. Critical Success Factors (CSF) is the term for an element that is necessary for an organization or project to achieve its mission. It is a critical factor or activity required for ensuring the success of your business. The term was initially used in the world of data analysis, and business analysis. For example, a CSF for a successful Information Technology (IT) project is user involvement.
3. Business Systems Planning

Business System Planning (BSP)

It is another popular methodology for system planning which developed and marketed by IBM. The basic philosophy of BSP is that data is a corporate resource. As such, it should be managed from an overall organizational view point, that it can be best serve the organization’s objectives and support its decision making activities.

The steps in the BSP study

1. Gaining commitment. Commitment is actually having people willing to commit themselves for the project they are the: a study sponsor (who are the top executive of the organization), team leader (one of the top executive who is assigned to lead the project) and members of the team. The team leader and members commits themselves to build the project. The final study recommendation would be presented into study sponsor, for further reviews and ask approval to proceed.

2. Preparing for the Study. This preparation involves crating the study schedule, making out the list of executives to be interviewed, gathering reference materials, location and equipping a meeting room, and so on.

3. Starting the Study. First, objectives must be presented by the sponsor. It reviews initial preparations. To established technical environment, the overview of the company’s information Systems is presented by the chief Information Systems executives.

4. Defining Business Process. Identifies and describes all the processes of the business, such as product development, purchasing, marketing and receiving.

5. Defining Business Data. The data used in the company will be categorized into logical data classes. The latter is the information needed to be tracked such as vendors, customers, parts, machines, and so on.

6. Designing Business Data. Defining information architecture of the organization. The architecture shows the relationship between data classes processes and IS. Data created in one system used in another is identified that the subsystems can be identified either “create” subsystem or “usage” subsystem.

7. Analyzing Current System Support. From the study and information gather above, the team can discover which processes receive no formal systems support which receives support, where possible redundant system exist, where shared information systems are possible.

8. Interviewing Executives. The purposes of interview are: to verify the organization; to determine the needed information by these executives; to uncover their problems and priorities.

9. Defining Findings and conclusions. The huge amount of material gathered from research and organizational information, interviews, summarized relationship of processes and data classes and so forth. This all summarized information help in determining the corporate information architecture.

10. Determining architecture Priorities. The team describes the order in which sales are to be developed the highest priority systems or subsystems are then described in considerable detail for evaluation by the study sponsor.

11. Reviewing Information Resource Management. Having a thorough probing and scrutinizing the business process, the team now study the company's information systems management policies in order to identifies objectives, financial, applications and data.

12. Developing Recommendations And an Action Plan. This step is producing the final set and recommendation and action plan.

13. Reporting Results. In this stage the team hopes to gain approval from the study sponsor to proceed with this recommendation and action plan.

14. Overview of follow-up activities. BSP manual stresses the importance various people including the users. The manual also describes various aspects of the follow-up activities such as implementing changes, maintaining and refining the architecture developing the first system.

4. Investment Strategy Analysis
This is all about having a planning where the money should be invested which at the same will make the turn-over double or more. This is thinking all possible event that might in the business, and tried to address it.

Significant of Strategic Planning

Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. Various business analysis techniques can be used in strategic planning, including SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats ), PEST analysis (Political, Economic, Social, and Technological), STEER analysis (Socio-cultural, Technological, Economic, Ecological, and Regulatory factors), and EPISTEL (Environment, Political, Informatic, Social, Technological, Economic and Legal). All possible factors are being held together and tried to come a solution to address all of this. This is the way of having a strategize action on the future that held to shield the company for the possible circumstances that brings the company at stake. Strategic Plan is your wiping tool in cleansing up your way in the future.

Characteristics of a Quality ISP

A quality ISP must exhibit five distinct characteristics before it is useful. These five are presented in the table that follows.

a.) Timely- The ISP must be timely. An ISP that is created long after it is needed is useless. In almost all cases, it makes no sense to take longer to plan work than to perform the work planned.

b.) Useable- The ISP must be useable. It must be so for all the projects as well as for each project. The ISP should exist in sections that once adopted can be parceled out to project managers and immediately started.

c.) Maintainable -The ISP should be maintainable. New business opportunities, new computers, business mergers, etc. all affect the ISP. The ISP must support quick changes to the estimates, technologies employed, and possibly even to the fundamental project sequences. Once these changes are accomplished, the new ISP should be just a few computer program executions away.

d.) Quality- While the ISP must be a quality product, no ISP is ever perfect on the first try. As the ISP is executed, the metrics employed to derive the individual project estimates become refined as a consequence of new hardware technologies, code generators, techniques, or faster working staff. As these changes occur, their effects should be installable into the data that supports ISP computation. In short, the ISP is a living document. It should be updated with every technology event, and certainly no less often than quarterly.

e.) Reproducible The ISP must be reproducible. That is, when its development activities are performed by any other staff, the ISP produced should essentially be the same. The ISP should not significantly vary by staff assigned.

Business Plans and IS Plan written primarily for use within the company generally stresses the benefits that will result from implementation of the plan. These may include improved and more consistent performance, improved coordination and consistency among various segments of the company, greater ability to measure performance, empowerment of the work force, and a better motivated and educated work force. The plan provides a comprehensive framework and direction for ongoing operations.

It is also use to identify the company's strengths and weaknesses, potential problems, and emerging issues. They set forth performance standards on which expectations will be based, and clearly define goals and objectives to allow for coordination and better communication between all company areas. All these elements are taking impart in the industry because it is their map for giving a clearer view about the future struggles and difficulties. All of this is commonly use by the organization, because without this is like putting yourself in war without bringing any weapon to defend yourself, it surely kills you without a fight. Having no Strategic Plan and business Plan is a suicidal, you are putting the company at stake. Therefore, always be vigilant and always be prepared, by doing this will be key to succeed.

Resources:
http://en.wikipedia.org/wiki/Business_plan
http://www.tdan.com/view-articles/5262