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This notes for IPCC student group ll
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BUSINESS PROCESS MGMT PROCESS MEANS co-ordinate standardized flow of activities. Business process Mgmt means management co-ordinate standardized flow of activities in the business organization. Standardized means same procedure followed by the management in each and every branches.
MIS & TPS (MANAGEMENT INFORMATION SYSTEM & TRANSACTION PROCESSING SYSTEM)
FUNCTION OF MIS
͞MI“ I“ AN EXTENTION OF TP“͟
͞NO TP“ NO MI“͟
MIS IMPROVING - Quality of reports.
MIS provides analytical reports to improve the quality of decision making.
MIS DEVELOPED FOR MIDDILE AND TOP LEVEL MANAGEMENT.
EIS DEVELOPED FOR TOP LEVEL MANAGEMENT.
Definition of MIS.
The term management system refers to the data equipment program that use to develop information for managerial use.
MIS is generally in the form of computer generated reports it is obtained from TPS. Examples are make my trips, book my show tally ERP, IRCTC, RED BUS.IN etc. ATM is an example of TPS. TPS means transaction entered in the system.
OUTPUTS OF MIS.
EXPERT SYSTEM
USER INTERFACE
WORKING STORAGE (DATA BASE OF FACT)
DOMIN EXPERT INFRINGE ENGINE (ARTIFICIAL INTELIGENCE i.e. BRAIN)
KNOWLEDGE Eng. KNOWLEDGE BASE
STORE
RESULT
ANY SYSTEM IS BEHAVES LIKE HUMAN IS KNOWN AS EXPERT SYSTEM. EXPERT SYSTEM WILL HAVE THE KNOWLEDGE OF MANY EXPERTS. EXAMPLES ARE INCOME TAX DEPT., AUTO CAR, and AUTO PARKING etc.
TWO MAIN COMPONENTS ARE -1.INFRINGE ENGINE 2.KNOWLEDGE BASE.
EXPERT SYSTEM > HUMAN EXPERTS BECAUSE THEY HAVE THE KNOWLEDGE OF MANY EXPERTS. THERE IS ONE MORE SYSTEM KNOWN AS EXPLANATION FACILITY. INFRINGE ENGINE is the brain of expert system. It is the place there knowledge store is known as KNOWLEDGE BASE. In case user having any doubt user can ask EXPLANATION FACILITY. IF, THEN RULES IS BASED ON KNOWLEDGE BASE.
AMENDMENT NOV-2015.
TPS – TRANSACTION PROCESSING SYSTEM
TALLY IS AN EXAMPLE OF TPS. ATM IS AN EXAMPLE OF TPS.
The world is moving towards directly in the direction of knowledge base system. Shift TANGIBLE TO INTANGIBLE (land, labour, machine, material TO knowledge base). EXAMPLE – Google, Apple, Microsoft. In all these companies we can understand knowledge has played a very important role. A firŵ’s gaiŶ depeŶds oŶ kŶoǁledge. It makes direct connection between an organization intellectual assets and both explicit & tacit knowledge.
KNOWLEDGE
Explicit knowledge can be recorded, orally i.e. express. Explicit knowledge that can be formulized. It is easily available to all. Explicit knowledge is articulated and represented as spoken words. This type of knowledge codified document.
Tacit knowledge on the other hand researches few for just one person and has not been captured by organization. It will not available to others. Tacit knowledge is unarticulated and not represented as spoken words. It is personal experimented and specific knowledge. It is difficult to document and communicate. Special know-how.
KNOWLEDGE ŵay ǀary ďut iŶforŵatioŶ ǁoŶ’t ǀary. Information influence the way of corrective action taken. There is link between Information and Knowledge. Information is short term but KNOWLEDGE is long term. Information is the flow of messages where as knowledge is permanent. Information acquired by told where as knowledge acquired by thinking. INFORMATION WHAT, BUT KNOWLEDGE HOW. Information useful for getting the answer of what where as knowledge getting the answer of how.
TYPICAL TRANSACTION PROCESSING SYSTEM.
Know-How,Understandind, experience,Insights, intuition and contextualization information.
and condensed data.
Facts and figures which relay something specific ,but which are not organized in any way.
”aĐhieǀeŵeŶt of orgaŶizatioŶ objectives and improvement control of essential business ŵaŶageŵeŶt.”
BPM – PRACTICES
Process owners appoint. Top down approach follow. Bottom-up approach follows. Used information technology. Rewards to employee. Outsources. We should follow best practices in the world. Continuous learning.
BPM- LIFE CYCLE
ANALYSIS (understand what is the practices in the business). ALTERNATIVES SOLUTION. CHOOSE THE BEST WAY. IMPLEMENTATION. OPTIMIZE.
Accounting do not need to have the ability to program complex system, but it is important for them to understand the documentation that describe how processing takes places. Documentation also describes logical flow of data within a computer system and the procedures that employee must follows accomplish application task. Communicates all through documents. All the processing in the business to understand process that why document prepare. Example; Doctor to patient checking existing doctors file.
Imp – ER diagram Develop of DBMS Main application (Front end).
II. Calculation can get very complex particularly if many values are uncertain. III. It is very easy to understand but sometimes cannot.
I. Easy to draw. II. Compact documentation. III. Simplicity. IV. Direct codification (direct coded in to a program). V. Better analysis (show various alternatives). VI. Modularity: The complex problem would require complex decision tables which can be easily broken-down to micro decision tables. VII. Non technical (non technical person can be easily understand).
I. All programmers may not be familiar with decision tables. II. The decision tables do not express the total sequence of the events needed to solve the problem.
COMMON POINTS- CHAP- 1