IMPLEMENTING NEW SYSTEM

Implementing New System

Implementing New System

Introduction

In order to be competitive in Market Company should focus on implementing management information system. The development of a management information system is a complex task for a microfinance institution. It takes time to conceptualize, design, program, test and implement such a system. The leaders of the institution considering developing a management information system information policy should set realistic goals.

The process has four phases:

Phase 1: Conceptualization. The institution defines its needs, pre- first evaluation of the various possibilities, then preparing a Guidance in which it has a line of action.

Phase 2: Detailed Assessment and Design. The organization carefully assesses the systems it may acquire. If it decides to modify existing systems as or develop a custom system, then it must address issues design.

Phase 3: Programming and system installation. The institution program (Perfect or adapt) the system it has chosen and installed.

Phase 4: System Maintenance and review of information system management. In this last phase, the institution reviews the tasks that must be accomplice once the system developed and installed maintenance, modifications and periodic reviews - to ensure that it works well (Bidgoli, 2011).

The important key aspect on which company should focus before thinking of implementation of new information system in the company:

Human Resources Available

The presence of qualified personnel in computer science is a necessary condition necessary for successful implementation of new technologies.

Technological Aspects

The working group must consider many technical issues to determine finally it is possible to computerize the system:

The electrical system allow for the installation of computers at the headquarters?

The telephone system can provide telecommunications services?

Financial Aspects

When establishing the budget of a management information system or that one compares the prices of different systems, it is important to consider the total cost, including maintenance and technical support, before taking a decision.

The cost of software can be very low compared to that of the assistance necessary technical, for example, to configure the system to transfer data or train staff (Kroenke, 2008).

After analyzing all the aspects discussed above, then company should move ahead in implementing new system in the company.

What would the advantages and disadvantages of the system be?

Advantages

Standardization and Integration of information in a centralized database.

Increased organizational control.

Minimizes data analysis.

Optimization of production and delivery times.

Cutting Costs.

Updated information is available that allows the taking of decisions.

Avoid duplication of information.

Modules have configurable according to each ...