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How do executive information systems help senior leaders monitor an organizationâs performance?
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A woman taking a driver's license test on a computer, an example of a government using an information system to provide services to citizens.
Executive information systems (EIS) assist senior leadersâsuch as the chief executive officer, executive vice presidents, and the board of directorsâby providing critical data in a highly summarized, convenient format, typically through a graphical digital dashboard.1
These systems help monitor organizational performance by enabling leaders to:
- Compare Performance: Executives can benchmark their organizationâs performance against competitors and evaluate general economic trends across different regions or countries.1
- Drill Down: Users can navigate from high-level summary information to increasingly granular, focused details as needed.1
- Assess Strategy: By consolidating information from multiple media formats, these systems support leaders in assessing the current business environment and developing future strategic directions.1
While formal computerized systems are only one part of the information sources used by senior managers, they provide essential support for maintaining oversight of the companyâs health and market position.1