executive (adjective, ex-e-cu-tive, \ ɪɡˈzekjətɪv \) information (noun, in-for-ma-tion, \ ˌɪnfərˈmeɪʃn \) system (noun, sys-tem, \ ˈsɪstəm \)
Definition: is a kind of decision support system (DSS) that serves to reinforce the efficiency of the decision-making process within a company. An EIS offers a more accessible entry to the information that is directly connected to organizational goals and usually operates with various hardware, software, and user-friendly interfaces. Additionally, such a system is used to diagnose the overall performance of a company and locate any potential opportunities and issues. The latter function is possible due to the integration and aggregation of all the available information.
In a Sentence:
- The implementation of the executive information system allowed the senior managers of our company to make more accurate decisions regarding day-to-day operations.
- After Magnetron incorporated an EIS, they gained real-time access to work management activities and resources utilization.
Synonyms and related words: decision support system, data warehousing technology, business intelligence, digital dashboard
