Downsizing with executive information systems

Executive information systems (EIS) are relatively new, Windows‐based software products which enable executives to access information easily. Historically, executives have been reluctant to use computers, principally because they did not know how and had no inclination to learn about them. Executives must have timely and accurate information to make effective decisions. EIS gives them this information by allowing them to access internal and external databases for information in a summarized form, then drill down on a specific area to see backup detail. As modern organizations reduce the workforce to implement cost‐cutting measures in a difficult economy, executives find themselves in a position of attempting to maintain or increase efficiency with fewer employees. Increasingly, they turn to technology to fill this gap, relying on various information systems including EIS.