The aim of modern Information Management has often been described as getting the right information to the right person, in the right format and medium, at the right time, in order to make the right decisions. The value of information is qualitative, measurable, and defined uniquely by an organization.
The Transcendence of Information Management
The Transcendence of Information Management Besides people, information is the most invaluable asset in businesses today. Not only is information interesting economic goods, but the value is also difficult to determine, it could be utilitarian, intrinsic, extrinsic, hedonistic, social, practical epistemic, etc. Managing information and the information position of an organization is what ought to be called Information Management. The tricky bit with information is that, depending on the level of granularity and aggregation, you can use it for multiple purposes. The transcendence of Information Management into various business management accelerates business performance and unlocks business potential.
Three Perspectives of Information Management Information is growing exponentially, and become one of the most invaluable business assets of the business. However, in many companies, the organizational modern data environment is fraught with inconsistency, redundancy, and multiple data and knowledge platforms, it causes confusion and decelerates business speed. Digital IT organizations should take an integral and holistic approach to manage the information cycle, and ensure that reliable information has been provided to the right people for making the right decisions at the right time. Here are three perspectives of information management.
How to Unleash Information Power for Improving Business Maturity Business and technology are now forever interwoven, and IT is the linchpin of running a digital business. IT is shifting from “T” oriented monolithic type support center to “I” driven mosaic style of information hub of the business. CIOs need to provide leadership to the organization from board level down to the business unit and IT organization, to ride learning curves, keep the pace of rapid changes, and unleash information power for improving business responsiveness and maturity.
CIOs as “Chief Information Officer”: How to Unleash the Full Potential of Information Forward-thinking IT organizations are shifting from “T"-Technology-driven to “I” information oriented. The most powerful and differentiating tool in all of today’s businesses is INFORMATION and that is provided by IT systems. The aim of modern Information Management has often been described as getting the right information to the right person, in the right format and medium, at the right time, in order to make the right decisions. The value of information is qualitative, measurable, and defined uniquely by an organization. If done well, information can unleash the business’s full potential and maximize its multi-dimensional values. On the flip side, information is also something that can hinder the achievement of strategic objectives, having it unavailable or compromised. Therefore, Information Management is one of the most important management disciples and best practices in the digital organization. So going back to fundamental, CIOs as “Chief Information Officer”: How to unleash information potential, and the full potential of the business?
How Important an Information System can be in Digital Business Success? In the industrial era, the majority of IT organizations are supporting functions to keep the business light on; the cost center to maintain legacy applications and infrastructure, and the gatekeeper to control the status quo. Nowadays IT and its value implication to the business have changed drastically; information becomes the lifeblood of digital business, and digital technology is lightweight but more powerful than ever. The question is –How important an information system can be in today, can you separate technology from an information system in order to achieve the intended results? And how to make Information Management as ‘powerful’ and ‘worthy’ to an organization as possible?
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