The Monthly “Dot Connections”: Information/Insight & Intelligence Dot Connection Apr. 2019

Information Management is to connect people with the right information at the right time & location, to ensure that accurate information is accessible and shared within relevant business units.

The effects of an increasingly digitalized world are now reaching into every corner of businesses and every aspect of organizations. Organization of the Future is an organization designed openly for anyone with ideas on how human organizations ought to be contrived in the face of the strategic imperatives of the digital era. The work is not the place you go, but a live organization and an experiment lab you can connect the future dots.

      

Information/Insight/Intelligence Dot Connection

Creativity vs. Insight Creativity is an innate process to create novel ideas, it is a type of “out-of-box” thinking; insight is thinking into the box after thinking out of the box. Creativity is a result of living in your intuitive space. It is an action or a reaction to the world. Insight is the deep intuitive understanding of things, and it often breaks through the conventional wisdom. Insight is not only about trying to "think outside the box," but an intuitive expression and alternative path that takes you wherever it needs to go, without boundaries, with the goal to think beyond the surface and break through conventional wisdom.

Vision vs. Insight As businesses and the world moves deeper and deeper into the digital world of VUCA -volatility, uncertainty, complexity, and ambiguity, one of the most desired traits for leaders is VISION, because leadership is all about direction, it shows people where to go; and the other equally important leadership trait is INSIGHT, because it brings up the big WHY - why do you go where you are going and how to get there. So more specifically, what are apple to apple comparisons between vision vs. insight?

Information vs. Decision Making? At today’s digital dynamic, information is abundant and even explosive, the business has become over-complex also hyper-connected, what’s the correlation between information and decision making. If data-decision pair works fine to advocate analytics based culture; as information is the processed data; and knowledge is processed information, how about the information-decision pair? It's not necessarily information, but the business insight leads to the right decision making. So how to measure information accuracy as well as decision-making effectiveness?

Information Management vs. Knowledge Management Information Management is to connect people with the right information at the right time & location, to ensure that accurate information is accessible and shared within relevant business units. This information is open to interpretation in accordance with the level of knowledge one has. Knowledge Management safeguards full understanding of business processes, tools that are used and the people using those to optimize business efficiency. From Wikipedia: Information management (IM) is the collection and management of information from one or more sources and the distribution of that information to one or more audiences. Knowledge management (KM) is the process of capturing, developing, sharing, and effectively using organizational knowledge. It refers to a multi-disciplined approach to achieving organizational objectives by making the best use of knowledge.

Information vs. Intelligence: Is Intelligence Jewel on the Information Crown Information is air at the digital era, however, information is only the means, the prerequisite for intelligence, only through action-based intelligence, one can solve problems, to turn the world a better place.

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Posted in: Connecting Dots,Information/Data Management,Sum UP