Tuesday, November 6, 2018

The Monthly Insight of Information Management: The Multifaceted Information Management Nov. 2018

The most powerful and differentiating tool in today's businesses is information.

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 Multifaceted Information Management  

The Multifaceted Information, Knowledge and Digital Workforce Management Increasing paces of changes and continuous disruptions throw the challenge for businesses across sectors to respond and adapt with faster speed. Running a digital organization starts with the growth mindset and follows with progressive activities. A digital workplace encompasses so much that it's hard to isolate it from other dimensions of the enterprise. With information fluidity, knowledge abundance, powerful digital technologies, the digital organization should be designed openly for anyone with ideas on how human organizations ought to be contrived in face of “VUCA” digital new normal and explore the full digital potential.

How to Ensure Information Robustness and Innovation Excellence The most powerful and differentiating tool in today's businesses is information; the aim of managing the information and the information position of an organization is what ought to be called Information Management. Information is the lifeblood and dynamic business ingredient that allows the company’s continual growth. CIOs as “Chief Information Officer”: How can you create the great condition to ensure information robustness and innovation excellence?

The Intrinsic, Extrinsic and Epistemic Aspects of Information and Knowledge Management Information nowadays is the invaluable resource and asset of organizations, and information assets need to be managed successfully. Back to fundamentals, CIOs are Chief Information Officers, and one of the most important responsibilities for IT is to ensure the right people getting the right information, extract to sufficient knowledge and unique insight to help them make the right decision at the right time and location. But more specifically, what is Information Management theoretically, philosophically, strategically and tactically, and what are the intrinsic, extrinsic and epistemic aspects of information management?

Information Management as Differentiator between Digital Master and Digital Laggard
Information is the most valuable commodity individuals and organizations produce in the digital environment in which they currently function. Nowadays, organizations large or small, collect an enormous amount of data. Data is a raw material, information is processed data, information only has a value when it is needed. When businesses manipulate information in meaningful ways which give you something to interpret and utilize, then you have established the value from the information you get. Therefore, Information Management is a key differentiator between digital masters and digital laggards.

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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