Saturday, April 13, 2019

The Monthly Insight of Information Management: Information Synchronization Apr. 2019

 Information is useless if it is not being used to achieve the business purpose. 

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 each organization.

   


Information Management Synchronization


Running IT as Information Synchronizer With the exponential growth of information and continuous disruptions, Information Management becomes making and breaking point of digital transformation. Information is the lifeblood of the enterprise, the abundance of information brings both significant opportunities for business growth and unprecedented risks which could fail the business even overnight. Information and its life cycle is complex. IT organization has to shift from technology oriented to I-information driven, to become an information synchronizer for optimizing the value of information while minimizing risks.

The Synchronicity of the Information Management Cycle The abundance of information brings both unprecedented opportunities and risks to businesses today. Information is useless if it is not being used to achieve the business purpose. 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, to make the right decisions. The synchronicity of the information management cycle builds the foundation to run a highly responsive, hyperconnected, and high-performance digital organizations.

Timing, Always-On and Digital Synchronization Digital means increasing the pace of changes, continuous disruption, and timing - how to run a real-time business. IT plays a critical role in orchestrating digital transformation. The goal to run a high-responsive, always-on digital IT organization is to create business synergy and achieve digital synchronization of the entire business.

How to Instrument Real-Time Digital Organization Digital means the fast pace of changes, overwhelming growth of information, and fierce competitions. In the digital dynamic where innovation threatens to tear down legacy systems and practices just as it generates new opportunities, it's natural to fear the unknown, question the unproven, be skeptical of the latest digital trends, and be hesitant to take action. Still, the key differentiator between the digital leaders and laggards is the speed to change and how they respond to the dynamic business environment. The high mature digital organizations are highly conscious about what’s happening in their environment, with the ability to adapt to change timely, grasp opportunities, and prevent risks effectively. Here are three aspects to run a real-time digital organization.

The Digital CIO’s “Just-In-Time” IT Management Approach? Nowadays, information is growing exponentially and technology changes so quickly. CIOs should be clear on what needs to achieve in terms of top line, bottom line, and working in tandem with other departments to achieve IT goals. For adapting to the increasing pace of changes and continuous disruptions, digital CIOs should practice intrapreneur leadership, leverage just-in-time IT management discipline to run IT as the business and reinvent their organizations to get digital ready

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