Tuesday, September 24, 2019

The Monthly Insight of Information Management: The Characteristics of Information Management System Sep. 2019

Information Management is a system with interdependent processes, technologies, and a set of interdisciplinary practices for moving the business to a dynamic, iterative, integral and interactive digital flow.

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 Characteristics of Information Management System

Three Characteristics of Information Management System A system is a group of interacting, interrelated, or interdependent elements forming a complex whole. A system has a purpose to perform a set of functions to achieve well-defined goals. A system which is composed of interacting and interdependent pieces has a specific structure which is defined by its components and processes - the interrelationship between components. Managing information and the information position of an organization is what ought to be called Information Management. Information Management is a system with interdependent processes, technologies, and a set of interdisciplinary practices for moving the business to a dynamic, iterative, integral and interactive digital flow.

Is IT a System A system is the part of the world which has to be of interest to us on the basis of a certain purpose. Only then you think about the other properties (interaction of elements, environment, etc.). A subsystem correctly defined is, in any case, a system. A model is something different though and has to do with our knowledge about a system and its functioning. Is IT (Information & Technology) a system, though?

Dots Connection: Information System (IS) vs. Information Technology (IT) An information system is an abstract view of an activity system focusing on the gathering, processing, distribution, and use of information. It provides the information needed for the decisions that are part of the activity system. The Information Technology system supports the information system. It encapsulates hardware, software, data and communication technologies. It provides data to be used by people as information.

CIOs as Chief Improvement Officer: What are the signals of Dysfunctional IT Systems Today’s organizations are far from perfect, there are ineffectiveness, dysfunction, overlapping, complication, silo, gaps, infighting, and inefficiencies, etc., all over the place. IT is in a unique position to oversee the underlying processes, build capabilities, and orchestrate the digital transformation, CIOs as IT leaders and Chief Improvement Officer: Can you identify the signals of dysfunctional IT systems - not just through the symptoms on the surface, but digging into the root causes, and fix them smoothly to improve the business agility and maturity?

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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