Friday, December 4, 2020

Information Integrator

Compared to the physical asset, information should be managed holistically to enforce information - knowledge- intelligence- insight -innovation cycle.

With exponential growth of information and rapid change, Information technology is not just part of the business; it is an integrator which plays a significant role in weaving all necessary elements together to orchestrate a digital transformation symphony. 

The goal of information management is to process raw data and abstract information from it. Information management must reinforce that position by demonstrating every day how IT contributes to business success. In the end, it is not about information, but what information can provide when it is enabling and integrating with a variety of management disciplines and business processes to deliver the strategic differentiation.

Effective information management is a digital integrator to orchestrate business solutions and deliver results quicker: Information Management is a holistic approach that crosses functional boundaries to process information, refine knowledge, and capture insight for achieving business value. In practice, the effective and productive Information Management activities and scenarios should understand and manage complexity, know how to prioritize based on the business needs, communicate extensively, focus on information refinement and adoption to achieve its business value. At the dawn of the digital era, the effectiveness of Information Management improves decision effectiveness, optimizes resource management and risk management.

Information is the gold mine all forward-thinking organizations dig to capture business foresight and customer insight, The health of IT management directly impacts business success in the long run. Whether IT needs to work within, on or across the business systems or subsystems depends on how you define the system scope and the integrated components of the system. IT plays as a service broker and a digital integrator to orchestrate business solutions not only serving internal customers but also improving end customers' touch point seamlessly and delivering results quicker.

Improve information quality via efficient tools and get the right result via cross-disciplinary information flow and gap minders: Information is one of the most critical components of strategy management. Whether IT leaders should and can take the lead in strategic initiatives is dependent on whether they are a trustful source of cross-disciplinary information flow and gap minders of silo functions and business processes. Information Management entails collecting, storing, organizing, retrieving, acquiring, securing, maintaining, updating, distributing, sharing, publishing and finally archiving information. In the face of vast areas of unknowns, effective businesses leverage a scientific information management framework to threshold all critical factors for gaining multidimensional business insight.

There are always different complexities at a different time or dimension and there are multilateral management approaches to run an information intensive business by streamlining cross-disciplinary information flow. The quality of the business management depends on the quality of information. Business operates in the real world, and the real world is muddy and chaotic. Organizations need efficient tools that deal with muddy and chaotic data, not a focus on making the data adapt to somewhat weaker tools. Information Management quality means quality data, quality management, and quality measurement. Improving information quality doesn't mean you pursue the perfect data, but the good enough data being transformed into useful information, business foresight and customer insight.

Information Management is the linchpin to connect all necessary business elements to implement great ideas and achieve their commercial business value: Information and knowledge do not stand still! It flows into the company, it flows out of it, and it flows to the customers of the company in terms of products and services deliveries. An intelligent and open information system can incorporate both ends and means; continuously open to new information from the dynamic business environment and is able to circulate information within the system seamlessly, to generate fresh ideas, improve decision effectiveness or align the customer needs to meet the business goals.

Some highly intelligent leading organizations can manage information excellently to capture business insight almost at the real-time, in order to respond to changes promptly. Effective information management, in fact, is an integral part of innovation management which needs to streamline information flow, collaborate through communities with geographically-distributed teams, and arise the opportunity to unlock latent expertise and catalyze business growth.

Forward-looking organizations across the industrial sectors claim they are in the information management business. Compared to the physical asset, information should be managed holistically to enforce information - knowledge- intelligence- insight -innovation cycle, and IT can be built as an information integrator in order to truly capture its business value and improve business responsiveness and maturity.


Thanks for this. I really like what you've posted here and wish you the best of luck with this blog and thanks for sharing. Business Process Management Examples

Post a Comment