The power of information management is to deal with the mountain of information with both technology and human know-how, converting information into invaluable knowledge and catalyze innovation.
Thus, the value of information is not isolated. In fact, all forward-looking organizations across vertical sectors declare they are in the information management businesses. Focusing on the information aspect of the role in the context of the business is part of the digital transformation.
Information drives digital awareness of the business new normal: Information is situated between data and knowledge. In the human context, information drives awareness. In a business scope, there are some of the important bits and bytes of information needed to forecast a new market, an emerging technology trend, or a business growth opportunity. Information can also trigger a sense of confidence, confirmation, validation, and verification. The value of information is to empower the business with real-time insight across the organization in ways never possible before. So information-based forecasting is crucial to bring both insight and foresight of the business, to help the organization align their business reality with digital strategy, develop the future perspective, bring people together in a common and committed effort, and move people in the right direction.
The digital paradigm arises out of abundant information and new knowledge. Organizations can harness the power of information to provide the business with a more fact-based vision of where to aim and how to get there. With these business insights, organizations can acquire the ability to reshape products, services, and customer engagement, reinforce the digital characteristics of the business such as enlightenment and people-centricity, discover unexpected connections between the business and its rich environment, and shape the future together.
Information Technology acts more as a conductor than a constructor for “doing more with innovation”: Information Management makes information available and useful for providing innovative ideas to either grow the business or delight customers. Information is one of the most time-sensitive pieces to the digital innovation puzzle. Information catalyzes innovation; and innovation is production, assimilation, and exploration of a value-added novelty in business, economic, and social environment. The art and science of Information Management are to optimize its usage, and conduct an information-mature, high-innovative and customer-centric digital organization to achieve its full potential.
Behind the scenes, information management is the crucial piece of solving the innovation puzzle by optimizing the value of information while minimizing risks. The quality of information is crucial in understanding the health and well-being of the firm's innovation efforts. The art of possible is achieved by building innovation capabilities because breakthroughs and transformational innovations are not something every business can accomplish, you have to systematically develop and sharpen those abilities which cannot be built overnight.
Shift the “bits and bytes” talk to strategic conversation to improve decision effectiveness: Information applies to the context and environment in which decisions are made. The science of information management is to optimize its usage, refine information into knowledge and business insight and achieve its value. Information based conversations are continuous. Information, with the inclusiveness of data as input, is the primary driver of decisions. There is a pervasive appreciation throughout the enterprise, particularly executive-level management, for adequate, accurate and timely information management as a basis for decision-making.
Foresight is an ongoing conversation. Digital leaders have to keep evolving and gaining new and broader views. The power of information management is to deal with the mountain of information with both technology and human know-how, converting information into invaluable knowledge. If the information is unavailable, inaccurate, lost, stolen, or compromised, it will hinder the achievement of business goals and even mislead the business in the wrong direction.
The responsibility of modern information management is to provide information accessibility and availability, ensure transparency and visibility, enable trust and reliability, and offer integrated information lifecycle management solutions to capture business insight and create a cohesive structure that continually delivers what the business needs and takes further steps to maximize business potential.
The digital paradigm arises out of abundant information and new knowledge. Organizations can harness the power of information to provide the business with a more fact-based vision of where to aim and how to get there. With these business insights, organizations can acquire the ability to reshape products, services, and customer engagement, reinforce the digital characteristics of the business such as enlightenment and people-centricity, discover unexpected connections between the business and its rich environment, and shape the future together.
Information Technology acts more as a conductor than a constructor for “doing more with innovation”: Information Management makes information available and useful for providing innovative ideas to either grow the business or delight customers. Information is one of the most time-sensitive pieces to the digital innovation puzzle. Information catalyzes innovation; and innovation is production, assimilation, and exploration of a value-added novelty in business, economic, and social environment. The art and science of Information Management are to optimize its usage, and conduct an information-mature, high-innovative and customer-centric digital organization to achieve its full potential.
Behind the scenes, information management is the crucial piece of solving the innovation puzzle by optimizing the value of information while minimizing risks. The quality of information is crucial in understanding the health and well-being of the firm's innovation efforts. The art of possible is achieved by building innovation capabilities because breakthroughs and transformational innovations are not something every business can accomplish, you have to systematically develop and sharpen those abilities which cannot be built overnight.
Shift the “bits and bytes” talk to strategic conversation to improve decision effectiveness: Information applies to the context and environment in which decisions are made. The science of information management is to optimize its usage, refine information into knowledge and business insight and achieve its value. Information based conversations are continuous. Information, with the inclusiveness of data as input, is the primary driver of decisions. There is a pervasive appreciation throughout the enterprise, particularly executive-level management, for adequate, accurate and timely information management as a basis for decision-making.
Foresight is an ongoing conversation. Digital leaders have to keep evolving and gaining new and broader views. The power of information management is to deal with the mountain of information with both technology and human know-how, converting information into invaluable knowledge. If the information is unavailable, inaccurate, lost, stolen, or compromised, it will hinder the achievement of business goals and even mislead the business in the wrong direction.
The responsibility of modern information management is to provide information accessibility and availability, ensure transparency and visibility, enable trust and reliability, and offer integrated information lifecycle management solutions to capture business insight and create a cohesive structure that continually delivers what the business needs and takes further steps to maximize business potential.
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