Information is the wing underneath the strategy’s wing by linking all business aspects such as goals, objectives, actions, etc, together to build business competency.
Real-time information is important for responding to changes promptly and making effective decisions for accelerating business performance continuously.
Information enables business competency building: With unprecedented uncertainty, there’s ambiguity in strategy management. The strategy as a vector has both direction and force, the goals should be clear; and the processes to execute it should be cohesive. The strategy rests on the assumption that rivalry (competition and cooperation) will occur and that choices must be made by leveraging information and using knowledge of customers and competitors. It's important to identify weaknesses and priorities in strategy implementation. The real-time information can bring business insight and foresight, enable organizations to see the future clearly; enhance businesses competency dynamically and implement the strategy smoothly.
Information is an organizational asset and resource; businesses today not only use information technology as a digital extension, but also leverage it across their organization to improve decision maturity and attain enterprise-wide digital competency. By applying real-time information, the strategy can be made tangible, which in turn needs to be translated into concrete targets. Information synchronization is the process of establishing consistency among data from a source to the target storage and vice versa, making continuous harmonization and refinement of the information to capture invaluable business insight for guiding effective strategy management.
IT strategy is an integral component of corporate strategy: The digital era upon us is the era of information abundance. High-intelligent organizations across the vertical sectors proactively invest in strategic information management solutions, abstract insight for making informed management decisions, transcend information management into solid strategy management. Information Technology strategy needs to be integrated into the organization's strategy that outlines how an enterprise can achieve important business goals such as innovation fluency, employee engagement, or customer delight, etc.
The apparent benefits of having a comprehensive enterprise-wide IT strategy in place include decision effectiveness, cost optimization, organizational fluidity, etc, by streamlining information fluidity, enabling better information access and analysis. In fact, quality information enables executives to make better decisions and build up an analytics-driven culture. Information Management is a linchpin to weave all crucial business elements to a set of differentiated enterprise capabilities for improving the success rate of strategy management and the overall organizational maturity.
The requirement of “super-execution” is information synchronization across boundaries with real-time information delivery to ensure business holism: Besides people, information is the most invaluable asset and the most time-intensive piece of strategy management. Information fluidity aids in removing silo thinking and energizes the organization. In reality, many organizations still feel overwhelmed by the exponential growth of information which comes from the analysis of that data or shared knowledge or facts. An intelligent and open information system with effective information management practices can incorporate both ends and means; continuously open to new information from the dynamic business environment to circulate information seamlessly, process and refine information systematically and transcend information to intelligence, insight for leading smooth strategy implementation.
Information exponentiality brings both opportunities to business growth and potential risks that fail the company. Therefore, information and focus must be apparent throughout the organization. It is crucial to make an information-based risk assessment and constant evaluation of the business environment, otherwise, you may end up having a strategic plan which is oceans apart from reality. Information management capabilities directly impact the effectiveness of strategy management. It helps to set strategic direction, make the transcendence of Information Management into various business management for accelerating business performance, preventing or managing risks, and unlocking organizational potential ultimately.
Information Management is a living open system more than the sum of its parts; it has an expansive impact on the business, economy, politics, culture, and human behavior. It is the wing underneath the strategy’s wing by linking all business aspects such as goals, objectives, actions, etc, together to build business competency, expedite strategy execution, accelerate performance, improve decision effectiveness and drive transformative changes.
Information enables business competency building: With unprecedented uncertainty, there’s ambiguity in strategy management. The strategy as a vector has both direction and force, the goals should be clear; and the processes to execute it should be cohesive. The strategy rests on the assumption that rivalry (competition and cooperation) will occur and that choices must be made by leveraging information and using knowledge of customers and competitors. It's important to identify weaknesses and priorities in strategy implementation. The real-time information can bring business insight and foresight, enable organizations to see the future clearly; enhance businesses competency dynamically and implement the strategy smoothly.
Information is an organizational asset and resource; businesses today not only use information technology as a digital extension, but also leverage it across their organization to improve decision maturity and attain enterprise-wide digital competency. By applying real-time information, the strategy can be made tangible, which in turn needs to be translated into concrete targets. Information synchronization is the process of establishing consistency among data from a source to the target storage and vice versa, making continuous harmonization and refinement of the information to capture invaluable business insight for guiding effective strategy management.
IT strategy is an integral component of corporate strategy: The digital era upon us is the era of information abundance. High-intelligent organizations across the vertical sectors proactively invest in strategic information management solutions, abstract insight for making informed management decisions, transcend information management into solid strategy management. Information Technology strategy needs to be integrated into the organization's strategy that outlines how an enterprise can achieve important business goals such as innovation fluency, employee engagement, or customer delight, etc.
The apparent benefits of having a comprehensive enterprise-wide IT strategy in place include decision effectiveness, cost optimization, organizational fluidity, etc, by streamlining information fluidity, enabling better information access and analysis. In fact, quality information enables executives to make better decisions and build up an analytics-driven culture. Information Management is a linchpin to weave all crucial business elements to a set of differentiated enterprise capabilities for improving the success rate of strategy management and the overall organizational maturity.
The requirement of “super-execution” is information synchronization across boundaries with real-time information delivery to ensure business holism: Besides people, information is the most invaluable asset and the most time-intensive piece of strategy management. Information fluidity aids in removing silo thinking and energizes the organization. In reality, many organizations still feel overwhelmed by the exponential growth of information which comes from the analysis of that data or shared knowledge or facts. An intelligent and open information system with effective information management practices can incorporate both ends and means; continuously open to new information from the dynamic business environment to circulate information seamlessly, process and refine information systematically and transcend information to intelligence, insight for leading smooth strategy implementation.
Information exponentiality brings both opportunities to business growth and potential risks that fail the company. Therefore, information and focus must be apparent throughout the organization. It is crucial to make an information-based risk assessment and constant evaluation of the business environment, otherwise, you may end up having a strategic plan which is oceans apart from reality. Information management capabilities directly impact the effectiveness of strategy management. It helps to set strategic direction, make the transcendence of Information Management into various business management for accelerating business performance, preventing or managing risks, and unlocking organizational potential ultimately.
Information Management is a living open system more than the sum of its parts; it has an expansive impact on the business, economy, politics, culture, and human behavior. It is the wing underneath the strategy’s wing by linking all business aspects such as goals, objectives, actions, etc, together to build business competency, expedite strategy execution, accelerate performance, improve decision effectiveness and drive transformative changes.
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