The power of information is to empower the business with real-time insight across the organization in ways never possible before.
The key principles to ensure that information management is effective to improve business performance and generate tangible & visible benefits coherently.
Information fluency: Regardless of how big or complex data is, it does not make sense if it is not converted into usable information for harnessing communications and fostering changes. Information/knowledge gets stale sooner than what you thought. Running an intelligent organization with information fluency means that the business has a rich flow of information, information has good enough quality; information is applied properly, and information has been refined into business insight or customer foresight with the aim of solving business problems and improving organizational agility and performance intellectually.
The information management leaders should keep checking: What information do we have, in what format and the location and method is it held? How to store, process, and refine information to generate fresh value? Does information quality become a critical problem that compromises the business’s credibility or is information management the core strength that enables the organization to manage opportunities and risks accordingly? More attention needs to be placed on the conditions that allow information to flow freely and generate value rather than try to manage or control information, So information fluency can improve organizational agility, and maturity.
Information analysis: It’s always crucial to refine information, identify, analyze and solve issues for the better of the company. Information based analysis helps the management calculate how well organizational investment repays the company, focusing on benefits generation, cost optimization, and business competency building. In the information based society, what used to be called “knowledge based enterprises” are designed to transform raw data into information whose accuracy and authenticity are verified, and then refine information to knowledge, and business insight to run an intelligent business.
Information/knowledge cycles drive the emergence, extend through and beyond the scope of the organization. Information management is complex, it requires organizations to adopt more effective methods to obtain the most meaningful results from the data that generate value and accelerate business performance. The advantages of information analysis are based on “discovery and agility” - mining existing and new data sources for identifying patterns, events and opportunities continuously. Information based risk analysis is crucial to do pre-work for risk assessment and improve strategy management success rate. The better decision analysis approach is to embed analytics in decision making systems; leverage quality information, processes, and other decision tools as a "corporate knowledge base" to improve business performance. So information analysis can make a big difference in leading changes, catalyzing innovation.
Information synchronization: Running a business is about creating customers, making progressional movement. Fundamentally, there are two reasons to pursue change: become better at what you do, or become able to do something alternatively. With fierce competition and more selective customers, organizations acquire the information-based analytics and synchronization to reshape personalized products, services, and solutions almost real time for gaining competitive advantage. Information synchronization enables the organization to function like a living thing that is organic, holistic, energetic, coordinated, and consistent in the relationship with its environment. The organizational synchronization occurs when all parts of the choir sing their respective parts in harmony.
The synchronicity of the information management cycle is about processing and synchronizing information, refining knowledge, and capturing business insight to guide the company forward. With the introduction of information and application of intelligence, it is the aggregation and assessment of information that creates the intelligence required to define the business rules and strategies for driving the business forward effectively. Solid information management is an essential prerequisite to providing effective information - innovation synchronization solutions.
The power of information is to empower the business with real-time insight across the organization in ways never possible before. The ultimate goal is to ensure information-savvy organizations keep tapping their innovation potential, reshape innovative products, services, and personalized solutions to generate business value and improve customer satisfaction.
Information fluency: Regardless of how big or complex data is, it does not make sense if it is not converted into usable information for harnessing communications and fostering changes. Information/knowledge gets stale sooner than what you thought. Running an intelligent organization with information fluency means that the business has a rich flow of information, information has good enough quality; information is applied properly, and information has been refined into business insight or customer foresight with the aim of solving business problems and improving organizational agility and performance intellectually.
The information management leaders should keep checking: What information do we have, in what format and the location and method is it held? How to store, process, and refine information to generate fresh value? Does information quality become a critical problem that compromises the business’s credibility or is information management the core strength that enables the organization to manage opportunities and risks accordingly? More attention needs to be placed on the conditions that allow information to flow freely and generate value rather than try to manage or control information, So information fluency can improve organizational agility, and maturity.
Information analysis: It’s always crucial to refine information, identify, analyze and solve issues for the better of the company. Information based analysis helps the management calculate how well organizational investment repays the company, focusing on benefits generation, cost optimization, and business competency building. In the information based society, what used to be called “knowledge based enterprises” are designed to transform raw data into information whose accuracy and authenticity are verified, and then refine information to knowledge, and business insight to run an intelligent business.
Information/knowledge cycles drive the emergence, extend through and beyond the scope of the organization. Information management is complex, it requires organizations to adopt more effective methods to obtain the most meaningful results from the data that generate value and accelerate business performance. The advantages of information analysis are based on “discovery and agility” - mining existing and new data sources for identifying patterns, events and opportunities continuously. Information based risk analysis is crucial to do pre-work for risk assessment and improve strategy management success rate. The better decision analysis approach is to embed analytics in decision making systems; leverage quality information, processes, and other decision tools as a "corporate knowledge base" to improve business performance. So information analysis can make a big difference in leading changes, catalyzing innovation.
Information synchronization: Running a business is about creating customers, making progressional movement. Fundamentally, there are two reasons to pursue change: become better at what you do, or become able to do something alternatively. With fierce competition and more selective customers, organizations acquire the information-based analytics and synchronization to reshape personalized products, services, and solutions almost real time for gaining competitive advantage. Information synchronization enables the organization to function like a living thing that is organic, holistic, energetic, coordinated, and consistent in the relationship with its environment. The organizational synchronization occurs when all parts of the choir sing their respective parts in harmony.
The synchronicity of the information management cycle is about processing and synchronizing information, refining knowledge, and capturing business insight to guide the company forward. With the introduction of information and application of intelligence, it is the aggregation and assessment of information that creates the intelligence required to define the business rules and strategies for driving the business forward effectively. Solid information management is an essential prerequisite to providing effective information - innovation synchronization solutions.
The power of information is to empower the business with real-time insight across the organization in ways never possible before. The ultimate goal is to ensure information-savvy organizations keep tapping their innovation potential, reshape innovative products, services, and personalized solutions to generate business value and improve customer satisfaction.
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