Friday, July 30, 2010

The importance of managing information

Society is bombarded with data. Often so much information is received and as a result we feel overloaded! There's e-mail, web processing, instant messaging, voice mails, and a myriad of other means of communication that are constantly streamed to us daily. Dealing with the organization and management of information can be frustrating and make us want to pull our hair out, but nonetheless, it must be given serious attention.

Businesses are driven by data, and the information derived from data is an extremely valuable asset in today's environment and most organizations are dependent on its availability and accuracy. The electronic age has brought new challenges in managing information that previously was non-existent prior to computers and the Internet. While technology has generated higher efficiency, access, and integrity with the newer ways to organize and manage information, it can be overwhelming. Managing data information has become a job in itself, yet it is an important one.

In today's global economy, networks have created ways to rapidly transmit data. As a result managers must be able to obtain current data quickly in order to make informed and up to date decisions. This requires readily accessible information at their fingertips in order to analyze. Instantaneous recall information is often crucial, and in order to achieve this, efficient file management is a must. How can information management be effectively orchestrated?

In days past people used notebooks, filing cabinets and other manual file management systems. Unfortunately in today's competitive atmosphere this is counter-productive. The key to solving this dilemma is to install information systems that can acutely address business processes and meet the organizational goals in a timely manner. Software applications have revolutionized the way data is sorted, collected, stored and analyzed. Managerial understanding of how these programs can increase the value in a business is critical in order to remain viable in any competitive industry. Another benefit to this is that it gives the organization a shared knowledge base, something that was absent when working off of filed papers.

Information systems are implemented to manage data and turn it into something valuable - knowledge. A word of caution - computerized information management is only useful if strategically implemented. Misinterpreting the benefits of this will result in poor organization of information. If the latest technology is put into place without being in sync with organizational needs, it will be useless and this form of information management will create more liabilities than benefits. While the technical aspects are significant, what's more important is being able to correctly identify mission objectives and properly assess what is entailed in task processing. When this is sufficiently analyzed, it's easier to put together information systems that can reflect and meet the needs of the company.

An organization that is effectively is able to generate knowledge from data to and turn it into valuable information is well on its way. Information today is driving society. Finding the solution to successfully managing it, however, is the gateway to unlimited potential.




SOURCE:
http://www.helium.com/items/637629-the-importance-of-managing-information

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