Saturday, 26 September 2015

           Valuing Organizational Information
Chapter 6

Organizational Information

Information is everywhere in an organization

Employees must be able to obtain and analyze the many different levels, formats, and granularities of organizational information to make decisions

Successfully collecting, compiling, sorting, and analyzing information can provide tremendous insight into how an organization is performing

Information level

:include individual, department, and enterprise

Information formats

:include document presentation, spreadsheet, and database

Information granularities

:include detail, summary, and aggregate

Transactional information 

encompasses all of the information contained within a single business process or unit of work, and its primary purpose is to support the performing of daily operational tasks

Analytical information 

encompasses all organizational information, and its primary purpose is to support the performing of managerial analysis tasks

Timely information

Information that depends on the situation
Real-time information is immediate, up-to-date information
Real-time system is provides real-time information in response to query requests

Quality information

Business decisions are only as good as the quality of the information used to make the decisions
You never want to find yourself using technology to help you make a bad decision faster

Characteristics of high quality information

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