Technology has now caught up. The transition to the 3rd Platform (mobile computing, social media, cloud computing, and Big Data and analytics) is digitally transforming nearly every aspect of individuals’ and enterprises’ lives.
Every organization is now a digital business. Information flows feed every business process. Its information is an asset and its digital currency.
Information is, in fact, our greatest asset from a business perspective. Information-enabling every part of the business allows enterprises to scale digitally in a way they could never before.
Organisations that do not have a culture of treating information as an asset are likely to befall a catastrophic change as their competitors make use of the information they ignored.
Effective management of information, however, requires a strategic approach that puts people and people processes at the centre.
Managing information is a delicate dance of collecting, sharing, and monetizing that information where it makes sense. It is what can be derived from information that is the key.
