Why Manage and Integrate Information Capital
Enterprises have much to gain by properly organizing and leveraging information to provide value. Information is not managed properly for support, integration, and utilization in today’s enterprise.
Enterprises must manage information capital from two perspectives
One of the rules for 21st century management is to organize and manage capital for high utilization and return. This means that information capital must be managed from two perspectives:
- Information must be organized and managed as capital for development, support, and maintenance to increase capital worth
- Information must be integrated and provided as solutions to be utilized to create value in results for the return
In today’s enterprise, information capital tends to be managed by various functions, like Information Technology, accounting, human resource administration, and corporate planning. Information tends to be part of a functional duty, rather than a capital management responsibility.
Information tends to be provided as a by-product of implemented systems and processes or otherwise made available, rather than provided as specific solutions delivered when and where needed. There are no integrating entities that precisely describe the business. Therefore, information is provided on a multitude of entities used by various information systems to describe the enterprise, creating large information complexity, data reconciliation, and information integration problems.
Many enterprises manage corporate business information as technology, rather than as capital to be utilized, preventing the proper management of information as capital to be improved and developed, and management of information solutions that must be delivered where needed to produce value in results.
Use R-pM to both manage information as capital of worth, and also the deliver information solutions to produce results of value
Result-performance Management (R-pM) provides the means to both organize and manage information capital by professionals with the needed capability and also to integrate and deliver information capital solutions to support other solutions and to produce value in results. Read more in How to Manage and Integrate Information Capital at the 21st Century Management Magazine at R-pM.net.
21st Century Management eliminates 20th century problems
Result-performance Management (R-pM) eliminates information complexity problems and other costly 20th century problems. Slash costs, simplify business management, and boost competitive advantage through R-pM, the conventional method for 21st century management.
Download your 21st Century Management Manual today
Your 21st Century Management Manual, The R-pM Toolkit, is available today and is under continual development to expand and refine 21st Century Management. Get your R-pM Toolkit, and future updates, at result-performance-management.com.
