Information management is
important as they help ensure regulatory compliance, support better management
decision making, assimilate new records management technologies and minimize
litigation risks. For any society or business to remain relevant in
a competitive market, it must embrace the effective management of information as
they provide a cheap and clear way to stay in touch with clients and partners.
important as they help ensure regulatory compliance, support better management
decision making, assimilate new records management technologies and minimize
litigation risks. For any society or business to remain relevant in
a competitive market, it must embrace the effective management of information as
they provide a cheap and clear way to stay in touch with clients and partners.
Some of the most notable
reason why information management is imperatives to the socioeconomic
development of the society include:
reason why information management is imperatives to the socioeconomic
development of the society include:
·
Safeguard information: Effective
information management systems are able to help in the preservation of vital
business information. Poorly stored records or data may easily be stolen, lost
to natural disasters or corrupted, and that is why good information management systems
should be used.
Safeguard information: Effective
information management systems are able to help in the preservation of vital
business information. Poorly stored records or data may easily be stolen, lost
to natural disasters or corrupted, and that is why good information management systems
should be used.
·
Foster professionalism: A business
that does not neatly organize its files or records is likely to lose more
clients. In order to avoid such things, the use of information systems should
be considered. Clients are likely to be attracted to a business entity simply
because of its professional presentation.
Foster professionalism: A business
that does not neatly organize its files or records is likely to lose more
clients. In order to avoid such things, the use of information systems should
be considered. Clients are likely to be attracted to a business entity simply
because of its professional presentation.
·
Improve efficiency and productivity: Good information
management systems are able to automate certain activities such as transactions
and security surveillance. This ultimately results in efficiency and more
productivity for a business.
Improve efficiency and productivity: Good information
management systems are able to automate certain activities such as transactions
and security surveillance. This ultimately results in efficiency and more
productivity for a business.
·
Save costs: Effective information management systems
eliminate the need for more manpower and this ultimately cuts down on certain
costs that may have otherwise been incurred. It also helps to achieve better
time management and accurate record keeping.
Save costs: Effective information management systems
eliminate the need for more manpower and this ultimately cuts down on certain
costs that may have otherwise been incurred. It also helps to achieve better
time management and accurate record keeping.
Conclusion
Information is
the life blood of any business or organization, yet most organizations struggle
to find what they need, when they need it, and how to manage what they
know. Information management is highly related to business
strategies, processes and business growth. It is not limited to a single
department in the organization or a particular set of employees. Information
management training provides insights into the value and concepts
of information management and the skills of records inventory,
retention scheduling, classification, storage, and in planning and managing a
records management program. Properly managed information helps in getting the
right information to the right person at the right time with speed and
accuracy.
the life blood of any business or organization, yet most organizations struggle
to find what they need, when they need it, and how to manage what they
know. Information management is highly related to business
strategies, processes and business growth. It is not limited to a single
department in the organization or a particular set of employees. Information
management training provides insights into the value and concepts
of information management and the skills of records inventory,
retention scheduling, classification, storage, and in planning and managing a
records management program. Properly managed information helps in getting the
right information to the right person at the right time with speed and
accuracy.
References
Bytheway, A. (2015). Investing in Information: the Information
Management Body of Knowledge, Geneva: Springer.
Management Body of Knowledge, Geneva: Springer.
Galbraith, J.R. (2007). Organization design, Addison Wesley
Mullins, L.J (2013), Management and Organizational Behaviours,
3rd ed., Pitman Publishing
3rd ed., Pitman Publishing