Introducing a new approach for managing information in the digital economy
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The document discusses the need for organizations to manage information as a key asset in the digital economy. It notes that most organizations currently are not equipped to leverage information to its full competitive potential. The document outlines an approach for measuring the value of information assets, organizing to manage them, governing them differently, and orchestrating their valuation over the organizational journey of focusing on information as a strategic asset.
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Introducing a new approach for managing information in the digital economy
- 1. ©InfoSightPartners,2016,AllRightsReserved A new Information Approach for the Digital Economy Welcome to the Exponential Age Refocusing the management of information assets in the digital economy Potential ValueBusiness Processes Information Achieved Value Raw Data
- 2. ©InfoSightPartners,2016,AllRightsReserved • We are in the midst of what is being called the fourth industrial revolution. In the past, machinery and mechanical products could be redeployed for new purposes. Communication was limited by technology. • The exponential age is different in that digital products can be deployed for new purposes. The technology barriers limiting communications are rapidly falling. In the exponential age, the deployment of new products and the wide disbursement of communications about these new products happens much more quickly in the past. • In the exponential age, information is a key differentiator. However, most organizations are not equipped to wield information as an organizational asset with competitive implications. • The materials provided to wield the information required for the exponential age are accessible through the following menu. Click on the title to access that section of materials.. What is the Exponential Age? Uber, Google, Amazon and Airbnb manage information assets Are You Ready?
- 3. ©InfoSightPartners,2016,AllRightsReserved • Welcome to the Exponential Age • Managing Information as an Organizational Asset • Measuring the value of Information Assets • Organizing to Manage Information Assets in the Digital Economy • Governing Information Assets Differently • Orchestrating the valuation of Information Assets in the Digital Economy • The Journey to Managing Information Assets in the Digital Economy Sections
- 4. ©InfoSightPartners,2016,AllRightsReserved • Welcome to the Exponential Age • Managing Information as an Organizational Asset • An approach to measure the value of information assets • The leadership roles required to manage information differently • The shifted focus in Governance • Ensuring the process is sufficiently repeatable and predictable to stand up to an audit • The Journey to Managing Information Assets in the Digital Economy To be addressed in migrating to a Information Management approach Approach Strategy Measure Organize Govern Orchestrate Journey
- 5. ©InfoSightPartners,2016,AllRightsReserved Thank You Q & A ©InfoSightPartners,2016,AllRightsReserved InfoSight Partners’ mission is to facilitate the journey companies take to gain focus into the value of their information assets. Once this journey is started, a new approach to managing the organization’s information assets gains clarity.