Business Ideas on Basis of Information Orientation Priyajeev Trika

PriyaJeev Trika conducted research with many firms and that identified three critical factors driving successful information use. These three capabilities contain 15 specific competencies.

The three “information capabilities” combine to determine how effectively information is used for decision making:

1. Information behaviours and values. This is the capability of an organization to instill and promote behaviours and values for effective use of information. Managers need to promote integrity, formality, control, transparency, and sharing, while removing barriers to information flow and promoting information use.

2. Information management practices. Managing information involves sensing, collecting, organizing, processing, and maintenance. Managers set up processes, train their employees, and take responsibility for the management of information, thereby focusing their organizations on the right information

They take care to avoid (or at least minimize) information overload, improve the quality of information available to employees, and enhance decision making.

3. Information technology practices. IT infrastructure and applications should support decision making. Consequently, business strategy needs to be linked to IT strategy so that the infrastructure and applications support operations, business processes, innovation, and decisions.