Valuing Organizational Information

When  we addressing a significant business issue, employee must be able to obtain and analyze all the relevant information so they can make the best decision possible. Organizational information comes at different levels and in different formats and "granularities"

Information granularity

• refers to the extent of detail within the information (fine and detailed or coarse and abstract)
• employee must be able to correlate the different levels, formats and granularities of information when making decisions. For example is if employees are using a supply chain management system to make decisions, they might find that their suppliers send information in different formats and granularity at different level.

The Value of Transactional and Analytical Information
Transactional information 
-encompassess all of the information contained within a single business process or unit of work
- primary purpose is to support the performing of daily operational task. 

Analytical information 
-encompassess all organization information
-primary purpose is ti suppport the performing of managerial analysis task
- includes transactional information along with other information such as market and industry information. 

The value of timely information 

• REAL TIME INFORMATION means immediate, up to date information.
• provide real time information in response to query request.
• many organization use this system to exploit key corporate transactional information

The value of quality information

-the database maintains information and provide users with essay access to the stored information. 
-several issues with low quality information including: 

a) Missing information that consist of accuracy, completeness, consistency, uniqueness and timeliness. 
b) incomplete information

c) probably duplication of information

d) potential wrong information 

e) inaccurate information 

HIGH QUALITY INFORMATION WILL IMPROVE DECISION MAKING!!!