Information Management

1136 Words3 Pages

Information Management

Johannessen and Olsen (2010) noted “with this economic landscape, knowledge itself became a factor of production—specifically, knowledge related to identifying and exploiting new ways to establish temporary competitive advantage” (p. 502). Their observation reflects that under today’s business environment, the ability to optimize information is a significant factor that enables such companies to succeed their businesses. However, the use of information is more important than just limited in business practices, also for everyone living and other professional arenas (Badke, 2009; Turusheva, 2009). Educational institutions in which are responsible for teaching students to ingrain knowledge that uses for achieving their living and professional may need to focus on improving teaching students efficiently of using information competence that will enable students how to use information effectively and accurately.

The Change of Using Information

Today’s operating business, companies have changed the way of using information to sustain their performances entirely different from they used to do. Recently, companies used information that generated from research and development (R&D) either was a department inside the company or hiring any R&D company from outside. Information that a company received from R&D department typically based on the company’s need (Johannessen & Olsen, 2010). The new business strategy as customer centric in which companies operate their businesses by generating information through customers, prospective customers, and consumers to find their needs, and satisfy them (Johannessen & Olsen, 2010).

Companies also need improving their abilities broadly to find accurate and relevant informat...

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...ively using information also enables individuals to transfer tacit knowledge to other areas of living and working. Educational institutions may use the practice at the LLU to enhance students’ ability in effectively and accurately using information.

Works Cited

Badke, W. (2009). How we failed the net generation. Online, 33(4), 47-49.

Johannessen, J., & Olsen, B. (2010). The future of value creation and innovation: Aspects of a theory of value creation and innovation in a global knowledge economy. International Journal of Information Management, 30(6), 502-511. doi: 10.1016/j.ijinfomgt.2010.03.007

Russell, P. (2009). Why universities need information literacy now more than ever. Feliciter, 55(3), 92-92.

Turusheva, L. (2009). Students’ information competence and its importance for life-long education. Problem of Education in the 21st Century, 12, 126-132.

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