Sunday, February 1, 2009

Value of information and knowledge

Hello guys...
Xinnian kuaile (*.*)
If you guys still remember what we have learn in MIS class before CNY holiday, we have covered the "information and its uses" and the lecturer have started the class by asking what is "information". So, now I would like to share with all of you about the value of information and knowledge...
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We need information to help us to make correct decisions. Without the right information, the decision that we made is more risky and uncertain. According to Oxford dictionary, knowledge is the application and synthesis of different sources of information that achieves a greater understanding.
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Is your level of expertise in using information good enough for the tasks you are doing? How to improve your achievement of information goals? There are several key factors that need to bear in mind in order to use information correctly. These are that, information is only have a value if it is:
  • Of the right quality, that is appropriate to the task.
  • At the correct level, the level of detail that is appropriate.
  • Timely, available when it is needed.

In the reality, normally you cannot gather 100% of the information required in the time that is available before a decision has to be taken. Hence, you must prioritize your information needs and put the appropriate effort into gathering what is improtant to the task or decision rater than obtaining information that is easily gathered. Finally, if you still never seem to be able to get it right, you need to revised your objective of obtaining information..is it have clearly define? Then only you can achieve the right information.

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P/S: Do not hesitate to leave ur comment guyz...

1 comment:

  1. I 100% agree with sha.Information and knowledge is a crucial thing that each and everyone need to have and know how,when and where to use it.

    I just want to add,from a research found that to form an excellent organization,the employer need to give a higher power to the employees.This is because,employees is the one who have the information and knowledge.

    Is not the system who will think about tough economy,lack consumer confidence..but it is the employee who use their knowledge and info to counterback this situation.

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