Abstract
Information is becoming a strategic resource. It is an existing prospect for the information professional to add real value to information and contribute more directly to an organization‟s strategic decision making. Public organizations are using information to harness their resources. This study is aimed at exploring the various benefits of information management in an organization. Information management is the management of organizational processes and systems that acquire, create, organize, distribute, and use information. This paper looks at the information resource management plan and why it is necessary for the growth of the business. Useful recommendations on the need to include information resource management in the overall organizational plan were made.Keywords: information management, information management, organization, strategic planning
Highlights
In the last three to four years, organizations have witnessed the evolution of what used to be basic, standalone inventory management techniques and tools into a complex and wide-ranging management system for enterprise IT asset management and control
Configuration, deployment, and financial information related to the organization‟s IT assets required a holistic approach which has come to be known as Infrastructure Resource Management (IRM) ( IBM limited, 2003)
If the infrastructure does not provide for the effective creation, use, management, access and delivery of relevant data, the organization will be totally frustrated in its efforts to capitalize on its base of information
Summary
In the last three to four years, organizations have witnessed the evolution of what used to be basic, standalone inventory management techniques and tools into a complex and wide-ranging management system for enterprise IT asset management and control. An effective strategic IRM plan describes an organization's information requirements and strategies for satisfying them and can yield the following benefits: development of systems that are targeted to support strategic and operational objectives; increased integration of technologies, which improves the sharing of information across the organization and makes it easier to obtain information for changing decision-making needs; identification and adoption of appropriate information technology standards, minimizing dependence on specific suppliers of hardware or software; identification of opportunities to improve the relevance and adequacy of information provided and activities performed; a technological infrastructure that will support the strategic business plan; minimization of duplicate, and possibly inconsistent, data and processing capabilities within the organization‟s portfolio of information systems; prioritization of projects to be implemented; and greater costjustification of system development and maintenance activities. Are ten ways to use information resource management as highlighted by Skyrme (1994)
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