The second issue of Information Governance World’s digital magazine has just been released. The magazine focuses on all aspects of information governance including best practise, privacy, security, analytics and of course infonomics. I was privileged to be asked to contribute to this issue and you can find my article on Page 54 here. Of course […]
This post has been adapted from Gartner’s Applied Infonomics: Seven Steps to Monetize Available Information Assets paper – November 2018, which is available in full from Gartner here: https://www.gartner.com/document/3893864 The “monetization of information” matters Although awareness of information’s potential to deliver more than operational and analytical benefits is increasing, data & analytics leaders rarely have the […]
Over 2,000 years ago the great Roman playwright Plautus said “You must spend money to make money” Is this true? Is the only way to make it in this world to have money to start with? Of course it’s not always the case but what you do need are strategies, people and tools that […]
LINQ’s Cost Allocation is an important new capability which establishes an economic baseline for your information ecosystem. The Problem Imagine a factory where the Directors have no idea what the Cost of Goods Sold is. Imagine a shop where everything has a price – but the shop owner has no idea what the wholesale cost […]
In this series of blog posts, we are exploring how a greater understanding of your information assets can help drive business value through by enabling successful digital transformation. The challenge that exists in the marketplace was described in this blog post; it is a challenge which is growing daily as the pace of change and the curiosity […]
As individuals, the privacy of the personal data we provide to organisations has never been a greater topic of discussion. As Kiwi organisations, our obligations under the current New Zealand Privacy Act are likely to change in the future in light of recent developments in the UK and Europe. These developments will also directly impact […]
In Part 1 we talked about the role Information Flow Modelling (IFM) has to play in a business which is having to respond to the new pressures presented by the digital economy. We also put some definition around the term so that we can understand the value this new visualisation provides. We then looked at […]
The road to digital transformation is dark and full of terrors…or so many would have you believe… It’s true that today’s organisations face more challenges than at any point in history, which will influence the approach to transformation. Understanding which are and are not important based on how they will disrupt the future is an […]
We’ve been reading Doug Laney’s new book Infonomics. You should too! It’s available on Amazon here. Doug is a vice president and distinguished analyst at Gartner’s Chief Data Officer practice. He knows what he’s talking about when it comes to understanding the value of information. Doug lays down a challenge to organisations large and small: […]
Information Flow matters to your business. If you don’t believe me, here’s a challenge. Ask these questions about your organisation: How does it use Information? How do decisions about Digitisation get made? What’s the most valuable Information Asset? Only a few organisations are in the information business. These information-centric entities sell information as their primary […]