The ability to transform data into insights
Thursday, April 8th, 2010
The recent article by McKinsey addresses the challenges the Chief Information Officers face in managing corporate information and knowledge.
The ability to transform data into insights to help manage a company is the domain of corporate business intelligence, which consists of the processes, applications, and practices that support executive decision making.
It’s a challenging mission because for all the data flowing through companies, executives often struggle to find the information they need to make sound decisions.
At the heart of these difficulties are inadequate executive information systems, supposedly designed to help top management easily access pertinent internal and external data for managing a company.
We can all relate to the magnitude of this problem. The sheer volume of information itself has become a challenge and managing this vast pool of information is another challenge. And then is the crucial issue of dynamic and contextual access to information across corporate systems.
* This mind map was produced using Comapping online collaborative mapping software with Context Organizer automatic summarization.
Try Context Organizer summarization power and get the essential facts at a glance. Instantly.
Download and try out Context Organizer for free today.
Sign up for Comapping for free today
Posted by Henry | No Comments »


