Cost of Information
If you are an executive charged with a "big data project", here's a prediction. On your first week on the job you'll likely be surprised. And the surprise concerns what you'll actually spend your time doing.
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Would you like to learn a secret about how to be more successful in the coming year? Either personally, or as a manager or professional?
OK, this trashy "come-on" is only justified because it's almost year end (2012), and time for lots of management how-tos, especially "how to cope with information overload". Most of the advice is common sense, and if we are very disciplined, might even help us to be more effective.
But how about some advice that might actually work?
This blog post is about managing more effectively by considering the cost and utility of information. So much of our work every day is spent wrestling with information management. And information has a whole lifecycle, from identification of need, to acquisition, usage, curation and even secure destruction. In fact, much of common sense management advice is about better information management. (It's not for nothing that computers and software are collectively known as "information technology".)
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