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Today, businesses must work smarter, not just harder - and to do it, they must use information to compete. With ever-greater demands on data resources,
organizations need to derive greater value from their existing information. Scattered throughout the organization are individuals who have information key to solving critical business issues. Isolated from one another, these pieces of information may have little value, but combined, they can provide significant insight and competitive advantage.1
The current tough economic environment requires companies to build an information management capability that positions them for future competitive advantage. Organizations that act now will be in a far better position when economic conditions improve: they will know how to better manage efficiency, productivity, and costs, and they'll be able to innovate quickly in fast changing markets. For most firms, it's not a question of if they'll address their information management capabilities, but when - and how much it will cost.
Organizational leaders must quickly situate their company on the information management continuum and triage their current situation. What are your current business imperatives, time horizon, and gaps between the current and desired future state? The journey toward better and more valuable enterprise information management is a continuous process, and it's a journey that is unique for every company.
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