Costs and benefits of the optimisation of data flow in theory and practice of information management

Inhaltsverzeichnis (Table of Contents)

• Aim of this work
• Background and key terms
• Data Information - Knowledge
• Management
• Costs and benefits
• Costs
• Benefits
• The information paradox
• Fundamental principles of information management
• Definition of information management
• Tasks of information management
• Information Economies and Data Flow
• The Management of Information Economies
• Data flow management
• Overview
• Information requirement analysis
• Key term, objectives and background
• Procedures
• Background
• Subjective procedures
• Objective procedures
• Mixed procedures
• Communication requirement analysis
• Key term and background
• Methodology
• Concerns
• Information quality
• General criteria
• Criteria of information for management
• Systemisation of information quality
• Information security
• Background and aim
• Measures to protect information
• Storage of information
• Evaluation of the optimisation
• Management Information systems (MIS)
• Definition and background
• Tasks
• Operating on different levels
• The need for different levels
• The levels of a MIS
• The personal information system (PIS)
• The work group information system (WIS)
• The organisational information system (OIS)
• Further parts of a MIS
• Decision Support Systems (DSS)
• Knowledge Systems (KS)
• A optimisation of data flow for art decorⓇ
• History and business of the organisation
• Data Flow analysis
• Preface concerning methodology
• Analysis and recommendations
• Organisation and communication structure
• The main office
• Chain stores
• Stock and inventory
• Sales at mall events
• Implementing a MIS?

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This diploma thesis explores the costs and benefits of data flow optimisation within the framework of information management. The study examines these aspects in both theoretical and practical contexts, focusing on the implementation of an information management system within a specific organization. The key themes of this work include:
• The relationship between data, information, and knowledge within the context of organizational management.
• The identification and analysis of costs and benefits associated with optimizing data flow in information management.
• The exploration of fundamental principles and tasks of information management, emphasizing the importance of information quality, security, and storage.
• The examination of information economies and data flow management, including procedures for information requirement and communication requirement analysis.
• The application of information management systems, specifically Management Information Systems (MIS), in optimizing data flow within a specific organization.

Zusammenfassung der Kapitel (Chapter Summaries)

This work begins by defining the aim of the study and introducing key terms related to data, information, and knowledge management. The information paradox is discussed, highlighting the challenges and opportunities associated with information overload. Chapter 3 delves into the fundamental principles of information management, defining its purpose and outlining its key tasks. Chapter 4 expands on information economies and data flow management, exploring techniques for information requirement and communication requirement analysis. This chapter also addresses concerns regarding information quality, security, and storage. Chapter 5 focuses on the application of Management Information Systems (MIS) for optimizing data flow. The chapter discusses the different levels of MIS, including personal, workgroup, and organizational information systems. The final section examines the specific case of "art decorⓇ," analyzing its data flow and recommending potential MIS solutions.

Schlüsselwörter (Keywords)

The central themes of this diploma thesis revolve around information management, data flow optimization, costs and benefits analysis, information economies, information quality, information security, and the implementation of Management Information Systems (MIS) within an organization. The study utilizes real-world examples to demonstrate the practical application of these concepts.

Frequently Asked Questions

What is the "information paradox"?

The information paradox refers to the challenge where organizations have an abundance of data but still lack the specific information needed for effective decision-making.

How can data flow be optimized in small enterprises?

Optimization involves analyzing information and communication requirements, improving data quality, and implementing tailored Management Information Systems (MIS).

What are the benefits of optimizing data flow?

Key benefits include more efficient daily business operations, better customer value delivery, and improved information security, although these are often hard to measure in purely monetary terms.

What is a Management Information System (MIS)?

An MIS is a system used to provide managers with the tools to organize, evaluate, and efficiently manage departments within an organization across different levels (personal, workgroup, and organizational).

Why is information quality important?

High-quality information ensures that management decisions are based on accurate, relevant, and timely data, reducing risks and operational errors.