This article discusses the importance of information management unit in organizations and how it helps in decision-making, planning, and control. It also highlights the benefits and uses of the unit, including its impact on performance, productivity, and efficiency.
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Running Head: USE OF INFORMATION MANAGEMENET UNIT USE OF INFORMATION MANAGEMENT UNIT Name of Student Name of University Author’s Note
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1USE OF INFORMATION MANAGEMNT UNIT Committee: Intelligent Solutions Topic: Use of Information Management Unit Country: Australia Delegate: An organization consists of various departments; these departments have their individual functions that help them to meet the aims and objectives of the organization. The information management unit manages the information regarding the organization, its departments and the functions performed by the departments. According toLaudon and Laudon, (2016)the information management unit plays the role of heart in an organization. Organizations need to invest enough in order to keep the system updated so that the new information regarding the design or functioning of the organization is added after every new activity occurs. As stated byLaudon and Laudon, (2016)some software such as EAMbrace Asset Management is used by organization in order to manage information in an efficient manner. The information management unit ensures that the exact information is collected from different sources; the information is then processed and sent to the destinations that need it. Information management unit is very helpful for the organization. The uses are as follows According toCassidy, (2016)the information management unit satisfies the needs of an organization with the help of various systems such as analysis system, decision support system, query system and modeling system. Theunithelpstheorganizationinoperationalcontrol,managementcontrol, transaction processing and strategic planning. The information management system is answerable to the queries regarding the transaction and the status of a definite record.
2USE OF INFORMATION MANAGEMNT UNIT Theinformationmanagementunithashelpedthepersonnelpresentinjunior management unit by providing operational data, this is data is used for planning, controllingandscheduling(Cassidy,2016).Thisasaresulthashelpedthe organization in decision-making to control a situation that is out of control. This clarifies the importance of information management unit for the organization. As opined byPearlson, Saunders and Galletta, (2016)the information management unit helps middle management in planning for short-term goals of organizations; it also helps the organization in setting targets and controls the business functions. This is done with the help of management tools of planning as well as control, which is a vital part of information management unit. The information management unit helps top-level management in setting a goal for the organization, in evolving various business plans as well as their implementation and strategic planning. Information management unit is very valuable for the organization. The cost incurred in managing it is high but it is very important for the organization. The reasons are as follows Information management unit is very beneficial for the organization. It has an impact on organization’s performance, functions and productivity. Excluding the information managementunitwoulddegradethequalityofperformancedeliveredbythe organization. According toGitman, Juchau and Flanagan, (2015)the cost incurred in installing and maintaining the information management unit is quite high but later on, thecostdropsandprovidesmanybenefitstotheorganization.Information management unit uses networks that help the organization to decrease the cost incurred in various transactions. This makes the transaction worthwhile for the organization and reduces external suppliers by using internal resources.
3USE OF INFORMATION MANAGEMNT UNIT The organization keeps an information management unit for improving the overall effectiveness and the efficiency of a definite process. The unit helps the organization in speeding up the processes that are undergoing at that moment (Gitman, Juchau and Flanagan, 2015). For example, the introduction of Automatic Teller Machines has been a great success for people as well as organizations. The overall process has become smoother. The most important use of information management unit is that the unit provides information instantly. No manual action is required for extracting any information. The unit does it for the person or department that needs it. As opined byGitman, Juchau and Flanagan, (2015)an information management unit is very essential for maintaining the relation between customers and the supplier intimacy. The queries of the customers should be answered as early as possible. The informationmanagementunitdoesthisbecauseotherdepartmentshavetheir individual tasks. The unit is responsible for managing and providing information to the desired person or department. The information management unit helps the organization in decision-making. This is done by delivering the information a department needs and models the results of the decisions taken. The organization has to choose a decision from a set of decisions (Cassidy,2016).Thedecisionshavetheirindividualconsequencesonthe organization. The decision having the most positive impact on the organization is chosen. The information management unit does this choosing of decisions. Thus, it can be concluded that information management unit is very important for the organization and it should not be detached from the organization because the cost incurred in it is quite high. The importance of this unit for the organization should be noted and it should
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4USE OF INFORMATION MANAGEMNT UNIT be allowed to function within the organization in order to increase the productivity of the organization.
5USE OF INFORMATION MANAGEMNT UNIT References Cassidy, A. (2016). A practical guide to information systems strategic planning. Auerbach Publications. Galliers, R. D., & Leidner, D. E. (2014). Strategic information management: challenges and strategies in managing information systems. Routledge. Gitman, L. J., Juchau, R., & Flanagan, J. (2015). Principles of managerial finance. Pearson Higher Education AU. Laudon, K. C., & Laudon, J. P. (2016). Management information system. Pearson Education India. Pearlson, K. E., Saunders, C. S., & Galletta, D. F. (2016). Managing and Using Information Systems, Binder Ready Version: A Strategic Approach. John Wiley & Sons.