ADM 2372 Lecture Notes - Lecture 5: Uptodate, Tacit Knowledge, Crowdsourcing

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Document Summary

Levels, formats, and granularities of organizational data & information. Timeliness of data depends on the decision that requires it: real time data and real time information are immediate and up-to-date. Permit: smaller inventories, more efficient operations, faster diagnosis and solutions to problems, faster cycle times for cash, sales, deliveries & payments. Timeliness is the address complete including street, city, province, and postal code. Refers to the overall management of the availability, usability, integrity, and security of organizational data: businesses are required to have policies specifying accountabilities for data quality, security, privacy and as to who can access what data & information. The process through which organizations generate value from their intellectual and knowledge-based assets: codifying employees, partners & customers knowledge, cultivating and promoting of use of organizational knowledge that resides within human experts. Joint problem solving: novice and expert working together on a project.

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