MAELM 213 Lecture 18: Principles of Effective Information Management System Study Guide (Management Information System)

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19 Jan 2022
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Why are good data and information management important?1. Data and information are critical for making the right evidence-based decisions, whether for research, policy development or business investments, or to ensure accountability to parliament and the public. Government departments and agencies collect, generate, store and use vast amounts of data, some of which have been obtained over a long period at a considerable cost. What are the principles of an effective information management system?2. Principle 1: information is recognized as a valuable asset. Information assets are critical to decision making and service delivery in government. Like other assets, information needs to be managed, maintained and have its value maximized. Key implications: agencies develop a register of significant information assets, information is included in and linked to organizational strategic planning, staff are educated and encouraged to exploit information to the fullest. Principle 2: significant information assets are managed by an accountable custodian.