Furthermore, it contributes provides practices framework for IG to promote the use of IG in the big data challenges. This framework provided critical interrelationships and unified governance. Hence, the implementation of IG can help the organisation use the value of information to reduce risk and settle legal demands. Information governance reference model (IGRM) as a basic to build a strategy. () stated that IT play the different significant role within the IG
XYZ Fin-Tech Co. Knowledge Management Goals I. CAPTURE: To identify, create and capture critical knowledge requisite for the firm’s core activities II. RELATE: To ensure Knowledge flows smoothly across the organisation’s stakeholders from ones who have it to those who need it. III.
The knowledge discovery is an essential process in knowledge management. As stated by (Nonaka., 1994) knowledge discovery is aimed to find new knowledge that help in making decision based on available information within the organization whether the knowledge are explicit or tacit. Moreover, knowledge discovery is a set of procedures, practices and methods that must be followed in order to extract, organize, filter and establish relationship among information to support decision-making (Soundararajan, Joseph, Jayakumar and Somasekharan., 2005). Knowledge discovery and data mining are interrelated where the core objective is to find valid, useful, helpful and accurate information and use it to carry out the decision (Óscar Marbán1, Gonzalo
We live in a rapidly changing information society. The need for more and better information will only continue to grow. Technology make an application that create new methods to solve problems, perform tasks, and manage communication. It is the use of computers and software to manage information. Information technology plays a major role in the 21st century world.
Strategic Organizational Development Organization is a group of people with a common goal. Each organization has a vision, mission, values, and strategy. All these elements determine organizational structure which defines the way an organization works in order to implement the strategy to achieve the mission. Organizational structure determines hierarchy, the way the power and authorities are distributed; roles and responsibilities are assigned; processes are controlled and coordinated; communication and information flow; resources and knowledge are shared; the way decisions are taken. Organizational structure alters and adjusts according to the company 's goals and strategy in order to maximize performance effectiveness.
To begin with knowledge, knowledge is a combination between data and information, and is a power for each person (Uriarte, 2008). Organization should be focus on knowledge management. Knowledge management refers to share the knowledge within the organization by the process that transfer knowledge from tacit to explicit. Tacit knowledge means people
The International Organization for Standardization (ISO) 15489 (2001) explained records management as the field of management responsible for the efficient and systematic control of the creation, receipt, maintenance, use and disposition of records, including the processes for capturing and maintaining evidence of an information about business activities and transactions in the form of records. Records management is very essential as it helps individuals, organizations, and academic institutions to work effectively, efficiently and serves as the hub in information management. Records management therefore is an important function of an organization. ISO 15489 (2001) opined that good and proper recordkeeping is evidence of a well-governed organization and should be seen as an integral part of, rather than incidental to, any business. In terms of strengthening corporate governance and promoting good management practices, the merits of sharing good records management practices is obvious to its organizations (Government Records Service, 2011).
To facilitate access to them, secondary tools and techniques are developed involving intellectual organisation of such information and knowledge. So intellectual aspects and fundamental aspects of organisation are important and its implications in Information Storage and Retrieval Systems is crucial. If the concept ‘intellectual organisation of information’ is examined from a broader perspective, i.e. almost from the generation
Importance of personnel management is in reality the importance of labour functions of personnel department which are indispensable to the management activity itself. Because of the following reasons human resource management holds a place of importance. 1. It helps management in the preparation adoption and continuing evolution of personnel programmes and policies.
ROLE OF INFORMATION TECHNOLOGY IN HUMAN RESOURCE MANAGEMENT DEPARTMENT OF AN ORGANIZATION INTRODUCTION There Social and organizational changes in the business world are numerous and very extensive. Based on that, it is necessary for human Resource Management (HRM) to be extensive, high in quality, quick, adaptable and in accordance with approaching patterns of global trends on the grounds that it is one of the parameters of success in business and gaining competitive advantage. Utilization of Information and Communication Technology turns into a basic factor for HRM, and other activities and department in an organization. Enterprise Resource Planning (ERP) is broadly connected in Human Resource departments. For example, organization can