Information-Driven Business: How to Manage Data and Information for Maximum Advantage Review

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Information-Driven Business: How to Manage Data and Information for Maximum Advantage ReviewI really enjoyed reading the book. There is so much wisdom in it.
The book brilliantly combines a broad historical view of information management foundations with cutting edge nowadays advances in Information Governance including the notion of Economic Value of Information the author pioneered. The book is a great source for business executives, information technology professionals and others who want to better understand the role of information in our society and for the corporate world. I am sure the book can be beneficially used as a text book for students for classes aiming at the foundational concepts in information management.
The book covers modern strategic foundations of information management including data modeling, applications of information entropy, the role of information governance, information as a valuable asset, data quality, layers of enterprise information, master data management, and others

The book provides some very useful tactical pieces of information useful for professionals looking to justify corporate investments in information centric initiatives. For instance, the book provides rule of thumb estimates for information assets expressed in percentage of the market value of the enterprise. The author gets to specifics on what it means to measure information as an asset with the level of detail unlikely to find in other books.

Some rules articulated in Chapter 12 are profound and need to be understood by practitioners implementing master data management solutions. Among them is the following rule: "The most important thing is that any technology solution to Master Data does not permit overwrites, rather all changes are tracked." Indeed, this statement is profound and should drive some key solution design decisions for master data management.
Chapter 13 talks about information quality. The author provides very good insights into the current state of information quality measures and provides actionable recommendations on this very important and in the same time tricky matter.
I highly recommend this book!
Information-Driven Business: How to Manage Data and Information for Maximum Advantage Overview

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