Question

Suggest three to four (3-4) ways in which organizational performance may be improved when information is properly managed within a business system. Provide support for your rationale.

Answer 1

Ways by which organizational performance may be improved when information is properly managed within a business system:

1. Employee Management: Employees are very important for any organisation to run there business successfully. Human resource management is vital for getting high and efficient performance from the employees, contractors or vendors. Factors like working hours, salary, employee training and performance management are decided by Hr team.
2. Work Environment: Work floor management and the whole atmosphere of the working place also decides about the working efficiency of the work force. A cool, friendly and healthy competitive environment makes way for efficient performance of the organisation.
3. Market research: the market research should be an ongoing process. Customers needs and interests should always be studied to apply any changes in the products if needed. Customer satisfaction is the key factor for growth of any organisation.
4. Latest technologies: organisations should always seek to upgrade technologies and its use to make its process more efficient and effective. Technologies help in saving time and efforts, also helps in maintaining accuracy levels both in terms of communication or production services.