"Do you simply have data about your company or do you have accurate information?"
Data is gathered for a purpose, the goal is to turn data into information and provide a basis for taking action. Did you know, that Information can make or break your business? Do you wonder how?
In the words of Peter Drucker - The Purpose of Information is not knowledge. It is being able to take the right action. Hence, Information is valuable because it influences a decision or an outcome.
For example, if a manager observes that the company's inventory has increased month over month, the manager uses t...
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