The competitive advantage that information

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Arzina111
Posts: 51
Joined: Sat Dec 07, 2024 3:04 am

The competitive advantage that information

Post by Arzina111 »

We make decisions every day, sometimes we do it almost without thinking, other times we think about it a thousand times before, but we are continually forced to decide . Making the right decision means choosing the best among several alternatives , and a good decision is always based on good information .

So the more information we have about options, the more informed our decisions will be. But we live in a world where data is easy to come by – just search on Google and we will find a whole universe of options about what we are looking for.

At the same time, a large number of public institutions are working hard to comply with transparency legislation , which requires them to offer an online Transparency Portal , from which it is often difficult to extract data if one is not used to it.

It is about accessing huge databases , but who denmark email address knows where to find each thing? This is why it is necessary for professionals to specialize in data journalism , who delve into the jungle of available information to obtain something newsworthy, noteworthy or useful.

Too much information can cloud judgment (almost certainly), so it is important to differentiate between access to information and relevant information: our efforts should not be directed at obtaining a lot of information but at knowing how to find the information necessary for a good analysis of the situation that allows us to choose the best option. We must prioritize the useful information over the available information .

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can bring is explained by Bill Gates in his book ' Business @ the Speed ​​of Thought ': “How we collect and manage information will determine our losses or gains. There are now more competitors, more information available about them and about the market, which is global. The winners will be those who develop an intelligence system, so that information and knowledge can easily flow through their companies so that they can constantly learn.”
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