Paul Strassmann, the creator of the Information Productivity metric, makes his 5 key recommendations (5 Steps to Improve Your Information Productivity) for improving information enterprise management (www.BaselineMag.com):
1 – Make the tough decisions. Since costs are a key factor in Information Productivity, companies need to know how to cut their losses on projects that aren't delivering. If management spends too much time trying to fix a project, the time and costs involved will quickly add up and eat the savings the project was expected to generate.
The solution is to either eliminate the project or scale it down to something manageable and less expensive. Either solution will save money.
“Cutting your losses is the quickest way to improve Information Productivity,” Strassmann says. “That rule accounts for everything.”
2 – Cut the fat. Information Productivity is calculated by taking a company's Information Value-Added
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