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Process 

People Process Organization Culture Leadership Information Technology

Most firms found that when they went to a new level of detail and sophistication with their information, the information processes were no longer efficient and in some cases completely invalid. There were several factors involved in this change:

  • The source of the information changed
  • The level of detail available changed the inherent process
  • The new information changed the strategy, which further changed processes
  • Acquiring the right information changed its application
  • The new information changed the management process
  • The new information changed the measurement process
  • New information applied to customers changed the customers’ behavior
  • New information changed the speed of the process
  • Availability of information changed the organizations involved in a given process
  • Availability of information completely erased a process
  • Availability of information added a process