ADMS 2511 Lecture Notes - Lecture 4: Master Data Management, Floppy Disk, Data Governance

• School: York University
• Department: Administrative Studies
• Course: ADMS 2511
• Professor: Mariovalteinos

Document Summary

We are awash in data, and we have to manage them and make sense of them: to deal with the growth and the diverse nature of digital data, organizations must employ sophisticated techniques for information management. Information technologies and system support organizations in managing- that is, acquiring, storing, accessing, analysing, and interpreting the data: when data is managed properly, they first become information and then knowledge. Therefore, one being able to apply their experience to use the information. First requisite is providing sound information that is useful to managers and staff, has to be high quality being accurate, complete, concise, accessible, relevant, consistent and timely. The amount of data increases exponentially with time. Data are scattered throughout the organizations and collected by many individuals using various methods and devices: frequently stored in numerous servers and locations and in different computing systems, databases, formats, and human and computer languages. Data comes in multiple sources: internal sources (ex.