Information: The Key to Effective Management

The role of information within management is in a state of dramatic transformation. Managers must grasp and act on the implications of this change if they are to maintain their competitive position both corporately and as individuals. Information technology continues to develop at an exponential rate. But it is only an extension of what has gone before, and should be understood and used in this light. Vastly more information relevant to managers is now accessible than ever before, particularly through the use of electronic databases and networks. A selective listing of major business information databases is provided. Individual managers, whatever their function, must learn to take full advantage of the information resources available to them, and do so continuously as part of their management techniques. Organisations must develop an information strategy and corporate structure which ensures the fullest use of internal and external resources. The position of the librarian within this overall task remains well‐placed, although his relevance and role remain very much a question for his own initiative.