Jinfo for information strategy
Jinfo Blog
26th January 2018
Abstract
What are our top three themes for information managers to address in the coming year? Find out from our director of research, Robin Neidorf.
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2018 marks the third year Jinfo has offered our "state of the industry" overview of the most important themes for information managers to address in their strategy, goals and projects for the coming year.
In past years, our state of the industry has focused on types of projects we recommended prioritising due to their importance for information teams to underscore their value. This year, however, we focus on types of solutions we recommend leaders turn to, in order to address challenges in a wide variety of areas.
Whether your biggest challenge is demonstrating ROI, improving the visibility of your expertise, drawing closer to customer groups or getting a handle on the world of data analytics, we recommend considering these three types of solutions:
1. Position yourself as an in-house consultant
Whether a solo operation or a global team with headcount in the dozens, the best information teams are the ones that position themselves as in-house consultants on content, data, research and professional information skills. When considering how to address any operational challenge, an effective starting point can come from asking the question, "If we were an information consulting firm, how would we go about this?"
2. Re-engineer your services
There isn't an information department anywhere that avoids the problem of limited resources. The best information teams, however, stare down the challenges of capacity and tame them through rigorous re-engineering efforts. They follow the mantra of "streamline, outsource, automate, push back, stop doing".
The result? They don't just do MORE with less; they do BETTER with less.
If your problem suffers from the minimal mental energy you can put towards solving it, service re-engineering is the solution for freeing up resources.
3. Focus on fundamentals
The importance of information expertise to organisations, now and in the future, will not come from branching into wholly new directions; it will come from our ability to focus on the fundamentals of what makes information expertise unique:
- Source expertise
- Technology expertise
- Value expertise.
No other department in an organisation will bring these fundamentals to the decision-making process. Finding how the fundamentals apply to new systems, projects and initiatives is a critical strategy for a successful information team.
View to the future
Strategy means more than laying out your major initiatives and workplan for the next 12 months. It means examining trends and projecting how they may play out 3 years or 5 years down the road, then designing the interim map to keep you in front of them.
These three solutions will serve you well in designing that map, regardless of the details of your predictions for the future.
Recent Jinfo Content of particular interest to our customers involved with information strategy:
Articles:
- Building the mosaic - resources used inside buy-side funds to support the investment process
- Is service reengineering part of your 2018 strategy?
- Guide to value in the Jinfo Research Focus "Stake your claim in the success of data analytics"
- Jinfo data analytics survey (part 2 - information team contributions, skills and characteristics for analytics success)
- How to plan your current awareness provision for 2020
- How information skills make a difference to data analytics
- How will news provision look in 2020?
- Ensure your information team is essential to data analytics projects
- Data analytics as the domain of the information professional
- Q&A with Evalueserve - straight talking on data analytics
- DLA Piper - using Kira in a legal firm project
- How to balance shrinking spend with the high cost of premium databases
- What's the point of data analytics?
- Data analytics - measuring the information professional's contribution
- How to make mergers and acquisitions work for you
- Will information professionals help drive the data analytics train or be left on the platform?
- Tracking trends in data analytics
- Consistent & emerging themes in data analytics
- Technology drivers in current awareness
- Is it time for a new current awareness platform?
Reports and reviews:
- Market landscape - Expert networks for investment banking professionals
- Product review of DrugPatentWatch
- Research Focus Insights and Actions "Stake your claim in the success of data analytics"
- Jinfo model for improving upwards communication
- Subscription update for information services management
- Jinfo survey - data analytics needs and concerns 2017
- Overview - Usecasehub from Evalueserve
- Product review of Nexis
- Market landscape - IHS Markit
- Subscription update for information services management
- Product review of Factiva
- Market landscape - authentication and access solutions
- Market landscape - training for AI and data analytics
- Subscription update for information services management
- Market landscape - text and sentiment analytics
- Market landscape - document review and AI
Webinars - recordings available to view for anyone with a Jinfo Subscription
- Real-world analytics and you
- Current awareness in 2020
- The impact of shrinking spend on premium databases
Current and upcoming research and events:
The current Research Focus, "Stake your claim in the success of data analytics", runs from January through March. Get immediate value by requesting a copy of the "Insights and Actions" report, which provides our top insights plus a thematic index to resources. Explore the insights in greater detail with the webinars (Jinfo Subscription required) and Community sessions (Community access required):
Webinars:
- 6th February: The trouble with datasets - industry trends on licensing data for analytics projects
- 14th March: Mapping the full use-case to create success with analytics
Community sessions (online teleconferences):
- 21st February: Been there, done that - creating your own analytics success stories
- 28th March: Designing, managing and improving analytics use-cases - a unique role for information teams
Other Community sessions taking place in the coming months:
- 6th March: State of the industry, 2018
- 11th April, 2nd May and 23rd May: Improving information team workflow and operations
- Blog post title: Jinfo for information strategy
- Link to this page
- View printable version
- Jinfo for information strategy
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2025 strategic planning; evaluating research reports; The Financial Times, news and AI
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31st October 2024 - End-user training best practice research
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