What is information retrieval when documents become dynamic processes?

Terrence A. Brooks
Information School
University of Washington
Seattle, WA 98195


Abstract
Abstract, etc...

Introduction

Storing information in anticipation of future use and finding information in an information store are perennial areas of interest.

IR as ongoing activity. Focus on one of its assumptions: the Document Importance of document: container that is source of index terms. Document is not a precise term...IFLA concerns Focus of this essay on the mechanical imprecision of Document XML example. algorithms, scripts, text obscured in flash files.

Diagram: User - Interface - query term - index

Index - normalizing process - document

Assumption that document is a persistent resource.
Assumption that dynamic processes have text to normalize. -------------

In the contemporary competitive economic climate, companies must harness information effectively to ensure optimum performance in the market. A 1996 research project (Owens, et al., 1996) which studied information systems and services in twelve high performing companies, concluded:

Information is seen as a valuable asset by the majority of the companies surveyed.

and

The creation of an information ethos is seen as an important step towards ensuring continued success by the majority of the companies surveyed.

Similarly, as the Library and Information Commission (1998) noted, information is an international commodity and knowledge underpins all successful economic activity. Thus, it is imperative that such a valuable resource is harnessed effectively by the business world, particularly in the current turbulent and extremely competitive environment, which Tyson (1998) views as indicative of a move from an information age to an intelligence age. In this new age, companies need to build both a knowledge base of their competitive environment, and a perpetual strategy process to ensure it is updated continually. Hence, the information advantage for companies no longer lies in simply storing and retrieving information, but in matching information to specific strategic processes. Therefore, companies are increasingly measuring the value of their information assets on the basis of their ability to utilise such assets to react to market demands more effectively than their competitors (Frappaolo, 1998).

References


How to cite this paper:

Broady-Preston, J, & Hayward, T. (2001) "Strategy, information processing and scorecard models in the UK financial services sector"   Information Research, 7(1) [Available at http://InformationR.net/ir/7-1/paper122.html]


© the authors, 2001.
Last updated: 18 October 2001