Relevance of non-financial information for mainstream investors.
Information. Information flow interaction source motivated by receiver mutual relevance.
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Transcript of Information. Information flow interaction source motivated by receiver mutual relevance.
Information
Information flow
interaction
source motivated by receiver
mutual relevance
Information managementPut the verbs in the order as they happen
processing organizing controlling distribution collection management evaluating
of information
Information management
1. collection
2. management 1. organizing
2. controlling
3. processing
4. evaluating
3. distribution
of information
The short history of information management
upto 1970s paper-based files other media (recordings, etc.)1970s-1990s computerized data management electronic data storage1990s-2008 information disseminated across computer networks2008 - present cloud computing private clouds (a company’s own) secure clouds run by third parties other clouds: security problems
Research topic: cloud computing and business
Listening
Ian West, IBM's IT information management expert: 'The Increasing Importance of Managing Your Information'
http://www.guruonline.tv/ibm/importance-of-information-management/2686/information-management
Reading p. 35
Answer the questions on p. 34 and here: What does it mean to digitise a business? What kind of future business opportunity is predicted
due to the increased amount of information available?
Research task: new ways of collecting and using information by companies to boost profits. (e.g., in sales: monitoring movement of shoppers)
p. 36/ Vocabulary
1. a) connect b) everything involved in
2. a) status b) programs c) network
3. a) dashboard b) measurements c) perform against d) goals
4. a) estimates b) digitisation c) save
5. a) speed up b) flow
6. a) hardware b) gather c) information
ListeningDirect v indirect communication
Listen and take notes https://www.youtube.com/watch?v=kCIAb6hv
PgY
Direct v indirect cultures use direct question forms decisive tone interested in getting an
answer to a closed question on a specific problem
criticism of people’s actions are done face-to-face
engage in conflict when necessary
find indirect communicators vague, untrustworthy
use more polite question forms, downtoning
(e.g., Do you mind if I ask…?) gentler tone of voice open questions so the other
person can add as much information as they want
criticism is done through messengers, stories, examples
non-verbal communication, suggestion, hints, tone of voice is equally important with what is said in conveying a message
confrontation, loss of face is to be avoided
find direct communicators rude, insensitive
Communicating across culturesCase study: Mr. Smith: It looks like we’re going to have to keep the office
open on Saturday. Mr. Liu: I see. Mr. Smith: Can you come in on Saturday? Mr. Liu: Yes. I think so. (with a hesitant tone) Mr. Smith: That’ll be a big help. Mr. Liu: Yes. Saturday’s a special day, did you know? Mr. Smith: Is it? Mr. Liu: It’s my daughter’s birthday. Mr. Smith: Oh that’s great! I hope you all enjoy it. Mr. Liu: Thank you. I appreciate your understanding.
What do you think happened on Saturday? Why do you think the misunderstanding happened? What
could be changed?
Tips on being more indirectMatch the tips with the examples
The problem: Your secretary is regulary late to work.
Blur the sender Blur the receiver Blur the message
Say: “Do you still live out of town?” Instead of “Why are you always late?”
Tell your secretary’s friend at work that you wouldn’t mind if she was more punctual.
Call a meeting and talk about the importance of arriving to work on time
Which sentences are direct / indirect?
You must do this by Monday.
We need this by Monday.
There seems to be a lot of mistakes in the report.
Your report contained a lot of mistakes.
You forgot the sales figures.
I can’t find the sales figures.
Put the phrases in the order from “most direct” to “most indirect”
1. Would you be so kind as to open the window?
2. It’s hot in here.
3. Please open the window.
4. Open the window.
5. Could you possibly open the window?
6. I was wondering if you could open the window.
7. Would you like to open the window?
8. Don’t you think it is a little hot in here?
Put the phrases in the order from “most direct” to “most indirect”
1. Open the window.
2. Please open the window.
3. I was wondering if you could open the window.
4. Could you possibly open the window?
5. Would you like to open the window?
6. Would you be so kind as to open the window?
7. It’s hot in here.
8. Don’t you think it is a little hot in here?