Information Overload Essay Example | Topics and Well Written Essays - 1250 words

Information Overload - Essay Example On a day to day basis, the info-rich obtain information from the internet, newspapers, emails, television, faxes and telephone calls. In the midst of all the clatter, the info-rich are conscious that essential and valuable information is being conveyed (Miller, 2009). The challenge now lies in separating the unnecessary, uninteresting, and outdated information from the up-to-date, relevant, and vital (Miller, 2009). This is achievable by any organization if it changes its technical system or its social system or even both (Klingberg, 2008). Initially, when network technologies were introduced, their aim was to bring considerable improvements to the productivity of workers; however, these productivity benefits are yet to materialize (Klingberg, 2008). As a result, empirical scrutiny of the data has failed so far in establishing a considerably positive relation between information technologies and productivity growth (Klingberg, 2008). Moreover, some people have even begun to wonder if the introduction of computers and other kinds of information technology has had a negative impact on productivity levels, since companies waste resources to generate, distribute, process and store paperwork, which, though adds up no value to the business, deflects people's attention afar from productive work (Klingberg, 2008). ... Indeed, a wealth of precious information has been made accessible; the remaining problem is to learn to manage that flood of information. Considering current technological and human constrictions, decision-makers are incapable of processing all the information which they receive (Klingberg, 2008). A number of managers complain that important issues are neglected due to the growing heaps of information which they have to review (Klingberg, 2008). Additionally, many companies are downsizing the assumption that computers are capable of effectively replacing people (Klingberg, 2008). However, information technologies happen to be best used as supplements; they cannot alternate human skills as far as processing complicated information flows is concerned (Klingberg, 2008). When it comes to business models, content providers focus on selling information straight to consumers (Grochow, 1997). However, there some instances when attention, and not information, is scarce (Grochow, 1997). Busine sses should contend for people's time; therefore, various successful business models of the future will have their basis in the economics of attention, which implies focusing on bringing out quality information to the people in a context that is meaningful (Grochow, 1997). Information production will still get motivation from profit incentives, with competition among substitutable information sources reducing the prices of the content of information itself (Grochow, 1997). Rather than expecting direct payment for the creation of information, it is crucial for content providers to run their business as though it were gratis, and then figure out how to enhance relationships or come up with ancillary products and