Canadian Execs Drowning In Information
Almost half of Canadian executives still say the amount of information they have overwhelms them, showing no statistical improvement from last year, though there has been some change at the provincial and industry level, with some showing improvement while others are facing an uphill challenge. These are just some of the findings from a SAS/Leger Marketing survey released yesterday. Overall, 45 per cent of executives in 2011 said they are overwhelmed by information, compared with 47 per cent last year.
This year, executives from Ontario and British Columbia are far less likely to say they suffer from information overload. In 2010, 52 per cent of B.C. and Ontario-based executives said they faced information overload, versus 38 and 44 per cent (respectively) this year.
While most provinces and business sectors showed little change, there were a few that saw things deteriorate. Those in the academic and education sectors were far more likely to say things have gotten worse – 42 per cent in 2010 versus 61 per cent in 2011 saying they suffer from information overload.
“Organizations often need to make significant procedural changes to effectively address information overload,” said Kathryn Brohman, Professor, Management Information Systems, School of Business, Queen’s University. “For organizations to be successful combating information overload they need both the right technology and the right procedures.”
Canadian executives understand that in today’s information age it is not about having all information, rather having the right information. Eighty per cent said they’d make better informed business decisions if they had the right tools in place to analyze information more effectively, yet 1 in 4 (24 per cent) say they do not have the right information to make effective business decisions about their business performance. Read the rest of this entry »
posted in Business News, National News, Research Studies By: Tami |
Print This Post














