Information flow plays a crucial role in creating value within organizations. It involves the movement of data, knowledge, and insights across various stages of a process or within different departments. It is contributing to the creation, enhancement, and delivery of products or services. Effective information flow facilitates decision-making, problem-solving, innovation, and overall organizational performance.
PMI has created a chart to explain that function plays a role when it
comes to communication and information. The Information flow in the creation of value chart is free to download on PMI website
In summary, information flow is integral to value creation within organizations as it enables efficient decision-making, fosters innovation, improves collaboration, enhances customer satisfaction, and supports overall organizational effectiveness and adaptability in dynamic business environments.
Information flow is often related to communication within and outside organizations.
