High value information for managers in organisations

Abstract

Due to information overload, information management for managers in organisations is a big task. To avoid information overload and to retain the right information for reuse, an effective mechanism for evaluating information is required. Various tools and strategies are presented in an attempt to obtain information's "value." This study examines the topic of information overload, the definition of information value, and associated research on the value of information in many fields to resolve this issue. The Bayesian Theorem and information characteristics are used to offer a framework for evaluating information.