Chapter 5. Information Is Power and Sharing Doesn’t Come Naturally

An army might run on its stomach, but the business world runs on information. Knowledge of the internal and external happenings of the firm is essential to any effective manager. The more information you have, the better, and the more private and sensitive it is, the more useful it is to you. These truths might seem obvious, but it is important to recognize the manner in which we use the information that we have and the extremes we go to in order to protect it. If we want to change our existing commercial system, we must look at information flow and speed, especially as the growth of the web-based communication has increased both the amount and access to data. Our ability to communicate ...

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