Peter F. Drucker article in the Wall Street Journal on successful data management in organizations. Drucker explains how for the raw material in databases to become actual information, it must be organized for a specific task, directed toward performance, and applied to a decision. He also describes how an organization must also become information-literate, and, critically, how organizations will need to bring together two information systems - computer-based data processing and diverse accounting systems. Drucker concludes the article by asserting how managing money - the treasury function - will be run and staffed separately from accounting when information systems integrate.
Drucker, Peter F. (Peter Ferdinand), 1909-2005 Wall Street Journal Claremont Graduate School Information Systems Accounting
Source
Peter F. Drucker article in the Wall Street Journal on successful data management in organizations, December 1, 1992; Drucker Archives; Box 109, Folder 15; 1 page
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