Definition of Information Resource Management:
There are many popular definitions of information resource management (IRM).In a general view, IRM is the management of information resources through planning, organizing, staffing, coordinating, and controlling information which has significance in various business processes aimed at achieving the organizational goals. The following are some of the popular definitions given by different researchers relating to this concept:
Schneyman defined IRM as "the management (planning, organization, operations, and control) of the resources (human and physical) concerned with the systems support (development, enhancement, and maintenance) and the servicing (processing, transformation, distribution, storage and retrieval) of information (data, text, voice, image) for an enterprise.
McLeod and Brittain-White defined IRM as "the recognition by an organization that data and information are valuable resources and the application of the same principles of managing data and information as are used in managing physical resources such as personnel.
Forest W. Horton, Cornelius F. Burk in their book "InfoMap: A Complete Guide to Discovering Corporate Information Resources" defined IRM as "the process within the information management arena that serves the corporate interest. IRM seeks to harness information for the benefit of the organization as a whole by exploiting, developing, and optimizing information resources. The interests of the organization are usually manifested by its corporate goals and objectives. Thus, IRM is the managerial link that connects corporate information resources with the organization's goals and objectives.
All these definitions emphasize that IRM is used as a tool in the achievement of bigger organizational objectives. The concept of IRM treats information as any other organizational resource. It has attracted such importance from the top managements that it has become an integral part of every organization's corporate planning strategies and is used to gain a competitive advantage in the market.
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