The valuing of management information. Part II: Using the cost of not having information

Abstract

This article is the second in a series of four articles con cerned with the valuing of management information. The first three articles examine the major approaches to valuation, the final one summarizes and links together these methods into a practical approach to the valuing of management information.

This article examines an approach to the valuing of mana gement information, by examining the consequences of not collecting or producing the information, turning this into a cost and then equating it to the value of the information to the organisation. This approach is tested in the article against several examples of management information.