In this chapter, we discuss the importance of considering the action character of information when modeling information in business processes. The Language Action Perspective (LAP) is described and proposed as the perspective of choice for information modeling – now and for the future. It is emphasized that two of the most important research areas in the new millennium are to further develop LAP and to operationalize it into systems development methods. Furthermore, the generic business framework of Business Action Theory (BAT) and the requirements engineering method VIBA/SIMM (Versatile Information and Business Analysis according to the Situation adaptable work and Information Modelling Method), as representatives of LAP, are both described and positioned within LAP. This positioning is achieved by elaborating different LAP approaches and their relationships to BAT and VIBA/SIMM.