Effectiveness Of Information Use For Strategic Decision Making

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    Effectiveness of Information Use for Strategic Decision Making
    By: Wolfgang Gänswein
    Publisher:
    Gabler Verlag
    Print ISBN: 9783834930866, 3834930865
    eText ISBN: 9783834968494, 3834968498
    Copyright year: 2011
    Format: PDF
    Available from $ 109.00 USD
    SKU 9783834968494
    In general, effective strategic decisions are associated with a step-by-step analysis of information. However, such recommendations are detached from the realities decision makers are faced with, i.e uncertainty of a decision problem, abundance of information from various sources, as well as political behavior and personal idiosyncracies in the decision making process. Wolfgang Gänswein examines the interaction of these factors by using a broad sample of 230 decisions in a broad range of industries. The results show decision effectiveness is not only affected by uncertainty in a company’s environment but also and even more significantly by the information processing preferences of a single decision maker.
     

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