The Role of Management Information System and Factors Influencing Strategic Decision making Processes in an Organization
Abstract:
Decision making is
the hallmark of Management in any business enterprise whether big or small.
Management on daily basis is beset with challenge of what to do, how to do,
where to do, when to do and for whom to do. Strategic decision making is an ongoing process that
involves creating strategies to achieve goals and objectives altering
strategies based on observed outcomes through management information system. Management Information System is
basically concerned with the process of collecting, processing, storing and
transmitting relevant information to support the management operations in an
organization. Thus, the success of decision-making, which is the heart of
administrative process, is highly dependent partly on available information,
and partly on the functions that are the components of the process. In spite of many
studies that have been carried out in the area of strategic decision-making
especially during the 1990's, we still know little about strategic
decision-making process and factors affecting it. This paper builds on previous
theoretical and empirical studies to determine the extent to which contextual
factors and Management information system impact the strategic decision-making
processes.
References:
[1] Asefeh Asemi, Ali Safari,
Adeleh Asemi Zavareh, The Role of Management Information System (MIS) and Decision
Support System (DSS) for Manager’s Decision.
[2] Bert Markgraf, studio- The Role of Management
Information Systems in Decision-Making
[3] Making Process, International Journal of
Business and Management Vol. 6, No. 7; July 2012.
[4] Mahmood Nooraie ;July 2012, Vol. 2,
No. 7 Factors Influencing Strategic
Decision-Making Processes.
[5] (Neil Ritson. Strategic Management bookboon.com)
[6] Papows, J., 1998. Enterprise.com: Market Leadership in Information Age, London: Nicholas Brealey Publishing.
[7] Papows, J., 1998. Enterprise.com: Market Leadership in Information Age, London: Nicholas Brealey Publishing.