Decision Making Stages in Mis - 3645 Words

Q1 Decision making (decision from Latin decidere to decide, determine, literally to cut off, from de- off and caedere to cut) can be regarded as the mental processes (cognitive process) resulting in the selection of a course of action among several alternative scenarios. Every decision making process produces a final choice.[1] The output can be an action or an opinion of choice. * | Decision making stages Developed by B. Aubrey Fisher, there are four stages that should be involved in all group decision making. These stages, or sometimes called phases, are important for the decision making process to begin Orientation stage – This phase is where members meet for the first time and start to get to know each other. Conflict†¦show more content†¦Understand the role of Information. Information can add value to your products and services. Improved information flows can improve the quality of decision making and internal operations. Yet many managers do not fully understand the real impact of information - the cost of a lost opportunity, of a poor product, of a strategic mistake - all risks that can be reduced by using the appropriate information. 2. Assign Responsibility for Leading your IRM Initiative. Developing value from information resources is often a responsibility that falls between the cracks of several departments - the user departments in different business units, and corporate planning, MIS units or librarians.. 3. Develop Clear Policies on Information Resources Policies for ascertaining information needs, acquiring and managing information throughout its life cycle. Pay particular attention to ownership, information integrity and sharing. Make the policies consistent with your organisational culture. 4. Conduct an Information Audit (Knowledge Inventory). Identify current knowledge and information resources (or entities), their users, usage and importance. Identify sources, cost and value. Classify information and knowledge by its key attributes. Develop knowledge maps. As knowledge management gainsShow MoreRelatedBenefits Of Self Efficacy High While Recovery From An Addiction1479 Words   |  6 PagesAbstinence is the best way to avoid drug addiction. According to Hart Ksir, a person who understands all this information about all these drugs will perhaps be better prepared to make decisions about personal drug use, more able to understand drug use by others, and better prepared to participate in social decisions about drug use and abuse (Hart Ksir ). Karl Benzio, M.D., a psychiatrist and founder and executive director of Lighthouse Network (www.lighthousenetwork.org), an addiction and mentalRead MoreInformation Systems And Knowledge Management1412 Words   |  6 Pagessupports non-structured management problems. Information systems have been linked with Knowledge Management systems to help in making more informed and scientific decisions. 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