Do managers have enough quality information for decision-making

english

2007

volume 40, issue 5

management 

Univerza v Mariboru, Fakulteta za organizacijske vede
(Obvezni izvod spletne publikacije)

Modern complexity of management is associated with important decision making, confronting a great number of useless in- formation. Selection of information - the choice of only quality, i.e. essential ones, is a big problem in managerial decision- making. Implementation of systemic approach i.e. systemic thinking can help dealing with it. It is known that decision-making based only on intuition is insufficient, especially nowadays, in the time of global business. Therefore, managers have to operate with adequate knowledge capital. It is synergetic composition of inborn talents, feelings, abilities as well as gained knowledge and experiences. DNT put this capital knowledge into function of management decision- making, thus easier and holistic information management needed for quality and efficient and successful problem solving. It enables managers to be creative, co-operative and interdisciplinary. It opens possibilities for combination of theory and practice in the decision making processes, as presented in our contribution. Quality, holistic management decision making, create competitive advantages. It can be proved by a practical example of de- cision making about preventive measures in the winter time (roads gritting and ploughing). Great importance of quality, timely and enough holistic information is presented with the model of Short Term Road Ice Prediction, which gives information for quality decision making.

16.09.2009