from DSSResources.com

Decision Support News
D. J. Power, Editor
October 30, 2016             Vol. 17, No. 22


In this issue

1) What are the characteristics of decisions?
2) Recent Decision Support News Headlines
3) Upcoming Decision Support Conferences/Call for Papers


1) What are the characteristics of decisions?

by Daniel J. Power and Ciara Heavin

Managers make many decisions and the characteristics of each decision determine if analytics and decision support are appropriate and if so what support is most useful. Decisions are made as part of processes and decisions result in outcomes. A decision may involve assessing and evaluating alternatives using data sets, variables and algorithms. The quality of a decision is often impacted by the type of process or path that is pursued in making and implementing a decision. Organizational decision environments are typically characterized by a rational decision making approach. Rationality is "the quality of being consistent with or based on logic." Some definitions also assert rationality is “the state of having good sense and sound judgment.” So rational thinkers base decisions on logic and have good sense and sound judgment. Managers and responsible decision makers attempt to be rational, wise and thoughtful in their decision-making.

Continue reading this column at http://dssresources.com/faq/index.php?action=artikel&id=368

Click for more Frequently Asked Questions

2) Recent Decision Support Headlines

10/27/2016 Drastin unveils the World's first conversational analytics product powered by Artificial Intelligence. Check release.

10/27/2016 MediaBrix turns big data into mobile ad targeting resource with machine learning. Check release.

3) Upcoming Decision Support Conferences/Call for Papers/Books

1. 2016 Pre-ICIS SIGDSA/IFIP WG8.3 Symposium, Sunday, December 11, 2016, Dublin, Ireland. Check here.

2. 2016 IEEE International Conference on Data Science and Systems (DSS 2016), 12-14 Dec. 2016, Sydney, Australia. Check here.

3. Call for papers: EWG-DSS 2017 International Conference on Decision Support System Technology (ICDSST 2017), May 29-31, 2017, Namur, Belgium. Check here.

4. Call for papers: 12th Annual Conference of Midwest United States Association for Information Systems, Springfield, IL May 18-19, 2017. Check here.

Sponsors

Order Dan Power's book: Decision Support, Analytics, and Business Intelligence, Second Edition
Click here

Become a Business Expert Press author
Click here


Subscription

You may leave the DSS News mailing list by sending an email to dssnews+unsubscribe@uni.edu

Please tell your friends they may join the list by sending an email to djpower1950@gmail.com

About Decision Support News

Decision Support News is copyrighted (c) 2016 by D. J. Power.

Please send your questions to djpower1950@gmail.com.

Connect with Daniel J. Power at http://www.linkedin.com/in/danpower

The DSS News mailing list is hosted by the University of Northern Iowa in the spirit of cooperation with the network community. The opinions expressed by contributors do not necessarily reflect those of the University or its employees. The University shall not be liable for any damages which may result directly or indirectly from errors or omissions in or application of information distributed via this group. Thanks to University of Northern Iowa.

Thanks for supporting Decision Support News (aka DSS News) and DSSResources.com.


DSS Home |  About Us |  Contact Us |  Site Index |  Subscribe | What's New
Please Tell 
Your Friends about DSSResources.COM Copyright © 1995-2021 by D. J. Power (see his home page). DSSResources.COMsm was maintained by Daniel J. Power. See disclaimer and privacy statement.