Strategic Decision Making: The Role of Information

What Is the Importance of Information in the Decision-Making Process?

Within the decision-making process, we can identify many aspects and factors that allow it—like any structured process—to be developed and executed in the best possible way. However, the quality of the information we have is fundamental to achieving optimal performance in this process, especially when it comes to guiding leadership in the formulation of precise and effective strategies.

Information is the fuel that drives companies forward, enabling leaders to visualize the full picture and make high-quality, bold decisions. The quality of information is the difference between drifting aimlessly and charting a clear course toward success. It allows us to ensure that every data point is a valuable asset—a tool that empowers us to make decisions that shape the future of organizations.

In our interconnected world, information is the most valuable asset. Once we have built a reliable, relevant, and comprehensive information system, we are ready to discover how information can transform our strategic approach.

With this in mind, we developed this new Ebook, where we cover everything from the essential characteristics of information to the creation of an effective information system.

What Will You Find in This Resource?

In this new Ebook, we provide everything you need to understand all aspects of information so that, based on this knowledge, you can strengthen and enhance your decision-making process.

Throughout this resource, you will find valuable insights, including:

• Types of information: We explore the different categories of information, distinguishing between primary and secondary sources, as well as quantitative and qualitative data.

• Stages of the decision-making process: We address the 7 fundamental stages that make up the decision-making process.

• Available models: We explore the most relevant models used in strategic decision-making.

• Key challenges: We dive into the common challenges organizations face during the decision-making process.

• Information systems: We detail how to build a solid and effective information system.

Access the full document by completing the form >>>