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Started by : Maneesh Jain, Business Analyst, Oracle   01 15 2009 10:18:58 +0000
Industry : IT ProductsFunctional Area : Business Processes(Operations)
Activity:  14 views;  last activity : 07 06 2010 20:18:09 +0000

On a regular basis every day, decisions are made by every person at every level of an organization, and the success depends mostly upon how well those decisions are made.  Organizations go to great lengths to provide information to their employees to help them make the best choices. In fact, companies that build decision support systems to accomplish the goal tend to stand out as leaders. These organizations leverage their data in a way that gives them greater insight into their business. So share your thoughts on this topic.

 
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Right Information

idea posted by Maneesh Jain Business Analyst, Oracle
Getting to proper conclusions often requires information from different areas of the business like inventory, sales, marketing and financial data. Bringing this data together in a timely and meaningful manner is the key to getting the right information on which to make choices. Companies that do this will enable differentiated decisions solidly based on all available facts, which gives them a competitive advantage.  
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complete picture

idea posted by Vikash Jaiswal Business Analyst, SAP

Yes i agree with maneesh abt right info, But then the quality of information provided by analytical environments can be described in terms of how well integrated the data is within themselves. When data is not integrated properly, which means that the user will make a decision based on information half available to him from the organization which has the complete picture, and this hampers the decision making, so with the complete information with integrated data the decision making ability goes up as well.

 

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