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Information System for Strategic Decision Making

Information System for Strategic Decision Making
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Author(s): José Rascão (Instituto Politécnico de Setúbal, Portugal)
Copyright: 2018
Pages: 32
Source title: Handbook of Research on Strategic Innovation Management for Improved Competitive Advantage
Source Author(s)/Editor(s): George Leal Jamil (InesTec, Portugal), João José Pinto Ferreira (InesTec, Portugal), Maria Manuela Pinto (InesTec, Portugal), Cláudio Roberto Magalhães Pessoa (Universidade Fumec, Brazil)and Alexandra Xavier (InesTec, Portugal)
DOI: 10.4018/978-1-5225-3012-1.ch022

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Abstract

The business strategy can be seen as a problem that involves three parts: information, strategy, and information technologies and communication. It has to be seen in the context of business sciences, in the process strategy formulation (analysis) and decision making (the strategy), information sciences (objective and subjective information, in supporting the process of formulation of the strategy and strategic decision making), and computer science (the tools of support to the implementation and monitoring of the strategy). Corporations need to define the strategy, translate it into actions, and ensure effective integration between the definition and the action in a competitive environment filled with actual and potential importance of information.

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