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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Information Systems for the Management of Organizations: Conceptual Model for Its Application in Organizations

Information Systems for the Management of Organizations: Conceptual Model for Its Application in Organizations
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Author(s): José Rascão (Instituto Politécnico de Setúbal, Portugal)
Copyright: 2018
Pages: 33
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.ch024

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Abstract

This chapter investigates the main concepts and activities of information in a strategic decision-making system as treated by the literature. Since information became the global economy value source for organizations, the information assumes a key role in contributing to the development of the performance of organizations through the selection of relevant information for their business. The relationship of the strategic management of information with business activities contributes to the process of strategic decision making for a more effective and efficient decision. The understanding of the importance of information as a strategic resource in the management of organizations is becoming more important to strategists than were the formulation of strategy models of industrial society. In the twenty-first century no manager will be able to set and implement the strategy successfully without a basic understanding of information for strategic decision making.

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