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Knowledge-Based Decision Making: A Multi-Case Analysis

Knowledge-Based Decision Making: A Multi-Case Analysis
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Author(s): Mirjana Pejic-Bach (University of Zagreb, Croatia), Mislav Ante Omazic (University of Zagreb, Croatia), Ana Aleksic (University of Zagreb, Croatia)and Jovana Zoroja (University of Zagreb, Croatia)
Copyright: 2021
Pages: 25
Source title: Research Anthology on Decision Support Systems and Decision Management in Healthcare, Business, and Engineering
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-7998-9023-2.ch069

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Abstract

In the context of sustainability and long term survival, knowledge based decision making has been recognized as a significant factor. Its application in organizational settings specifically through knowledge management, process management, and decision making presents one of the core organizational capabilities. This chapter explores more deeply the synergy that occurs between the knowledge based decision making and its contribution to sustainability. The extent of knowledge based decision making application is evaluated, and its relation to the economic, social and environmental sustainability, in the multi case analysis of four Croatian firms from two service industries: telecommunications and insurance.

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