BUSINESS INTELLIGENCE AND KNOWLEDGE MANAGEMENT AS SUPPORT PRACTICES FOR STRATEGIC DECISION MAKING

Business Intelligence Systems BUSINESS INTELLIGENCE AS A DECISION SUPPORT SYSTEM

Nowadays, we are bombarded with information which has an immense influence on our decisions. It is more and more difficult to use it effectively. BI systems are very helpful. They support enterprises while carrying analyses and conducting researches. They make it possible to reach unambiguous decisions in the right time, they minimize the costs and they also provide the opportunity to verify an...

Management Theories and Strategic Practices for Decision Making

EBDMSS: A Web-Based Decision Making Support System for Strategic E-Business Management

This paper describes a Web-based intelligent decision making support system (DMSS) to deliver balanced scorecard (BSC) based modelling and analysis in support of strategic E-business management. This framework supports E-business managers during the strategy making process in a comprehensive, integrated, and continuous manner. The paper demonstrates how practitioners can use this system to deli...

Open Business Intelligence for Better Decision-Making

Decision-making is a crucial, yet challenging task in enterprise management. In many organizations, decisions are still made based on experience and intuition rather than on facts and rigorous approaches. This is often due to lack of data, unknown relationships between data and goals, conflicting goals and poorly understood risks. The success of organizations depends on fast and well-founded de...

Strategic Management for Real-Time Business Intelligence

Even though much research has been devoted on real-time data warehousing, most of it ignores business concerns that underlie all uses of such data. The complete Business Intelligence (BI) problem begins with modeling and analysis of business objectives and specifications, followed by a systematic derivation of real-time BI queries on warehouse data. In this position paper, we motivate the need ...