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Dan Power

Greetings to all of my friends who work in the area of computerized decision support. This blog is a way for me to share stories from my encounters related to decision support, to comment on industry events, and to comment on other blogger's comments, especially those of my friends on the Business Intelligence Network. I'll try to state my opinions clearly and provide an old professor's perspective on how computers and information technology are changing the world. Decision making has always been my focus, and it will be in this blog as well. Your comments, feedback and questions are welcomed.

About the author >

Daniel J. "Dan" Power is a Professor of Information Systems and Management at the College of Business Administration at the University of Northern Iowa and the editor of DSSResources.com, the Web-based knowledge repository about computerized systems that support decision making; the editor of PlanningSkills.com; and the editor of DSS News, a bi-weekly e-newsletter. Dr. Power's research interests include the design and development of decision support systems and how these systems impact individual and organizational decision behavior.

Editor's Note: More articles and resources are available in Dan's BeyeNETWORK Expert Channel. Be sure to visit today!

by Daniel J. Power
Editor, DSSResources.com 

Bad strategic business decisions lead to bad results. The consequences of implementing the decision may have very negative consequences for the organization. Poor or bad decisions may result from process, individual or situational factors. Paul Nutt (1996) concluded "vast sums of money are spent to make decisions that realize no ultimate value for the organization and managers make the same mistakes over and over again as they formulate the decisions." Can improved decision support and analytics make a difference?

Continue reading at http://dssresources.com/faq/index.php?action=artikel&id=318

Please cite as:

Power, D. J. "What are examples of bad strategic business decisions?" Decision Support News, Vol. 16, No. 01, January 11, 2015 at URL http://dssresources.com/newsletters/387.php

Posted January 11, 2015 6:50 AM
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