Decisions, Decisions....
Some experts claim that if a business gets 52 percent of its decisions right, it will be successful. Would using a decision support system guarantee better results?
Well, I guess if you truly look at the scales, 52% is way
better than your 48% while using a decision support system. But at the same time I don't believe it guarantees a better result because things always change without being able to predict anything at a 100% accuracy.
Quality?
Yes, there has to be quality in the data/information to make
accurate decisions, without out quality you get the entire “Garbage in/Garbage
out” scenario.
Do you think it matters what type of decisions are included in this 52 percent? For example, would getting the right type of paper clips be as influential a decision as deciding where to locate the business?
With paper clips, I would say it wouldn't 100% influence where
you would locate you place of business just for the simple fact that they are “PAPERCLIPS”.
But at the same time you are trying to locate your business in a “High Economic”
area let’s say… Cherry Creek, Presentation of everything matters. So in that
Example I would have to change my original statement and say yes it does
matter.
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