Information Management

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Why You Decide the Way You Do

Curiosity about the decision-making process has heated up, attracting academics from neuroscience, management, behavioral economics and psychology. Researchers have found, for instance, that a willingness to ask for advice on difficult problems can increase a person’s perceived competence, and that too many choices can cause people to make less-than-optimal choices. Here, we highlight six scholarly articles that have intriguing insights into the factors that can affect decision-making.

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Using Simulated Experience to Make Sense of Big Data

As data analyses get more complex, how can companies best communicate results to ensure that decision makers have a proper grasp of the data’s implications? Research has found that letting decision makers gain experience on the outcomes of different possible actions by interacting with simulations helps those executives make better decisions. Simulations narrow the often a large gap between what analysts want to share and what decision makers understand, and more clearly illustrate complex statistical information.

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How Big Data is Influencing Big Companies

A recent data and analytics survey sheds light on what large organizations are actually doing with big data initiatives. The survey of nearly 100 senior executives from Fortune 1000 companies found that executives are reporting anincreasing commitment to big data projects. As well, most executives, 70%, are looking to improve their “time to answer” with big data.

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Learning from innovation

  • Blog
  • Read Time: 1 min 
New research offers insights into the factors that affect how much an organization learns from its innovation activities.

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Image courtesy of Flickr user sean dreilinger.

Why We Miss the Signs

It often seems that changes and threats come out of nowhere – until we learn later that the signals were there all along and we just didn”t read them correctly. One step toward reading them better is understanding why we misinterpret them in the first place.

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How to Plan E-Business Initiatives in Established Companies

Many large and mature firms — which still form most of the economy — have difficulty analyzing the opportunities and difficulties created by the Internet. Here is a planning process, validated at several established companies, that puts e-business into perspective and helps make it manageable. "Using our e-business planning process," write the authors, "senior management in established companies can identify attractive e-business initiatives, analyze their functional scope and assess the sustainability of the benefits."

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Beyond Enterprise 2.0

You can bank on a tenfold improvement in the cost and capability of collaboration technologies over the next five years. What will your organization do with that?

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