Executives at small and midsize companies make critical business decisions every day based on the information available to them. This information can come from a variety of sources: opinions from peers and colleagues; a personal sense of intuition or business judgment; or data derived internally or externally to the organization. This is particularly worrisome given the lack of confidence in data available to decision makers: a 2007 report conducted by the Economist Intelligence Unit (EIU) and commissioned by Business Objects found that nine out of ten corporate executives admit to making important decisions on the basis of inadequate information.
Read this Technology Evaluation Centers paper for information on how to use Information Technology to drive better information quality and better decision-making.
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