Companies can use decision support systems to analyze strategic decisions about
ID: 3573061 • Letter: C
Question
Companies can use decision support systems to analyze strategic decisions about future directions. In order for DSSs to be useful, IT needs to be aligned with the business.
Reflect on the importance of DSS in supporting strategic planning.
Consider how DSS can support each of the main points and levels of strategic planning.
3-page paper that presents an analysis of how an organization can use DSS as part of strategic planning. The paper should include the following:
An explanation of the concept of business intelligence and its use in business
An explanation of the importance of alignment of IT and business strategy
A description of each of the four main points and three levels of strategic planning
An explanation of how each of the four main points and three levels of strategic planning can be supported by DSS
Explanation / Answer
DSS:
Decision Support systems are the system that couple the intellectual resources of individual with capabilities of machine to improve quality of decision.
->Importance of DSS in supporting strategic planning:
1.Strategic planning is both continuous and irregular in response to non-routine stimuli.
Document-driven DSS can speed-up access to the plans .Also computer-based strategic planning work flow process can improve response to non-routine stimuli.
2.Strategic planning requires large amounts of information.
Data-driven DSS with scorecards can store this diverse range of information in a manageable format.
3. Strategic planning is heavily dependent upon subjective assessments.
Model-driven decision support can help to capture and analyze subjective assessments quickly and meaningfully.
->Business Intelligence and DSS:
Business Intelligence can be defined as the set of techinques and methodolgies that transforms raw data into useful information that can be used in decision making.
So business intelligence can be combined with DSS to yield:
1.Quality Support
2.Agility Support
3.Improvised Data Management
4.Increased Productvity
5.Speedy COmputations.
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.