A FRAMEWORK FOR ANALYZING THE INFORMATION MONITORING AND DECISION-SUPPORT SYSTEM INVESTMENT TRADEOFF DILEMMA - AN APPLICATION TO CRISIS MANAGEMENT

Citation
S. Belardo et Hl. Pazer, A FRAMEWORK FOR ANALYZING THE INFORMATION MONITORING AND DECISION-SUPPORT SYSTEM INVESTMENT TRADEOFF DILEMMA - AN APPLICATION TO CRISIS MANAGEMENT, IEEE transactions on engineering management, 42(4), 1995, pp. 352-359
Citations number
36
Categorie Soggetti
Business,Management,"Engineering, Industrial
ISSN journal
00189391
Volume
42
Issue
4
Year of publication
1995
Pages
352 - 359
Database
ISI
SICI code
0018-9391(1995)42:4<352:AFFATI>2.0.ZU;2-5
Abstract
The simplest form of a system consists of an input, a process which ad ds value to the input, and an output containing actionable information . The value of the output from a system is a function of not only the quality of the input but also the appropriateness, validity, and relia bility of the transforming process, For certain classes of decisions s uch as those that correspond to crisis management, even the most simpl istic version of a system presents problems for system developers-and hence decision makers, Unlike in highly structured decision settings w here precise models exist and high quality data is readily available, decision making in crisis settings involves ill-structured tasks which pose considerable problems for those responsible for the investment o f a limited information resource budget. This paper presents a framewo rk for analyzing the information monitoring decision support system tr adeoff dilemma that occurs in crisis management settings. It concludes with several insights and recommendations for future research.