Decision Modelling and Information Systems: The Information Value Chain

Overview

In Decision Modelling And Information Systems: The Information Value Chain the authors explain the interrelationships between the decision support, decision modelling, and information systems.

The first two parts of the book focus on the interdisciplinary decision support framework, in which mathematical programming (optimization) is taken as the inference engine. The role of business analytics and its relationship with recent developments in organisational theory, decision ...

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Overview

In Decision Modelling And Information Systems: The Information Value Chain the authors explain the interrelationships between the decision support, decision modelling, and information systems.

The first two parts of the book focus on the interdisciplinary decision support framework, in which mathematical programming (optimization) is taken as the inference engine. The role of business analytics and its relationship with recent developments in organisational theory, decision modelling, information systems and information technology are considered in depth. Part three of the book includes a carefully chosen selection of invited contributions from internationally-known researchers. These contributions are thought-provoking and cover key decision modelling and information systems issues.

The final part of the book covers contemporary developments in the related area of business intelligence considered within an organizational context. The topics cover computing delivered across the web, management decision-making, and socio-economic challenges that lie ahead. It is now well accepted that globalisation and the impact of digital economy are profound; and the role of e-business and the delivery of decision models (business analytics) across the net lead to a challenging business environment. In this dynamic setting, decision support is one of the few interdisciplinary frameworks that can be rapidly adopted and deployed to so that businesses can survive and prosper by meeting these new challenges.

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Editorial Reviews

From the Publisher

From the reviews:

"It has been a pleasure to review this book and share the authors’ genuine excitement in its subject matter. It is refreshing, well structured, takes a critical look at the current state of decision support and presents a coherent evaluation of how decision support systems (DSS) should evolve … . This is a timely and very interesting book, which will be of much interest to those concerned with business intelligence and analysis. … The authors are to be congratulated … ." (S Fitz-Gerald, Journal of the Operational Research Society, Vol. 56, 2005)

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Product Details

  • ISBN-13: 9781461351108
  • Publisher: Springer US
  • Publication date: 4/30/2013
  • Series: Operations Research/Computer Science Interfaces Series , #26
  • Edition description: Softcover reprint of the original 1st ed. 2003
  • Edition number: 1
  • Pages: 366
  • Product dimensions: 6.14 (w) x 9.21 (h) x 0.80 (d)

Table of Contents

Contributors. Acknowledgements. Preface.
Part 1: Decision Support in Perspective. 1. Introduction. 2. Models for Decision Making. 3. Information Systems for Decision Support. 4. DSS Constituents.
Part 2: The Learning Organisation. 5. Knowledge-enabled Decision Support. 6. Knowledge Elicitation and Attainment. 7. Data Modelling 'Technology'. 8. Information Modelling. 9. Data Mart Development and Dynamic Model Instantiation. 10. Decision Modelling.
Part 3: Invited Contributions. 11. The DSS and IS Interaction Revisited. 12. Restoring Transparency to Computational Solutions; A. Geoffrion. 13. The Corporate Information Factory; B. Inmon. 14. Strategic Information Systems for Competitive Advantage; L. Ma, E. Turban. 15. Information Value; E. Thomsen.
Part 4: New Directions. 16. Embedded Decision Support. 17. Decision Support Service Provision (DSSP). 18. Imminent Decision Support. 19.
Epilogue. Index.

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