Information Economics: A Practical Approach to Valuing Information Systems

1992 ◽  
Vol 7 (3) ◽  
pp. 169-176 ◽  
Author(s):  
Devra Wiseman
Keyword(s):  
Decision Making ◽  
Information Systems ◽  
Case Studies ◽  
Value Of Information ◽  
Information Economics ◽  
Scoring Systems ◽  
Decision Making Process ◽  
Public And Private ◽  
The Public ◽  
Technology Managers

This paper describes an approach to analysing the value of information systems to an enterprise, and the risks that the value will not be realised. The approach is called Information Economics (IE). A key use is to prioritize investments in information systems. It brings together business and technology managers, by providing, at one level, a tool they can use for scoring systems. At another level, it offers a decision-making process that provides a number of key benefits, such as improved communications. Two case studies, from the public and private sectors, show two different, practical uses of the Information Economics approach, and how it can be adapted to different organizations.

scholarly journals Exploration of Silence's Motives Towards the Work Decisions: The Case of Jordanian Public and Private Schools

2019 ◽  
Vol 9 (1) ◽  
pp. 266
Author(s):  
Osama Khaled Alkhlaifat
Keyword(s):  
Decision Making ◽  
Private Schools ◽  
Human Resources Management ◽  
Point Of View ◽  
Decision Making Process ◽  
Structured Interviews ◽  
Public And Private ◽  
The Public ◽  
Work Related ◽  
Last Stage

The aim of this study has been to investigate and provide a deeper understanding of the motives of silence towards the participation in the work-related decisions, in both the public and private schools in the Jordanian capital (Amman). ‘100’ teachers were interviewed using the semi-structured interviews through the available communication means. The pre-set questions were directed to the sample of the study to identify both the situations related to the decisions and motives leading to silence and non-participation from the respondents' point of view. The motives were classified according to the factors to which they belong, as well as the situations were classified according to each stage of the decision-making process, where some specialists in the field of human resources management had been asked to help in accomplishing the classification. The results showed that the largest percentage of respondents faced at least one situation in which they chose to remain silent. Most of the situations mentioned were related to the first and last stage of decision-making process (identifying the problem and following up the decision). The results also showed that most of the motives were related to the organizational practices by the officials, where the total iteration is twice as the personal motives.

scholarly journals Exploring Tools for Public Real Estate Enhancement in Italy: From Criteria to Decisions

2021 ◽  
Vol 13 (2) ◽  
pp. 622
Author(s):  
Marzia Morena ◽  
Genny Cia ◽  
Alessandra Migliore ◽  
Stefano Mantella
Keyword(s):  
Decision Making ◽  
Real Estate ◽  
Public Administration ◽  
Public Utility ◽  
Decision Making Process ◽  
Public And Private ◽  
The Real Estate ◽  
The Public ◽  
Public Property ◽  
Technical Features

The debate on public real estate enhancement is prominent and requires innovative strategies to assure economic and social sustainability. This article aims at systematizing the currently available methods and tools of public property enhancement in Italy, proposing a system of criteria to support the public administration (PA) in the decision-making process when managing public real estate enhancement oriented towards public utility. Namely, this article considers and assesses consolidated and innovative public real estate enhancement methods and tools currently available to the Italian PA according to the “endogenous criteria” of the real estate tools and “criteria of purpose” of the public administration promoting the enhancement process. The final aim is to support the decision-making process of PAs and help both public and private actors in grasping and managing the complexity of public real estate enhancement. An overview of the literature and of reference laws on public property enhancement builds the research framework, together with a path of research, dialogues, and fieldworks with the Italian State Property Agency (Agenzia del Demanio). The decision-making process of PAs for selecting a suitable enhancement strategy or tool should rest on endogenous criteria and criteria of purpose. Specifically: (i) the distinct technical features of each public asset; (ii) the public utility aim that the public entity intends to pursue; (iii) the needs of the community (i.e., the demand); (iv) the skills available within the PA that promotes the strategy.

Geographic Information Systems in the Public Sector

2003 ◽  
pp. 252-270 ◽  
Author(s):  
T. R. Carr
Keyword(s):  
Decision Making ◽  
Information Systems ◽  
Geographic Information Systems ◽  
Public Sector ◽  
Geographic Information ◽  
Public And Private ◽  
The Public ◽  
Public Managers ◽  
Gis Applications ◽  
Management Decision Making

Geographic information systems emerged in the 1970s and have become significant decision-making tools as their capabilities have been enhanced. This chapter includes a brief discussion of various GIS applications and a more detailed discussion of issues that public managers should consider when evaluating implementation of a geographic information system. GIS applications provide benefits at the basic level in terms of producing maps efficiently, at the planning level through the use of database applications, and at the management decision-making level through an ability to access relational databases for policy-level decisions. In considering the capacity of GIS in the public sector, concise definitions of the major application theories—vector and raster—are offered to provide a basic understanding of the analytical process and GIS toolkit aspects. Issues impacting GIS implementation include needs assessment, project planning, access to public records, liability issues, public and private partnerships, dissemination of information, and privacy issues. Public managers should be aware of difficulties associated with justification of costs associated with GIS implementation and that a hesitancy exists on the part of GIS program managers to share missteps and implementation failures.

Expanding the Scope of Health Information Systems

2007 ◽  
Vol 46 (04) ◽  
pp. 500-502 ◽  
Author(s):  
D. A. Giuse ◽  
L. Lapão ◽  
S. H. R. Wurst ◽  
K. A. Kuhn
Keyword(s):  
Decision Making ◽  
Information Systems ◽  
Health Information ◽  
National Health ◽  
Architectural Design ◽  
Large Scale ◽  
Health Information Systems ◽  
Decision Making Process ◽  
Health It ◽  
The Public

Summary Objectives: To identify current developments, obstacles, and opportunities for health information systems. Methods: International reports werediscussed during an IMIA HIS Working Conference with a focus on architectural design, project goals and drivers, obstacles, and opportunities. Results: Technology and standards are available to build regional and national health IT networks, and successful implementations are currently being realized. There is, however, little consensus and communication concerning goals, benefits and risks of large-scale health IT initiatives. Complexity tends to be underestimated, and the public needs to be more involved in the decision-making process. Conclusion: On all levels and across borders, a climate of exchange of ideas, experiences – both successes and failures-, policies, standards, systems, and information should be created.

scholarly journals Public Perception on Quality of Decision-Making Process by Female Leader of Southeast Minahasa Regency

2019 ◽  
Vol 8 (2S9) ◽  
pp. 211-214
Keyword(s):  
Decision Making ◽  
Research Method ◽  
Public Perception ◽  
Decision Making Process ◽  
Female Leaders ◽  
Public And Private ◽  
The Public ◽  
Private Organizations ◽  
Female Leader

Decision making is one of the duties of a leader, both leaders in public and private organizations. The research aims to analyze the public perception on the quality of the decision-making process by the female leader of the local government. Descriptive qualitative research method was employed, and the data was collected through observation, interviews and documentation. The results of the study show that the stages in decision making process had not been conducted properly. Decisions were not taken based on clear and accurate data and information that made it hard to be legally, morally and ethically accountable in the scope of administration. The aspirations of people received less attention, rarely involving subordinates, insufficient understanding of regulation causes nonprocedural, unconstitutional, and discretionary decisions. As a recommendation, it is necessary to conduct further research related to the decision-making process of female leaders.

A Decision Methodology for Determining Suitable Post-Disaster Accommodations: Reconsidering Effective Indicators for Decision-making Processes

2020 ◽  
Vol 17 (3) ◽  
Author(s):  
S. M. Amin Hosseini ◽  
Albert de la Fuente ◽  
Oriol Pons ◽  
Carmen Mendoza Arroyo
Keyword(s):  
Decision Making ◽  
Case Studies ◽  
Natural Hazard ◽  
Recovery Process ◽  
Decision Making Process ◽  
Temporary Housing ◽  
Universal Approach ◽  
Decision Making Processes ◽  
Main Factors ◽  
Post Disaster

AbstractOne of the main challenges in assisting displaced persons who have lost their homes as a result of a natural hazard is the provision of adequate post-disaster accommodations, such as temporary housing. Although the need for temporary housing has increased around the world in recent years, it has been criticized on economic, environmental, and social grounds. A universal approach to post-disaster accommodations cannot successfully deal with this issue because each recovery process involves a unique set of conditions. Therefore, rather than defining a specific strategy, this study aims to present an approach capable of producing customized strategies based on contextual and social conditions. To this end, first, the main factors influencing the choice of post-disaster accommodations are identified through five case studies. It is concluded that all of the factors can be organized into three main vertices to simplify the highly complex issues involved in post-disaster accommodations. The case studies also show that the decision-making process consists of two main parts. To date, a recurring failure to distinguish between these two parts has led to unsuitable outcomes. Thus, this paper presents a new decision-making methodology, consisting of multiple steps, phases, and indicators based on the main vertices.

scholarly journals Decision Making in Committees: Transparency, Reputation, and Voting Rules

2007 ◽  
Vol 97 (1) ◽  
pp. 150-168 ◽  
Author(s):  
Gilat Levy
Keyword(s):  
Decision Making ◽  
Career Concerns ◽  
Decision Making Process ◽  
Voting Rules ◽  
The Public ◽  
Voting Rule ◽  
The Right

In this paper I analyze the effect of transparency on decision making in committees. I focus on committees whose members are motivated by career concerns. The main result is that when the decision-making process is secretive (when individual votes are not revealed to the public), committee members comply with preexisting biases. For example, if the voting rule demands a supermajority to accept a reform, individuals vote more often against reforms. Transparent committees are therefore more likely to accept reforms. I also find that coupled with the right voting rule, a secretive procedure may induce better decisions than a transparent one. (JEL D71, D72)

scholarly journals Wind Power Deployment: The Role of Public Participation in the Decision-Making Process in Ontario, Canada

2021 ◽  
Author(s):  
Anahita A. Jami ◽  
Philip R. Walsh
Keyword(s):  
Decision Making ◽  
Renewable Energy ◽  
Public Participation ◽  
Wind Power ◽  
Knowledge Broker ◽  
Decision Making Process ◽  
Energy Investment ◽  
The Public ◽  
Public Opposition

A wider use of renewable energy is emerging as a viable solution to meet the increasing demand for global energy while contributing to the reduction of greenhouse gas emissions. However, current literature on renewable energy, particularly on wind power, highlights the social barriers and public opposition to renewable energy investment. One solution to overcome the public opposition, which is recommended by scholars, is to deploy a collaborative approach. Relatively little research has specifically focused on the role of effective communication and the use of a knowledge-broker in collaborative decision-making. This study attempts to fill this gap through the proposition of a participatory framework that highlights the role of the knowledge-broker in a wind project decision-making process. In this paper, five illustrative wind projects in Ontario are used to highlight the current situation with public participation and to address how the proposed framework could have improved the process. Based on the recommended collaborative framework, perception must shift from the dominant view of the public as “a risk to be managed” towards “a resource that can be tapped”. The developers need to improve sharing what they know and foster co-learning around questions and concerns.

scholarly journals A Voyage of Esprit-De-Corps: A Sectorial Comparison

2019 ◽  
Vol IV (II) ◽  
pp. 10-19
Author(s):  
Tabassum Naz ◽  
Allah Bakhsh Malik ◽  
Marium Din
Keyword(s):  
Decision Making ◽  
Private Sector ◽  
T Test ◽  
Faculty Members ◽  
Decision Making Process ◽  
Leadership Communication ◽  
Public And Private ◽  
Public And Private Sector

Esprit-De-Corps encompasses cohesion, loyalty and unity within an organization. The study is focused on the existing threads of EspritDe-Corps and its comparison in public and private sector universities. A sample of 533 faculty members was taken. The team STTEPS (T-TAQ) questionnaire was adapted for collecting the data. The data was analyzed through Percentage, mean and t-test. It was concluded that the strands of Esprit-De-Corps are more prevalent in private sector universities. It is recommended that faculty members may be involved in decision making process and trainings pertaining to leadership, communication and other live skills may be imparted.

scholarly journals PERENCANAAN SKEMA SISTEM INFORMASI UNTUK AKTIVITAS MANAJEMEN

2016 ◽  
Vol 4 (1) ◽  
Author(s):  
Mahir Pradana
Keyword(s):  
Decision Making ◽  
Information Systems ◽  
Management Information System ◽  
Value Of Information ◽  
Management Information Systems ◽  
Management Process ◽  
Management Information ◽  
Information Systems Use ◽  
And Control ◽  
Support Decision Making

Mahir Pradana; The search for as much information as possible is needed to achieve maximum results in a management process. Information is also needed as a source of evaluation of the development of an organization, institutions, companies, and departments. Thus, the management process is inseparable from the use of information systems, which is a set of components that are interconnected, collect, process the store, and distribute information to support decision-making and control in an organization. This article examines the theories of management information system to be used as a reference in the domain of management information systems.Keywords: Management Information Systems, Use Of Information Systems, The Value Of Information Technology.

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