All 2 entries tagged Decision
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April 01, 2011
Something just flashed my mind (Think am being to critical these days!)
We are all in the view, and so does the literature suggests that knowledge is a valuable asset. Right knowledge available at the right time is what must be aimed through IT knowledge bases as well.
On the contrary, can we say that there could be cases, where extensive and elaborate knowledge bases (not only IT based) may be used as readymade solutions and could halt creative thinking!? Say,an organizationa has an excellent knowledge base, with effective collection, storage and dissemination, in such a case, could it be that a decision that'd be available from a previous experience cause a bias in the mind of the decision maker (even though no two problems would generally be exactly the same), and hence lead to ineffective decision making?
Maybe this is a part of knowledge 'Management'! But how can a trade-off be achieved!?
Eager to listen to your views..
March 18, 2011
After todays presentations, an interesting insight to the how one problem can penetrate and result in different decisioning, and in the end, you never know which one was better, because its all about trying to gain the highest probability of success..
What bothers me still is how organizations would come to the decision? If me as one among the bard of directors, was to make this decision, I would be so confused! All the approaches have some mathematical and logical evidence. They clearly show an indepth analysis. Even if we assume there was minimum bias ( which is though practically impossible) after all these different opinions, i would probably inevitably and unknowingly add a bias with regard to my first opinion or representativeness!
Bias is so inherent in human nature and minimizing it could be so difficult. Thinking robotic, as I also blogged previously, would just not be possible. (Probably articficial intelligence develops enough someday to minimize this).