Implementing Decision-Based Management

The most important issue in DBM is the identification of all strategic, tactical, and operational decisions required for the effective management and operation of the enterprise. Such identification should include the origin, purpose, objective, impact, timing, and dynamics of the required decisions, as well as the resources needed and information on location, as well as other particulars pertaining to and defining the actions constituting fulfillment of the decisions.

Decisions usually form parts of decision trees and their performance affects and often triggers other decisions. Their performance in turn generates information essential for the performance of other decisions. It is therefore important to define the interdependence of the information generated by decisions and use it to establish an information management system (MIS) which defines the operation of the enterprise.