Making the Right Decisions based on Data and Business Knowledge

By Diego Angarita On September 21, 2017

“If you know your enemy and you know yourself, you will not be imperiled in a hundred battles”, Sun Tzu

At some point in life, every person in this world has been forced to make a decision whether it's what they’re having for breakfast or even to decide who they’ll marry, decisions are a daily thing in life for all human beings. Merriam-Webster’s Dictionary defines Decision as “a determination arrived at after consideration”, or more simply put, it’s choosing between 2 or more alternatives. These decisions depend on situation, circumstances, objectives, goals, and the expected results. But decision-making affects not only the lives of human beings, they’re also present in the business world, and this is where we’ll focus.

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3 Simple Steps That Will Help Improve Your Managerial Information Process

By Néstor Cordero On September 15, 2017

"For your company to reach great distances, there’s no better vehicle than information" - Néstor Cordero

Information within organizations has been a critical success factor, from the dawn of industrialization, data generation and their use for strategic management and decision making has marked the fate of companies. From the 20th Century and even more during the 21st, the revolution of information technologies and the implementation of entrepreneurial systems generated an exponential increase in the amount of data provided by a company’s different areas, presenting a challenge for upper management that requires a structured systemic process to be able to transform the sea of data into efficient and effective information which rebound in effective decision making for the organization.

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