The relationship between technology advances and business decision making has a muddled past. The impracticability of decades-old concepts of artificial intelligence and the resources and skills necessary for big data analytics have limited the potential for technology-supported corporate decision making. Significant strategic, operational, financial, and resource investment decisions have generally relied upon a narrow set of data analytics, the experiential biases of decision makers, and plain old intuition.
IMT asserts the convergence of the following factors is now enabling a giant leap forward in the science of management decision making:
Management decision making processes will always leverage the personal experiences and intuition of managers. However, a more disciplined approach integrating risk management concepts and technology advances will improve decision speed and outcomes leveraging risk data and other facts sourced well beyond decision maker experiences. Enterprise managers must balance the need for deliberative decision processes with the need for speed in today's dynamic business environment.
More on IMT's view on trends in management concepts.
Intelligent Management Trends is an independent industry trends research consulting firm dedicated to analyzing the management trends, resources, and vendors enabling optimized decision making to achieve corporate objectives. We translate risk management standards and industry best practices into meaningful resource considerations for both business decision makers and vendors. Our goal is to improve market communication efficiency connecting enterprise customer needs and market demand with vendor capabilities to advance risk-aware business decision making.
We offer multiple access points for our research and market analysis and ways to collaborate with IMT:
IMT is led by Founder and Principal Advisor John Farrell, supported by a network of highly experienced primary researchers, market modelers, and analysts with both US and global market research capabilities. You can learn more about John’s influences, beliefs, and background that drive his interests in supporting more efficient enterprise decision making by accessing his bio here.
IMT offers a wide range of custom research consulting services for vendors, enterprises, and others interested in advancing risk-informed business decision making. Reach out to us to discuss your organizational challenges and interests and how we can help.
Our blog title urges the demise of business decision making based on static assumptions. Corporate objectives and decision making should be grounded in risk management principles bolstered by technology advances, real-time information sources, and analytics in today's dynamic business environment. Read our market insights and opinions on current management trends and vendors advancing the science of decision making in the pursuit of organizational objectives.