From Data to Corporate Decision-Making Process

The significance of information in companies, businesses, and organizations is now widely recognized. Information serves as the foundation from which knowledge and corporate experience are derived. Managers are entrusted with guiding organizations toward their objectives by making informed decisions. As a result, organizations increasingly prioritize access to data and information to gain a competitive edge. While the importance of technology is acknowledged, so too is its complexity. In this chapter, we will explore how a well-informed decision-making process supported by effective information management can serve as a crucial tool for controlling corporate risk.