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Purpose: This article presents a maturity model for the evaluation of the information-driven decision-making process (DMP) in small and medium enterprises. This model is called "Simplified Holistic Approach to DMP Evaluation (SHADE)". The SHADE model is based in the "Circumplex Hierarchical...
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A synthesis of existing Industry 4.0 literature depicts that knowledge management and decision making strategies are crucial factors for organizations. This article highlights the need and develops a framework for knowledge management and decision-making style by reviewing existing management...
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In accordance with recent research results provided by the neurobiologist Damasio and the psychologist Gigerenzer it is the aim of this paper to point out the limits of solely cognitive explanations and rational approaches to decision-making and problem-solving in the context of business and...
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