This research develops 45 evaluation criteria for “high-velocity” strategic Decision Support Systems (DSS), and uses them to evaluate 16 popular commercial DSS tools for their fit in supporting “high-velocity” strategic decision-making. Results illustrate the assertion that few currently-available DSS tools support “high-velocity” strategic decision requirements. Based on the findings, the auth...

The practice of strategic management proves that when the management board is strongly limited in its capacity to take rational actions, specifically in the context of great decision complexity and uncertainty, it is good practice to refer to experience through reasoning by analogy. In this paper we would like to concentrate on supporting strategic decisions for SMEs in turbulent environments. ...

Foraging for resources is a fundamental behavior balancing systematic search and strategic disengagement. The foraging behavior of primates is especially complex and requires long-term memory, value comparison, strategic planning, and decision-making. Here we provide evidence from two different foraging tasks that neurons in primate posterior cingulate cortex (PCC) signal decision salience duri...

The decision of information technology (IT) outsourcing requires close attention to the evaluation of supplier selection process because the selection decision involves conflicting multiple criteria and is replete with complex decision making problems. Selecting the most appropriate suppliers is considered an important strategic decision that may impact the performance of outsourcing engagement...