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Module Description

This unit is about using management information to inform and support strategic decision making.

At the end of the unit the following competences will have been achieved and the learner will be able to:

• Identify the features of data and information
• Determine the criteria to be applied when selecting data and information to support decision making
• Evaluate the impact of a management information system to an organisation
• Determine the legal responsibilities in sourcing, sharing and storing information
• Discuss when information should be offered and access allowed
• Evaluate the formats in which information can be offered
• Analyse information to identify patterns and trends
• Evaluate a range of decision making tools and techniques available to support a strategic decision
• Determine the sources available to assist in analysing data and information
• Identify methods of evaluating management information within an organisation
• Discuss processes for analysing impact of information on strategic decisions made
• Determine methods of developing information capture to inform and support strategic decision making
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