Organizational processes as determinants of information value

Research on the determinants of information value has not explicitly considered whether the type of organizational process participated in by a decisionmaker has an effect on his/her evaluation of information on which the decision is based. Much important managerial activity in organizations is carr...

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Bibliographic Details
Published in:Omega (Oxford) 1987, Vol.15 (2), p.103-111
Main Authors: Szewczak, Edward J, King, William R
Format: Article
Language:English
Subjects:
Applied sciences
Decision theory. Utility theory
Exact sciences and technology
Operational research and scientific management
Operational research. Management science
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Summary:Research on the determinants of information value has not explicitly considered whether the type of organizational process participated in by a decisionmaker has an effect on his/her evaluation of information on which the decision is based. Much important managerial activity in organizations is carried on through formal or informal processes such as budgeting and strategic planning. If process differences are significant determinants of the way in which information is valued, the inclusion of this element into the framework for thinking in this area might add considerably to our ability to prescribe appropriate managerial processes as well as to our understanding of differences in the outcomes of decision processes. This empirical study suggests that organizational process type does have a significant effect on the determination of information value in the context of two generic process types (individual, group) that were evaluated in a strategic decisionmaking context.
ISSN:0305-0483
1873-5274
DOI:10.1016/0305-0483(87)90024-7