Decision architecture

Enterprises encounter steady streams of decisions in the course of doing business.  These range from simple front-line decisions with customers or clients to complex and far-ranging strategic decisions, such as a corporate merger or acquisition. The key here is that reduction of uncertainty in the decision-making process depends on the information that reduces uncertainty to the level where a decision can be made with confidence.

Elements:

  • Decision
  • role-player
  • institution
  • domain element
  • information