IT Governance, Risk, and Compliance

Aug 23 2010   4:15PM GMT

Compliance through Automation: Decision Support Systems – Part VIII



Posted by: Robert Davis
Tags:
Compliance Management
Control System
Decision Support Systems
Decision Techniques
DSS
Game Theory
Information System
Linear Programming
Operations Research
Word Processing Software

Decision-making is the process of evaluating alternatives and choosing from among them. Information may drive leadership; however, data accuracy and completeness are prerequisites to ensuring appropriate decisions are made. A DSS commonly assists middle-level and upper-level managers in long-term, non-routine, and often unstructured decision-making. Typically, the deployed system contains a least one decision model, is usually interactive, dedicated, and time-shared; but need not be real-time. Thus, a DSS should be viewed as an aid in decision-making rather than simply the automation of decision processes. Managers should concentrate upon making professional compliance decisions based on a DSS that reduces the risk of inappropriate responses to the entity’s environment.

View Part I of the Compliance through Automation: Decision Support Systems series here

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