MGT 125 Lecture Notes - Lecture 25: Information Security, Decision-Making, Bounded Rationality

12 views2 pages

Document Summary

Useful information is vital to managerial control. Management information systems provide managers with information to enable control. Information security is important in ensuring organisation performance data is controlled so that competitors cannot access information. Connect best practise strategies and goals: the organisations strategies and goals should dictate what types of best practises might be most valuable to others in the organisation. Identify best practises throughout the organisation: organisations must have a way to find out what practises have been successful in different work areas and units. Develop best practises reward and recognition systems: once best practises have been identified, that information needs to be shared with others in the organisation. Create a best practises knowledge-sharing system: there needs to be a formal mechanism for organisational members to continue sharing their ideas and best practises. Nurture best practises on an ongoing basis: create an organisational culture that reinforces a "we can learn from everyone" attitude and emphasises sharing information.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents