Knowledge-based decision making

Knowledge-based decision-making (KBDM) in management is a decision-making process that uses predetermined criteria to measure and ensure the optimal outcome for a specific topic. It is used to make effective and strategic decisions by establishing a thought process and reasoning behind a decision. It gathers vital background essentials to collectively increase understanding about a topic or agreed criteria. By more efficient decision-making and problem solving knowledge management can help individuals in organizations do their jobs better and also save time.

Knowledge-based decision making

Knowledge-based decision-making (KBDM) in management is a decision-making process that uses predetermined criteria to measure and ensure the optimal outcome for a specific topic. It is used to make effective and strategic decisions by establishing a thought process and reasoning behind a decision. It gathers vital background essentials to collectively increase understanding about a topic or agreed criteria. By more efficient decision-making and problem solving knowledge management can help individuals in organizations do their jobs better and also save time.