Effective decision-making is an essential skill for any information management professional. The information management field is constantly changing, and it is important to stay on top of the industry trends in order to make the most informed decisions. Engage in a reflective exercise that examines the decision-making process as it applies to new and emerging technologies and how those decisions affect more than just the group or organization implementing them.

Discuss how information management professionals assess trends to make long-range forecasts for spending and planning. Consider the following questions for your reflection:

• Who should decide which trends to analyze?
• Should the analysis take into account past success or failures implementing new technologies?
• Does the trend need to have been in the market for a certain period of time?
• What's the best method to present recommendations? Graphs? Charts? Simple statements?
• How much input should others have in the analysis? How does a professional know when to stop reaching out to others?

Please use APA in text citations and also a reference list of sources used.