Task 4:

Critically review four methods an organisation can use to develop data collection to inform and support strategic decision making. Consider internal and external sources of information capture and the potential benefits of utilising wider sources for the organisation. Where possible conceptual evaluative techniques should be used, to add validity and robustness to processes.

Describe how an organisation can analyse the impact of information on strategic management decisions. Explain why it is important to have a rigorous process to analyse the impact information can have on strategic decisions.

Review four methods an organisation can use to develop data collection to inform and support strategic decision making. Consider internal and external sources of information capture and the potential benefits of utilising wider sources for the organisation.

Guideline word count: 450 - 550 words

A.C. 4.1 - Critically identify methods of evaluating management information within an organisation

A.C 4.2 Formulate processes and methodologies for analysing the impact of information on the strategic decisions made

A.C 4.3 Determine methods of developing information capture to inform and support strategic decision making