Taxonomy of a decision: ranking operational decisions within the SME
by Andrew Lynch, Con Sheahan
International Journal of Decision Sciences, Risk and Management (IJDSRM), Vol. 1, No. 1/2, 2009

Abstract: Classical biological taxonomy comprises of three distinctive processes: the identification, classification and nomenclature of a given entity. This research applies the taxonomic process to operational decisions within the SME, allowing one such decision to be rated over another. The methodology was then applied to a case study company, before and after the introduction of decision support software (DSS), for a key decision-making process within that organisation. The value of this research lies in the ability to empirically measure the effect DSS (or a training program) has on a particular operational decision.

Online publication date: Sat, 18-Jul-2009

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