Adding Value to Client Decision Making: Better Strategic, Line, and Portfolio Decisions

The final outcome from information and knowledge, that which provides intrinsic value to an organization, is decisions. Indeed, economics Nobel Prize winner Herbert Simon contends that management is decision making.1 The greatest value added to clients through transferring knowledge is ultimately found in better business decisions: those resulting in better outcomes for companies in terms of profitability, shareholder value, or other measures applied to gauge their success.