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Decision support for planning: experiences from the mergers and acquisitions domain

Author: Dutta, Soumitra INSEAD Area: Technology and Operations ManagementIn: DSS-91 transactions, proceedings of the 11th international conference on decision support systems by I. Zigurs, 1991 Language: EnglishDescription: p. 142-155.Type of document: INSEAD ChapterNote: Please note that no copies are availableAbstract: In contrast to "decision making", planning has a distinct temporal dimension and calls for a sequence of temporally separated, inter-dependent decisions to be made over a period of time. This enables the explicit incorporation of the learning necessary during the complex iterative process of achieving a goal. This paper outlines the distinctions between decision makingand planning and uses the domain of mergers and acquisitions to explore different directions for extending the scope of conventional DSS to form effective planning support systems
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In contrast to "decision making", planning has a distinct temporal dimension and calls for a sequence of temporally separated, inter-dependent decisions to be made over a period of time. This enables the explicit incorporation of the learning necessary during the complex iterative process of achieving a goal. This paper outlines the distinctions between decision makingand planning and uses the domain of mergers and acquisitions to explore different directions for extending the scope of conventional DSS to form effective planning support systems

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