Abstract:

The environment of modern business specifies new demands to management, among which the most significant one is rapid and proper response to changes. Due t its key role, first of all changes in the quality of management decisions in the system of management is required, which is determined in many ways by the level of information assurance. The analysis of main sources of information for management decision-making showed, that all of them have significant risks of loss of information quality. Methods of system and comparative analyses, trend extrapolation and dynamic pattern, methods of risk assessment, used in the study, made it possible to make a conclusion, that to provide with proper quality it is necessary to use all possible sources of information in reference to each other. The following main restrictions in the procedures of management decision-making were revealed: craving for standardization of management situations without regard to environment change; ignoring of tools of psychological theory of decisions; decision-making on the basis of incomplete or incorrect information,  unreasonably high assessment of significance of certain sources and craving for handling information of certain source – the attempts of  transition to linear relationship and linear thinking. Researches of management problems also confirm some typical mistakes (conventional “formats”) and think that strategic creativity as symbiosis of analysis and free stream of ideas is required for success. Focused specialization in big companies can lead to segregation of subdivisions and reduces system specifications of information assurance and thereby, quality of management decisions. One of the tools of improvement of quality of information assurance of management processes is controlling. Nowadays efficient management implies introduction and assurance of balance between stability and flexibility under constant conditions as the key for development of high-quality management decisions and their good implementation.