• DocumentCode
    275989
  • Title

    Qualitative judgemental forecasting methods for use in strategic decision making

  • Author

    Clarke, D.D.

  • Author_Institution
    Nottingham Univ., UK
  • fYear
    1992
  • fDate
    6-8 Apr 1992
  • Firstpage
    75
  • Lastpage
    79
  • Abstract
    Forecasting, in either implicit or explicit form, is a crucial capability for information-decision-action systems operating in uncertain environments. Strategic and operational decision making may depend heavily on predictions of what the physical environment, markets, competitors or enemies will do. However, the forecasting methods which are available at present divide between quantitative techniques and qualitative methods. Since neither technique can do the job of the other, and most problem domains present a mixture of quantitative and qualitative problems, this jeopardises the creation of a coherent management and control system and produces a ragged interface between technological decision support and human decision makers. The techniques given for structuring, performing, improving, evaluating and (eventually) automating qualitative forecasting tasks, can help to address these issues in several ways: by extracting and explicating the predictive principles of the human decision maker, they provide a form of knowledge elicitation suitable for look-ahead systems in a variety of domains; they provide a basis for evaluating prototype and partial systems; they provide manual alternatives in the interim, which self-adapt, create new insights, and continually produce their own methodological enhancements for use in system design and concurrent manual decision tasks
  • Keywords
    decision support systems; decision theory; forecasting theory; human factors; user interfaces; coherent management; competitors; concurrent manual decision tasks; control system; forecasting methods; human decision makers; information-decision-action systems; knowledge elicitation; look-ahead systems; manual alternatives; markets; operational decision making; partial systems; physical environment; predictive principles; problem domains; prototype; qualitative methods; quantitative techniques; ragged interface; strategic decision making; system design; technological decision support; uncertain environments;
  • fLanguage
    English
  • Publisher
    iet
  • Conference_Titel
    Information-Decision-Action Systems in Complex Organisations, 1992., International Conference on
  • Conference_Location
    Oxford
  • Print_ISBN
    0-85296-541-9
  • Type

    conf

  • Filename
    140389