Organizational decisions are not as effective because we have not been able to explicitly connect organizational Knowledge to decisions. Formal decision modeling helps deploy existing knowledge and highlights knowledge gaps that need to be filled.
Knowledge is diffused across the organization
How do we know if we are making good decisions? When we are confident that we have used all available knowledge in making that decision.
How can we tell if our knowledge is good or bad? There is no clear measure of knowledge but its value is understood and appreciated. We know that there is a lot of effort and investment in increasing organizational knowledge. Procedure Manuals, Training Programs, Collaboration Sites, Intranets, Portals, Share point and others are all geared towards making organizations better through pooling and managing the communal knowledge.
Decision makers are supposed to become knowledgeable on their own