The Prospects of Intelligent Technologies for Strategic Decision Making: A Theoretical Thesis

Master's Thesis from the year 2016 in the subject Business economics - Business Management, Corporate Governance, grade: 12, University of Aarhus (Department of Management), language: English, abstract: The man-computer symbiosis theory favors a future in which computers empower humans. Following this perspective, the prospects of an intellectual partnership between intelligent systems and managers in decision making are evaluated. The review of strategic decision making research reveals that managers are restricted by their individual cognitive capacities and at the most try to approximate rationality. Whereas increasingly perceptual and cognitive skills can be simulated by so called intelligent systems. The emergence of intelligent systems is assumed to impact how strategic decisions are made in the future. This thesis proposes that intelligent systems bring the possibility along for managers to transcend their cognitive frames and partly overcome cognitive limits. Furthermore, based on that cooperation managers become able to make better informed and timelier decisions.