The Significance of Knowledge Management Systems at Financial Decision Making Process

Abstract

Nowadays Knowledge management has been of great interest globally. Bahraini's Bank have been given interest to IT investment in knowledge Management. This paper concentrate on the availability of Knowledge-Based System and the benefits estimated from the use of such a system in increasing the effectiveness of decisions. The paper highlights the need for an automated tool to support the decision-making process. The affect of four factors, representing the use of KMS, had been studied to see their effect on decisions. These factors are: availability of required technologies, capabilities of individuals, coordination between departments, and acceptance and trust of decision makers. Overall, the results show that there was a significant relationship between the effectiveness of decision making and the availability of required technologies, capabilities of individuals and coordination between departments. On the other hand, there was no relationship between the effectiveness of decision making and acceptance and trust of decision makers in Bahraini banks. [ABSTRACT FROM AUTHOR] Copyright of International Journal of Business & Management is the property of Canadian Center of Science & Education and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)