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CMI Study Unit

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Strategic information management

This unit equips you with the knowledge to guide information management strategies, supporting better executive decision making

Effective use of information is pivotal to the development of effective strategy.

Study Unit Code: 7004V1

Study Unit Group: A

Study Unit Credits: 9

Maximum flexibility: Study online, with full Tutor support as and when you need it.

Assignment Summary

Explain the importance of data and information analysis to support effective strategic and management decision making. You should cover how information is captured and disseminated, the role of management information systems, the tools and techniques available, legal responsibilities, as well as discussing the processes for analysing the impact of information management on strategic decisions made.

Upon completion of this CMI unit you will be able to:

  • Understand the impact of management information on decision making.
  • Understand the importance of information sharing within the organisation.
  • Use information to inform and support strategic decision making
  • Monitor and review management information.

  • Course Materials

    All of the below are techniques related to the Study Unit and can be read, applied and referenced in completion of the Study Unit.

    Bounded Rationality Model of Decision-Making Business Intelligence Commercial Intelligence Corporate Audits Cost-Benefit Analysis Cost-Volume-Profit Analysis Credit Analysis Customer Profiling Customer Satisfaction Financial Statement Analysis Five Forces Analysis / Framework Human Resources Information Systems Information Database Marketing Information Management Knowledge Capital Knowledge Management Organisational Cybernetics Spend Analysis Supply Chain Complexity Tactical vs. Strategic Purchasing Warehouse Management Systems Game Theory Freedom of Information Act 2000 Logistics and Supply Chain Management

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