However, every technology implementation requires extensive IT skills, education and training. This paper covers the analysis of different aspects of the information requirements and management decision-making at different organizational levels that require education and training. In this scenario this research will present a detailed analysis of different features of information requirements and management decision-making business systems implementation regarding education and training.
Society is going toward the new era where the future fundamentally will be determined through peoples capability to intelligently utilize knowledge, a valuable global resource that is the personification of human intellectual technology and capital. Since, the new knowledge-based business and economy offer a great deal facilities for the distribution, utilization of information and knowledge, and its creation. Thus, in this latest economy, companies and individuals are required to pay attention on the ways that can be used to enhance and maintain their knowledge capital to bring innovation since the capability to adapt, learn, and change has turned out to be a core competency to survive in the marketplace (Psarras, 2007) and (Sunassee & Sewry, 2003). Psarras (2006) stated that it is apparent that in the latest knowledge-based financial system the need for training and education will increase. However, to effectively manage the economic system, new information technology offers the transformation in companies and individuals that will best attain their educational objectives as well as best satisfy the demand for business knowledge (Psarras, 2007). This paper presents a detailed analysis of the information requirements and management decision-making at different levels within the education and training sector.
Martins (2007) outlined that in last decade business and corporate knowledge management (KM) have started to come out as an area of interest in business,