| The stage of financial decision-making |
The most significant transformational change |
Number of responses from respondents who highlighted the corresponding change |
Causes of transformational change |
Number of responses from respondents who identified the corresponding reasons of the change |
| Collecting and evaluating information necessary for making a financial decision |
Significantly reduce the time spent collecting information |
35 |
- Work of all users in one information system- Uniform rules for entering information- Standardization of business processes |
241912 |
| Monitoring the results of financial decision-making |
Increasing the transparency of the monitoring process |
31 |
- Increasing the availability of information- The mandatory process of entering information- Regularity of the information input process |
211715 |
| - implementation of a financial desicion; |
Increasing the level of personal responsibility for the implementation of the decision |
29 |
- Fixation of the responsible persons in the information system- General division of responsibility areas- The use of mandatory informing means |
20117 |
| Setting a financial goal |
Increasing the level of financial goal specification |
27 |
- The appearance of a sufficient amount of information- Increasing the speed of obtaining information- Improving the quality of information |
231814 |
| Making a financial decision |
Slowing down financial decision-making |
22 |
- Making comparisons with similar decisions made earlier- Use of additional analytical information- Comparison with planned indicators, if possible |
16138 |
| Identifying options for achieving the financial goal |
The sample survey did not reveal any transformational changes at this stage of financial decision-making |
