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A Managers Guide For Better Decision Making
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Book Synopsis A Manager's Guide for Better Decision-Making by : Abu S.M. Masud
Download or read book A Manager's Guide for Better Decision-Making written by Abu S.M. Masud and published by CRC Press. This book was released on 2021-10-29 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: An important activity for an organization’s leaders and managers is making decisions associated with problem-solving. Making decisions is a complex endeavor where choices are made from courses of action where resources are limited and in the presence of constraints. Written as a guide, this book offers a quantitative approach to decision-making. The process of decision-making is presented from a holistic point of view. This book offers a basic understanding of the issues and processes involved in decision-making by presenting the tools associated with problem analysis, tools that enable developing choices, as well as tools used to normalize judgment criteria achievement so that they are comparable across measures using different scales. Several solution methods for decision problems that have one evaluation criterion are explained first. Methods for problems with multiple criteria for evaluating alternate solutions are discussed as well. The multiple criteria methods include those that do not require any explicit preference or trade-off information from the decision-maker and those that do require the decision-maker’s preference or trade-off information. The intended audience of the book includes technical and nontechnical professionals, managers, and supervisors at all levels, and engineering and business educators. The book would also be useful to undergraduate students, beginning graduate students, and recent graduates of professional programs, or in mathematics, computer science, natural sciences, and humanities.
Book Synopsis A Manager's Guide for Better Decision-Making by : Abu S. M. Masud
Download or read book A Manager's Guide for Better Decision-Making written by Abu S. M. Masud and published by CRC Press. This book was released on 2021-10-29 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: An important activity for an organization's leaders and managers is making decisions associated with problem-solving. Making decisions is a complex endeavor where choices are made from courses of action where resources are limited and in the presence of constraints. Written as a guide, this book offers a quantitative approach to decision-making. The process of decision-making is presented from a holistic point of view. This book offers a basic understanding of the issues and processes involved in decision-making by presenting the tools associated with problem analysis, tools that enable developing choices, as well as tools used to normalize judgment criteria achievement so that they are comparable across measures using different scales. Several solution methods for decision problems that have one evaluation criterion are explained first. Methods for problems with multiple criteria for evaluating alternate solutions are discussed as well. The multiple criteria methods include those that do not require any explicit preference or trade-off information from the decision-maker and those that do require the decision-maker's preference or trade-off information. The intended audience of the book includes technical and nontechnical professionals, managers, and supervisors at all levels, and engineering and business educators. The book would also be useful to undergraduate students, beginning graduate students, and recent graduates of professional programs, or in mathematics, computer science, natural sciences, and humanities.
Book Synopsis Guide to Decision Making by : Helga Drummond
Download or read book Guide to Decision Making written by Helga Drummond and published by John Wiley & Sons. This book was released on 2012-08-07 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive look at decision-making practices and what can be done to eradicate errors Designed to help companies in any industry make fewer mistakes, The Economist Guide to Decision Making is an in-depth look at the tools and techniques for preventing errors and improving efficiency. Exploring how and why decisions go awry in the first place; what decision-makers can do to counter the psychological, social, and other forces that can undermine individual judgment and pull organizations off course; and highlighting often overlooked aspects of the science of decision making, the book illustrates how mistakes really happen so that they can be better avoided. Drawing on examples taken from companies around the world, including Motorola, EMI, and the London Stock Exchange, as well as gold mines in South Africa, and food contamination scandals in China, The Economist Guide to Decision Making thoughtfully considers how companies can be more effective and improve their decision-making strategies. Presents new ways for companies to improve their decision-making processes Explains how decision-making works and discusses the tools available for helping reduce the likelihood of errors Draws on examples taken from companies around the globe Decision making can never prevent mistakes entirely, but a better understanding of how to improve practices and processes is invaluable for companies looking to increase their overall efficiency. The Economist Guide to Decision Making leads the way.
Book Synopsis Structured Decision Making by : Robin Gregory
Download or read book Structured Decision Making written by Robin Gregory and published by John Wiley & Sons. This book was released on 2012-03-19 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book outlines the creative process of making environmental management decisions using the approach called Structured Decision Making. It is a short introductory guide to this popular form of decision making and is aimed at environmental managers and scientists. This is a distinctly pragmatic label given to ways for helping individuals and groups think through tough multidimensional choices characterized by uncertain science, diverse stakeholders, and difficult tradeoffs. This is the everyday reality of environmental management, yet many important decisions currently are made on an ad hoc basis that lacks a solid value-based foundation, ignores key information, and results in selection of an inferior alternative. Making progress – in a way that is rigorous, inclusive, defensible and transparent – requires combining analytical methods drawn from the decision sciences and applied ecology with deliberative insights from cognitive psychology, facilitation and negotiation. The authors review key methods and discuss case-study examples based in their experiences in communities, boardrooms, and stakeholder meetings. The goal of this book is to lay out a compelling guide that will change how you think about making environmental decisions. Visit www.wiley.com/go/gregory/ to access the figures and tables from the book.
Book Synopsis Decide and Conquer by : Stephen P. Robbins
Download or read book Decide and Conquer written by Stephen P. Robbins and published by Pearson Education. This book was released on 2014-10-06 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Make better decisions – every day, everywhere! Decide and Conquer, Second Edition
Book Synopsis Managing with Style by : Alan J. Rowe
Download or read book Managing with Style written by Alan J. Rowe and published by Jossey-Bass. This book was released on 1987-11-27 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzes psychological styles used in decision making and shows how an understanding of style helps one to manage successfully. Uses well-known figures in business and government to illustrate the four basic decision styles: directive, analytical, conceptual, and behavioral. Explains how to measure a person's preferred style using Decision Style Inventory.E
Book Synopsis Effective Decision Making (REV ED) by : John Adair
Download or read book Effective Decision Making (REV ED) written by John Adair and published by Pan Macmillan. This book was released on 2011-02-28 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few managers devote enough attention to the thinking processes they should apply to their jobs. Yet long, energetic hours at work are wasted if business decisions are not logical, clear – and correct. Effective Decision Making is the definitive guide to the crucial managerial skill of creative thinking. In this classic book John Adair, Britain’s foremost expert on leadership training, tells you everything you need to know to enable you to analyse your own thought processes, think outside the box and know when to turn to others to help you make your decisions. Including advice on every aspect of the decision-making process, Effective Decision Making will help you to: • Approach problems efficiently and effectively – define objective, collect information, develop options, evaluate, decide and implement • Think in a more imaginative way • Know when to rely on your intuition • Feel more confident about arguing your case • Develop your thinking skills With examples of good and poor decision making, as well as exercises designed to help you maintain and improve your mental fitness, Effective Decision Making will enable you to master one of the most important skills needed to make you an effective leader.
Book Synopsis Decision Analysis for Managers by : David Charlesworth
Download or read book Decision Analysis for Managers written by David Charlesworth and published by Business Expert Press. This book was released on 2013-03-13 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Everybody has to make decisions—they are unavoidable. Yet we receive little or no education or training on how to make decisions. Business decisions can be dif_ cult: which people to hire, which product lines or facilities to expand and which to sell or shut down, which bid or proposal to accept, which process to implement, how much R&D to invest in, which environmental projects should receive the highest priority, etc. This book gives you all the tools you need to... • clarify and reach alignment on goals and objectives and understand trade-offs in reaching those goals, • develop and examine alternatives, • systematically analyze the effects of risk and uncertainty, and • maximize the chances of achieving your goals and objectives. Success (getting what you want) depends on luck and good decision making. You can’t control your luck, but you can maximize your odds by making the best possible decisions, and this book gets you there. Broadly speaking, this book organizes and presents otherwise formal decision-making tools in an intuitively understandable fashion. The presentation is informal, but the concepts and tools are research-based and formally accepted.
Book Synopsis Judgment in Managerial Decision Making by : Max H. Bazerman
Download or read book Judgment in Managerial Decision Making written by Max H. Bazerman and published by Wiley. This book was released on 2001-07-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Author is a leading theorist in negotiation and decision-making.
Book Synopsis The Project Manager's Guide to Making Successful Decisions by : Robert A. Powell PhD
Download or read book The Project Manager's Guide to Making Successful Decisions written by Robert A. Powell PhD and published by Berrett-Koehler Publishers. This book was released on 2008-12-01 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Make Better Decisions While Managing Projects! Decision-making is critical in project management. Lack of decision-making knowledge, avoidable mistakes, and improper definitions can negatively impact your company's ability to generate profit. The Project Manager's Guide to Making Successful Decisions is a practical handbook that focuses on the significance of project decision-making skills that will all you to reach workable and effective results. This valuable resource highlights numerous decisions necessary to support the project management life cycle, presents various techniques that facilitate the decision-making process, provides an overview of decision analysis as it relates to project management, and much more! + Understand different types of decision-making processes and cycles + Recognize how to frame the decision and gather better information + Define alternatives and assessments to make the right decision + Analyze short case studies demonstrating project decision making success
Download or read book Deciding written by Roger Estall and published by . This book was released on 2020-04-03 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deciding by Roger Estall and Grant Purdy This book is intended to help decision-makers of all types make even better decisions. The central thesis is that whether 'Deciders' realise it or not, all decisions are made using what the authors describe as 'the universal method of decision-making'. The adequacy of each decision therefore depends on how skilfully the method is applied, whether Deciders achieve 'sufficient certainty' about the outcomes that will flow from the decision and the contribution made by those outcomes to the organisation's Purpose. The authors shun jargon. The eight chapters and five appendices of the book include many practical tips with examples and anecdotes from various sectors that explain the universal method. Issues such as context, assumptions, and detecting and responding to change after the decision is made are addressed and there are clear, simple diagrams - including an easy-to-follow illustration of the universal method - to help the reader grasp the main concepts. The authors say that Deciding is a book for thinkers, rather than for those seeking a formulaic or procedurally rigid methodology. They will have realised their goal, they say, if Deciding causes readers to reflect on the way they apply the universal method, reinforce what they already do well, and recognise opportunities to improve. The Authors Roger Estall and Grant Purdy who first met in 2003, have similar, yet separate 40+ year careers as both Deciders and advisers. They have each chaired and served on boards and held executive and technical management roles in multiple areas of the public, private and not-for-profit sectors. Now based in Sydney and Melbourne respectively, their careers have taken them to many parts of the world.
Book Synopsis The Problem-Solving, Problem-Prevention, and Decision-Making Guide by : Bob Sproull
Download or read book The Problem-Solving, Problem-Prevention, and Decision-Making Guide written by Bob Sproull and published by Taylor & Francis. This book was released on 2018-03-21 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Each day, managers and employees are confronted with a plethora of real problems and decisions that are creating issues suchs as lost throughput, poor quality, personnel problems, and material shortages.How they approach these daily quandaries will determine how successful they are at resolving problems and making effective decisions. It is human nature for managers to solutions before they even understand the nature of the problems they are trying to solve. As a result, they end up making blind decisions that change perfectly acceptable processes for incorrect reasons. The real secret to solving problems does not depend upon the number of sophisticated statistical tools that one applies -- The secret to solving most problems is to keep the approach simple and uncomplicated. Many managers and employees make mistakes because they fail to do what Toyota does so effortlessly -- . They fail to perform the 'genmba walk,' during which they go to see the actual process, understand the work, ask questions, and learn. By following a structured approach, and using only simple tools, most problems can be solved, effective decisions can be made, and problems prevented. The cornerstones of this book are three detailed roadmaps for solving problems, preventing problems, and making effective decisions. Each roadmap contains a step-by-step explanation on how to solve existing problems, how to prevent future problems, and how to make effective decisions. The book provides real case studies to illustrate each of the techniques presented in the book.
Book Synopsis Managerial Decision Making Leadership by : Caroline Wang
Download or read book Managerial Decision Making Leadership written by Caroline Wang and published by John Wiley & Sons. This book was released on 2011-03-23 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The modern manager faces a bewildering range of challenges every single day. Their ability to make critical decisions, often under pressure, can directly determine the future success of the company and their career. It is therefore surprising that so few managers take the time to learn the art of decision making. In this groundbreaking book from Caroline Wang, readers will learn that quality decision making is a competence that can be acquired according to a simple framework. The framework is practical and easy-to-remember, consisting of two acronyms: GPA and IPO. GPA for decision content quality (Goal, Priority, Alternatives); and IPO for decision process quality (Information, People, Objective reasoning). The book places emphasis on leading a team to make decisions, even though the framework can be used for personal and individual decisions. By using this common decision-making framework, managers and leaders will gain credibility and team support for the decision, will confidently articulate, promote, and defend the decision, and will have made the necessary preparations for successful implementation when the decision-making process is complete. This proven framework from one of Asia's most dynamic leadership experts will improve the quality of your decisions and change the way you do business.
Book Synopsis Critical Thinking for Managers by : Radu Atanasiu
Download or read book Critical Thinking for Managers written by Radu Atanasiu and published by Springer Nature. This book was released on 2021-05-10 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses critical thinking as a tool for more compassionate leadership, presenting tried and tested methods for managing disagreement, for anticipating and solving problems, and for enhancing empathy. Employing a lighter tone of voice than most management books, it also shows how and when less-than-rational mechanisms such as intuition and heuristics may be efficient decision-making tools in any manager’s toolbox. Critical thinking is useful for analyzing incoming information in the context of decision-making and is crucial for structuring outgoing information in the context of persuasion. When trying to convince a client to buy a service, an executive board to fund a project, or a colleague to change a procedure, managers can use the simple step-by-step guides provided here to prepare for successful meetings and effective pitches. Managerial thinking can be steadily improved, using a structured process, especially if we learn to think about our thinking. This book guides current and would-be managers through this process of improving and metathinking, in connection with decision-making and persuasion. Using examples from business, together with research insights from Behavioral Economics and from Management and Organizational Cognition, the author illustrates common pitfalls like hidden assumptions and cognitive biases, and provides easy-to-use solutions for testing hypotheses and resolving dilemmas.
Book Synopsis Decision Management Systems by : James Taylor
Download or read book Decision Management Systems written by James Taylor and published by Pearson Education. This book was released on 2011-10-13 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A very rich book sprinkled with real-life examples as well as battle-tested advice.” —Pierre Haren, VP ILOG, IBM "James does a thorough job of explaining Decision Management Systems as enablers of a formidable business transformation.” —Deepak Advani, Vice President, Business Analytics Products and SPSS, IBM Build Systems That Work Actively to Help You Maximize Growth and Profits Most companies rely on operational systems that are largely passive. But what if you could make your systems active participants in optimizing your business? What if your systems could act intelligently on their own? Learn, not just report? Empower users to take action instead of simply escalating their problems? Evolve without massive IT investments? Decision Management Systems can do all that and more. In this book, the field’s leading expert demonstrates how to use them to drive unprecedented levels of business value. James Taylor shows how to integrate operational and analytic technologies to create systems that are more agile, more analytic, and more adaptive. Through actual case studies, you’ll learn how to combine technologies such as predictive analytics, optimization, and business rules—improving customer service, reducing fraud, managing risk, increasing agility, and driving growth. Both a practical how-to guide and a framework for planning, Decision Management Systems focuses on mainstream business challenges. Coverage includes Understanding how Decision Management Systems can transform your business Planning your systems “with the decision in mind” Identifying, modeling, and prioritizing the decisions you need to optimize Designing and implementing robust decision services Monitoring your ongoing decision-making and learning how to improve it Proven enablers of effective Decision Management Systems: people, process, and technology Identifying and overcoming obstacles that can derail your Decision Management Systems initiative
Book Synopsis Decision Making by : Harvard Business Review
Download or read book Decision Making written by Harvard Business Review and published by Harvard Business Essentials. This book was released on 2006 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision making is a critical part of management, and bad choices can damage careers and the bottom line. This book offers the tools and advice managers need to avoid common biases and arrive at and implement decisions that are both sound and ethical. The Harvard Business Essentials series provides comprehensive advice, personal coaching, background information, and guidance on the most relevant topics in business. Whether you are a new manager seeking to expand your skills or a seasoned professional looking to broaden your knowledge base, these solution-oriented books put reliable answers at your fingertips.
Download or read book Smart Choices written by John S. Hammond and published by Harvard Business School Press. This book was released on 2015-08 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Where should I live? Is it time to get a new job? Which job candidate should I hire? What business strategy should I pursue? We spend the majority of our lives making decisions, both big and small. Yet, even though our success is largely determined by the choices that we make, very few of us are equipped with useful decision-making skills. Because of this, we often approach our choices tentatively, or even fearfully, and avoid giving them the time and thought required to put our best foot forward. In Smart Choices, John Hammond, Ralph Keeney, and Howard Raiffa--experts with over 100 years of experience resolving complex decision problems--offer a proven, straightforward, and flexible roadmap for making better and more impactful decisions, and offer the tools to achieve your goals in every aspect of your life. Their step-by-step, divide-and conquer approach will teach you how to: * Evaluate your plans * Break your potential decision into its key elements * Identify the key drivers that are most relevant to your goals * Apply systematic thinking * Use the right information to make the smartest choice Smart Choices doesn’t tell you what to decide; it tells you how. As you routinely use the process, you’ll become more confident in your ability to make decisions at work and at home. And, more importantly, by applying its time-tested methods, you’ll make better decisions going forward. Be proactive. Don’t wait until a decision is forced on you--or made for you. Seek out decisions that advance your long-term goals, values, and beliefs. Take charge of your life by making Smart Choices a lifetime habit.
