How Business Decisions Are Made

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How Business Decisions Are Made

Author : Mary-Lane Kamberg
Publisher : The Rosen Publishing Group, Inc
Page : 82 pages
File Size : 55,6 Mb
Release : 2011-12-15
Category : Juvenile Nonfiction
ISBN : 9781448855650

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How Business Decisions Are Made by Mary-Lane Kamberg Pdf

Explores the process of making decisions and how good decisions are essential to a successful business.

Decision Making and Business Performance

Author : Eric J. Bolland,Carlos J. Lopes
Publisher : Edward Elgar Publishing
Page : 224 pages
File Size : 43,9 Mb
Release : 2018
Category : Business enterprises
ISBN : 9781786430168

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Decision Making and Business Performance by Eric J. Bolland,Carlos J. Lopes Pdf

This breakthrough study examines how business decisions explain successful and unsuccessful performance. Real world and academic research is evaluated, including interviews and cases studies, to create a model of how decisions and performance are connected for businesses of all sizes. Recommendations are made to optimize decision making and projections about the future of decision making and performance are provided.

The Paradox of Choice

Author : Barry Schwartz
Publisher : Harper Collins
Page : 308 pages
File Size : 54,7 Mb
Release : 2009-10-13
Category : Psychology
ISBN : 9780061748998

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The Paradox of Choice by Barry Schwartz Pdf

Whether we're buying a pair of jeans, ordering a cup of coffee, selecting a long-distance carrier, applying to college, choosing a doctor, or setting up a 401(k), everyday decisions—both big and small—have become increasingly complex due to the overwhelming abundance of choice with which we are presented. As Americans, we assume that more choice means better options and greater satisfaction. But beware of excessive choice: choice overload can make you question the decisions you make before you even make them, it can set you up for unrealistically high expectations, and it can make you blame yourself for any and all failures. In the long run, this can lead to decision-making paralysis, anxiety, and perpetual stress. And, in a culture that tells us that there is no excuse for falling short of perfection when your options are limitless, too much choice can lead to clinical depression. In The Paradox of Choice, Barry Schwartz explains at what point choice—the hallmark of individual freedom and self-determination that we so cherish—becomes detrimental to our psychological and emotional well-being. In accessible, engaging, and anecdotal prose, Schwartz shows how the dramatic explosion in choice—from the mundane to the profound challenges of balancing career, family, and individual needs—has paradoxically become a problem instead of a solution. Schwartz also shows how our obsession with choice encourages us to seek that which makes us feel worse. By synthesizing current research in the social sciences, Schwartz makes the counter intuitive case that eliminating choices can greatly reduce the stress, anxiety, and busyness of our lives. He offers eleven practical steps on how to limit choices to a manageable number, have the discipline to focus on those that are important and ignore the rest, and ultimately derive greater satisfaction from the choices you have to make.

Decision Quality

Author : Carl Spetzler,Hannah Winter,Jennifer Meyer
Publisher : John Wiley & Sons
Page : 256 pages
File Size : 40,6 Mb
Release : 2016-02-24
Category : Business & Economics
ISBN : 9781119144694

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Decision Quality by Carl Spetzler,Hannah Winter,Jennifer Meyer Pdf

Add value with every decision using a simple yet powerful framework Few things are as valuable in business, and in life, as the ability to make good decisions. Can you imagine how much more rewarding your life and your business would be if every decision you made were the best it could be? Decision Quality empowers you to make the best possible choice and get more of what you truly want from every decision. Dr. Carl Spetzler is a leader in the field of decision science and has worked with organizations across industries to improve their decision-making capabilities. He and his co-authors, all experienced consultants and educators in this field, show you how to frame a problem or opportunity, create a set of attractive alternatives, identify relevant uncertain information, clarify the values that are important in the decision, apply tools of analysis, and develop buy-in among stakeholders. Their straightforward approach is elegantly simple, yet practical and powerful. It can be applied to all types of decisions. Our business and our personal lives are marked by a stream of decisions. Some are small. Some are large. Some are life-altering or strategic. How well we make those decisions truly matters. This book gives you a framework and thinking tools that will help you to improve the odds of getting more of what you value from every choice. You will learn: The six requirements for decision quality, and how to apply them The difference between a good decision and a good outcome Why a decision can only be as good as the best of the available alternatives Methods for making both "significant" and strategic decisions The mental traps that undermine decision quality and how to avoid them How to deal with uncertainty—a factor in every important choice How to judge the quality of a decision at the time you're making it How organizations have benefited from building quality into their decisions. Many people are satisfied with 'good enough' when making important decisions. This book provides a method that will take you and your co-workers beyond 'good enough' to true Decision Quality.

Decide & Deliver

Author : Marcia W. Blenko,Michael C. Mankins,Paul Rogers
Publisher : Harvard Business Press
Page : 182 pages
File Size : 42,5 Mb
Release : 2010
Category : Business & Economics
ISBN : 9781422147573

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Decide & Deliver by Marcia W. Blenko,Michael C. Mankins,Paul Rogers Pdf

-Identify your critical decisions. Focus on those that matter most to your company's performance. --

Strategic Decisions

Author : Vassilis Papadakis,Patrick Barwise
Publisher : Springer Science & Business Media
Page : 315 pages
File Size : 41,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461561958

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Strategic Decisions by Vassilis Papadakis,Patrick Barwise Pdf

Over the past ten years, there has been growing interest in the process of strategic decision-making among both managers and researchers. Strategic decisions are important for five main reasons: They are large-scale, risky and hard to reverse; they are a bridge between deliberate and emerging strategies; they can be a major source of organizational learning; they play an important part in the development of individual managers and they cut accross functions and academic disciplines. Strategic Decisions summarizes the current state of the art in research on strategic decision-making, with chapters prepared by leading strategy researchers. The editors also present implications for current application and proposed directions for future research.

HBR Guide to Making Better Decisions

Author : Harvard Business Review
Publisher : Harvard Business Press
Page : 152 pages
File Size : 47,8 Mb
Release : 2020-02-11
Category : Business & Economics
ISBN : 9781633698161

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HBR Guide to Making Better Decisions by Harvard Business Review Pdf

Learn how to make better; faster decisions. You make decisions every day--from prioritizing your to-do list to choosing which long-term innovation projects to pursue. But most decisions don't have a clear-cut answer, and assessing the alternatives and the risks involved can be overwhelming. You need a smarter approach to making the best choice possible. The HBR Guide to Making Better Decisions provides practical tips and advice to help you generate more-creative ideas, evaluate your alternatives fairly, and make the final call with confidence. You'll learn how to: Overcome the cognitive biases that can skew your thinking Look at problems in new ways Manage the trade-offs between options Balance data with your own judgment React appropriately when you've made a bad choice Communicate your decision--and overcome any resistance Arm yourself with the advice you need to succeed on the job, from a source you trust. Packed with how-to essentials from leading experts, the HBR Guides provide smart answers to your most pressing work challenges.

Data Driven Business Decisions

Author : Chris J. Lloyd
Publisher : John Wiley & Sons
Page : 512 pages
File Size : 54,6 Mb
Release : 2011-10-25
Category : Business & Economics
ISBN : 9780470619605

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Data Driven Business Decisions by Chris J. Lloyd Pdf

A hands-on guide to the use of quantitative methods and software for making successful business decisions The appropriate use of quantitative methods lies at the core of successful decisions made by managers, researchers, and students in the field of business. Providing a framework for the development of sound judgment and the ability to utilize quantitative and qualitative approaches, Data Driven Business Decisions introduces readers to the important role that data plays in understanding business outcomes, addressing four general areas that managers need to know about: data handling and Microsoft Excel®, uncertainty, the relationship between inputs and outputs, and complex decisions with trade-offs and uncertainty. Grounded in the author's own classroom approach to business statistics, the book reveals how to use data to understand the drivers of business outcomes, which in turn allows for data-driven business decisions. A basic, non-mathematical foundation in statistics is provided, outlining for readers the tools needed to link data with business decisions; account for uncertainty in the actions of others and in patterns revealed by data; handle data in Excel®; translate their analysis into simple business terms; and present results in simple tables and charts. The author discusses key data analytic frameworks, such as decision trees and multiple regression, and also explores additional topics, including: Use of the Excel® functions Solver and Goal Seek Partial correlation and auto-correlation Interactions and proportional variation in regression models Seasonal adjustment and what it reveals Basic portfolio theory as an introduction to correlations Chapters are introduced with case studies that integrate simple ideas into the larger business context, and are followed by further details, raw data, and motivating insights. Algebraic notation is used only when necessary, and throughout the book, the author utilizes real-world examples from diverse areas such as market surveys, finance, economics, and business ethics. Excel® add-ins StatproGo and TreePlan are showcased to demonstrate execution of the techniques, and a related website features extensive programming instructions as well as insights, data sets, and solutions to problems included in the material. Data Driven Business Decisions is an excellent book for MBA quantitative analysis courses or undergraduate general statistics courses. It also serves as a valuable reference for practicing MBAs and practitioners in the fields of statistics, business, and finance.

FORTUNE The Greatest Business Decisions of All Time

Author : Editors of Fortune Magazine
Publisher : Liberty Street
Page : 0 pages
File Size : 54,7 Mb
Release : 2013-10-01
Category : Business & Economics
ISBN : 1603209786

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FORTUNE The Greatest Business Decisions of All Time by Editors of Fortune Magazine Pdf

Decisions equal success--nothing happens until one is made. Businesses make millions of decisions every day. But once in a great while a leader makes a truly game-changing decision that shifts not only the strategy of a single company but how everyone does business. These big decisions are counterintuitive-they go against the conventional wisdom. In hindsight, taking a different direction may seem easy, but these bet-the-company moves involve drama, doubt, and high tension. What made Apple's board bring back Steve Jobs to the company? How did Johnson & Johnson decide to recall every bottle of Tylenol after a poisoning scare that involved only a small batch of the drug? What made Henry Ford decide to double the wages of his autoworkers, and how did that change the American economy for the next century? Here management consultant Verne Harnish, the CEO of Gazelles, and Fortune's editors provide the background stories behind the greatest business decisions of all time. In this fully original book, you'll get a glimpse into the thought processes leading up to these groundbreaking moments and will learn how the decisions have shaped the thinking of today's top leaders. The book also contains an insightful foreword by management guru Jim Collins, the author of Built To Last and Good To Great, which explains the importance of decision making in creating a successful company.

Leading Teams

Author : J. Richard Hackman,Richard J. Hackman
Publisher : Harvard Business Press
Page : 330 pages
File Size : 40,5 Mb
Release : 2002
Category : Leadership
ISBN : 9781578513338

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Leading Teams by J. Richard Hackman,Richard J. Hackman Pdf

Hackman (social and organizational psychology, Harvard U.) identifies the factors of being a team leader that will enable a team to work together efficiently to achieve organizational goals. He suggests that five conditions are necessary: having a real team, a compelling direction, an enabling team structure, a supportive organizational context, and expert team coaching. He integrates insights from interviews with team leaders with concepts from the social sciences. Annotation copyrighted by Book News, Inc., Portland, OR

How to Make Good Business Decisions

Author : J.C. Baker
Publisher : Business Expert Press
Page : 151 pages
File Size : 55,8 Mb
Release : 2021-04-29
Category : Business & Economics
ISBN : 9781637420652

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How to Make Good Business Decisions by J.C. Baker Pdf

How to Make Good Business Decisions is a book to assist people with thoughts surrounding essential aspects of finances and business. Much of the decision-making for people derives from experiences and exposure. The ability to see multiple perspectives allows for a higher level of understanding, increasing common sense perception. The common belief for the concept of common sense is a general acceptance as a usual occurrence or stance among people. However, reality demonstrates that people view topics very differently. Technology and varying media outlets create many avenues for information leading to conflicting positions and confusion. This book provides a straightforward method of removing distortions among education, business practices, finances, and ownership. There are countless variables, obstacles, and barriers inherent in life's journey, and operating with common sense will alleviate many issues. However, exposure to information, experiences, and education redefines what is "common." Readers will learn how their thoughts, viewpoints, and focus shape their responses and navigation through important decision-making realities. This book serves as a tool for increasing decision-making.

Making Better Business Decisions

Author : Steve W. Williams
Publisher : SAGE
Page : 180 pages
File Size : 52,8 Mb
Release : 2002
Category : Business & Economics
ISBN : 0761924221

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Making Better Business Decisions by Steve W. Williams Pdf

This work breaks down critical thinking skills and creative problem solving techniques that can assist and help as decisions become more important and problems become more difficult in today's society and business environment.

Why Decisions Fail

Author : Paul Nutt
Publisher : Berrett-Koehler Publishers
Page : 353 pages
File Size : 52,6 Mb
Release : 2002-07-10
Category : Business & Economics
ISBN : 9781605091495

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Why Decisions Fail by Paul Nutt Pdf

Based on the his analysis of 400 strategic decisions made by top managers in areas such as products and services, pricing and markets, personnel policy, technology acquisition, and strategic reorganization, Nutt estimates that two-thirds of all decisions are based on failure-prone or questionable tactics. He uses the fifteen monumental decision-making disasters to illustrate the potential consequences of these common tactical errors and traps and then details successful alternative decision-making approaches. Why Decisions Fail translates decades of award-winning research into practical terms that managers can use to improve their own decision-making practices.

Business Decision Making

Author : Elizabeth Grasby,Richard Ivey School of Business
Publisher : Australia ; Canada : Nelson, Thomsom Learning
Page : 767 pages
File Size : 44,6 Mb
Release : 2000
Category : Industrial management
ISBN : 0176167374

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Business Decision Making by Elizabeth Grasby,Richard Ivey School of Business Pdf

Seventy-five Greatest Management Decisions Ever Made

Author : Stuart Crainer
Publisher : Amacom Books
Page : 239 pages
File Size : 48,5 Mb
Release : 1999
Category : Business & Economics
ISBN : 081440491X

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Seventy-five Greatest Management Decisions Ever Made by Stuart Crainer Pdf

Publisher Fact Sheet A pithy compendium celebrating pinnacles of decision-making that have shaped management through the ages.