Decision Making and Business Performance PDF Download

Author: Eric J. Bolland
Publisher: Edward Elgar Publishing
ISBN: 1786430169
Category : Business enterprises
Languages : en
Pages : 224

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Book Description
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.

Author:
Publisher: Ardent Media
ISBN:
Category :
Languages : en
Pages : 276

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Author: National Research Council
Publisher: National Academies Press
ISBN: 0309095409
Category : Science
Languages : en
Pages : 297

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Book Description
With the growing number, complexity, and importance of environmental problems come demands to include a full range of intellectual disciplines and scholarly traditions to help define and eventually manage such problems more effectively. Decision Making for the Environment: Social and Behavioral Science Research Priorities is the result of a 2-year effort by 12 social and behavioral scientists, scholars, and practitioners. The report sets research priorities for the social and behavioral sciences as they relate to several different kinds of environmental problems.

Author: Wilson Essien Ph.D.
Publisher: AuthorHouse
ISBN: 1546243496
Category : Business & Economics
Languages : en
Pages : 405

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Book Description
The glue between efficient productivity and profitability is great decision-making. I do not think that a farmer has ever sown rice and harvested corn. In computers, the most common language is GIGO, meaning garbage in, garbage out. Usually, the decisions we make are our personalities, and yet very few people accept responsibility for their actions, their failures in business, or in any endeavor in which they have failed. They desire to blame others without remembering GIGO. I have articulated the mystery that surrounds the lone decision-maker or the CEO who enjoys lonely decision-making and blaming his or her failures on the engineer or the accountant in his company. The new name for decision-making is participative decision-making. In this, the senior officers take part, but separately—the engineers, accountants, supervisors, workers and maintenance people form another group. Both platforms must have a dialogue format; there must be a writer or clerk, a vote taken on each discussion for its authenticity or viability, and in the end, the senior officers must compare their notes with the second group so that amendments can be made where necessary. The final product is now ready to be presented before the board of directors as a formal decision for the company. In a smaller company, this activity stops with the owner, but the owner must understand that two heads are usually better than one. The CEO and his group must not be taken over by egos; the only time for pride in business is when business is doing well financially. Even then, business needs a lot of careful activity because “pride goes before a fall.” It is good to entrust the CEO with the decision-making responsibility, but it is the biggest risk a business can take because business is a collection of ideas. Therefore, it a discipline of collective learning and inquiry. Any student, manager, or business owner who wants to use participative decision-making skills in his or her business or as a consultant in participative decision-making should attend a workshop at least twice and read about participative decision-making thoroughly and practice it from case studies.

Author: Barry Schwartz
Publisher: Harper Collins
ISBN: 0061748994
Category : Psychology
Languages : en
Pages : 308

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Book Description
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.

Author: David Meltzer
Publisher: McGraw Hill Professional
ISBN: 126045262X
Category : Business & Economics
Languages : en
Pages :

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Book Description
Make business decisions with the confidence and clarity as the world’s best sports coaches. When the pressure is on, great coaches remain laser-focused, confident, and fully in charge of their roster. They’re the same way when it comes to developing strategies and game plans to succeed. In short, they always win because they have a superior decision-making process. Game-Time Decision Making provides everything you need to up your decision-making game and build a championship-level business. It takes you step by step through the process of: •Putting together an all-pro team with diverse skillsets•Building a positive mindset that will overwhelm the competition •Developing a keen awareness of "the playing field"•Learning from failures so you never make the same mistake twice •Creating both offensive and defensive strategies for branding and marketing When you have everything in place to make quick, accurate calls in the toughest of situations, you have what you need to dominate your industry. Game-Time Decision Making is a proven playbook for positioning yourself for success. From creating and utilizing the best tactics and strategies to leading your company through times of change, this is your playbook for total business success.

Author: Vassilis Papadakis
Publisher: Springer Science & Business Media
ISBN: 1461561957
Category : Business & Economics
Languages : en
Pages : 315

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Book Description
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.

Author: Elisha Stephens & Brice Martin
Publisher: Scientific e-Resources
ISBN: 1839473096
Category :
Languages : en
Pages : 336

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Book Description
The knowledge of business policy and techniques of strategic management is the need of the hour to prospective business managers. The present competitive environment has brought several drastic changes in policy making and strategic management. Hence, there is necessity of theoretical understanding about the business policy as well as strategic management. Businesses need to implement sound strategies to succeed. Those strategies form part of an overall management and business policy that guides the business in connecting with customers, generating profits and managing resources. The related concepts of strategic management and business policy are keys to help small business owners manage their responsibilities and set clear objectives. Strategic management represents a theoretical concept first introduced by Peter Drucker in the mid-20th century. The idea behind strategic management is that organizations will be better equipped to meet their goals and objectives if the owners and managers adopt a clear business philosophy. For many businesses, that philosophy will be to increase their share of the market. For others, it might be about making a difference in the community or about developing new products. Sometimes, a combination of motives drives the management's strategy. In any case, strategic management helps the business to keep its sights set on what matters most and to not get distracted by ancillary concerns. Strategic management is the art and science of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its objectives. It is the process of specifying the organization's objectives, developing policies and plans to achieve these objectives, and allocating resources to implement the policies and plans to achieve the organization's objectives. Strategic management, therefore, combines the activities of the various functional areas of a business to achieve organizational objectives. This book is designed to support and enhance both learning and teaching. An important aspect of the style adopted for this book is the use of exhibits, presenting a vast gamut of information regarding special theoretical matter.

Author: WIlliam H. Tomlinson
Publisher: CRC Press
ISBN: 9781574442779
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
Now in its sixth edition, Business Policy and Strategy: An Action Guide, Sixth Edition provides students with an analysis of how basic functions - such as marketing, finance, production, operations, R & D, and human resources are coordinated to develop business policy. The authors demonstrate the how-tos of formulating, implementing, and evaluating corporate strategy. Students will understand strategic management - its decision-making processes, interface with environmental change, formulation of strategic alternatives, executive decision making, and built-in synergy. The importance of business policy and strategy has surged to the forefront of the business world. Internationalization of business, deregulation, mergers, acquisitions, strategic alliances, and international joint ventures - coupled with a new emphasis on shareholder value - contribute to a feeling of uncertainty in the global marketplace. On top of this, the constantly changing e-commerce environment makes strategic planning even more essential. Students need to know how to function in this business environment. The authors provide a concise review of basic and alternative policies in strategy formulation. They use a case study of business situations that give students a powerful tool and efficient tool for mastering strategy development. The book blends practicality and realism - based on the authors' years of experience in corporate industry and management development - with advances in theory. The definitive supplementary text, Business Policy and Strategy: An Action Guide, Sixth Edition captures the business curriculum in one action packed volume.

Author: Graeme Salaman
Publisher: SAGE Publications Limited
ISBN:
Category : Business & Economics
Languages : en
Pages : 300

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Book Description
Presenting essential readings concerned with the importance of clear decisions, the processes of decision making and the implications of flawed practice, this textbook reveals patterns of decision making and a range of theories.