Learning to Make Better Strategic Decisions PDF Download
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Author: Eric Cardella
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Eric Cardella
Publisher:
ISBN:
Category :
Languages : en
Pages :
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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: Marcel Planellas
Publisher: Cambridge University Press
ISBN: 110848624X
Category : Business & Economics
Languages : en
Pages : 209
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Book Description
For anyone faced with the challenge of making strategic decisions, this book will show readers how to choose the strategic models best suited to their needs.
Author: Simon Haslam
Publisher: Kogan Page Publishers
ISBN: 0749472618
Category : Business & Economics
Languages : en
Pages : 257
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Book Description
Making strategic decisions is a fundamental skill for leaders and managers. However, in a business environment that is in a constant state of change, making strategic decisions has never been more difficult. Strategic Decision Making addresses this challenge by providing a framework that can be used to make sound decisions in an uncertain world. Structured around the core concepts of framing, experimenting and scaling, this book will ensure that efforts are focused where the need is greatest, that interventions are tested, evaluated and revised if necessary and that successful initiatives are effectively rolled out across the business. Packed with real world examples and backed up by academic research, Strategic Decision Making will allow today's leaders and the leaders of tomorrow to make successful and defensible business choices. It shows how to: avoid decision-making bias, overcome organizational inertia, manage the difficulties of rigid organizational structures and avoid being side tracked by outdated or irrelevant experience. Essential reading for business practitioners and management students alike, this comprehensive guide provides a robust approach to achieving strategic success.
Author: Babette E. Bensoussan
Publisher: Pearson Education
ISBN: 0133101029
Category : Business & Economics
Languages : en
Pages : 286
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Book Description
Rev. ed. of: Analysis without paralysis: 10 tools to make better strategic decisions. c2008.
Author: Jeremy N. White
Publisher: Taylor & Francis
ISBN: 1003822940
Category : Business & Economics
Languages : en
Pages : 168
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Book Description
Every day we hear of serious errors of judgement that result in organisational disaster. Why do seemingly successful businesses, NGOs, or even political parties fall prey to irrevocable governance breakdowns or, worse still, criminal malpractice? By prompting readers to think deeply about strategic decision-making, human behaviour, and cognitive biases, this book offers a disciplined, objective, and thoughtful approach to making better decisions. Every strategic problem is fundamentally a journey into the unknown, which involves a unique combination of duration, scale, external and internal dynamics, and personal motivations. Rarely is a strategic decision solved by saying, ‘If a situation is A, then the solution is B.’ The book explores how to develop a strong foundation for problem resolving – rather than simplistic problem-solving – by strengthening competence so that decisions are made wisely. The case of Carillion plc, the second-largest construction group in the United Kingdom that went bankrupt in January 2018, is used to explore how a large and profitable company collapsed so dramatically when it was run by an experienced board and advised by three of the Big Four accounting firms. Professor Jeremy N. White presents a clear strategic toolkit for better strategic decision-making. This book will appeal to senior managers who are interested in techniques for making better strategic decisions. The lessons from the failure of Carillion plc are applicable to corporate leaders in addition to politicians and those who run not-for-profit organisations.
Author: Navneet Bhushan
Publisher: Springer Science & Business Media
ISBN: 1852338644
Category : Business & Economics
Languages : en
Pages : 175
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Book Description
Strategic Decision Making provides an effective, formal methodology that provides help with decision making problems, especially strategic ones with high stakes involving human perceptions and judgements. Focusing on applying the AHP to decision-making problems, Strategic Decision Making covers problems in the realms of business, defence and governance. Using case studies drawn from years of experience, the book discusses decision making for real life problems and includes many worked examples and solutions to problems throughout. The reader will gain comprehensive exposure to the extent of assistance that a formal methodology, such as AHP, can provide to the decision maker in evolving decisions in complex and varied domains.
Author: Peter Hollins
Publisher: Pkcs Media, Incorporated
ISBN: 9781647432836
Category :
Languages : en
Pages : 208
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Book Description
verwhelmed and paralyzed by your choices? Learn how to get it right the first time - improve your analysis, judgment, and intuition. Unfortunately, you can't just rely on your gut instinct or "hunch" when you make decisions. There's a science to improving your critical thinking, weighing pros and cons, and avoiding the traps that take you down the wrong path. Make smart decisions by catching your brain's built-in flaws. The Art of Strategic Decision-Making will teach you to seize control of your life and make sure your decisions aren't making you. This book cites years of research and scientific studies about what constitutes a great decision and the factors that will inevitably lead you there. It is an in-depth look at human nature and psychology and why we make decisions in the way we do - for better or for worse. This book is packed with theory, but it is all practical and actionable. Use these mental models and pieces of analysis on your decisions TODAY. Think more quickly and more thoroughly - at the same time. Peter Hollins has studied psychology and the human condition for over a dozen years. This book contains tactics pulled from his personal experience, as well as some of the most famous studies in decision theory and social psychology to help you make snap decisions. Beat analysis paralysis and eliminate indecision. -Learn your subconscious motivations, needs, and desires that hijack your brain. -Discover the surprising causes and cures for decision fatigue. -Over 10 of the most dangerous cognitive biases and decision traps. -How to make your pros and cons lists incredibly useful and illuminating. -The 6 Hats Method of intelligent decisions and how you can inhabit different perspectives. -The WRAP method of planning for failure in decisions. -How to think outside the box and creatively solve problems.
Author: Gregory Macnamara
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Businesses often make operational decisions (e.g. pricing, inventory, sourcing) without precise knowledge of their environment (e.g. unknown consumer demand or supplier reliability). When a business faces such a decision repeatedly and can update their chosen action, a key aspect of their success is the ability to learn and improve their decisions over time. There is a large literature of work that studies these settings and has developed policies which enable businesses to achieve long-run success (see, e.g., Araman and Caldentey 2010). Typically, these policies achieve good outcomes by carefully balancing a tradeoff between exploring (taking an action which generates information) and exploiting (taking an action which generates the highest immediate payoff). This work extends the literature by considering problems of sequential decision making in an environment with incomplete information and other strategic participants who have their own incentives. In general, the policies proposed by previous work and the resulting dynamics are predicated on the assumption that the decision maker's environment is exogenous, so considering an environment with agents that strategically react to the policy can lead to substantially different policies and dynamics. This work explores these dynamics in two settings. In the first chapter, we ask how can a firm design an optimal dynamic sourcing policy from a supplier with privately known cost and quality? The key difference from existing models of supply learning is that the buyer and supplier must endogenously agree to a price each period. With this consideration, the buyer has two sources of information to learn about the seller; stochastic realizations of delivered quality and strategic decisions of the seller. Therefore, in addition to the classic exploration/exploitation tradeoff, the buyer must decide how to explore. We establish the equilibrium of the interaction, characterize the buyer's learning policy and then show how it compares/contrasts to more traditional learning dynamics without a strategic seller. Moreover, we show that the ability to evaluate and learn from quality outcomes can be detrimental to a buyer engaging with a strategic seller. In the second chapter, we consider an extension of the traditional dynamic pricing setup where a seller has a priori incomplete demand information but interacts with customers through a platform (e.g. Amazon) that has its own payoff and can take actions to influence customers' purchase decisions. In this setup, we characterize how the platform should optimally control the seller's information and learning dynamics in order to generate platform-preferred prices and payoffs. We establish that the platform should release (some) initial information to a seller about customer demand, and should then take costly actions to prevent the seller from learning more. In comparison to traditional settings where a seller will avoid prices which generate no information, we establish that, in equilibrium, it is in fact optimal for the seller to set such `confounding' prices.
Author: Arão Sapiro
Publisher: Springer Nature
ISBN: 3031556690
Category :
Languages : en
Pages : 439
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Book Description
