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Books > Business & Economics > Business & management > Management & management techniques > Management decision making > General
Don't let a fear of numbers hold you back.Today's business environment brings with it an onslaught of data, but leaving the analysis to others in your company just won't cut it. Now more than ever, managers must know how to tease insight from data--to understand where it comes from, make sense of the numbers, and use those findings to inform their toughest decisions. But how do you get started?Whether you're working with data experts or running your own tests, you'll find answers in the HBR Guide to Data Analytics Basics for Managers. This book describes a three-step process to get the information you need, study the data, and communicate your findings to others.You'll learn how to:Identify the metrics you need to measureFormulate hypotheses and test against themAsk the right questions of your data expertsUnderstand statistical terms and conceptsCreate effective charts and visualizationsAvoid common mistakes
Games, or contexts of strategic interaction, pervade and suffuse our lives and the lives of all organisms. How are we to make sense of and cope with such situations? How should an agent play? When will and when won't cooperation arise and be maintained? Using examples and a careful digestion of the literature, Agents, Games, and Evolution: Strategies at Work and Play addresses these encompassing themes throughout, and is organized into four parts: Part I introduces classical game theory and strategy selection. It compares ideally rational and the "naturalist" approach used by this book, which focuses on how actual agents chose their strategies, and the effects of these strategies on model systems. Part II explores a number of basic games, using models in which agents have fixed strategies. This section draws heavily on the substantial literature associated with the relevant application areas in the social sciences. Part III reviews core results and applications of agent-based models in which strategic interaction is present and for which design issues have genuine practical import. This section draws heavily on the substantial literature associated with the application area to hand. Part IV addresses miscellaneous topics in strategic interaction, including lying in negotiations, reasoning by backward induction, and evolutionary models. Modeled after the authors' Agents, Games, and Evolution course at the University of Pennsylvania, this book keeps mathematics to a minimum, focusing on computational strategies and useful methods for dealing with a variety of situations.
This book constitutes the refereed proceedings of UNISCON 2008 held in Klagenfurt, Austria, during April 22-25, 2008. UNISCON combines the ECOMO workshop series and the ISTA conference series. The 19 papers dealing with conceptual modeling, model-driven software development and information systems applications represent a 30% selection from the original set of submissions. They are completed by two keynote lectures and 35 papers from internationally renowned researchers, invited in honor of Heinrich C. Mayr, whose 60th birthday is also celebrated at this event, that he originally created.
BIS 2008 was the 11th in a series of international conferences on Business - formation Systems. The conference took place in Innsbruck which means that after Klagenfurt it was the second Austrian BIS edition. The BIS conference series from its veryroots has been recognized by professionalsas a forum for the exchangeand disseminationof topicalresearchin the development,implemen- tion, application and improvement of computer systems for business processes. The theme of this conference was"Business Processes and Social Contexts- Reaching Beyond the Enterprise."The material collected in this volume covers research trends as well as current achievements and cutting-edge developments in the area of modern business information systems. A set of 41 papers were - lectedforthepresentationduringthemaineventandgroupedaroundconference topics: Business Process Management, Service Discovery and Composition, - tologies, Information Retrieval, Interoperability, Mobility and Contexts, Ent- prise Resource Planning, Wikis and Folksonomies, Rules and Semantic Queries. The Program Committee consisted of more than 80 members that carefully evaluated all the submitted papers. This year they were supported by an Easy- Chair review system, and again, we observed an increase in the quality of the reviews. This not only raised the quality of the conference but also positively a?ected the work of the authors. The regular program was complemented by the outstanding keynote spe- ers. We are proud that BIS 2008 hosted Alistair Barros (SAP, Australia), Hans Ulrich Buhl (University of Augsburg, Germany), Fabio Ciravegna (University of She?eld, UK), John Davies (BT, UK), and Frank Leymann (University of Stuttgart, Germany).
Increasingly India, with its expertise in communication technology, is becoming the "global back office" to international supply chains. Many international companies (and examples are legion, but a few examples are IBM, Sony, Exxon/Mobil, etc.) have employed Indian resources to help them with their data, their computerized decision support and their knowledge management. With large corporations opening the path to India, it has allowed a substantial communications and decision-support infrastructure to develop in a number of Indian cities. Therefore, opportunities have emerged for both large and small enterprises in the global market place to utilize these developing Indian resources. DECISION SUPPORT FOR GLOBAL ENTERPRISES is a volume of a mixture of peer-reviewed and invited papers. The volume will have two primary goals: (1) Stimulate creative and thoughtful discussion between academic research leaders and the practitioner information systems community that will improve both the research and practice in the area. (2) Increase the awareness of the problems and challenges faced by global enterprises that can be met with innovative computerized decision support systems. In addition to the positive aspects, the limitations of these systems and technologies are also explored. Emphasized in the book will be research on the following topics: (1) the emerging enterprise decision making processes and technologies; (2) decision making in uncertain, rapidly changing conditions; (3) the changing infrastructure in organizations and society; (4) the expanding role of web technologies; and (5) emerging theories and practices for managing knowledge and in making decisions.
Who makes the important decisions in your organization? Strategy, product development, budgeting, compensation--such key decisions typically are made by company leaders. That's what bosses are for, right? But maybe the boss isn't the best person to make the call. That's the conclusion Dennis Bakke came to, and he used it to build AES into a Fortune 200 global power company with 27,000 people in 27 countries. He used it again to create Imagine Schools, the largest non-profit charter-school network in the U.S. As a student at Harvard Business School, Bakke made hundreds of decisions using the case-study method. He realized two things: decision-making is the best way to develop people; and that shouldn't stop at business school. So Bakke spread decision-making throughout his organizations, fully engaging people at all levels. Today, Bakke has given thousands of people the freedom and responsibility to make decisions that matter. In The Decision Maker, a leadership fable loosely based on Bakke's experience, the New York Times bestselling author shows us how giving decisions to the people closest to the action can transform any organization. The idea is simple. The results are powerful. When leaders put real control into the hands of their people, they tap incalculable potential. The Decision Maker, destined to be a business classic, holds the key to unlocking the potential of every person in your organization.
This book constitutes the refereed proceedings of the 6th International Conference on Practical Aspects of Knowledge Management, PAKM 2006, held in Vienna, Austria in November/December 2006. The 29 revised full papers presented were carefully reviewed and selected from 123 submissions. All aspects of knowledge management and their role in next-generation business solutions are addressed in perspective to business and organisation sciences, cognitive science, and computer science.
There is NO SUCH THING as a mindless doodle What did Einstein, JFK, Edison, Marie Curie, and Henry Ford have in common? They were all inveterate doodlers. These powerhouse minds knew instinctively that doodling is deep thinking in disguise-a simple, accessible, and dynamite tool for innovating and solving even the stickiest problems. Sunni Brown's mission is to bring the power of the Doodle to the rest of us. She leads the Revolution defying all those parents, teachers, and bosses who say Stop doodling! Get serious! Grow up! She overturns misinformation about doodling, demystifies visual thinking, and shows us the power of applying our innate visual literacy. She'll teach you how to doodle any object, concept, or system imaginable, shift habitual thinking patterns, and transform boring text into displays that can engage any audience.
As we get caught up in the quagmire of Big Data and analytics, it remains critically important to be able to reflect and apply insights, experience, and intuition to your decision-making process. In fact, a recent research study at Tel Aviv University found that executives who relied on their intuition were 90 percent accurate in their decisions. Bursting the Big Data Bubble: The Case for Intuition-Based Decision Making focuses on this intuition-based decision making. The book does not discount data-based decision making, especially for decisions that are important and complex. Instead, it emphasizes the importance of applying intuition, gut feel, spirituality, experiential learning, and insight as key factors in the executive decision-making process. Explaining how intuition is a product of past experience, learning, and ambient factors, the text outlines methods that will help to enhance your data-driven decision-making process with intuition-based decision making. The first part of the book, the "Research Track", presents contributions from leading researchers worldwide on the topic of intuition-based decision making as applied to management. In the second part of the book, the "Practice Track," global executives and senior managers in industry, government, universities, and not-for-profits present vignettes that illustrate how they have used their intuition in making key decisions. The research part of the book helps to frame the problem and address leading research in intuition-based decision making. The second part then explains how to apply these intuition-based concepts and issues in your own decision-making process.
"Stafford Beer is undoubtedly among the world's most provocative, creative, and profound thinkers on the subject of management, and he records his thinking with a flair that is unmatched. His writing is as much art as it is science. He is the most viable system I know." Dr Russell L Ackoff, The Institute for Interactive Management, Pennsylvania, USA. "If . anyone can make it Operations Research] understandably readable and positively interesting it is Stafford Beer . everyone in management . should be grateful to him for using clear and at times elegant English and . even elegant diagrams." The Economist This is the second edition of a book which has already become a management 'standard' both in universities and on the bookshelves of managers and their advisers. Brain of the Firm develops an account of the firm based upon insights derived from the study of the human nervous system, and is a basic text from the author's theory of viable systems. Despite the neurophysiology, the book is written for managers to understand. The companion volume to this book is The Heart of Enterprise, which is intended to support and complement this text. "Stafford Beer's works represent required reading for everyone who believes that a capacity for rigorous thinking is an essential attribute of today's successful managers and administrators. Brain of the Firm shows a first-rate intellect at work and provides concepts, models and inspiration for both practitioners and teachers." Sir Douglas Hague, CBE
"BUILD AN INVINCIBLE BRAND IN THIS UNCERTAIN WORLD." The potential risks in modern-day business are greater, more dynamic, and less predictable than ever before. And yet, the greatest exposure does not lie within these risks. Rather, it lies in having a team that is not prepared to anticipate, foresee, or respond to a rising threat, and its impact on your reputation, revenue, and elationships in real time. No matter your level of security, due diligence, or control, the reality is that we live in uncertain times. Organizations are prone to a multitude of risks that can attack from every angle. When your team is crisis ready, your organization is prepared for anything and everything that the modern world can throw at it. In Crisis Ready, Melissa Agnes draws from her remarkable experience in helping global brands, government organizations, and world leaders prevent and overcome a range of real-world, high-impact crises. She uses this experience to provide your organization with a clear roadmap to implementing a crisis ready cultureand thus building an INVINCIBLE brand. Crisis Ready is not about crisis management. Management is what happens after the negative event has occurred. Readiness is what is done to build an INVINCIBLE brand, where negative situations dont occurand even if they do, theyre instantly overcome in a way that leads to increased organizational trust, credibility, and goodwill. No matter the size, type, or industry of your business, Crisis Ready will provide your team with the insight into how to be perfectly prepared for anything life throws at you. Organizations that are crisis ready are more than just resilient. Theyre invincible. Crisis Ready is your roadmap to business invincibility"
Todays business leaders have much in common with President Kennedy. They face monumental decisions in unpredictable times; their actions have implications far beyond their own organizations; and they are judged mercilessly and incessantly by both their constituents and the media. Professionals, then, would do well to study the leadership traits that made Kennedy one of the most respected, beloved, and influential world leaders in modern history. John F. Kennedy on Leadership analyzes what made Kennedy, both before and during his Presidency, a unique and dominant force who would serve as the standard by which future leaders would be judged. Readers will learn the value of: * Planning and decision making: Consult widely, then act. * Crisis management: Dont let events manage you. * Building a team: Find your own "Bobby." * Independence: Dont follow the crowd. * Mistakes: Learn from them and move on. This timely (and timeless) book will be of interest to anyone involved in leadership.
Root Cause Failure Analysis (RCFA) is a method used by maintenance and reliability industry professionals as one of the key tools to drive improvement. This book offers a quick guide to the applications involved in performing a successful RCFA by providing a foundational view of maintenance and reliability strategies. It also highlights the practical applications of RCFA and identifies how to achieve a successful RCFA, as well as discussing common equipment failures and how to solve them. Case studies on topics including pump system failure analysis and vibration analysis are included. Suggests examples on how to solve common failure on many types of equipment, including fatigue, pumps, bearings, and mechanical power transmission Highlights practical applications of RCFA Identifies key elements for how to achieve a successful RCFA Presents case studies on topics including pump system failure analysis and vibration analysis The book is a must-read for any reliability engineer, particularly mechanical reliability professionals.
Data management systems play the most crucial role in building large application s- tems. Since modern applications are no longer single monolithic software blocks but highly flexible and configurable collections of cooperative services, the data mana- ment layer also has to adapt to these new requirements. Therefore, within recent years, data management systems have faced a tremendous shift from the central management of individual records in a transactional way to a platform for data integration, fede- tion, search services, and data analysis. This book addresses these new issues in the area of data management from multiple perspectives, in the form of individual contributions, and it outlines future challenges in the context of data management. These contributions are dedicated to Prof. em. Dr. Dr. -Ing. E. h. Hartmut Wedekind on the occasion of his 70th birthday, and were (co-)authored by some of his academic descendants. Prof. Wedekind is one of the most prominent figures of the database management community in Germany, and he enjoys an excellent international reputation as well. Over the last 35 years he greatly contributed to making relational database technology a success. As far back as the early 1970s, he covered-as the first author in Germany- the state of the art concerning the relational model and related issues in two widely used textbooks "Datenbanksysteme I" and "Datenbanksysteme II". Without him, the idea of modeling complex-structured real-world scenarios in a relational way would be far less developed by now. Among Prof.
Primer on Risk Analysis: Decision Making Under Uncertainty, Second Edition lays out the tasks of risk analysis in a straightforward, conceptual manner, tackling the question, "What is risk analysis?" Distilling the common principles of many risk dialects into serviceable definitions, it provides a foundation for the practice of risk management and decision making under uncertainty for professionals from all disciplines. New in this edition is an expanded risk management emphasis that includes an overview chapter on enterprise risk management and a chapter on decision making under uncertainty designed to help decision makers use the results of risk analysis in practical ways to improve decisions and their outcomes. This book will empower you to enter the world of risk management in your own domain of expertise by providing you with practical, insightful, useful and adaptable knowledge of risk analysis science including risk management, risk assessment, and risk communication. Features: Answers the fundamental question, "What is Risk Analysis?" Presents the tasks of risk management, risk assessment, and risk communication in a straightforward, conceptual manner Responds to the continuing evolution of risk science and addresses the language of risk as it continues to evolve Expands the risk management emphasis with a new chapter to serve private industry and a growing public sector interest in the growing practice of enterprise risk management Includes a new chapter on decision making under uncertainty provides practical guidance and ideas for using risk science to improve decisions and their outcomes Features an expanded set of examples of the risk process that demonstrate the growing applications of risk analysis This book is suitable for executives, professionals and students who seek a fundamental understanding of risk management, risk assessment, and risk communication. A more detailed examination of this topic, suitable for practitioners from any discipline as well as students and professionals who aspire to become experts in the practice of risk analysis science, is found in Principles of Risk Analysis: Decision Making Under Uncertainty, Second Edition, ISBN: 978-1-138-47820-6.
Dive inside this textbook for an accessible guide to the discipline of public services. Perfect for students, it offers a comprehensive account of core public service topics and explains the fundamental elements of working in the public services. Outlining their role in the welfare state, it explores the policies, providers and legalities shaping the context in which public services operate. Students will study concepts of organisational change, strategy, management, leadership and funding, and engage with timely discussions around contemporary public issues such as equality, sustainability and climate change. Key features to support student learning include: * objectives at the beginning of each chapter; * case studies and examples; * end of chapter summaries; * reflective questions; * further reading recommendations and resources. Bringing together authors with expertise in politics and public policy, social policy and law, this book is essential reading for everybody studying public services.
From cholesterol to cancer, asteroids to AIDS, we face more risks than our grandparents ever dreamed of. But most of us are 200 years behind the curve when it comes to making intelligent risk-based decisions: We refuse to fly, but don't wear seat belts in our far more dangerous cars. We panic about toxic waste dumps, but collectively smoke a billion cigarettes a year. In this entertaining and enlightening look at risk in the modern age, John Ross argues that the burgeoning science of risk assessment has given us powerful new tools to cope in a complex world, if we could only learn how to speak the language. Ross examines the building blocks of this new language, and helps us identify and relinquish long-held, often pre-set, biological and psychological responses to risk. Through vivid stories and compelling science, Ross empowers us to take control of our lives and to exercise our most basic democratic freedom--the power to make our own decisions--both as individuals and as a society.
Take The 7 Habits of Highly Effective People to an Entirely New Level with this Wall Street Journal Bestselling Author"With laugh-out-loud humor and unconventional wisdom, Management Mess to Leadership Success will provide you with the tools to become the leader you would choose to follow." -Karen Dillon Author of The Harvard Business Review Guide to Office Politics Winner of Bookpal's 2019 Outstanding Works of Literature (O.W.L) award in Leadership! Forbes Holiday Wish List. Your Leadership Skills Are About to Change. Millions have read the all-time global best seller The 7 Habits of Highly Effective People by Stephen R. Covey. Both leaders and individuals have been inspired and transformed by its universal principles of effectiveness, including Scott Jeffrey Miller. Scott Miller knows what it's like to fail. He was demoted from his first leadership position after only three weeks-and that's just one of several messy management experiences on his two-decade journey to leadership success. Everyone fails. But something sets Scott apart: transparency and willingness to openly share his story in a way that is forthright, relatable, and applicable. You can become a better leader. In Miller's Management Mess to Leadership Success you'll find 30 leadership challenges that can, when applied, change the way you manage yourself, lead others, and produce results. The wisdom in Scott's book was learned through hard knocks and was honed by Stephen R. Covey and the FranklinCovey team through years of research and corporate training experience. Learn to: Lead difficult conversations, celebrate success Inspire trust, actively listen, challenge paradigms Put the right people in the right roles Create a clear and actionable team vision Get the right results in the right way Fans of The 7 Habits of Highly Effective People who have read and liked Radical Candor, Dare to Lead, or Mastering Leadership will love Scott Miller's Management Mess to Leadership Success.
Society is now facing challenges for which the traditional management toolbox is increasingly inadequate. Well-grounded theoretical frameworks, such as systems thinking and cybernetics, offer general level interpretation schemes and models that are capable of supporting understanding of complex phenomena and are not impacted by the passage of time. This book serves the knowledge society to address the complexity of decision making and problem solving in the 21st century with contributions from systems and cybernetics. A multi-disciplinary approach has been adopted to support diversity and to develop inter- and trans-disciplinary knowledge within the shared thematic of problem solving and decision making in the 21st century. Its conceptual thread is cyber/systemic thinking, and its realisation is supported by a wide network of scientists on the basis of a highly participative agenda. The book provides a platform of knowledge sharing and conceptual frameworks developed with multi-disciplinary perspectives, which are useful to better understand the fast changing scenario and the complexity of problem solving in the present time.
A pilot ?ying to a distant city needs to check his position, ?ight path and weather conditions, and must constantly keep his plane under control to land safely.TheIfosurveydataprovideadvanceinformationonchangingeconomic weather conditions and help keep the economy under control. To be sure, by their very nature they only provide short-term information. But like a plane, the economy will not be able to reach its long-term goals if it strays o? course in the short term. The Ifo survey data provide the most comprehensive and accurate, - to-date database in Europe on the state of the business cycle, and the Ifo climate indicator, sometimes simply called "The Ifo," is the most frequently cited indicator of its kind in Europe. Both the European stock market and theeuroreacttoourindicator.Ifo'smethodologyfordeterminingthebusiness climateindicatorhasbeenexportedtomorethan?ftycountries, mostrecently toTurkeyandChina.TheIfopeoplewereproudtohavebeenaskedtohelpset up polling systems in these countries. It is said that the Chinese government relies more on their "Ifo indicator" than on their o?cial accounting statistics.
Many complex systems in civil and military operations are highly automated with the intention of supporting human performance in difficult cognitive tasks. The complex systems can involve teams or individuals working on real-time supervisory control, command or information management tasks where a number of constraints must be satisfied. Decision Making in Complex Environments addresses the role of the human, the technology and the processes in complex socio-technical and technological systems. The aim of the book is to apply a multi-disciplinary perspective to the examination of the human factors in complex decision making. It contains more than 30 contributions on key subjects such as military human factors, team decision making issues, situation awareness, and technology support. In addition to the major application area of military human factors there are chapters on business, medical, governmental and aeronautical decision making. The book provides a unique blend of expertise from psychology, human factors, industry, commercial environments, the military, computer science, organizational psychology and training that should be valuable to academics and practitioners alike.
Does Your Company Culture Fit Your Business Strategy? A high-performing company culture can translate into happy employees, a productive and engaging work environment, and fluid communications. To help you define and create a culture that works in today's competitive world, Entrepreneur's community of small business owners and entrepreneurs share their battle-tested strategies, hard-won advice, and secrets behind what works and what doesn't. Entrepreneur Voices on Company Culture will help you to: Create a culture that fits your brand and leadership style Hire the right team that will support your mission Increase your team's productivity without causing burnout Retain your best employees with creative and effective appreciation Avoid the tragic mistakes made by companies that have come before you Plus, learn how WP Engine's CEO realized cultures can be created by accident, why Raising Cane's makes every employee spend time as a fry cook, and how the founder of Blue Fish stayed afloat after everyone quit on the same day.
Simple is rarely easy to implement. However, as a recent Flow trainee puts it, "Flow 'plays nice' with everyone! And, it will enable you to successfully customize and implement whatever solution you choose." Flow is the distillation of over fifty years of successful, hands-on experience that has delivered more than 100 million US dollars in value-add to companies in Europe, the United States, and Asia. Putting Flow into practice, one company increased profit $550,000 in one year on $2.5 million of revenue, and a large Asian telecom turned around a mission critical project from a projected 2-year schedule overrun and 300% budget increase to delivering seven months early and $4 million under the original budget in a 90-day period. Ted and Andrew Kallman unify Traditional management and Agile methodologies enabling successful results, regardless of the existing leadership framework. Simple and easy to understand, Flow helps individuals, teams, and organizations create and sustain high performance.
Practical Elements of Safety contains the invited papers presented at the Twelfth annual Safety-critical Systems Symposium, held at Birmingham, UK in February 2004. The papers included in this volume focus on the themes of the identification and analysis of risk - using the UK railway as an industry example; safety-integrity levels; industrial use of formal methods; as well as expanding on the development, assessment and changing face of current safety issues. All the papers are linked within the broad context of safety-critical systems actvities and offer a practical perspective. Papers contain industrial experience, as well as academic research, and are presented under the headings of: Mature and Practical Formality, Managing Risk in the Railway Industry, Safety Integrity Levels, the Human Side of Risk, Assessment and the Derivation of Evidence, and Safety Argument and the Law. |
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