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Books > Business & Economics > Business & management > Management & management techniques > Management decision making > General
How and to what extent do decisions affect business performance?
Despite years of study by academic researchers and industry
practitioners, there still remains a need to draw a clear and
established connection between decision making and performance. By
closely examining consequential business decisions made by key
executives, this book offers a better understanding of business
performance and recommendations for improved business practices.
Through the use of case studies and interviews with business
leaders based on 17 theorized measures of performance, this
breakthrough study not only clarifies the impact of decisions on
business performance, but also defines and distinguishes decisions
that lead to successful and unsuccessful performance.
Recommendations are made to optimize decision making for businesses
of all sizes and projections about the future of decision making
and performance are provided. This book can be used both as a
reference source for academic researchers and students seeking
further research on the subject, and as a practical guide for
leaders and business professionals seeking advancement and better
decision making within the industry.
In today's competitive market, a manager must be able to look at
data, understand it, analyze it, and then interpret it to design a
smart business strategy. Big data is also a valuable source of
information on how customers interact with firms through various
mediums such as social media platforms, online reviews, and many
more. The applications and uses of business analytics are numerous
and must be further studied to ensure they are utilized
appropriately. Data-Driven Approaches for Effective Managerial
Decision Making investigates management concepts and applications
using data analytics and outlines future research directions. The
book also addresses contemporary advancements and innovations in
the field of management. Covering key topics such as big data,
business intelligence, and artificial intelligence, this reference
work is ideal for managers, business owners, industry
professionals, researchers, scholars, academicians, practitioners,
instructors, and students.
A successful Wall Street trader turned neuroscientist reveals how
risk taking and stress transform our body chemistry
Before he became a world-class scientist, John Coates ran a
derivatives trading desk in New York City. He used the expression
"the hour between dog and wolf" to refer to the moment of
Jekyll-and-Hyde transformation traders passed through when under
pressure. They became cocky and irrationally risk-seeking when on a
winning streak, tentative and risk-averse when cowering from
losses. In a series of groundbreaking experiments, Coates
identified a feedback loop between testosterone and success--one
that can cloud men's judgment in high-pressure decision-making.
Coates demonstrates how our bodies produce the fabled gut feelings
we so often rely on, how stress in the workplace can impair our
judgment and even damage our health, and how sports science can
help us toughen our bodies against the ravages of stress. Revealing
the biology behind bubbles and crashes, "The Hour Between Dog and
Wolf "sheds new and surprising light on issues that affect us all.
Measuring Human Capital addresses a country's most important
resource: its own people. Bettering human capital benefits
individuals and their country and leads to improved sustainability
for the future. For many years economists only used Gross Domestic
Product (GDP), now acknowledged to be inadequate without
supplemental measures, to gauge a country's overall value. There is
now a recognition that many variables contribute to a country's
worth, which make accurate measurement difficult. Looking beyond
GDP by focusing on human capital, researchers, policymakers,
government officials, and students can understand what elements
impact human capital and how they might improve it in order to
increase economic growth and well-being.
In his book Leaving a Legacy: Navigating Family Businesses
Succession author David C. Bentall shares family business insights
gleaned from 20 years of working with The Bentall Group and
Dominion Construction especially as they relate to the challenges
of family business succession. Skillfully marrying his own
experience with best practices in the field, he offers solutions to
the distinct challenges faced by all families in business.
Practical examples are also included from prominent entrepreneurial
business families from across North America. Each of the following
families share successful strategies for succeeding in family
business: Practical examples are also included from the following
prominent entrepreneurial business families from across North
America: Peter Armstrong of Rocky Mountaineer, Victor Bachechi of
Carlo Inc., Keith & Ryan Beedie of Beedie Development Group,
Murray Berstein of Nixon Uniform Service and Medical Wear, Jay
Bornstein of Bornstein Seafoods, DJ Devries of Newton Omniplex,
Ashleigh Everett of Royal Canadian Properties, Karen & Charles
Flavelle of Purdy's Chocolates, Ken Finch & Robert Foord of Kal
Tire, Paul & Michael Higgins of Mother Parkers Tea and Coffee,
Richard Ivey of Ivey Foundation, Greg Kuykendall of Kuykendall
Hearing Aid Center, Peter Legge of Canada Wide Media, Stuart
McLaughlin of Grouse Mountain Resorts, David McLean of The McLean
Group, Jack McMillan of Nordstrom, Paul Melnuk of FTL Capital
Partners, Dave Miller of Fix Auto, Larry Rosen of Harry Rosen, Greg
Simpson of Simpson Seeds Inc., Jane Tidball of Thunderbird Show
Park, Bill Yeargin (Meloon Family) of Correct Craft.
Decision-making is an activity in which everyone is engaged on a
more or less daily basis. In this book, Karin Brunsson and Nils
Brunsson explore the intricacies of decision-making for individuals
and organizations. When, how and why do they make decisions? The
authors identify four distinct ways of reasoning that
decision-makers use. The consequences of decisions vary: some
promote action, others impede it, and some produce more
responsibility than others. With in-depth discussions of
rationality, justifications and hypocrisy, the authors show how
organizational and political decision processes become
over-complicated and difficult for both decision makers and
external observers to understand. Decisions is a concise and
easy-to-read introduction to a highly significant and intriguing
topic. Based on research from several fields, it provides useful
reading and essential knowledge for scholars and students
throughout the social sciences and for everyone who wants to
understand their own decisions and those of others.
Economic Effects of Natural Disasters explores how natural
disasters affect sources of economic growth and development. Using
theoretical econometrics and real-world data, and drawing on
advances in climate change economics, the book shows scholars and
researchers how to use various research methods and techniques to
investigate and respond to natural disasters. No other book
presents empirical frameworks for the evaluation of the quality of
macroeconomic research practice with a focus on climate change and
natural disasters. Because many of these subjects are so large,
different regions of the world use different approaches, hence this
resource presents tailored economic applications and evidence.
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