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Books > Business & Economics > Business & management > Management & management techniques > Management decision making > General
"Public Private Partnership is a key issue in the construction industry - causing much concern among contractors, funders and facility managers. Demand has been building for a thorough analysis ... "This edited book will familiarise both researchers and construction professionals working with public private partnerships (PPP) with the issues involved in the planning, implementation and day-to-day management of public private projects. It will show how current risk management methods can help the complex process of managing procurement via such partnerships. The chapters - most authored by a practitioner/academic partnership - are organised round the concepts of best value and use the findings of a major research project investigating Risk Assessment and Management in Private Finance Initiative Projects. The analysis of this research will be supplemented with contributions by leading international experts from Hong Kong, Australia and Singapore, covering hospitals, schools, waste management and housing - to exemplify best practice in PPP-based procurement.
The author of this volume illustrates how decision-making in organizations has to go beyond economic criteria and the individual level, due to the impossibility of making decisions that do not affect other human beings. The book first reviews the conventional analyses of decision-making, including the classical analysis of uncertainty and the multiple criteria decision-making with qualitative aspects, that do not take into account explicitly how decisions affect other people. Following this, the author puts forward a model for analyzing decisions, which takes into consideration the effects on other people. Decision-Making in an Organizational Context highlights the consequences of organizational decision-making and suggests the principles of effectiveness, attractiveness and unity of the organization that should guide it. The volume finishes up by applying this framework of analysis to real-world situations.
This book examines the relationships among leadership, the quality of the management process and business results. Drawing from the pioneering contributions of Chester I. Barnard, this book defines the role and characteristics of an effective and efficient manager in the new knowledge economy. This book also examines the relevance of Barnard's work on modern studies in economics and business administration. Chester I. Barnard considered the company to be a complex socio-economic system, oriented towards general aims. A company's behavior is rational if its constituent elements and management models are planned, organized, guided and regulated in order to create and maintain a cooperative system that combines efficiency and effectiveness. In this book, the conceptual construction of Barnard's management theory is represented by a synthetic scheme in which the various components of the business process (including leadership) and their influences on the outcome variables of the company are linked as a system. This approach makes this book appealing to academics, scholars and professionals in business, management, administration and knowledge management.
The Missing Link to Toyota-Style Success--LEAN LEADERSHIP Winner of the 2012 Shingo Research and Professional Publications Award "This great book reveals the secret ingredient to lean success:
lean leadership. Not only is it a pleasure to read, but it is also
deep and enlightening. This book is an absolute must-read for
anyone interested in lean: it's both an eye opener and a game
changer." "This will immediately be recognized as the most important book
ever published to understand and guide 'True North Lean' and the
goal of perpetual business excellence." "An excellent book that will shape leadership development for
decades to come." About the Book: TOYOTA. The name signifies greatness-- world-class cars and game-changing business thinking. One key to the Toyota Motor Company's unprecedented success is its famous production system and its lesser-known product development program. These strategies consider the end user at every turn and have become the model for the global lean business movement. All too often, organizations adopting lean miss the most critical ingredient--lean leadership. Toyota makes enormous investments in carefully selecting and intensively developing leaders who fit its unique philosophy and culture. Thanks to the company's lean leadership approach, explains "Toyota Way" author Jeffrey Liker and former Toyota executive Gary Convis, the celebrated carmaker has set into motion a drive for continuous improvement at all levels of its business. This has allowed for: Constant growth: Toyota increased profitability for 58 consecutive years--slowing down only in the face of 2008's worldwide financial difficulties, the recall crisis, and the worst Japanese earthquake of the century. Unstoppable inventiveness: Toyota's approach to innovative thinking and problem solving has resulted in top industry ratings and incredible customer satisfaction, while allowing the company to weather these three crises in rapid succession and to come out stronger. Strong branding and respect: Toyota's reputation was instrumental in the company's ability to withstand the recalls-driven media storm of 2010. But what looked to some to be a sinking ship is once again running under a full head of steam. Perhaps the Toyota culture had weakened, but lean leadership was the beacon that showed the way back. In fact, writes Liker, the company is "as good and perhaps a better model for lean leadership than it ever has been." of innovation and growth. Yet, "Industry Week" reports that just 2 percent of companies using lean processes can likewise claim to have had long-term success. What the other 98 percent lack is unified leadership with a common method and philosophy. If you want to get lean, you have to take it to the leadership level. "The Toyota Way to Lean Leadership" shows you how.
Creating Knowledge Based Organizations brings together high quality concepts closely related to organizational learning, knowledge workers, intellectual capital, virtual teams and will include the methodologies, systems and approaches needed to create and manager knowledge-based organizations of the 21st Century.
Should we be doing--or trying to do--everything ourselves, or might it be better to contract some tasks out to others? Could they do them better and cheaper than we can? More and more state and local governments are asking these questions, and while there are many answers on the Federal level, these answers often don't apply lower down the line. Nevertheless, it is evident that contracting out is often the better strategy--but how best to go about it? What are the benefits and what are the hidden risks? Dr. O'Looney's book provides precisely the guidance that state and local managers need: first, how to decide to outsource a government service, then step-by-step how to proceed. Based on extensive interviews and other research, O'Looney takes managers through the intricacies of contract outsourcing and administration, but in doing so he makes clear that he appreciates the importance of government. His book is not an argument for privatization, as so many other books are; rather, it is an affirmation of government and the benefits of its many services. Readers will find theory and advice on the services that are most suitable for contracting out; a listing and review of the components of a high-quality analysis, including the analysis of often overlooked political, organizational, and functional aspects of government; advice on how to go from deciding to outsource to actually designing, implementing, and monitoring a contract in situations that could prove hazardous to the livelihoods of government workers. He also discusses the changes that need to be made in the organizational culture, management, and employee training as a result of the change to a contract-based system of providing services; the considerations in designing work specifications and other critical aspects of the government-vendor relationship, and how ideal contracting processes and ideal contracts can differ according to the nature of the service being contracted. The result is a thorough and highly practical volume for executives and managers in the public sector, and for those who hope to do business with them.
From medicine to education, evidence-based approaches aim to
evaluate and apply scientific evidence to a problem in order to
arrive at the best possible solution. Thus, using scientific
knowledge to inform the judgment of managers and the process of
decision-making in organizations, Evidence-based Management (EBMgt)
is the science-informed practice of management.
The study of management and organization has transitioned from approaches to deal with steady state management, to approaches that can cope with unknown or unknowable futures. The strategy field has has moved from business policy, through strategic planning, onto strategic management and now grapples with dynamic contexts as the new normal. In that trend the field has seen a broad movement in research interests in corporate and competitive strategies towards an emphasis on the manager's strategic role. Through this shift, strategy has moved from a concept of something organizations have towards something that managers do. This has happened while traditional boundaries of industries have become permeable and even melted away. Managers tasked with doing strategy have lost not just the certainty of a goal-oriented future, but also the certainty of understanding their current position. Decision-making tools have now moved from answer generators to scenario builders. When decisions can rely less on evidence and certainty, it is managers that take up the slack and fill the void. This book focuses on the challenge of making strategic decisions in conditions of uncertainty.
An increasing amount of attention has been focused on the employment effect of governmental regulation. Controversy over the implementation and impacts of governmental rules are now central to current public policy debates relating to employment and labor markets. A new policy framework for regulation is needed to make the regulatory decision-making process more responsive to the requirements for economic growth and to the employment effects of regulation. The President and Congress need to provide effective oversight of the process, from the perspective of both a single regulation and a government-wide approach to regulatory planning. Regulatory agencies need to use state-of-the-art analytical tools so that they can better determine the employment effects of their regulatory actions. This book presents a common-sense, albeit highly sophisticated and technical, approach to improving the technical soundness, credibility, and transparency of the regulatory decision-making process.
This established and popular text is regarded as one of the clearest and most comprehensive in its field. David Eadson has joined Jon Curwin and Roger Slater in the author team, and together they have sought to offer a more compact book with all the qualities of the previous six editions, whilst strengthening the links to online support materials. The new edition has been enhanced to reflect the latest learning plans and techniques, providing students with all the tools they need to pass the typical Quantitative Methods course. Each chapter focuses on a selection of statistical techniques, illustrated with examples from across business, marketing, economics, finance, and public administration, to appeal to students across the business spectrum. Whilst all core material is covered in the book itself, the online offering has been bolstered to include Parts 6-8 covering 'Modelling', 'Mathematical Topics' and 'Student Guides' respectively, in addition to a wide range of other resources including datasets and extra learning tools. Visual signposts throughout the text guide the student to the online platform to provide a seamless interaction between the two this providing a multi-faceted learning experience. The wide-ranging coverage provided makes this the ideal text for the teaching of quantitative methods across all business disciplines at undergraduate, MBA, and post-experience levels.
A practical guide for those who facilitate group interactions within any public or private organization, this book gives specific strategies for conducting effective meetings, resolving conflicts within a group, and building consensus among group members and managing the work of groups over time. Webne-Behrman unique combination of practical advice and conceptual analysis. With examples from his extensive consulting experience and case studies from other sources, this book will be of value not only to experienced facilitators, mediators, and consultants, but also to executives and managers who need to become familiar with group facilitation. Webne-Behrman points out that a facilitator is actually a manager of a group within an organization--an important and diversified role. Not only do facilitators lead work teams in solving complex business problems, but in the public sector, they help resolve problems that may have rendered communities inoperative. They also manage interpersonal disputes to improve working relationships, and help build consensus on contentious social and political issues so as to help legislators create sound public policy. Webne-Behrman explains, The book will serve as a companion to the practitioner at times of greatest urgency. Included are outlines of the stages of effective meetings, strategies for managing conflict, ways to build consensus, and other specific advice on how to approach and solve problems.
Taylor leads readers through creativity and how it relates to leadership followed by the five stages of theory behind the idea: 1) preparation, 2) time-off (or incubation), 3) the spark, 4) selection, and 5) elaboration.
The scale and complexity of research and practices of open innovation mandate a correspondingly sophisticated form of decision making. Strategic Planning Decisions brings together a number of tools that ease the decision process in technology companies, providing both conceptual frameworks and practical applications. Innovative approaches are presented such as an ontology-based model where all the relevant aspects of a potential technology are interrelated to provide a comprehensive and logically connected data pool for decision makers. Divided into two sections, Strategic Planning Decisions describe both strategic approaches using the decision tools, and tactical approaches. Some of these tools are expanded while some others are embedded in a model that will lay the ground for practical application. These include: bibliometric analysis,
The essence of decision-aiding software is that it consists of various forms of microcomputer programming designed to enable users to process a set of (1) goals to be achieved, (2) alternatives available for achieving them, and (3) relations between goals and alternatives in order to choose the best alternative, combination, allocation, or predictive decision-rule. Benefits from using decision-aiding software include (1) being more explicit about goals to be achieved, alternatives available for achieving them, and relations between goals and alternatives; (2) being stimulated to think of more goals, alternatives, and relations than one would otherwise be likely to do; (3) being prepared to handle multiple goals, alternatives, and relations without getting confused and without feeling the need to resort to a single composite goal or a single go/no-go alternative; (4) being encouraged to experiment with changes in the inputs into one's thinking to see how one's conclusions are affected; and (5) being better able to achieve or exceed one's goals when choosing among alternatives or allocating scarce resources. There are five parts to the book covering: (1) a broad overview of decision-aiding packages, including criteria for evaluating them; (2) approaches that are based on management science and operations research, including linear programming and decision trees; (3) spreadsheet-based software, generally with goals on the columns, alternatives on the rows, relations in the cells, overall totals for each alternative at the far right, and a capability for indicating how the totals would be altered as a result of changes in the inputs; (4) expert systems software including rule-based and knowledge-based expert systems; and (5) general applications of decision-aiding software and a discussion of the increasing utilization of such software.
An insightful and inspiring book on using "both/and" thinking to make more creative, flexible, and impactful decisions in a world of competing demands. Life is full of paradoxes. How can we each express our individuality while also being a team player? How do we balance work and life? How can we improve diversity while promoting opportunities for all? How can we manage the core business while innovating for the future? For many of us, these competing and interwoven demands are a source of conflict. Since our brains love to make either-or choices, we choose one option over the other. We deal with the uncertainty by asserting certainty. There's a better way. In Both/And Thinking, Wendy Smith and Marianne Lewis help readers cope with multiple, knotted tensions at the same time. Drawing from more than twenty years of pioneering research, they provide tools and lessons for transforming these tensions into opportunities for innovation and personal growth. Filled with practical advice and fascinating stories-including firsthand tales from IBM, LEGO, and Unilever, as well as from startups, nonprofits, and even an inn at one of the four corners of the world-Both/And Thinking will change the way you approach your most vexing problems.
This book provides an overview of organizational decision making and the use of information in the process. In addition, it draws on original empirical work to establish general principles for design of information systems, which are tuned to the way managers actually behave and make decisions at the highest level of the organization. The book also gives insights into the ways higher education institutions operate and deal with complex problems that are messy and have broad political ramifications. It offers a solid basis for the necessary shared understanding between managers and information providers that will enable the information resources of an organization to be effectively harnessed to support decision making activities. It demonstrates the way decision making occurs in organizations and shows how information contributes to the these with a high-level decision group and, on the basis of the empirical tests, proposed a new theory of complex decision making and information in organizational settings. For readers interested in theoretical aspects of complex decision making, or in research in decision making and information, the book builds on the two theories of decision making with the highest profiles in the organizational literature. It also shows new ways of testing those theories in the real world of organizations.process. A key feature of this volume is its contribution to the development of a theory of high-level decision making in organizations that takes into account the function of information in the process. This is accomplished through an account of a research project that formulated two broadly based theories of decision making and information use, tested
Multiple Criteria Decision Making (MCDM) is all about making choices in the presence of multiple conflicting criteria. MCDM has become one of the most important and fastest growing subfields of Operations Research/Management Science. As modern MCDM started to emerge about 50 years ago, it is now a good time to take stock of developments. This book aims to present an informal, nontechnical history of MCDM, supplemented with many pictures. It covers the major developments in MCDM, from early history until now. It also covers fascinating discoveries by Nobel Laureates and other prominent scholars. The book begins with the early history of MCDM, which covers the roots of MCDM through the 1960s. It proceeds to give a decade-by-decade account of major developments in the field starting from the 1970s until now. Written in a simple and accessible manner, this book will be of interest to students, academics, and professionals in the field of decision sciences.
Leadership and strategy are intricately connected--one of the primary responsibilities of leaders is to formulate strategy. In an organization, only the leader has the power to implement strategic change. Thus strategic thinking is a necessary and fundamental cognitive ability of a leader. Strategic thinking requires both an idealism (to imagine a better world) and a realism (to acquire the resources, skills and organization to get there). However, most organizations focus on short-term thinking for their employees and leave long-term strategy to the executives. But no high-level executive in any organization is fully knowledgeable about the details of operations. Thus for realistic strategy, there is a need for good top-down and bottom-up communication. When organizational communication is only top-down, high-level strategy can become only wishful thinking by the CEO. The purpose of proper strategic thinking is to eliminate wishful-thinking from organizational strategy. Strategic thinking is necessary at every level of an organization, not just at the top. This book uses actual histories of business successes and failures to illustrate theoretical concepts in strategic thinking.
This book covers the proceedings from the 2016 International Symposium on Chaos, Complexity and Leadership, and reflects current research results of chaos and complexity studies and their applications in various fields. Included are research papers in the fields of applied nonlinear methods, modeling of data and simulations, as well as theoretical achievements of chaos and complex systems. Also discussed are leadership and management applications of chaos and complexity theory.
Every year the US federal government will spend roughly 100 billion dollars through competitive IDIQ (Indefinite Duration Indefinite Quantity) contracts. When you add in contracts awarded by State governments and commercial organizations using very similar processes you're looking at 700 billion dollars' worth of business. Getting a slice of that pie depends on how well you manage the contracting project. This is because IDIQs are essentially empty contract structures which then require a second round of winning task orders. For contracts with the government, this two-step structure which is specified in law and regulation, has specific pitfalls and opportunities which are rarely the subject of contract and project management training. Salesky's coaching style talks you through the specific challenges in the startup, management, and closing of the IDIQ. This book gives a pragmatic and best-practice description of the entire life cycle of this type of contract offering you the "inside advisor" you need to help you through the pragmatics issues of clients', performers', and bosses' expectations.
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