Companies are constantly faced with the need to grow and advance in order to compete with other corporations. The implementation of computer innovations allows for smoother transitions to adaptive changes through the use and understanding of analytical tools. Modeling and Simulation Techniques for Improved Business Processes is a critical scholarly resource that examines the systems currently implemented in companies and how they can be upgraded and advanced through various computer design methods. Featuring coverage of a broad range of topics including scenario planning, casual modeling, and system dynamics, this publication is targeted toward researchers, professionals, and engineers searching for current research on corporate innovations created through computer design methods.

Formal decision and evaluation models are sets of explicit and well-defined rules to collect, assess, and process information in order to be able to make recommendations in decision and/or evaluation processes. They are so widespread that almost no one can pretend not to have used or suffered the consequences of one of them. Our earlier companion volume, Evaluation and Decision Models, heavily criticised formal models but also argued that they could be useful. On the other hand, Evaluation and Decision Models with Multiple Criteria is a guide aimed at helping the analyst to choose a model and use it consistently. We propose a sound analysis of techniques and our presentation can be extended to most decision and evaluation models as a decision aiding methodology. This volume is intended for the enlightened practitioner, for anyone who uses decision or evaluation models - for research or for applications - and is willing to question his practice, to have a deeper understanding of what he does.

Have you ever wondered why you make bad decisions? Or why it's so hard to make a decision in the first place? Through pioneering research into behavioural science, decisions expert Dr Sheheryar Banuri has designed an entirely novel decision-making framework which can be adopted into everyday life to help us better our decision-making skills by understanding and streamlining the process. The result? Simple, effective and efficient techniques to combat indecision. The Decisive Mind will draw on examples from evolutionary psychology, examine our ability (or inability) to prioritise and highlight the scenarios that force decision-making errors, and help us understand our own minds. By unpicking a lifetime's worth of misconceptions about our own decision-making patterns and habits, this book will guide you on your first steps towards optimising your own brain space.

More than a fad, teaming is proving to be a new way of organizational life, with eight out of every ten employees now involved in some kind of teamwork. But how exactly does one play on a team at work? While there are plenty of manuals, trainers, and theories that help managers create, lead, and reward teams, actual team members are often left struggling without a handbook or a coach.
With refreshing clarity and common sense, Maureen O'Brien, a team expert with more than twenty years of experience as a player, coach, and business consultant, offers one-on-one coaching tips to team players in Who's Got the Ball? The author covers all the bases, from setting a team's goals and articulating its noble purpose, to banishing boring meetings, deciding how to make decisions, and even using flip charts effectively. Friendly and conversational, O'Brien offers experience-based, easy-to-implement guidelines that are eminently practical and surprisingly fun. Her concise coaching notes, wonderfully illustrated by real-life organizational situations, address every aspect of daily team life, including: creating a workable team structure * being a valuable team member * avoiding common teamwork traps * running an effective team meeting * making and implementing decisions * leading a team.
From developing a new team and determining just what kind of game your team is playing--individualistic baseball, interdependent basketball, or tightly orchestrated football--to dealing with personality-based conflicts, knowing when to take a time-out, and honoring a project's most valuable player, Who's Got the Ball? is an invaluable guide to surviving--and thriving--on today's work teams.

Jay Mendell explores the profound implications and consequences of the forecaster's new and changing role in an economy based on high-technology entrepreneurship. This incisive text explains the principles of nonextrapolative forecasting/planning and compares them with conventional forecasting/planning methods. Case studies of nonextrapolative forecasting and planning in Sears, AT&T, a large hotel chain, an electric power company, and the Security Pacific Bank are provided. They deal with the practical problems of setting up forecasting/planning groups and maintaining their existence and influence through internal planning processes. The political process of acceptance and implementation of forecasting/planning is also explained. Comprehensive planning and forecasting documents are included as appendix material.

Collaborative decision making processes are a form of communication inside organizations. Their functioning can teach lessons for the design of electronic office systems. Those processes are open ended and therefore decide themselves on their form. Like oral deliberations which cannot be modelled in advance any open ended communication process needs means for common control over the further advancement and the ending of the process.

The history of German administrative practice and its special methods of using disposals for the control of common processes shows the creation of records as based on communication needs generated by the intention of joint actions. For electronic decision making processes the purposes remain the same, but the means have to follow the effects of electronic communication on messages.

The book is a reworked English version of a thesis for the official qualification for university professorship accepted by the German University of Administrative Sciences Speyer. Germany.

Decision Support Systems: Frequently Asked Questions is the authoritative reference guide to computerized Decision Support Systems. others about computerized Decision Support Systems. Dr. Power is first and foremost a Decision Support evangelist and generalist. From his vantage point as editor of DSSResources.COM, he tracks a broad range of contemporary DSS topics. computerized decision support systems. The FAQ covers a broad range of contemporary topics and the questions are organized into 8 chapters. differ for a Data-Driven DSS? * Is a Data Warehouse a DSS? * Is tax preparation software an example of a DSS? * What do I need to know about Data Warehousing/OLAP? * What is a cost estimation DSS? * What is a Spreadsheet-based DSS? IT specialists, students, professors and managers. It organizes important Ask Dan questions (with answers) published in DSS News from 2000 through 2004.

Current thinking about how to improve strategic planning (now upgraded to strategic thinking) and decision making by managers at all levels is to employ some aspect of information systems technology. Although this approach has worked well for most organizations, chief executives are now asking their managers to do what they do best but to do it better. But how? Future thinking about improving strategic thinking and decision making involves integrating creativity with the latest in information systems. Hence, the power of the computer can be an important means to assist managers in doing what they do better when employing a creative computer software approach.

Initially, the text looks at a number of areas that are impacted by creativity, with special emphasis on creative computer software. Management decision making is examined from a problem-finding or a forward-looking viewpoint that can benefit from utilizing creative computer software. Not only is this software useful for organizing ideas, but also for getting managers involved in networking ideas in different locations of a company. But more importantly, this software centers on the generation of new ideas. To demonstrate the generation of these ideas, the final part of the text gives a number of real-world applications of creative computer software. Particular emphasis is placed on Idea Fisher 4.0, an effective software package for generating new products and services.

This book mainly introduces a series of theory and approaches of group decision-making based on several types of uncertain linguistic expressions and addresses their applications. The book pursues three major objectives: (1) to introduce some techniques to model several types of natural linguistic expressions; (2) to handle these expressions in group decision-making; and (3) to clarify the involved approaches by practical applications. The book is especially valuable for readers to understand how linguistic expressions could be employed and operated to make decisions, and motivates researchers to consider more types of natural linguistic expressions in decision analysis under uncertainties.

Getting organizations going is one thing. Stopping them is another. This book examines how and why organizations become trapped in disastrous decisions. The focal point is Project Taurus, an IT venture commissioned by the London Stock Exchange and supported by numerous City Institutions. Taurus was intended to transform London's antiquated manual share settlement procedures into a state of the art electronic system that would be the envy of the world. The project collapsed after three year's intensive work and investments totalling almost GBP500 million. This book is an in depth study of escalation in decision making. The author has interviewed a number of people who played a key role and presents a most readable account of what actually happened. At the same time she sets the case in the broader literature of decision making.

Updated examples throughout the book feature current business problems and events and incorporate new, relevant research. New discussions and insights on topics such as 'blind spots', overconfidence, and ethical decision making. New content exploring recent controversies in the field of judgment and decision making.

Providing the necessary background information and hands-on tools to build compelling business cases, this book will increase the reader's capability to champion new business development ideas, take them to senior management, and facilitate the decision process by understanding the key theories and practices of finance and corporate investments.

Written by an experienced risk manager, this innovative new book explores the core concepts of risk management, including in-depth coverage of its scope, rationale, and practical applications. In addition to being fundamentally important to risk managers, this text will also be invaluable to senior executives, directors, regulators, and capital markets professionals. Students, lay readers, and others interested in finance will find a vast subject made engaging and accessible. Written with unusual clarity, "The Shape of Risk" makes use of graphics, case studies, and questions. The author encourages readers to develop their own intuition and judgment for identifying and managing risk. This is an excellent starting point for a new generation of readers who increasingly need a both practical and conceptual understanding of risk management.

With the fast pace of communications and change in today's global marketplace, investing in equities has become increasingly complex. Communicating a clear, concise, meaningful message to investors is critical. Dr. Higgins and his contributing authors provide a broad set of perspectives, lessons learned, and best practices in global investor relations. They examine the fundamentals of investor relations from a theoretical and practical perspective. They explore individual company strategies and challenges for investor relations in unique and meaningful situations--all from their own vantages and experiences at six topflight corporations with world-class investor relations organizations: AT&T, Schering-Plough, BASF, Reuters, Sony, and Toyota. Readers will get detailed pragmatic insights into the way IR is done in these important, highly visible corporations, plus the results of a unique five-year study of global strategy communications, complete with ideas and concepts they can use immediately in developing and influencing investor relations in their own organizations.

But Higgins' book is more than a collection of company studies. Impinging upon the strategic and financial communications of virtually every global corporation are institutional, market, and technological forces that are shaping the current practice of investor relations. The book examines these forces and their impact on strategic financial communications. It also explores the theoretical and empirical foundations underlying the practice of investor relations and presents a conceptual model--a strategic perspective--for viewing and analyzing best practices. In addition, the book presents the results of a recent survey of global investor relations practices in the U.S., U.K., France, Germany, and Japan, plus two new studies of the latest communication technologies in U.S. companies.

A hydrocode refers to a computer program used for the study of the dynamic response of materials and structures to impulse (primary blast), impact (involving everything from car and aircraft collisions to impacts of space structures by assorted debris).
The understanding of hydrocodes requires knowledge of numerical methods in the code as well as a keen understanding of the physics of the problem being addressed. This can take many years to learn via codes. There are currently a number of titles addressing the physics of high pressure and high rate material but nothing introducing the novice to the fundamentals of this highly technical and complicated study. This title bridges the gap, bringing together the large body of literature, scattered through diverse journals, government and corporate reports and conference proceedings. As valuable as the text are the cited references and the combination will take years off the preparation time of future code users.
* Introduces complex physics essential for the understanding of hydrocodes
* Infused with over 30 years practical experience in the field
* Brings together a wide range of literature saving valuable research time

Strategic Acquisitions: A Guide to Growing and Enhancing the Value of Your Business is for business managers, rather than "deal makers," and explains why strategy, people, and financial performance are the keys to successful acquisitions. This book will show business managers how to identify a viable acquisition, how to evaluate the likelihood of a smooth corporate merger, how to efficiently combine management and labor teams, and how to absorb the new company without jeopardizing the existing corporate culture.

This highly praised introductory treatment describes the parallels between statistical physics and finance - both those established in the 100-year long interaction between these disciplines, as well as new research results on financial markets.

The random-walk technique, well known in physics, is also the basic model in finance, upon which are built, for example, the Black-Scholes theory of option pricing and hedging, plus methods of portfolio optimization. Here the underlying assumptions are assessed critically. Using empirical financial data and analogies to physical models such as fluid flows, turbulence, or superdiffusion, the book develops a more accurate description of financial markets based on random walks. With this approach, novel methods for derivative pricing and risk management can be formulated. Computer simulations of interacting-agent models provide insight into the mechanisms underlying unconventional price dynamics. It is shown that stock exchange crashes can be modelled in ways analogous to phase transitions and earthquakes, and sometimes have even been predicted successfully.

This third edition of "The Statistical Mechanics of Financial Markets" especially stands apart from other treatments because it offers new chapters containing a practitioner's treatment of two important current topics in banking: the basic notions and tools of risk management and capital requirements for financial institutions, including an overview of the new Basel II capital framework which may well set the risk management standards in scores of countries for years to come.

Management ideas, and their associated applications, have become a prevalent feature of our working lives. While their focus is familiar, such as efficiency, motivation, and improvement, they range from specific notions such as activity-based costing, to broad movements like corporate social responsibility. This Handbook brings together some of the latest research from leading international scholars on how management ideas are produced, promoted, and adapted, and their effects on business and working practices and society at large. Rather than focusing on specific management ideas, this volume explores their key socio-political contexts and channels of dissemination, and is organized around four core overlapping themes. The first section sets out the research field in general, in terms of both an overall system and of different perspectives and research methods. The second section explores the role of different actors and channels of diffusion, including the consumers and producers of management ideas and 'new' media, as well as traditional players in the management ideas field such as consultancies and business schools. The third section focuses on specific features or dynamics of the management ideas system, such as their adoption, evolution, institutionalisation, and resurgence, while in the final section, critical and new perspectives on management ideas are examined, highlighting specific socio-political contexts and the possibility of alternative ideas and forms of critique. With a broad range of perspectives represented, this Handbook provides a comprehensive, authoritative, and enduring resource for those studying management, innovation, and organizational change, as well as for those working in the management ideas industry.