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.

Managing the Football World Cup explores areas often overlooked by project management and business studies researchers. Therefore considering the global impact of the Football World Cup it is time for a detailed examination of the planning, organization, management, implementation and related commercial features of this mega-sport event.

Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods presents the concepts and details of applications of MADM methods. A range of methods are covered including Analytic Hierarchy Process (AHP), Technique for Order Preference by Similarity to Ideal Solution (TOPSIS), VIsekriterijumsko KOmpromisno Rangiranje (VIKOR), Data Envelopment Analysis (DEA), Preference Ranking METHod for Enrichment Evaluations (PROMETHEE), ELimination Et Choix Traduisant la Realite (ELECTRE), COmplex PRoportional ASsessment (COPRAS), Grey Relational Analysis (GRA), UTility Additive (UTA), and Ordered Weighted Averaging (OWA). The existing MADM methods are improved upon and three novel multiple attribute decision making methods for solving the decision making problems of the manufacturing environment are proposed. The concept of integrated weights is introduced in the proposed subjective and objective integrated weights (SOIW) method and the weighted Euclidean distance based approach (WEDBA) to consider both the decision maker's subjective preferences as well as the distribution of the attributes data of the decision matrix. These methods, which use fuzzy logic to convert the qualitative attributes into the quantitative attributes, are supported by various real-world application examples. Also, computer codes for AHP, TOPSIS, DEA, PROMETHEE, ELECTRE, COPRAS, and SOIW methods are included. This comprehensive coverage makes Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods a key reference for the designers, manufacturing engineers, practitioners, managers, institutes involved in both design and manufacturing related projects. It is also an ideal study resource for applied research workers, academicians, and students in mechanical and industrial engineering.

"Inside the Multi-Generational Family Business" is an inside look at how familial relationships affect the success or the failure of the family business. Many family business owners encounter conflict between siblings, children, and other relatives--especially when they're all involved with the business. The author's message is simple: family businesses today are saddled with "generational stack-up," or the convergence of several generations as owners, managers, employees, and shareholders, often without even knowing it. Each generation has its own work style, biases, and approach to money and business. Through detailed analysis of the various generations and the characteristics that define them in the family business, a more comprehensive understanding of the dynamics of the family in the family business can move the multi-generational family business from chaos and conflict to true collaboration and improved performance.

Today's workplace demands skills for a knowledgeable, productive use of information. Success, both personal and organizational, comes from finding what is essential and optimizing its effectiveness. Goad teaches readers how to swim in a potentially overwhelming sea of data. Information literacy--the ability to recognize the need for information, to locate, access, select, and apply it--was once an academic matter. Nowadays, this critical array of skills concerns anyone working in a knowledge-based environment.

This easy-to-read, lucid guide attends to basic skills, thinking and decision-making, creativity enhancement, innovation and risk taking, computer literacy, subject matter literacy, learning how to learn, and securement of on-the-job help. As a special bonus, Goad discusses an unusual but highly relevant topic: how do we place work into the framework of our lives, and how can information literacy help? Both public and private sectors will find this an important resource for people at all organizational levels, making it a must have for anyone whose world is built on information.

The broad field of managerial and organizational cognition (MOC) has diversified over the years. Where early studies of MOC focused on theories of rational conscious thought, illustrated for example by schema theory, over the years we have seen explorations of unconscious processing, heuristics and cognitive biases, along with emotions, identity, and the 'darker' sides of cognition. Thinking About Cognition takes stock by reflecting on the frontiers of the field and addressing the future beyond our current state-of-the-art. The result is a collection of papers reflects emerging research in the field of cognition and considers developments in mindfulness, networked societies, neuropsychology, identity theory, team cognition, decision making, distant futures, cultural and ethnic backgrounds, change, and agency. This fifth anniversary volume of New Horizons in Managerial and Organizational Cognition comprises of a collection of contributions that discuss frontiers of MOC research, address the challenges we face, inspire other scholars, and provide guidance on how to proceed.

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.

A step-by-step guide for developing an operational plan that identifies specific results to be achieved within a set period of time, and for implementing and assessing every phase of the plan. Offers a simple, logical approach that can be adapted to any size or type of business.

An Innovative, Tool-Based Process for Creating More Rational, Creative, and Mutually Beneficial Deal Structures and Valuations

Real Options Analysis (ROA) and Monte Carlo Analysis (MCA) are two of today’s most significant tools in the valuation and negotiation of high-potential-value, high-ambiguity deals. Dealmaking Using Real Options and Monte Carlo Analysis outlines a new approach for creating flexible, practical valuation models by combining ROA and MCA into one innovative and proven successful process.

This results-based book takes you beyond uneven, rule-of-thumb negotiation tactics and strategies to discuss how you can:

• Accurately evaluate the potential costs of going forward with–or scuttling–a business project
• Ensure that both sides in every negotiation work from similar valuation terms and processes
• Develop and implement efficient strategies for bringing negotiations to closure

In preparing for any business negotiation, the goal is to identify opportunity and characterize risk; during the actual negotiation, the goal is to capture value while arriving at terms that are favorable to everyone. Dealmaking Using Real Options and Monte Carlo Analysis introduces a process for achieving both goals, by focusing on practical tools and procedures that take into account the full range of opportunities–and lead all sides to the identification and selection of optimal choices.

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.

The corporate university is a whole-organisation endeavour for today, tomorrow and for the future, raising questions about the size and shape of your business and where you aim to reach. This book introduces you to the major areas of corporate university performance and value management, examining the evolution of the corporate university alongside emergent business challenges. It provides the pieces of a large jigsaw puzzle for you to assemble using the key disciplines and skills within your organisation. Change is an integral part of business life, and it can seriously affect your company's value. Gaining a good understanding of how all business processes add value to your company is vital. The aim of this book is to help you to access new ways to create a widespread culture of people and organisational development. You will discover effective management practices that will help you and your colleagues to become the leading agents of continuous change and development in all parts of your organisation. With the help of the corporate university model, your company can develop business solutions to resolve the challenges ahead in a changing world.

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.