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Books > Business & Economics > Business & management > Management & management techniques > Management decision making > General
Under intense scrutiny for the last few decades, Multiple Objective Decision Making (MODM) has been useful for dealing with the multiple-criteria decisions and planning problems associated with many important applications in fields including management science, engineering design, and transportation. Rough set theory has also proved to be an effective mathematical tool to counter the vague description of objects in fields such as artificial intelligence, expert systems, civil engineering, medical data analysis, data mining, pattern recognition, and decision theory. Rough Multiple Objective Decision Making is perhaps the first book to combine state-of-the-art application of rough set theory, rough approximation techniques, and MODM. It illustrates traditional techniques-and some that employ simulation-based intelligent algorithms-to solve a wide range of realistic problems. Application of rough theory can remedy two types of uncertainty (randomness and fuzziness) which present significant drawbacks to existing decision-making methods, so the authors illustrate the use of rough sets to approximate the feasible set, and they explore use of rough intervals to demonstrate relative coefficients and parameters involved in bi-level MODM. The book reviews relevant literature and introduces models for both random and fuzzy rough MODM, applying proposed models and algorithms to problem solutions. Given the broad range of uses for decision making, the authors offer background and guidance for rough approximation to real-world problems, with case studies that focus on engineering applications, including construction site layout planning, water resource allocation, and resource-constrained project scheduling. The text presents a general framework of rough MODM, including basic theory, models, and algorithms, as well as a proposed methodological system and discussion of future research.
In the last few years, competition has become increasingly more complex, variable and dynamic, as can be seen in phenomena like globalization and technological acceleration. To cope with the dynamism and uncertainty of competition, enterprises need capabilities that enable them to respond to competition, as well as to improve their analytical skills and knowledge in order to better manage new strategic projects. Strategic analysis uses both quantitative and qualitative tools to understand both competitive contexts and available company resources. In Strategic Analysis: Processes and Tools, author Andrea Beretta Zanoni develops a theory of strategic analysis and offers models for the application of strategic analysis tools during all phases of the process including planning and decision-making, the development of control, and the formulation of a strategic diagnosis.
People are happiest and most productive if they can choose what they work on and who they work with. Self-selecting teams give people that choice. Build well-designed and efficient teams to get the most out of your organization, with step-by-step instructions on how to set up teams quickly and efficiently. You'll create a process that works for you, whether you need to form teams from scratch, improve the design of existing teams, or are on the verge of a big team re-shuffle. Discover how New Zealand's biggest e-commerce company completely restructured their business through Self-Selection. In the process, find out how to create high-performing groups by letting people self-organize into small, cross-functional teams. Step-by-step guides, easy-to-follow diagrams, practical examples, checklists, and tools will enable you to run a Self-Selection process within your organization.If you're a manager who wants to structure your organization into small teams, you'll discover why Self-Selection is the fastest and safest way to do so. You'll prepare for and organize a Self-Selection event and make sure your Self-Selection participants and fellow managers are on board and ready.If you're a team member, you'll discover what it feels like to be part of a Self-Selection process and what the consequences are for your daily work. You'll learn how to influence your colleagues and bosses to be open to the idea of Self-Selection. You'll provide your manager with a plan for how to facilitate a Self-Selection event, and with evidence that the system works.If you're feeling the pain and chaos of adding new people to your organization, or just want to ensure that your teams have the right people with the right skills, Self-Selection will help you create the effective teams you need.
Praise for The PSYCHOLOGY of RISK "The Psychology of Risk is equally vital for everyone from the day trader to short-term online trader to long-term investor. A clear, enjoyable insight into what makes trading success." "Once again Dr. Kiev delivers a book that should be read cover to cover and kept as a reference. The Psychology of Risk explores the elements of risk taking as they relate to the human psyche." "In 2000 and 2001, benchmark U.S. equity indices experienced the worst two-year performance since the bear market of 1973—74. Among the winners in this tumultuous market environment were those that invested with short time horizons rather than those that utilized a rigid buy-and-hold ‘one decision’ philosophy. Against this backdrop, Kiev, in his familiar pull-no-punches style, delivers an insightful, timely, and pragmatic thesis that focuses on the inner game of trading: psychology, discipline, and the holy grail–timing. A captivating read for those in search of a performance edge." "Ari has proven himself to be a keen coach of world-class traders. The Psychology of Risk is a great read for those looking to better understand what it takes to put oneself at risk in the market." "Ari Kiev has done it again. One of Wall Street’s preeminent trading coaches, he explores some useful principles of risk taking which will help traders to take their game to the next level."
This introduction to the field of hyper-heuristics presents the required foundations and tools and illustrates some of their applications. The authors organized the 13 chapters into three parts. The first, hyper-heuristic fundamentals and theory, provides an overview of selection constructive, selection perturbative, generation constructive and generation perturbative hyper-heuristics, and then a formal definition of hyper-heuristics. The chapters in the second part of the book examine applications of hyper-heuristics in vehicle routing, nurse rostering, packing and examination timetabling. The third part of the book presents advanced topics and then a summary of the field and future research directions. Finally the appendices offer details of the HyFlex framework and the EvoHyp toolkit, and then the definition, problem model and constraints for the most tested combinatorial optimization problems. The book will be of value to graduate students, researchers, and practitioners.
How do you decide the best course of action for your company to
take advantage of new opportunities? You must develop a business
case to explore multiple alternatives before making a
recommendation to support a particular option. This book shows you
how to use a business case to define an opportunity, identify and
analyze alternatives, and present your final recommendation to key
stakeholders. You'll learn to
Not a data expert? Here's an engaging and entertaining guide to interpreting and drawing insights from any chart, graph, or other data visualization you'll encounter. You're a business professional, not a data scientist. How do you make heads or tails of the data visualizations that come across your desk-let alone make critical business decisions based on the information they're designed to convey? In The Big Picture, top data visualization consultant Steve Wexler provides the tools for developing the graphical literacy you need to understand the data visualizations that are flooding your inbox-and put that data to use. Packed with the best four-color examples created in Excel, Tableau, Power BI, and Qlik, among others, this one-stop resource empowers you to extract the most important information from data visualizations quickly and accurately, act on key insights, solve problems, and make the right decisions for your organization every time.
Macrocognition Metrics and Scenarios: Design and Evaluation for Real-World Teams translates advances by scientific leaders in the relatively new area of macrocognition into a format that will support immediate use by members of the software testing and evaluation community for large-scale systems as well as trainers of real-world teams. Macrocognition is defined as how activity in real-world teams is adapted to the complex demands of a setting with high consequences for failure. The primary distinction between macrocognition and prior research is that the primary unit for measurement is a real-world team coordinating their activity, rather than individuals processing information, the predominant model for cognition for decades. This book provides an overview of the theoretical foundations of macrocognition, describes a set of exciting new macrocognitive metrics, and provides guidance on using the metrics in the context of different approaches to evaluation and measurement of real-world teams.
Thought leader John Adair provides the techniques and insights you need to find solutions, spark creativity and confidently make the right decisions. This 5th edition now features even more practical exercises, useful templates, and top tips to provide a clear framework that can generate ideas and inspire confidence in your team - so you can spot the solution in every problem, and create ideas to rival even the best strategists. The Creating Success series of books... Unlock vital skills, power up your performance and get ahead with the bestselling Creating Success series. Written by experts for new and aspiring managers and leaders, this million-selling collection of accessible and empowering guides will get you up to speed in no time. Packed with clever thinking, smart advice and the kind of winning techniques that really get results, you'll make fast progress, quickly reach your goals and create lasting success in your career.
Today there are more technology, technologists, knowledge and experts than at any time in human history; but from a global perspective, it is difficult to argue that this accumulation of knowledge and technology has put the world in an unambiguously better position than it was in the past. Business is not getting any easier to do and major corporate collapses based on poor decisions, poor conduct, and poor judgement continue to occur. In public administration too, basic institutions and services (education, health, transport) seem to be continually undergoing "crises" of inadequate delivery and excessive pressure. Wisdom and Management in the Knowledge Economy explains why unwise managerial practice can happen in a world characterized by an excess of information and knowledge. Drawing on Aristotle's idea of practical wisdom, the book develops a theory of social practice wisdom that addresses important social psychological and sociological dynamics that underpin wise management and organizations. As well as providing a detailed theory of social practice wisdom, this book considers practical issues in organizational communication, behavior, culture, change and knowledge as well as in HRM, leadership, ethics, strategy, international business, business education, and wisdom research. By introducing the notion of social practice wisdom, aspects of social structure, organizational culture, and organizational communication needed for wisdom to flourish are for the first time rendered visible in a way that opens new possibilities for wiser management, wiser organizations, and wisdom research.
Your biggest asset in leadership is you. How can you expect people to trust and believe in you, if you aren't truthful and don't embrace your whole self at work? There is a need for a new kind of leadership; one that bleeds personality and rings true to employees and customers alike who crave authenticity. You Lead argues that business leaders deliver superior results, communities of engagement both inside and outside of the company and true values-driven success when they are themselves and come across as genuine. Bestselling author, Minter Dial, shows readers how embracing your whole self at work encourages people to also be themselves, seek true fulfilment at work and merge the personal and professional to become true followers of what you stand for. You Lead is a call to arms to leaders to stop pretending to be who they are not, and play on their uniqueness and strengths, to allow people to do the same and develop a culture of authenticity and purpose. Learn how you can: - Be yourself, lead by example and merge the professional and personal - Stand for something and allow people to develop true purpose at work - Allow a community to flourish through the right kind of governance model - Radiate your purpose through employees and customers alike for long-term performance
This book provides a detailed examination of the complex negotiation processes surrounding intergovernmental conferences in the European Union. Since the Treaty of Amsterdam (1997) and its ?appendix?, the Treaty of Nice in 2002, any reform of the treaty framework of the European Union seems to be doomed to fail, evidenced by the decline of the Constitutional Treaty and by the current fate of the Lisbon treaty. By presenting an extensive quantitative study of the Intergovernmental Conference of 1996/7 prior to the Treaty of Amsterdam, the authors argue that these negotiations reveal the major challenges of European integration. Drawing on advanced statistical methods, they contend that multi-level negotiations require an appropriate coordination of informal administrative networks and the empowerment of administrative leadership, with these factors significantly shaping the dynamics and outcomes of negotiations. Through these findings, this book lays down the foundation for future evidence-based evaluations of negotiations and implementation studies, and delivers new insights on decision-making within the European Union. European Union Intergovernmental Conferences will be of interest to students and researchers of political science, sociology, administrative science, business and management studies, international law and European law.
The phenomenon of entrepreneurship has attracted researchers from a variety of disciplines and a diverse number of analytical approaches. Currently, there is a considerable amount of confusion and a variety of conflicting theories which are being used interchangeably and ambiguously. In this important new book, the authors argue that there are analytically distinct forms of entrepreneurship, each of them having an individual logic of their own. They highlight the role of individual economic agents with endowments of new knowledge or new combinations of old knowledge as entrepreneurs, and thus identify them as dynamic factors in the knowledge economy. Overall, this book not only provides a contemporary overview of current research in the field, but also summarizes the policy conclusions that can be drawn from current research.
Many of the complex problems faced by decision makers involve uncertainty as well as multiple conflicting objectives. This book provides a complete understanding of the types of objective functions that should be used in multiattribute decision making. By using tools such as preference, value, and utility functions, readers will learn state-of-the-art methods to analyze prospects to guide decision making and will develop a process that guarantees a defensible analysis to rationalize choices. Summarizing and distilling classical techniques and providing extensive coverage of recent advances in the field, the author offers practical guidance on how to make good decisions in the face of uncertainty. This text will appeal to graduate students and practitioners alike in systems engineering, operations research, business, management, government, climate change, energy, and healthcare.
The Oxford Handbook of Organizational Decision Making comprehensively surveys theory and research on organizational decision-making, broadly conceived. Emphasizing psychological perspectives, while encompassing the insights of economics, political science, and sociology, it provides coverage at the individual, group, organizational, and inter-organizational levels of analysis. In-depth case studies illustrate the practical implications of the work surveyed. Each chapter is authored by one or more leading scholars, thus ensuring that this Handbook is an authoritative reference work for academics, researchers, advanced students, and reflective practitioners concerned with decision-making in the areas of Management, Psychology, and HRM. Contributors: Eric Abrahamson, Julia Balogun, Michael L. Barnett, Philippe Baumard, Nicole Bourque, Laure Cabantous, Prithviraj Chattopadhyay, Kevin Daniels, Jerker Denrell, Vinit M. Desai, Giovanni Dosi, Roger L.M. Dunbar, Stephen M. Fiore, Mark A. Fuller, Michael Shayne Gary, Elizabeth George, Jean-Pascal Gond, Paul Goodwin, Terri L. Griffith, Mark P. Healey, Gerard P. Hodgkinson, Gerry Johnson, Michael Johnson-Cramer, Alfred Kieser, Ann Langley, Eleanor T. Lewis, Dan Lovallo, Rebecca Lyons, Peter M. Madsen, A. John Maule, John M. Mezias, Nigel Nicholson, Gregory B. Northcraft, David Oliver, Annie Pye, Karlene H. Roberts, Jacques Rojot, Michael A. Rosen, Isabelle Royer, Eugene Sadler-Smith, Eduardo Salas, Kristyn A. Scott, Zur Shapira, Carolyne Smart, Gerald F. Smith, Emma Soane, Paul R. Sparrow, William H. Starbuck, Matt Statler, Kathleen M. Sutcliffe, Michal Tamuz, Teri Jane Ursacki-Bryant, Ilan Vertinsky, Benedicte Vidaillet, Jane Webster, Karl E. Weick, Benjamin Wellstein, George Wright, Kuo Frank Yu, and David Zweig.
Tavistock Press was established as a co-operative venture between
the Tavistock Institute and Routledge & Kegan Paul (RKP) in the
1950s to produce a series of major contributions across the social
sciences.
This book examines discourses of knowledge and innovation in post-industrial societies and knowledge-based organizations. The author investigates the value of knowledge and the question of innovation management in a fully commercial environment for a technology company. In contrast with most of the mainstream approaches to knowledge and innovation management this volume chooses as its starting point a critical examination of these assumptions before proceeding with further suggestions on how to manage knowledge. Using brand new empirical research, the author argues for the significance of addressing the political games and power struggles enacted in managing innovation processes, which result from the opportunity certain groups seek to acquire or extend their control over valuable resources. Again, in contrast to mainstream approaches that reduce power to the ability of individuals to negotiate in order to promote their ideas, the analysis adopts an extended view on power, and seeks to reveal the ambiguities and challenges of innovation management. This work will be of most interest to researchers and students of knowledge and innovation management, namely postgraduates and second degree students, as well as managers in knowledge-based organisations.
This best selling management book is a true classic. If you want to be a model manager, keep this new, even better 3rd edition close at hand. Key Management Models has the winning combination of brevity and clarity, giving you short, practical overviews of the top classic and cutting edge management models in an easy-to-use, ready reference format. Whether you want to remind yourself about models you've already come across, or want to find new ones, you'll find yourself referring back to it again and again. It's the essential guide to all the management models you'll ever need to know about. Includes the classic and essential management models from the previous 2 editions. Thoroughly updated to include cutting edge new models. Two-colour illustrations and case studies throughout.
"What should I do?," "How should I deal with this?," "How should I behave?," "How should I act?" we ask ourselves daily. But, this is only the first part of the sentence, while the full sentence is "What should I do ... to achieve such and such?," for example to complete an assigned task, to do well before my boss or a client, to be pleased with myself, to carry out my plans, to make money in the stock market, to pass an exam, to complete an application, etc. These and similar questions that people ask, consciously or not, openly or not, are decisions. What skills must we master, especially when there is a need to make not only elementary decisions, but also decisions that affect the existence, health, and even lives of people? First, Laszlo Zsolnai writes that we should acquire the skill of gaining knowledge. Only then will we stand a chance of reacting to things that are improbable today, but could become a fact tomorrow. Also essential is the skill of designing, i.e., preparing actions conceptually in order to make decisions before irreversible changes occur. Finally, it is essential to master the skill of multidimensional judgment within the space defined by effectiveness, efficiency, and ethics. This is Zsolnai's attempt to build a model of making ethical decisions both effectively and efficiently. Therefore, the model is much broader than purely an analytical framework would be. It must tell us how to act rather than limit us to reflection on actions already performed; it must combine decision and praxiological analysis of human conduct. The proposed model enlarges the scope of the debate and suggests new avenues of both rational and responsible decision making. This is an original statement of the crossover of policy and morality.
In order to ensure environmentally responsible production and disposal of products, local governments are imposing stricter environmental regulations, some of which even require manufacturers to take back their products at the end of the product's useful life. These government regulations, together with increasing environmental awareness, have forced manufacturers to invest in environment-conscious manufacturing. The multiple Criteria Decision Making Techniques presented in this book can be employed to solve the problems of environment-conscious manufacturers in product design, logistics, disassembly and remanufacturing.
Presenting: Problem Solving Sans Statistics Enhance your problem-solving skills, and improve your company's profitability using the methods outlined in Solving Complex Industrial Problems without Statistics. Introducing a process that involves working through problems and solutions without relying on complicated statistical design or analysis, this book pulls away from data-driven thinking and provides the problem solver with a new way of solving problems. Utilizing techniques that have been applied in facilities throughout the U.S., Canada, Italy, China, and Hong Kong, it demonstrates the use of process and problem differences and similarities, and provides a better understanding of analogous comparisons. The book incorporates visual analysis tools and problem examples in a format that facilitates comprehension and learning, presents novel concepts that do not require numbers or statistics, and provides a better understanding of the solution system/process overall. Each chapter presents new information, as well as case studies that include: Different problem situations Short histories detailing the operation, condition, and circumstances that were present at the time of each study Photographs, sketches, or tables with simple explanations to describe the circumstances, conditions, and the actions taken Methods of solution in rudimentary form Chapter summaries to review important mechanisms and workings Final summaries to tie together the important methods and techniques that facilitate easy problem solutions Solving Complex Industrial Problems without Statistics provides valuable insight into the solution of complex quality and manufacturing problems, without the use of statistics, and is essential to anyone involved in quality, control, problem-solving activities, or total quality management.
This volume is a sequel to Information Management: The Strategic Dimension (OUP, 1988), a book which was well received by managers and academics alike. The purpose of this book is to take an informed, dispassionate and constructive look, based on research, at the challenges of IT and to offer insight, analysis and guidance on the ever changing IT environment, focusing in particular on managerial and organizational issues. These include centralization versus decentralization, relations between users and specialists, managing the IS function, outsourcing versus internal capabilities, project management and systems implementation, and an assessment of Business Process Re-engineering at both the conceptual and empirical level. The book provides an authoritative overview and helpful diagnosis of current information management challenges by some of the leading information systems researchers in Europe and the USA. The volume will be essential reading for IT researchers, management consultants and senior IT professionals.
The technological age has seen a range of catastrophic and preventable failures, often as a result of decisions that did not appropriately consider safety as a factor in design and engineering. Through more than a dozen practical examples from the author 's experience in nuclear power, aerospace, and other potentially hazardous facilities, Choosing Safety is the first book to bring together probabilistic risk assessment and decision analysis using real case studies. For managers, project leaders, engineers, scientists, and interested students, Michael V. Frank focuses on methods for making logical decisions about complex engineered systems and products in which safety is a key factor in design - and where failure can cause great harm, injury, or death.
Modern organizations must constantly adapt to survive in today's rapidly changing environment. A stagnant organization that cannot innovate to meet evolving conditions will eventually find itself no longer competitive in an increasingly complex and technologically sophisticated economy. Innovation and Knowledge Management focuses on three issues critical to success: knowledge management, innovation, and consortia. The author examines the interplay of these factors during a critical four-year period in the operation of the Cancer Information Service (CIS) - a knowledge management organization charged with delivering up-to-date, authoritative information to the public. The forerunner of many other knowledge delivery organizations, CIS was under pressure not only to distribute knowledge but to generate it. A consortium was formed between practitioners within CIS and researchers outside it to explore various innovative intervention strategies. The intersection of knowledge management, innovation and consortial arrangements at CIS provides a unique opportunity to examine no less than the future of organizations. This distinctive study will be of great interest to scholars, students, practitioners and policymakers in the fields of health, communications, knowledge management, information science and management. |
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