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Books > Business & Economics > Business & management > Management & management techniques > Management decision making
This volume contains a selection of papers presented at the Symposium on Operations Research 2000 (OR 2000) held at the Dresden University of Technology, September 9-12, 2000. This international Symposium was organized by the German Operations Research Society GOR in the series of its annual conferences. The Symposium had 354 participants from IS countries around the world. The 210 lectures reflected the broad spectrum of Operations Research and its interdisciplinarity, involving economics, mathematics and computer science. The volume is arranged in 14 Sections, like the conference, and a special section with the papers of the winners of the GOR Diploma Thesis award. The 86 papers have been selected by the chairpersons of the sections and the editors. Compared to previous conferences, the number of sections has been reduced by combining some overlapping sections: The former sections for linear and nonlinear programming are now contained in the 'Continuous Optimization' Section, the graph theory has been included in the 'Discrete and Combinatorial Optimization' Section. The traditional application fields are growing together in the scope of the current 'Supply Chain Management' thinking. This is considered in a corresponding section. Its high number of papers at the conference and in this volume underlines the importance of Operations Research for this modem management concept. For the first time, the conference included a section on 'Didactics of Operations Research', which found a great echo and is represented by four papers in this volume.
That's what every business wants to be. And that's why the U.S. Marines excel in every mission American throws at them, no matter how tough the odds. In Corps Business, journalist David H. Freeman identifies the Marine's simple but devastatingly effective principles for managing people and resources -- and ultimately winning. Freedman discusses such techniques as "the rule of three," "managing by end state," and the "70% solution," to show how they can be applied to business solutions.
This book seeks to explain why the changes produced by the new managerialism have been more radical in some countries than in others. Saint-Martin shows that the reception given by states to managerialist ideas depends on the openness of policy-making institutions to outside expert knowledge and on the organization, development, and social recognition of management consultancy.
Concentrations of pollutants in the atmosphere have increased dramatically over the last century and many of these changes are attributable to anthropogenic activities. The influence of acid rain has been well studied, but there has been no extensive exploration of other pollutants, such as toxic chemicals, heavy metals and radionuclides. Natural ecosystems, especially forests, tend to accumulate many of these pollutants which subsequently can affect ecosystem health. These contaminants may be very damaging to the environment in Eastern Europe, where the rapid disappearance of forest is the result not only of contamination but also of poor forest management practices. The current book is designed to reduce the uncertainty in our current knowledge of forest radioecology. The three topics it embraces are (a) Modelling, (b) Measurements and Data, and (c) Countermeasures and Risk Assessment.
Human health as well as aquatic and terrestrial ecosystems are threatened from increa sing levels of environmental radiation of various sources, many of them of anthropoge nic causality: large areas of the former Soviet Union suffer from radioactive pollution, in particular after the Chemobyl accident; the increase in the incidence of UVB radiati on at the Earth's surface as a result of a progressive depletion of stratospheric ozone is a global problem that requires international concerted actions; in areas of former uranium mining the natural radiation level is substantially increased due to elevated radon levels; a growing portion of the population involved in air traffic is exposed to increased levels of natural radiation; and with the International Space Station an increasing number of astronauts will be exposed to the complex field of cosmic radiation. To estimate the corresponding risks, a better knowledge of the underlying radiobiological mechanisms at the molecular, cellular and system level is required. This book is the result of a multidisciplinary effort to discuss the current state of knowledge of the fundamental processes that result from interactions of environmental radiation -ionizing as well as UV radiation -with living matter and the existing radiati on protection concepts, and then to define future research work needed as fundamental information for the assessment of risks from increased levels of environmental radiation to human health and ecosystem balance. It comprises the key lectures and statements presented at the NATO Advanced Research Workshop.
How did a pioneering company in the semiconductor industry not only survive but thrive in the face of the explosive change and upheavals that forced it to transform itself twice in the course of its thirty-year history? The answer lies in the quality of its strategy-making process, contends leading strategic management scholar Robert A. Burgelman in this extraordinary book based on an exhaustive twelve-year study he conducted inside Intel Corporation. At once a history of strategy-making at Intel as well as a strategy-making field manual that any high-technology manager will need to consult frequently, Strategy Is Destiny truly describes strategy-in-action as the way of life of senior executives in the corporation of the future.
Why is the Mona Lisa the most famous painting in the world? Why did
Facebook succeed when other social networking sites failed? Did the
surge in Iraq really lead to less violence? How much can CEO's
impact the performance of their companies? And does higher pay
incentivize people to work hard?
This volume contains selected papers that were presented at the International Conference COMPUTATIONAL FINANCE 1997 held at London Business School on December 15-17 1997. Formerly known as Neural Networks in the Capital Markets (NNCM), this series of meetings has emerged as a truly multi-disciplinary international conference and provided an international focus for innovative research on the application of a multiplicity of advanced decision technologies to many areas of financial engineering. It has drawn upon theoretical advances in financial economics and robust methodological developments in the statistical, econometric and computer sciences. To reflect its multi-disciplinary nature, the NNCM conference has adopted the new title COMPUTATIONAL FINANCE. The papers in this volume are organised in six parts. Market Dynamics and Risk, Trading and Arbitrage strategies, Volatility and Options, Term-Structure and Factor models, Corporate Distress Models and Advances on Methodology. This years' acceptance rate (38%) reflects both the increasing interest in the conference and the Programme Committee's efforts to improve the quality of the meeting year-on-year. I would like to thank the members of the programme committee for their efforts in refereeing the papers. I also would like to thank the members of the computational finance group at London Business School and particularly Neil Burgess, Peter Bolland, Yves Bentz, and Nevil Towers for organising the meeting.
Many organizations are embracing knowledge management as a source
of strategic advantage. But already people are asking: "what comes
next?" Likewise almost every large organization is heavily involved
in e-commerce and turning their organizations into e-businesses. At
the moment most e-commerce is focused on selling traditional
products and services through the new medium of the Internet.
However, the more an organization evolves into an e-business, the
more they can exploit knowledge flows between themselves and their
marketplace. This book draws together the two strands of knowledge
and e-business into the emerging field that this book has called
k-business. A k-business is one that turns an organization's
knowledge assets into knowledge products and services and uses the
Internet to market and deliver them online. Despite its newness,
the Delphi Group have forecast that within 5 years person-to-person
information e-commerce (a major aspect of k-business) will be a $5
billion business leveraging $50 billion in sales of other products
and services.
What distinguishes great leaders? Exceptional leaders capture passion. They lead for real: from the heart, smart and focused on the future, and with a commitment to being their very best. As Annie McKee and Richard Boyatzis have shown in their bestselling books Primal Leadership and Resonant Leadership, they create resonance with others. Through resonance, leaders become attuned to the needs and dreams of people they lead. They create conditions where people can excel. They sustain their effectiveness through renewal. McKee, Boyatzis, and Frances Johnston share vivid, real-life stories illuminating how people can develop emotional intelligence, build resonance, and renew themselves. Reflecting twenty years of longitudinal research and practical wisdom with executives and leaders around the world, this new book is organized around a core of experience-tested exercises. These tools help you articulate your strengths and values, craft a plan for intentional change, and create resonance with others. Practical and inspiring, Becoming a Resonant Leader is your hands-on guide to developing emotional intelligence, renewing and sustaining yourself and your relationships, and taking your leadership to a whole new level. This book is ideal for anyone seeking personal and professional development and for consultants, coaches, teachers, and faculty to use with their clients or students.
The authors explain the ways in which uncertainty is an important factor in the problems of risk and policy analysis. This book outlines the source and nature of uncertainty, discusses techniques for obtaining and using expert judgment, and reviews a variety of simple and advanced methods for analyzing uncertainty. Powerful computer environments and good graphical techniques for displaying uncertainty are just two of the more advanced topics addressed in later chapters.
How do managers of a firm choose between alternative finan cial policies? Can the choice of a particular financial policy affect the value of the firm? Since the early 1960s, the debate on these questions has been lively and interesting as economists have inves tigated the effect on the value of the firm of relaxing the various assumptions in the celebrated Modigliani-Miller theory. Further more, even if we stick to the MM-assumptions (that is, we assume perfect and complete capital markets, no taxes and symmetric information), and we therefore know that only optimally chosen investments determine firm's value, another interesting question arises: How does the structure of ownership affect investment de cisions (and, in turn, values)? This research monograph attempts to analyze some of the issues involved in this debate. It belongs to the area of mathematical economics and is intended to appeal to mathematical economists as well as economists and mathemati cians. It is meant to deal with economically relevant problems in a mathematically adequate way. To decide whether or not it succeeds in this task, it is up to the reader. I am greatly indebted to Dr. Margaret Bray for her supervi sion of my PhD thesis in Economics at the London School of Eco nomics from which this book resulted. She helped me as friend and adviser through many struggles in the last three years and invested a great amount of work in this thesis."
This book helps readers develop a comprehensive understanding of diagnostics for strategic decision-making, with a focus on a method called rapid due diligence. This method presents a compelling solution to the need for effective diagnostics, drawing on academic rigor, critical thinking, systems dynamics, and advanced practicum to enable sound strategic decision-making. Guiding the reader through the six stages of the process from discovery, through analysis, synthesis, and interpretation, Thompsen engages all typical postgraduate disciplines in producing insights for practical application. Drawing on similarities with applied social science research, the rapid due diligence method is supported with scores of techniques, tools, instructions, guidelines, practical advice, and examples. Detailed cases and abbreviated examples of a variety of real strategic situations are provided from organizations operating in North America, Europe, Asia, India, and Australia. Ideal for graduate students, organizational leaders, and decision makers, this book is designed to invite deeper understanding and practical application of a strategic diagnostic process that discovers insights for achieving positive results.
This volume contains a collection of papers presented at the 13th Interna- tional Conference on MUltiple Criteria Decision Making held in Cape Town during 6--10 January 1997. This was one of the regular conferences of the International Society on Multiple Criteria Decision Making, which are held at approximately two-yearly intervals. The 13th conference was attended by 143 delegates from 35 countries, and 123 papers were presented. Some of the papers which were presented are included in another volume published by Springer, namely the "festschrift" for Professor Stanley Zionts of Buffalo, New York, entitled Essays in Decision rnaJcing: A Volume in Honour of Stan- ley Zionts (edited by Mark H Karwan, Jaap Spronk and Jyrki Wallenius). The present volume provides a record of the technical part of the pro- ceedings of the conference. In reflecting back on January 1997, however, memories return of the social occasions, and the camaraderie which devel- oped amongst the MCDM community. Early January, at the height of the southern summer, is carnival time in Cape Town, and the mood is infectious, and was enhanced amongst those from the northern hemisphere (the major- ity of delegates) who overnight went from winter'chills (as low as -30 C) to over 30 C.
Recent debate in both Europe and North America has focussed on how clinicians make judgments and decisions, how these may be evaluated and how they could be improved. This volume provides students, teachers and practitioners with a comprehensive introduction to the main descriptive and prescriptive approaches to judgment and decision making in clinical medicine. The contributors, who include psychologists, economists, decision theorists, statisticians, lawyers and sociologists, as well as medical specialists, provide examples of recent empirical research and its applications, as well as outlining the relevant concepts and theories. Policy-capturing models, data-based aids, expert ('knowledg-based') systems and decision analysis are the main techniques introduced, with attention to both their methodological bases and practical evaluation. Also included in the collection are a series of papers which consider the economic, ethical and legal contexts of clinical activity and the education and wider socialization of clinicians. Issues surrounding the 'cost-effective' use of resources, the obtaining of 'informed consent' from patients and ethical behaviour under uncertainty are highlighted.
Network optimization is important in the modeling of problems and processes from such fields as engineering, computer science, operations research, transportation, telecommunication, decision support systems, manufacturing, and airline scheduling. Recent advances in data structures, computer technology, and algorithm development have made it possible to solve classes of network optimization problems that until recently were intractable. The refereed papers in this volume reflect the interdisciplinary efforts of a large group of scientists from academia and industry to model and solve complicated large-scale network optimization problems.
Decision Analysis for Management Judgment is unique in its breadth of coverage of decision analysis methods. It covers both the psychological problems that are associated with unaided managerial decision making and the decision analysis methods designed to overcome them. It is presented and explained in a clear, straightforward manner without using mathematical notation. This latest edition has been fully revised and updated and includes a number of changes to reflect the latest developments in the field.
Our grasp of numbers and uncertainty is one of humankind's most distinctive and important traits. It is pivotal to our exceptional ability to control the world around us as we make short-term choices and forecast far into the future. But very smart people can struggle with numbers in ways that pose negative consequences for their decision making. Numeric ability equips individuals with vital tools that allow them to take charge of various aspects of their life. The more numerate enjoy superior health, wealth, and employment outcomes, while the innumerate remain more vulnerable. This book presents the logic, rules, and habits that highly numerate people use in decision making. Innumeracy in the Wild also introduces two additional ways of knowing numbers that complement and compensate for lower numeric ability and explores how numeric abilities develop and where mistakes are made. It offers a state-of-the-art review of the now sizeable body of psychological and applied findings that demonstrate the critical importance of numeracy in our world. With more than two decades of experience in the decision sciences, Ellen Peters demonstrates how intervention can foster adult numeric capacity, propel people to use numeric facts in decision making, and empower those with lower numeracy to reason better.
'A compelling guide for leaders grappling with the pandemic' Financial Times 'A remarkable book telling business leaders what to do when disaster strikes' The Times AN INSPIRING STORY OF RESILIENT LEADERSHIP IN THE TOUGHEST OF TIMES Louai Al Roumani was head of finance and planning at one of the largest banks in Syria, when the war broke out in 2011. In Lessons from a Warzone, Al Roumani shares his very personal account of coping with the day-to-day realities of leading an organization in dangerous and hostile conditions. His story shows how inspiration can come from the unlikeliest of places - from the timeless wisdom of merchants in ancient souks to the changing patterns of military checkpoints. During that time, not only did the bank remain robust when others faltered - it thrived and became the undisputed leading bank as people's trust in its capability to safeguard their life-long savings strengthened. In this book, Al Roumani distils the knowledge and skills he and his colleagues developed while steering the bank through four impossible years into ten lessons applicable to any leader facing a crisis today. His valuable, and often counterintuitive, advice - ranging from resisting over-planning to hacking your own IT department to cutting costs (but not morale) - will help anyone understand how to be resilient even in the most challenging of times.
The Agile Guide to Business Analysis and Planning presents clear,
actionable guidance for every product owner, product and program
manager, business analyst, requirements engineer, and project manager
seeking to improve agile analysis and planning. Renowned author and
consultant Howard Podeswa teaches best practices drawn from agile and
agile-adjacent frameworks, including ATDD, BDD, DevOps, CI/CD, Kanban,
Scrum, SAFe, XP, Lean Thinking, Lean Startup, Circumstance-Based Market
Segmentation, and theories of disruptive innovation. He offers a
comprehensive agile roadmap for analyzing customer needs and planning
product development, including discussion of legacy business analysis
tools that still offer immense value to agile teams.
Supported by 175+ tools, techniques, examples, diagrams, templates, checklists, and other job aids, this book is a complete toolkit for every practitioner. Whatever your role, you'll find indispensable guidance on agile planning and analysis responsibilities so you can help your organization respond more nimbly to a fast-changing environment.
Meta-heuristics have developed dramatically since their inception in the early 1980s. They have had widespread success in attacking a variety of practical and difficult combinatorial optimization problems. These families of approaches include, but are not limited to greedy random adaptive search procedures, genetic algorithms, problem-space search, neural networks, simulated annealing, tabu search, threshold algorithms, and their hybrids. They incorporate concepts based on biological evolution, intelligent problem solving, mathematical and physical sciences, nervous systems, and statistical mechanics. Since the 1980s, a great deal of effort has been invested in the field of combinatorial optimization theory in which heuristic algorithms have become an important area of research and applications. This volume is drawn from the first conference on Meta-Heuristics and contains 41 papers on the state-of-the-art in heuristic theory and applications. The book treats the following meta-heuristics and applications: Genetic Algorithms, Simulated Annealing, Tabu Search, Networks & Graphs, Scheduling and Control, TSP, and Vehicle Routing Problems. It represents research from the fields of Operations Research, Management Science, Artificial Intelligence and Computer Science.
Planning in a general sense is concerned with the design of communication and decision making mechanisms in organizations where information and choice are decentralized. Non-cooperative planning theory as it is developed in this book treats the incentive aspects hereof. It stresses how strategic behavior and opportunism may impede planning, and how this can be coped with via the organization of communication and decision making, the design of information and control systems, and the development of incentive schemes. In particular, the book contains a thorough investigation of incentive provision in information production. |
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