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Books > Business & Economics > Business & management > Management & management techniques > Management decision making
Since its birth in the late 1970s, the business recovery industry has continued to broaden, moving from original batch application processing on mainframes to include recovery for telecommunications connectivity, distributed processing on mid-range systems, and most recently, network and work area recovery. Whenever accidents, disasters and natural events interrupt business activities, one thing is certain: businesses lose money. How much money often depends on how prepared companies are for dealing with business interruptions. A Primer for Disaster Recovery Planning in an IT Environment is intended to help businesses plan for an occurrence that could mean a business stoppage. It helps you evaluate your business in terms of vulnerability to disaster and guides you through the process of creating a disaster recovery plan.
There is an immense amount of information to be considered when attempting to solve complex strategic problems. To recognize the complexity of this process, the creation of tools and techniques are essential to aid decision makers in developing a rational model for strategy evaluation. Management Theories and Strategic Practices for Decision Making brings together a collection of research aiming to provide communication for the management of new methodologies to solve strategic problems and applying decision making approaches. This reference is useful for government agencies, practicing managers, academic and research institutions interested in bringing together strategic decision-making and decision sciences.
Behavioral strategy continues to attract increasing research interest within the broader field of strategic management. Research in behavioral strategy has clear scope for development in tandem with such traditional streams of strategy research that involve economics, markets, resources, and technology. The key roles of psychology, organizational behavior, and behavioral decision making in the theory and practice of strategy have yet to be comprehensively grasped. Given that strategic thinking and strategic decision making are importantly concerned with human cognition, human decisions, and human behavior, it makes eminent sense to bring some balance in the strategy field by complementing the extant emphasis on the "objective' economics-based view with substantive attention to the "subjective" individual-oriented perspective. This calls for more focused inquiries into the role and nature of the individual strategy actors, and their cognitions and behaviors, in the strategy research enterprise. For the purposes of this book series, behavioral strategy would be broadly construed as covering all aspects of the role of the strategy maker in the entire strategy field. The scholarship relating to behavioral strategy is widely believed to be dispersed in diverse literatures. These existing contributions that relate to behavioral strategy within the overall field of strategy has been known and perhaps valued by most scholars all along, but were not adequately appreciated or brought together as a coherent sub-field or as a distinct perspective of strategy. This book series on Research in Behavioral Strategyi will cover the essential progress made thus far in this admittedly fragmented literature and elaborate upon fruitful streams of scholarship. More importantly, the book series will focus on providing a robust and comprehensive forum for the growing scholarship in behavioral strategy. In particular, the volumes in the series will cover new views of interdisciplinary theoretical frameworks and models (dealing with all behavioral aspects), significant practical problems of strategy formulation, implementation, and evaluation, and emerging areas of inquiry. The series will also include comprehensive empirical studies of selected segments of business, economic, industrial, government, and non-profit activities with potential for wider application of behavioral strategy. Through the ongoing release of focused topical titles, this book series will seek to disseminate theoretical insights and practical management information that will enable interested professionals to gain a rigorous and comprehensive understanding of the subject of behavioral strategy. Decision Making in Behavioral Strategy contains contributions by leading scholars in the field of behavioral strategy research. The 10 chapters in this volume cover a number of significant issues relating to the decision making processes, practices, and perspectives in the field of behavioral strategy, covering diverse topics such as failures in acquisitions, entrepreneurs under ambiguity, metacognition, neural correlates of emotion, knowledge flows, behavioral responses, business modeling, and alliance capability. The chapters include empirical as well as conceptual treatments of the selected topics, and collectively present a wide-ranging review of the noteworthy research perspectives on decision making in behavioral strategy.
Want to take your company to the next level? You need a roadmap, a strategy. Preferably one that is simple, workable and saleable. This book provides you with just that. It sets out a straightforward strategy development process, the ‘Strategy Pyramid’, and guides you through it. It uses a lively central case study throughout, as well as drawing on examples of how real businesses have developed winning strategies. Whether you are intent on growing your business, or setting out on your start-up, this book offers an uncomplicated, practical and readable guide on how to get the strategy you need for your business to succeed. It offers sound advice on the following areas: - Setting goals and objectives - Forecasting market demands - Gauging industry competition - Tracking competitive advantage - Targeting the strategic gap - Bridging the gap with business strategy - Bridging the gap with corporate strategy - Addressing risk and opportunity The FT Essential Guide to Developing a Business Strategy will help businesses of all sizes to chart and realise their growth ambitions.
Causal Mapping for Research in Information Technology provides an introduction to causal mapping for IS researchers and practitioners and goes further to provide IS researchers and practitioners everything they need to use causal mapping for both research and application.
Forecasting is one of the most important activities that form the basis for strategic, tactical, and operational decisions in all business organizations. Recently, neural networks have emerged as an important tool for business forecasting. There are considerable interests and applications in forecasting using neural networks. Neural Networks in Business Forecasting provides for researchers and practitioners some recent advances in applying neural networks to business forecasting. A number of case studies demonstrating the innovative or successful applications of neural networks to many areas of business as well as methods to improve neural network forecasting performance are presented.
What do you do when you’re under pressure, overwhelmed, and ready to get what you really want? As one of the first female F-14 Tomcat fighter pilots in the US Navy, as well as a mom, wife, business consultant, Wall Street Journal bestselling author, and global speaker, author Carey Lohrenz knows that the stress we experience can be just as intense as the stress in the cockpit of a fighter jet going Mach 2. But she’s got a secret weapon to prevail: years of training to overcome the specific natures of uncertainty, stress, burnout, anxiety, and pressure. At our core, we know we’ve lost control. We’ve lost our grip on what we really want and who we really want to be. In order to solve the challenges of chaos and make our goals, dreams, and commitments a reality, we have to understand that in order to succeed when the pressure is on and to improve our performance overall, we’ve got to know what we can and cannot control. In Span of Control, Lohrenz walks us through the fundamentals of surviving and succeeding during times of crisis. Weaving together eye-opening science, gripping personal stories, insightful interviews, prescriptive advice, and a high-octane dose of encouragement and practicality, Span of Control helps leaders recognize how to focus on what matters most, formulate a plan for success, and communicate what’s possible.
A pioneering neuroscientist reveals how brain science can transform how we think about leadership, team-building, decision-making, innovation, marketing, and more. Leadership is a set of abilities with which a lucky few are born. They're the natural relationship builders, master negotiators and persuaders, and agile and strategic thinkers. The good news for the rest of us is that those abilities can be developed. In The Leader's Brain: Enhance Your Leadership, Build Stronger Teams, Make Better Decisions, and Inspire Greater Innovation with Neuroscience, Wharton Neuroscience Initiative director Michael Platt explains how. Over two decades as a professor and practitioner in neuroscience, psychology, and marketing, Platt's pioneering research has deepened our understanding of how key areas of the brain work-and how that understanding can be applied in business settings. Neuroscience is providing answers to many of leadership's most vexing challenges. In The Leader's Brain, Platt explains: Why two managers, when presented with the same set of information, make very different decisions;Why some companies (Apple) build strong social and emotional connections with their customers and others do not (Samsung); How some of the most significant events in sports history, like the "Miracle on Ice," contain insights for how to build a team; Why even some of the most visionary business leaders can make disastrous decisions, and how to fix that. The Leader's Brain relates findings like these, and many more, to help enhance leadership in an ever-shifting world entering a "new normal." In this fast-reading and engaging guide, you'll gain actionable insights you can put into practice as a leader. You will also learn what's going on in your team's brains when they are working in sync with one another, how you can tweak your message delivery to make sure others hear you, how to encourage greater creativity and innovation, and much more.
Strategic Alignment Process and Decision Support Systems: Theory and Case Studies presents a visualization of the nature, scope, objectives and difficulties of the overall decision making process. This book focuses on the discussion and solution of strategic decision making processes in a way that gives assistance and insight to readers in this important area of business administration. Covering important topics such as new economy, e-business, project maturity and knowledge data discovery, this book also provides educational material, including many exercises and cases for undergraduate, graduate or MBA students.
Since the 2008 financial crisis, existing methods of executive leadership have experienced in-depth scrutiny beyond their control. In reference to Patrick Lencioni, to understand teams is to comprehend an "inattention to results, an avoidance of accountability, and a lack of commitment." Executive leaders have been operating through silent, lucrative and confidential team dynamics that are difficult to access, and subsequently difficult to challenge and understand. Dr Katsarou-Makin explores the team-to-trust and trust-to-team relations between executives and their associates - pertaining to the familial relations between these members and their unconventional codes of conduct. Under this umbrella of governance, directors, leaders and corporate gatekeepers operate in teams that are selected and trusted through unorthodox relations which must now come to light. Upon entry, Maria seeks to explore how these teams operate through a collective consensus of trust, the values this trust demands, the actions it produces and the failures it can cause.
This is a practical guide to evaluating and addressing the challenges of a distressed business - whether due to being overleveraged, poorly managed, or is underperforming. The authors provide practical advice, based on their involvement collectively in more than 150 financially stressed businesses, on how to maximize the value of a troubled business.
""There are never any shortcuts to success, but it is possible to follow the paths of those who have blazed a trail in their own fields of endeavor. Jan has created great success in the area of entrepreneurship. If you wish to become an entrepreneur, you will find much in the pages of Jan's "Go Start Something" that will guide you to success. However, anyone can benefit from these 18 chapters of experience and learn from the examples Jan describes. I believe the stories of succeeding against great odds, sacrificing personal comfort to put everything into your business, living according to your vision, putting in a full day's work day in and day out, and enjoying your life every moment can provide great inspiration. One of the most powerful forces in the world is the will of men and women who believe in themselves, who dare to hope and aim high, who go confidently after the things they want from life. Jan went after his dream and accomplished it, you can also achieve great success if you follow his Rules for Entrepreneurship. Go Start Something."" PROFESSOR JIM GIBBONS, PHD, Northwood University
Decision making tools are essential for the successful outcome of any organization. Recent advances in predictive analytics have aided in identifying particular points of leverage where critical decisions can be made. Emerging Methods in Predictive Analytics: Risk Management and Decision Making provides an interdisciplinary approach to predictive analytics; bringing together the fields of business, statistics, and information technology for effective decision making. Managers, business professionals, and decision makers in diverse fields will find the applications and cases presented in this text essential in providing new avenues for risk assessment, management, and predicting the future outcomes of their decisions.
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