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Books > Business & Economics > Business & management > Management & management techniques > Management decision making
The medical domain is home to many critical challenges that stand
to be overcome with the use of data-driven clinical decision
support systems (CDSS), and there is a growing set of examples of
automated diagnosis, prognosis, drug design, and testing. However,
the current state of AI in medicine has been summarized as "high on
promise and relatively low on data and proof." If such problems can
be addressed, a data-driven approach will be very important to the
future of CDSSs as it simplifies the knowledge acquisition and
maintenance process, a process that is time-consuming and requires
considerable human effort. Diverse Perspectives and
State-of-the-Art Approaches to the Utilization of Data-Driven
Clinical Decision Support Systems critically reflects on the
challenges that data-driven CDSSs must address to become mainstream
healthcare systems rather than a small set of exemplars of what
might be possible. It further identifies evidence-based, successful
data-driven CDSSs. Covering topics such as automated planning,
diagnostic systems, and explainable artificial intelligence, this
premier reference source is an excellent resource for medical
professionals, healthcare administrators, IT managers, pharmacists,
students and faculty of higher education, librarians, researchers,
and academicians.
In today's competitive market, a manager must be able to look at
data, understand it, analyze it, and then interpret it to design a
smart business strategy. Big data is also a valuable source of
information on how customers interact with firms through various
mediums such as social media platforms, online reviews, and many
more. The applications and uses of business analytics are numerous
and must be further studied to ensure they are utilized
appropriately. Data-Driven Approaches for Effective Managerial
Decision Making investigates management concepts and applications
using data analytics and outlines future research directions. The
book also addresses contemporary advancements and innovations in
the field of management. Covering key topics such as big data,
business intelligence, and artificial intelligence, this reference
work is ideal for managers, business owners, industry
professionals, researchers, scholars, academicians, practitioners,
instructors, and students.
How and to what extent do decisions affect business performance?
Despite years of study by academic researchers and industry
practitioners, there still remains a need to draw a clear and
established connection between decision making and performance. By
closely examining consequential business decisions made by key
executives, this book offers a better understanding of business
performance and recommendations for improved business practices.
Through the use of case studies and interviews with business
leaders based on 17 theorized measures of performance, this
breakthrough study not only clarifies the impact of decisions on
business performance, but also defines and distinguishes decisions
that lead to successful and unsuccessful performance.
Recommendations are made to optimize decision making for businesses
of all sizes and projections about the future of decision making
and performance are provided. This book can be used both as a
reference source for academic researchers and students seeking
further research on the subject, and as a practical guide for
leaders and business professionals seeking advancement and better
decision making within the industry.
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.
Decision-making is an activity in which everyone is engaged on a
more or less daily basis. In this book, Karin Brunsson and Nils
Brunsson explore the intricacies of decision-making for individuals
and organizations. When, how and why do they make decisions? The
authors identify four distinct ways of reasoning that
decision-makers use. The consequences of decisions vary: some
promote action, others impede it, and some produce more
responsibility than others. With in-depth discussions of
rationality, justifications and hypocrisy, the authors show how
organizational and political decision processes become
over-complicated and difficult for both decision makers and
external observers to understand. Decisions is a concise and
easy-to-read introduction to a highly significant and intriguing
topic. Based on research from several fields, it provides useful
reading and essential knowledge for scholars and students
throughout the social sciences and for everyone who wants to
understand their own decisions and those of others.
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