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Books > Business & Economics > Business & management > Management & management techniques > Management decision making
Global Solutions for Teams is a strategy-packed resource essential for multinational organizations or any company that is considering going global. The book's cultural guidelines and case examples of leading multinational corporations demonstrate how cross-cultural teams can overcome a disjointed state of cultural collision...and progress to the more productive stages of coexistence and finally, collaboration. As workplace borders expand and the mobility of the workforce increases, new techniques are needed to manage transnational teams. Global Solutions for Teams shares these concepts, as well as the approaches that can position a company more competitively now - and well into the 21st century.
What causes one system to break down and another to rebound? Are we
merely subject to the whim of forces beyond our control? Or, in the
face of constant disruption, can we build better shock
absorbers--for ourselves, our communities, our economies, and for
the planet as a whole?
Volume 12, Advances in Business and Management Forecasting, is a blind refereed serial publication. It presents state-of-the-art studies in the application of forecasting methodologies to such areas as supply chain, health care, prospecting for donations from university alumni, and the use of clustering and regression in forecasting. The orientation of this volume is for business applications for both the researcher and the practitioner of forecasting. Volume 12 is divided into three sections: Forecasting Applications, Predictive Analytics and Time Series. An interdisciplinary group of experts explore wide-ranging topics including multi-criteria scoring models, detecting rare events, the assessment of control charts for intermittent data, and fuzzy time series models.
With intensified global competition, institutional changes and reduced communication costs the propensity of firms to reconfigure their global value chain and separate their activities across national boundaries has increased markedly. It enables firms to combine the benefits arising from specialization and increased flexibility with location advantages. Consequently, large parts of manufacturing and other more standardized activities have been offshored to emerging countries. However, recent developments are challenging this traditional separation between advanced and emerging economies as host of knowledge- and production-intensive activities, respectively. Recent research has emphasized the role of intra-organizational relationships and links among the different parts of the value chain. Innovative and productive activities are affected by strong interdependencies and complementarities, and for some companies the co-location of R&D and manufacturing is critical for development and innovation. This volume will interest scholars in International Business, Economic Geography, Operations and Supply Chain Management, International Economics, and Political Science.
This book targets the critical issue of decision making in uncertain conditions and situations. The aim is to increase readers' understanding of complexity and of socio-economic interactions through the application of systems thinking perspectives. Among the various areas and topics addressed are complexity and sustainable management, markets as complex adaptive systems, the impacts of psychological and emotional factors upon value co-creation exchanges, and ICT enablers of service network performance and service exchange fulfillment. Thanks to the chosen perspectives, all of which are based on different systems research streams, the book will support more consistent and robust decisions, leading to sustainable, wise, and viable systems dynamics. It will aid managers, practitioners, and consultants in their decision-making processes and will also be of interest for academics and scholars in management, systems, computer science, engineering, and marketing.
Problem solving tools to solve any business challenge. Using proven, innovative techniques from some major players in the business world, this is the go-to book for every professional who wants to find better answers to their business challenges.
This book provides essential insights into a range of newly developed numerical optimization techniques with a view to solving real-world problems. Many of these problems can be modeled as nonlinear optimization problems, but due to their complex nature, it is not always possible to solve them using conventional optimization theory. Accordingly, the book discusses the design and applications of non-conventional numerical optimization techniques, including the design of benchmark functions and the implementation of these techniques to solve real-world optimization problems. The book's twenty chapters examine various interesting research topics in this area, including: Pi fraction-based optimization of the Pantoja-Bretones-Martin (PBM) antenna benchmarks; benchmark function generators for single-objective robust optimization algorithms; convergence of gravitational search algorithms on linear and quadratic functions; and an algorithm for the multi-variant evolutionary synthesis of nonlinear models with real-valued chromosomes. Delivering on its promise to explore real-world scenarios, the book also addresses the seismic analysis of a multi-story building with optimized damper properties; the application of constrained spider monkey optimization to solve portfolio optimization problems; the effect of upper body motion on a bipedal robot's stability; an ant colony algorithm for routing alternate-fuel vehicles in multi-depot vehicle routing problems; enhanced fractal dimension-based feature extraction for thermal face recognition; and an artificial bee colony-based hyper-heuristic for the single machine order acceptance and scheduling problem. The book will benefit not only researchers, but also organizations active in such varied fields as Aerospace, Automotive, Biotechnology, Consumer Packaged Goods, Electronics, Finance, Business & Banking, Oil, Gas & Geosciences, and Pharma, to name a few.
"Operational Risk Management" offers peace of mind to business and government leaders who want their organizations to be ready for any contingency, no matter how extreme. This invaluable book is a preparatory resource for when times are good, and an emergency reference when times are bad. "Operational Risk Management" is destined to become every risk manager's ultimate weapon to help his or her organization survive ? no matter what.
"Public Private Partnership is a key issue in the construction industry - causing much concern among contractors, funders and facility managers. Demand has been building for a thorough analysis ... "This edited book will familiarise both researchers and construction professionals working with public private partnerships (PPP) with the issues involved in the planning, implementation and day-to-day management of public private projects. It will show how current risk management methods can help the complex process of managing procurement via such partnerships. The chapters - most authored by a practitioner/academic partnership - are organised round the concepts of best value and use the findings of a major research project investigating Risk Assessment and Management in Private Finance Initiative Projects. The analysis of this research will be supplemented with contributions by leading international experts from Hong Kong, Australia and Singapore, covering hospitals, schools, waste management and housing - to exemplify best practice in PPP-based procurement.
The author of this volume illustrates how decision-making in organizations has to go beyond economic criteria and the individual level, due to the impossibility of making decisions that do not affect other human beings. The book first reviews the conventional analyses of decision-making, including the classical analysis of uncertainty and the multiple criteria decision-making with qualitative aspects, that do not take into account explicitly how decisions affect other people. Following this, the author puts forward a model for analyzing decisions, which takes into consideration the effects on other people. Decision-Making in an Organizational Context highlights the consequences of organizational decision-making and suggests the principles of effectiveness, attractiveness and unity of the organization that should guide it. The volume finishes up by applying this framework of analysis to real-world situations.
This book examines the relationships among leadership, the quality of the management process and business results. Drawing from the pioneering contributions of Chester I. Barnard, this book defines the role and characteristics of an effective and efficient manager in the new knowledge economy. This book also examines the relevance of Barnard's work on modern studies in economics and business administration. Chester I. Barnard considered the company to be a complex socio-economic system, oriented towards general aims. A company's behavior is rational if its constituent elements and management models are planned, organized, guided and regulated in order to create and maintain a cooperative system that combines efficiency and effectiveness. In this book, the conceptual construction of Barnard's management theory is represented by a synthetic scheme in which the various components of the business process (including leadership) and their influences on the outcome variables of the company are linked as a system. This approach makes this book appealing to academics, scholars and professionals in business, management, administration and knowledge management.
Creating Knowledge Based Organizations brings together high quality concepts closely related to organizational learning, knowledge workers, intellectual capital, virtual teams and will include the methodologies, systems and approaches needed to create and manager knowledge-based organizations of the 21st Century.
Large western companies are accelerating their expansion into emerging economies, while relying on oversimplified frameworks to make decisions and complex matrix organizations to make things happen. When critical events do happen (such as terrorist attacks or civil wars), senior executives and the companies they lead are often taken by surprise. As the world shifts to a less stable geopolitical structure, only firms that can acquire a better capability to foresee and prepare for change will prevail over the long term. Strategy and Geopolitics provides a strategic framework that can help senior business executives address the challenges of globalization in this evolving geopolitical landscape. This book underlines the need to go beyond a simplistic understanding of different countries and territories: it discusses the geopolitical issues that can be the cause of success or failure in different markets; and it explores strategies for dealing with global and local complexity, as well as introducing innovative ideas on recruitment and organization.
Should we be doing--or trying to do--everything ourselves, or might it be better to contract some tasks out to others? Could they do them better and cheaper than we can? More and more state and local governments are asking these questions, and while there are many answers on the Federal level, these answers often don't apply lower down the line. Nevertheless, it is evident that contracting out is often the better strategy--but how best to go about it? What are the benefits and what are the hidden risks? Dr. O'Looney's book provides precisely the guidance that state and local managers need: first, how to decide to outsource a government service, then step-by-step how to proceed. Based on extensive interviews and other research, O'Looney takes managers through the intricacies of contract outsourcing and administration, but in doing so he makes clear that he appreciates the importance of government. His book is not an argument for privatization, as so many other books are; rather, it is an affirmation of government and the benefits of its many services. Readers will find theory and advice on the services that are most suitable for contracting out; a listing and review of the components of a high-quality analysis, including the analysis of often overlooked political, organizational, and functional aspects of government; advice on how to go from deciding to outsource to actually designing, implementing, and monitoring a contract in situations that could prove hazardous to the livelihoods of government workers. He also discusses the changes that need to be made in the organizational culture, management, and employee training as a result of the change to a contract-based system of providing services; the considerations in designing work specifications and other critical aspects of the government-vendor relationship, and how ideal contracting processes and ideal contracts can differ according to the nature of the service being contracted. The result is a thorough and highly practical volume for executives and managers in the public sector, and for those who hope to do business with them.
From medicine to education, evidence-based approaches aim to
evaluate and apply scientific evidence to a problem in order to
arrive at the best possible solution. Thus, using scientific
knowledge to inform the judgment of managers and the process of
decision-making in organizations, Evidence-based Management (EBMgt)
is the science-informed practice of management.
The study of management and organization has transitioned from approaches to deal with steady state management, to approaches that can cope with unknown or unknowable futures. The strategy field has has moved from business policy, through strategic planning, onto strategic management and now grapples with dynamic contexts as the new normal. In that trend the field has seen a broad movement in research interests in corporate and competitive strategies towards an emphasis on the manager's strategic role. Through this shift, strategy has moved from a concept of something organizations have towards something that managers do. This has happened while traditional boundaries of industries have become permeable and even melted away. Managers tasked with doing strategy have lost not just the certainty of a goal-oriented future, but also the certainty of understanding their current position. Decision-making tools have now moved from answer generators to scenario builders. When decisions can rely less on evidence and certainty, it is managers that take up the slack and fill the void. This book focuses on the challenge of making strategic decisions in conditions of uncertainty.
Large businesses, government entities, and other organizations constantly have to make complex decisions with many potential long-term impacts that need to be monitored and adjusted as necessary. In today s globalized society, these decisions are increasingly complicated. Integrated and Strategic Advancements in Decision Making Support Systems explores the world of Decision Making Support Systems (DMSS), which encompasses Decision Support Systems (DSS), Executive Information Systems (EIS), Expert Systems (ES), Knowledge Based Systems (KBS), Creativity Enhancing Systems (CES), and more. This publication is essential for any decision-making professional in learning how to effectively implement 21st century solutions.
When you become a manager, you need proven strategies and advice to ensure your team meets expectations. Two longtime managers draw upon their decades of combined experience in this guidebook to getting the job done during your first year as a manager. Whether you've just been promoted, been transferred, or started a new job, you'll learn how to - establish an organized work environment; - create stability in the workplace; - write a code of conduct for yourself and your employees; and - organize effective meetings. The authors also share case studies focusing on successful and unsuccessful managers. By applying lessons from real-life examples, you'll be able to establish your authority, motivate underperforming employees, and appropriately reward superstars. When it comes time to hire and fire, you'll also know what to do. Use this book as a reference and refresher whenever you need to set performance goals, write a performance review, or hold employees members accountable. Stock your manager's toolbox and prove that you're the right person for the job with techniques, guidelines, and strategies to manage your team.
An increasing amount of attention has been focused on the employment effect of governmental regulation. Controversy over the implementation and impacts of governmental rules are now central to current public policy debates relating to employment and labor markets. A new policy framework for regulation is needed to make the regulatory decision-making process more responsive to the requirements for economic growth and to the employment effects of regulation. The President and Congress need to provide effective oversight of the process, from the perspective of both a single regulation and a government-wide approach to regulatory planning. Regulatory agencies need to use state-of-the-art analytical tools so that they can better determine the employment effects of their regulatory actions. This book presents a common-sense, albeit highly sophisticated and technical, approach to improving the technical soundness, credibility, and transparency of the regulatory decision-making process.
A practical guide for those who facilitate group interactions within any public or private organization, this book gives specific strategies for conducting effective meetings, resolving conflicts within a group, and building consensus among group members and managing the work of groups over time. Webne-Behrman unique combination of practical advice and conceptual analysis. With examples from his extensive consulting experience and case studies from other sources, this book will be of value not only to experienced facilitators, mediators, and consultants, but also to executives and managers who need to become familiar with group facilitation. Webne-Behrman points out that a facilitator is actually a manager of a group within an organization--an important and diversified role. Not only do facilitators lead work teams in solving complex business problems, but in the public sector, they help resolve problems that may have rendered communities inoperative. They also manage interpersonal disputes to improve working relationships, and help build consensus on contentious social and political issues so as to help legislators create sound public policy. Webne-Behrman explains, The book will serve as a companion to the practitioner at times of greatest urgency. Included are outlines of the stages of effective meetings, strategies for managing conflict, ways to build consensus, and other specific advice on how to approach and solve problems.
Taylor leads readers through creativity and how it relates to leadership followed by the five stages of theory behind the idea: 1) preparation, 2) time-off (or incubation), 3) the spark, 4) selection, and 5) elaboration.
The scale and complexity of research and practices of open innovation mandate a correspondingly sophisticated form of decision making. Strategic Planning Decisions brings together a number of tools that ease the decision process in technology companies, providing both conceptual frameworks and practical applications. Innovative approaches are presented such as an ontology-based model where all the relevant aspects of a potential technology are interrelated to provide a comprehensive and logically connected data pool for decision makers. Divided into two sections, Strategic Planning Decisions describe both strategic approaches using the decision tools, and tactical approaches. Some of these tools are expanded while some others are embedded in a model that will lay the ground for practical application. These include: bibliometric analysis,
The essence of decision-aiding software is that it consists of various forms of microcomputer programming designed to enable users to process a set of (1) goals to be achieved, (2) alternatives available for achieving them, and (3) relations between goals and alternatives in order to choose the best alternative, combination, allocation, or predictive decision-rule. Benefits from using decision-aiding software include (1) being more explicit about goals to be achieved, alternatives available for achieving them, and relations between goals and alternatives; (2) being stimulated to think of more goals, alternatives, and relations than one would otherwise be likely to do; (3) being prepared to handle multiple goals, alternatives, and relations without getting confused and without feeling the need to resort to a single composite goal or a single go/no-go alternative; (4) being encouraged to experiment with changes in the inputs into one's thinking to see how one's conclusions are affected; and (5) being better able to achieve or exceed one's goals when choosing among alternatives or allocating scarce resources. There are five parts to the book covering: (1) a broad overview of decision-aiding packages, including criteria for evaluating them; (2) approaches that are based on management science and operations research, including linear programming and decision trees; (3) spreadsheet-based software, generally with goals on the columns, alternatives on the rows, relations in the cells, overall totals for each alternative at the far right, and a capability for indicating how the totals would be altered as a result of changes in the inputs; (4) expert systems software including rule-based and knowledge-based expert systems; and (5) general applications of decision-aiding software and a discussion of the increasing utilization of such software. |
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