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Books > Business & Economics > Business & management > Management & management techniques > Management decision making
This book presents best practices involving applications of decision sciences, business tactics and behavioral sciences for COVID-19. Addressing concrete problems in these vital fields, it focuses on theoretical and methodological investigations of managerial decisions that drive production and service enterprises' productivity and success. Moreover, it presents optimization techniques and tools that can also be adopted for other applications in various research areas after a thorough analysis of the specific problem. The book is intended for researchers and practitioners seeking optimum solutions to real-life problems in various application areas concerning COVID-19, helping them make scientifically founded decisions.
Can there be reliable information that is also relevant to decision making? Information for Efficient Decision Making: Big Data, Blockchain and Relevance focuses on the consolidation of information to facilitate making decisions in firms, in order to make their operations efficient to reduce their costs and consequently, increase their profitability. The advent of blockchain has generated great interest as an alternative to centralized organizations, where the data is gathered through a centralized ledger keeping of activities of the firm. The decentralized ledger keeping is one of the main features of blockchain that has given rise to many issues of technology, development, implementation, privacy, acceptance, evaluation and so on. Blockchain concept is a follow-up to big data environment facilitated by enormous progress in computer hardware, storage capacities and technological prowess. This has resulted in the rapid acquiring of data not considered possible earlier. With shrewd modeling analytics and algorithms, the applications have grown to significant levels. This handbook discusses the progress in data collection, pros and cons of collecting information on decentralized publicly available ledgers and several applications.
An innovative, new approach to risk assessment and management that will help you uncover countless opportunities for your company If a business wants to be sustainable in the twenty-first century, it should focus on the continuous improvements and potential opportunities that risk management offers. Written by risk management experts, this book will provide you with the necessary tools and guidance for the successful management of business risk so you can improve your company’s triple bottom line–– the social, environmental, and financial accountability of your business. The authors introduce the RISQUE method, which was specifically developed to address a diverse range of events and issues. It offers a multifaceted approach, using a rational process, which will help you make informed, defensible risk management decisions. You’ll gain a better understanding of the methodology, assumptions, advantages, and disadvantages of this approach. You’ll also see how the method can be applied to specific areas within your business to reduce risk and increase opportunities. And you’ll learn the necessary skills to implement a risk management process that will demonstrate commitment to triple bottom line management. To enhance the material presented, numerous case studies are included that will help you understand how to:
This book combines two distinctive topics: data science/image analysis and materials science. The purpose of this book is to show what type of nano material problems can be better solved by which set of data science methods. The majority of material science research is thus far carried out by domain-specific experts in material engineering, chemistry/chemical engineering, and mechanical & aerospace engineering. The book could benefit materials scientists and manufacturing engineers who were not exposed to systematic data science training while in schools, or data scientists in computer science or statistics disciplines who want to work on material image problems or contribute to materials discovery and optimization. This book provides in-depth discussions of how data science and operations research methods can help and improve nano image analysis, automating the otherwise manual and time-consuming operations for material engineering and enhancing decision making for nano material exploration. A broad set of data science methods are covered, including the representations of images, shape analysis, image pattern analysis, and analysis of streaming images, change points detection, graphical methods, and real-time dynamic modeling and object tracking. The data science methods are described in the context of nano image applications, with specific material science case studies.
Handling a crisis and knowing how to manage the potential reputational damage that can occur has become a top priority for all businesses. Learn from international brands like Nestle, Unilever, McDonalds, Cadbury, RBS and more, to discover the value of reputation management and how to effectively and proactively approach the Corporate Social Responsibility of your business. Whether it is an internal or external crisis, now more than ever brands and organizations are having to understand and respond rapidly to shifting public values, rising expectations, demands for public consultation and increasingly intrusive news media. Crisis, Issues and Reputation Management defines and explores the value of reputation, providing practical guidelines for effective reputation management that will resolve issues with minimum damage and disruption to the business. Showcasing a variety of crises through a range of case studies from international brands including Nestle, Unilever, General Electric, McDonald's, Coca-cola, Cadbury, Tesco, Pan Am, RBS and more, this definitive handbook provides a new and broader perspective on the topic for new and seasoned practitioners alike. Practical and accessible, it outlines a comprehensive approach to managing situations that may turn into crises - and handling crises once they occur.
The seventh book in the Frontiers of Industrial and Organizational Psychology Series, sponsored by the Society for Industrial and Organizational Psychology, a division of the American Psychological Association. Get the latest perspective on teams from leading professionals in management and social, industrial, and organization psychology. You'll get the latest research perspective on teams and their nature, function, effectiveness, decision-making process, and their ability to change the face of organizational life. This research-based resource:
Plus, you'll get tested models and methods for improving team effectiveness in any organizational context. Use it as a handbook on team dynamics and as a guide to a better understanding of the effect of teams on organizational design.
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.
Emergency Incident Risk Management: A Safety & Health Perspective
'A very practical, engaging guide to the essential tools which managers at all levels need to be effective themselves and to develop others. Highly recommended.' Stuart Chambers, former CEO of Pilkington plc Key Management Development Models gives you, at a glance, instant access to a full range of the best models available for developing your management skills and helping others to work and perform at their peak. For anyone seeking to develop their management skills it can be hard to know where to begin. Key Management Development Models explains the tools in detail - what they are and when and how to use them, with key practical tips. It's like having your very own management development coach on hand explaining all the tools that you will ever need to know. EXPERT GUIDANCE FOR YOUR MANAGEMENT CAREER
"In One Face: Shed the Mask, Own Your Values, and Lead Wisely," Sarah K. McDugal shares her journey of personal discovery and leadership growth while showcasing the experiences of other wildly successful entrepreneurs and influencers who are committed to leading (and living) with one face.
Risk has two sides: underestimating it harms the investor, while overestimating it prevents the implementation of bold business projects. This book explains, from the point of view of the practitioner, the analysis of investment risk - a proper account of adequate risk management strategies - and offers an objective and readable account of the most common investment risk management procedures. It will not be highly mathematical, although mathematical formulae and technical graphs will be used where necessary, and will not rely on excessive technical jargon. The author also covers guidelines of regulatory institutions that protect the market and the investor: Bank of International Settlements, US SEC and UK FSA.
Connected Leadership has been officially shortlisted in the 'Management Futures' category for the 2017 Management Book of the Year prize which has just been announced by the Chartered Management Institute (CMI) and the British Library. Connected Leadership provides a clear, practical guide for leaders of organisations who wish to create a more connected, agile and customer-oriented organisation in a digitally connected, customer-driven 21st century business environment. It lays out the key factors of the connected organisation and the leadership behaviours that will allow these factors to become embedded and sustainable. It provides a range of case examples to demonstrate what this looks like in practice, complemented by a series of tools and techniques that leaders can use to diagnose their organisation's current position and plot a successful course to achieve these more connected ways of working. It is, at heart, a real-world guide to changing your leadership style and approach to align an organisation's culture and values with those needed in a world where the prevailing models of command and control are so obviously failing. Connected Leadership will show you how to: * Create a more agile organisation & respond swiftly to changing markets & customer needs * Cope with increasing market complexity & uncertainty * Build trust, reputation & become a more authentic leader * Develop a 'connected leadership' approach
Business thinking skills that really work Better creative thinking leads to brilliant decision making and successful, innovative solutions to business problems. Using the proven practical skills, techniques and advice in this book, you will learn how to think better, faster and more productively, enabling you to shape, train and inspire your thinking to deliver more effective results. * Improve your critical analysis and thinking skills * Become confident in making better and more creative decisions * become faster and more effective at problem solving This book will enable you to become a calm, logical and well-argued decision maker with the ability to deliver better solutions and outstanding results - and win the accolade for your work - "well thought through, persuasively argued with a creative set of options. Well done."
Making important business decisions is usually a difficult and complicated task. In the modern economy where businesses have to solve increasingly complex decision-making problems, it is important to learn and use methods and techniques including the analysis of behavioral data to support decision-making in practice. This book presents various methods and solutions to problems in modern data acquisition techniques and practical aspects of decision making. In particular, it addresses such important issues as: business decision making, multi-criteria decision analysis (MCDA), multidimensional comparative analysis (MCA), decision games and data acquisition techniques for decision making (declarative techniques and cognitive neuroscience techniques). Important topics such as consumers' rational behavior, environmental management accounting, operational research methods, neuroscience including epigenetics, DEA analysis etc., as well as case studies related to decision making in management are also included.
Since the mid-1990s risk management has undergone a dramatic
expansion in its reach and significance, being transformed from an
aspect of management control to become a benchmark of good
governance for banks, hospitals, schools, charities and many other
organizations. Numerous standards for risk management practice have
been produced by a variety of transnational organizations. While
these many designs and blueprints are accompanied by ideals of
enterprise, value production, and good governance, it is argued
that the rise of risk management has also coincided with an
intensification of auditing and control processes. The legalization
and bureacratization of organizational life has increased because
risk management has created new demands for proof and evidence of
action. In turn, these demands have generated new risks to
reputation.
This book presents a collection of essays written by leading researchers to honor Roman Slowinski's major scholarly interests and contributions. He is well-known for conducting extensive research on methodologies and techniques for intelligent decision support, where he combines operational research and artificial intelligence. The book reconstructs his main contributions, presents cutting-edge research and provides an outlook on the most promising and advanced domains of computer science and multiple criteria decision aiding. The respective chapters cover a wide range of related research areas, including decision sciences, ordinal data mining, preference learning and multiple criteria decision aiding, modeling of uncertainty and imprecision in decision problems, rough set theory, fuzzy set theory, multi-objective optimization, project scheduling and decision support applications. As such, the book will appeal to researchers and scholars in related fields.
Using a wide range of operational research (OR) optimization examples, Applied Operational Research with SAS demonstrates how the OR procedures in SAS work. The book is one of the first to extensively cover the application of SAS procedures to OR problems, such as single criterion optimization, project management decisions, printed circuit board assembly, and multiple criteria decision making. The text begins with the algorithms and methods for linear programming, integer linear programming, and goal programming models. It then describes the principles of several OR procedures in SAS. Subsequent chapters explain how to use these procedures to solve various types of OR problems. Each of these chapters describes the concept of an OR problem, presents an example of the problem, and discusses the specific procedure and its macros for the optimal solution of the problem. The macros include data handling, model building, and report writing. While primarily designed for SAS users in OR and marketing analytics, the book can also be used by readers interested in mathematical modeling techniques. By formulating the OR problems as mathematical models, the authors show how SAS can solve a variety of optimization problems.
Includes 10 handy do's and don'ts of using KPIs Want to measure the performance of your people and your business? Need a quick overview of the most useful KPIs and how to use them? Only want what you need to know, rather than reams of theory? With the critical Key Performance Indicators required to understand your employees, financials and customers, this book tells you what you need to know, fast. 'This book does a fantastic job of narrowing down the best KPIs for you and your team. It's short, sharp and incredibly useful.' --Thomas H. Davenport, Distinguished Professor at Babson College and author of BigData@Work
This book presents the state-of-the-art in social simulation as presented at the Social Simulation Conference 2018 in Stockholm, Sweden. It covers the developments in applications and methods of social simulation, addressing societal issues such as socio-ecological systems and policy making. Methodological issues discussed include large-scale empirical calibration, model sharing and interdisciplinary research, as well as decision making models, validation and the use of qualitative data in simulation modeling. Research areas covered include archaeology, cognitive science, economics, organization science, and social simulation education. This collection gives readers insight into the increasing use of social simulation in both its theoretical development and in practical applications such as policy making whereby modelling and the behavior of complex systems is key. The book will appeal to students, researchers and professionals in the various fields.
This book offers an essential review of central theories, current research and applications in the field of numerical representations of ordered structures. It is intended as a tribute to Professor Ghanshyam B. Mehta, one of the leading specialists on the numerical representability of ordered structures, and covers related applications to utility theory, mathematical economics, social choice theory and decision-making. Taken together, the carefully selected contributions provide readers with an authoritative review of this research field, as well as the knowledge they need to apply the theories and methods in their own work.
Why do so many world-changing insights come from people with little or no related experience? Charles Darwin was a geologist when he proposed the theory of evolution. And it was an astronomer who finally explained what happened to the dinosaurs. Frans Johansson's The Medici Effect shows how breakthrough ideas most often occur when we bring concepts from one field into a new, unfamiliar territory and offers examples of how we can turn the ideas we discover into path-breaking innovations. Clayton M. Christensen, bestselling author of The Innovator's Dilemma, has described The Medici Effect as "one of the most insightful books about managing innovation I have ever read. Its assertion that breakthrough principles of creativity occur at novel intersections is an enduring principle of creativity that should guide innovators in every field." Now with a new preface and a discussion guide, and a foreword by Harvard Business School professor Teresa Amabile, The Medici Effect is a timeless classic that will help you reach your innovative peak.
Distributed decision making (DDM) has become of increasing importance in quantitative decision analysis. In applications like supply chain management, service operations, or managerial accounting, DDM has led to a paradigm shift. The book provides a unified approach to such seemingly diverse fields as multi-level stochastic programming, hierarchical production planning, principal agent theory, negotiations or contract theory. Different settings like multi-level one-person decision problems, multi-person antagonistic planning, and leadership situations are covered. Numerous examples and real-life planning cases illustrate the concepts. The new edition has been considerably expanded by additional chapters on supply chain management, service operations and multi-agent systems.
Throughout history, humankind has progressed in a somewhat predictable manner. Leaders have been able to leverage the accumulated knowledge residing within the world's organizations to presage tomorrow's demands and make their decisions accordingly. But there are times that defy such extrapolations, and ours seems to be one of them. Faced with a veritable maelstrom of technological innovation and ensuing social upheaval, today's organizational leaders must be risk takers, basing their decisions for the future not on the existing bodies of concrete information, but on an invaluable reserve of organizational wisdom and executive courage. The contributors to this book explore the roles wisdom and courage play in shaping our organizational lives and the implications they hold for the advancement of organizational science and practice. Filled with new thought and compelling insights, Organizational Wisdom and Executive Courage offers executives, educators, and scholars alike the means to broaden their thinking about change and management.
Since the dawn of human history people have been facing problems arising from the operations of systems in which they themselves are a part. However, the idea that systematic scrutiny in the spirit of science can help solve them, became widespread only in this century. The Handbook of Systems Analysis brings together in systematic form the core of the systems analysis knowledge and experience it has developed so far. The Handbook of Systems Analysis consists of three volumes: the first offers an overview aimed at a widely varied audience of practitioners and those interested in the problems treated by systems analysis; volume two is aimed at a more technical audience and deals with how a systems analysis study proceeds and resolves the technical and professional issues. Now this third volume exemplifies the general principles and wide variety of practice by means of eight carefully selected cases described by the principal analysts involved. Like the first volume, it is accessible to a wide variety of people professional and non-professional who are interested in how such work is carried out and what its useful effects can be. Features include:
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