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How do executives make decisions? Are their decisions conscious or
unconscious? Can they explain each decision they make? What tools
can they use to improve their decision-making process? These are
some of the questions this book addresses. During the past 35
years, as an entrepreneur and senior executive of several
medium-sized Canadian hi-tech businesses, the author noticed that
his decision-making processes were often based either on experience
or on advice received from colleagues. Seldom were the decisions
based on formal or informal academic-based methods. There is no
substitute for years of experience in any human endeavor. However,
tapping into some of the methods and lessons learned from personal
experience can result in useful principles for others to follow.
These principles are very useful, especially for entrepreneurs
interested in building their businesses or executives looking for
some additional help in acquiring a better decision-making
mousetrap.
Supply chain management (SCM) is the process of managing the
operations of a system of organizations, people, activities,
information, and resources involved in efficiently moving products
or services from suppliers to customers. SCM can effectively
conduct the movements of physical items, knowledge, and information
from the original supplier to the final end-user. In this book, we
explore the systemic analysis of SCM and its effect on business
development performance. We identify the structural problems in the
supply chain, clarify how they influence the functioning of
business development, and suggest elaboration of strategic
approaches to address those problems. The author includes
professional perspectives and insights from experts including
various SCM sources.
The purpose of this book is to introduce the reader to mechanisms
useful for detection and avoidance of money-laundering activities
(MLAs) and terrorist financing as well as suggest improvements to
existing anti-MLA methods and procedures where appropriate. Money
laundering occurs in every country. The significant factor is to
diagnose illegal MLAs and apply regulations to mitigate them. To
meet this objective, managers of financial institutions need to
train their employees about anti-money-laundering processes and how
to diagnose and prevent them. Anti-money-laundering activities can
also affect financial systems of a country. MLAs can create a big
gap between income classes. Money laundering can also decrease
bank's and financial institution's credibility. This book will be
of special interest to financial managers in the private and public
sector and will also be a useful guide for those involved in
international financial transactions.
Measuring shareholder value has become crucial in the current
economic environment, especially following the consistent pressure
from institutional shareholders on companies to create shareholder
value in an adverse economic environment. Maximizing the company's
value will make the company less appealing to hostile takeovers.
Takeovers are a capital market mechanism designed to control the
conflicts of interest between shareholders and managers of the
company. In this study, we will examine the best methods used in
measuring shareholder value, and furthermore explore the process of
shareholder value creation in the years prior and following the
creeping takeover of Ivanhoe Mines by Rio Tinto Plc. We have based
our study on data and ratio analytics from ThomsonONE (Reuters),
information that is publicly available through press releases,
analyst coverage, and financial news. Our study includes an
in-depth analysis of the creeping takeover of Ivanhoe Mines by Rio
Tinto Plc.
How do executives make decisions? Based on what? Are their
decisions conscious or unconscious? Can they explain each decision
they make? What tools can they use to improve their decision-making
process? What rules of thumb (heuristics) can they use when faced
with decision-making challenges? These are some of the questions
this book is about. During the past 30 years, as an entrepreneur
and senior executive of several medium-sized Canadian hi-tech
businesses, the author observed his decision-making processes to be
based either on experience or on advice received from colleagues.
Seldom were decisions based on formal or informal academic-based
methods. Discussing decision-making methods with other executives
of comparable business backgrounds confirms they rely on similar
methods when looking for solutions to challenging business
problems. There is no substitute for years of experience in any
human endeavour. However, tapping into some of the methods and
lessons learned from personal experience can result in useful
principles for others to follow. These principles might be useful
especially for entrepreneurs interested in building their
businesses or executives looking for some additional help in
acquiring a better decision-making mouse-trap.
This book is intended to provide project management office (PMO)
executives' practical information to promote enterprise Agile for
business value compatibility within their organization. The primary
benefit of this book is to promote a sense of common purpose and
collaboration between the project delivery and the organization.
Agile project delivery methods are adaptable to the emergence of
unknown requirements identified in the later part of the project
delivery lifecycle. The key success factor is direct business
participation and collaboration to ensure that a business focus
determines the output. Agile promotes innovation and creates
synergies through a business focus viewing technology deployments
as a catalyst for change rather than the final objective.
Technology investments implemented through Agile processes result
in improved market leadership, organizational alignment, and
resource efficiency delivering competitive advantage.
This book, based on case studies in the healthcare sector, reveals
a working strategy that explores a well-kept secret of top
management: that a more balanced gender distribution on the boards
of healthcare organizations results in an improvement of the
organization's overall performance. Organizational success for
healthcare institutions depends in part on insuring that an
organization's management team possesses and reflects key
characteristics that can predict that success. By further linking
these characteristics to gender, the research suggests that it is
reasonable to assume that an increased if not dominant presence of
females on boards will lead to improved performance. In this
evolving world environment of an aging population coupled with
funding constraints that are applied to healthcare organizations
based on performance, healthcare organizations' top management and
researchers will find this book a must read. A new perspective
emerges as a practical solution for the healthcare organization's
survival.
Business executives face the challenge of making every day better
business decisions. They make those decisions using gut feel,
common sense, intuition, experience, and, often without knowing it,
various forms of heuristics or rules of thumb. Over the past 25
years, as a senior executive of several Canadian hi-tech
businesses, I noticed that the decision-making process I have
applied was often based on personal experience. This book explores
the heuristics personal experience is based on. The research this
book is built on confirms the use of heuristics in business
decision-making, presents some common business heuristics, and
proposes methods of making the application of heuristics more
useful for better decision-making in various business situations.
Two main conclusions resulting from this research are: executives
apply extensively various forms of business heuristics when solving
business problems, and the heuristics they use are both tacit and
explicit. Finally the book suggests a set of what-how rules that
can assist in converting tacit business heuristics into explicit
ones by expanding their information content.
Topics in Logic: This book introduces the reader to some basic
concepts in mathematical logic and propositional calculus. Topics
in formal theories are briefly analyzed. First-order predicate
calculus is described including some of its interpretations in
arithmetic and set theory. Axiomatic set theories are covered. Some
examples of axiomatic set theories are also illustrated. Relations
are defined along with basic concepts of homomorphism and
congruence. Finally universal algebras are defined and some of
their properties discussed.
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