The Economist Guide to Decision-Making: Getting it more right than wrong

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9781846683756: The Economist Guide to Decision-Making: Getting it more right than wrong
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We make decisions, and these decisions make us and our organisations. And in theory, decision-making should be easy: a problem is identified, the decision-makers generate solutions, and choose the optimal one - and powerful mathematical tools are available to facilitate the task. Yet if it is all so simple why do organisations, both private and public sector, keep making mistakes - the results of which are borne by shareholders, employees, taxpayers and ultimately society at large? this guide to decision making. By leading decision science academic helga drummond, aims to improve decision-making in organisations. It explores how and why decisions go awry in the first place - and offers practical advice on what decision-makers can do to counter the psychological, social and other forces that can undermine individual judgment and pull organisations off course. Full of examples of good and bad decision-making from around the world, it will make readers think more clearly about decisions big and small.

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About the Author:

Helga Drummond is Professor of Decision Sciences at Liverpool University Management School. Among the organisations for which she has played or currently plays a non-executive or advisory role are the Ministry of Defence, the Royal Institution of Chartered Surveyors, the General Optical Council, the Joint Council of the Inns of Court, and the Defence Scientific Advisory Council. This is her 12th book.

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9781846688942: The Economist Guide to Decision-Making: Getting it More Right Than Wrong

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Book Description Profile Books Ltd, United Kingdom, 2012. Paperback. Condition: New. Main. Language: English . Brand New Book. We make decisions, and these decisions make us and our organisations. And in theory, decision-making should be easy: a problem is identified, the decision-makers generate solutions, and choose the optimal one - and powerful mathematical tools are available to facilitate the task. Yet if it is all so simple why do organisations, both private and public sector, keep making mistakes - the results of which are borne by shareholders, employees, taxpayers and ultimately society at large? This guide to decision making. by leading decision science academic Helga Drummond, aims to improve decision-making in organisations. It explores how and why decisions go awry in the first place - and offers practical advice on what decision-makers can do to counter the psychological, social and other forces that can undermine individual judgment and pull organisations off course. Full of examples of good and bad decision-making from around the world, it will make readers think more clearly about decisions big and small. Seller Inventory # AA99781846683756

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