Self Learning Management Series - Decision Making Essentials ...

Mark Koscinski

• 03 december 2020
• 9781636510033

Samenvatting:

Includes

• Introduction to Decision Making

• Scenario Planning and Prediction Markets

• Group Mechanics

• Heuristics and Programmed Decisions

• Probability and Base Rate Neglect

Decision Making Essentials You Always Wanted to Know prepares new managers and leaders to make those tough decisions they face by providing them with a tool box of decision analysis techniques to help them understand and analyze the decisions they make.

The chapters describe key techniques of decision analysis, including:

• Cognitive biases and Prospect Theory

• Heuristics

• Probability and Expected Value

• Bayes Theorem

• Multi-attribute decision making, including the SMART, Elimination by Aspects, and Even Swaps methods

• Game Theory

• Prediction Markets

• Brainstorming and Groupthink

• Black Swan Events.

Each chapter provides clear examples of the decision making tools and includes practice examples to help train the reader in using these critical tools.