Making tough decisions well and badly : framing, deciding, implementing, assessing / edited by Arch G. Woodside.

Format:

Book

Contributor:

Woodside, Arch G.

Series:

Advances in business marketing & purchasing ; v. 24.

Advances in business marketing & purchasing, 1069-0964 ; v. 24

Language:

English

Subjects (All):

Business--Decision making.

Business.

Business forecasting.

Physical Description:

1 online resource (127 pages) : illustrations, tables.

Edition:

First edition.

Place of Publication:

Bingley, England : Emerald, 2016.

Summary:

Where do brilliant executive wisdom and actions come from? Making Tough Decisions Well and Badly (MTDWB) assesses the literature that examines executives' conscious and non-conscious actions in decision making, implementation and assessment of outcomes. MTDWB includes anecdotal histories of good and bad decisions and the executives who made them. This volume uncovers the common threads in framing, forecasting, decision making and actions, looking at Steve Jobs, Martin Luther King, Jr, Senator Wayne Morris, Winston Churchill, Abraham Lincoln, Sam Walton, Mahatma Gandhi, and Bill Gates. Authors discuss how common threads could be useful for achieving superior competences. MTDWB assesses ten valuable decision making tools such as checklists and coaches; and tools to avoid such as use of product portfolio paradigms and use of fit-only regression analysis, that appear often in the popular business and academic literature on making tough decisions. MTDWB closes with ten recommendations for those responsible for making tough decisions.

Contents:

Case-based causal mapping of bad and good decisions / Arch G. Woodside

Best and worst practices in management performance audits: constructing and testing an algorithmic model / Arch G. Woodside, Xin Xia, John C. Crotts, Jeremy C. Clement

System dynamics research of bad and good decision processes and outcomes / Arch G. Woodside

Decisions about decisions: leveraging the internet to distribute influence in organisational buying centers / Roger Marshall, Leonard Ling Ping Chih, Peh Yam Khim, Goh Whee Cheng

Making decisions well and badly: how stakeholders' discussions influence individual executives' decision confidence and competence / Rouxelle de Villiers, Robin Hankin, Arch G. Woodside.

Notes:

Includes bibliographical references.

Print version record

ISBN:

9781786351197

1786351196