Bending the Law of Unintended Consequences : A Test-Drive Method for Critical Decision-Making in Organizations
2020 ed.
Book Details
Format
Hardback or Cased Book
ISBN-10
3030327132
ISBN-13
9783030327132
Edition
2020 ed.
Publisher
Springer Nature Switzerland AG
Imprint
Springer Nature Switzerland AG
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Feb 11th, 2020
Print length
304 Pages
Weight
572 grams
Dimensions
23.80 x 17.50 x 2.40 cms
Ksh 10,800.00
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This title provides managers, executives and other professionals with an innovative method for critical decision-making. It also provides four sample test drives of realistic critical decisions as well as two instructional videos to illustrate this new method.
This title provides managers, executives and other professionals with an innovative method for critical decision-making. The book explains the reasons for decision failures using the Law of Unintended Consequences. This account draws on the work of sociologist Robert K. Merton, psychologists Amos Tversky and Daniel Kahneman, and economist Herbert Simon to identify two primary causes: cognitive biases and bounded rationality. It introduces an innovative method for "test driving" decisions that addresses both causes by combining scenario planning and "what-if" simulations. This method enables professionals to learn safely from virtual mistakes rather than real ones. It also provides four sample test drives of realistic critical decisions as well as two instructional videos to illustrate this new method. This book provides leaders and their support teams with important new tools for analyzing and refining complex decisions that are critical to organizational well-being and survival.
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