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DECISION BY OBJECTIVES
How to Convince Others That You Are Right
by Ernest H Forman (The George Washington University, Washington, DC, USA) & Mary Ann Selly (Expert Choice, Inc, Pittsburg, Pasadena, USA)
Decision-making is a process of choosing from possible courses of action in order to attain goals and objectives. Nobel laureate Herbert Simon wrote that the whole process of managerial decision-making is synonymous with the practice of management. Decision-making is at the core of all managerial functions. Planning, for example, involves the following decisions: What should be done? When? How? Where? By whom? Other managerial functions, such as organizing, implementing, and controlling, rely heavily on decision-making.
Decision by Objectives is an invaluable book about the art and science of decision-making. It presents a very practical approach to decision-making that has a sound theoretical foundation, known as the analytic hierarchy process. Intended for both the student and the professional, the book includes approaches to prioritizing, evaluating alternative courses of action, forecasting, and allocating resources. By focusing on objectives rather than alternatives alone, it shows the reader how to synthesize information from multiple sources, analyses, and perspectives. The methods presented have been gaining popularity throughout the world.
Contents:
- Introduction: Management Decision-Making Today
- Problem
Solving and Decision-Making
- Decision-Making Concepts and Methodologies
- The Analytic Hierarchy Process and Expert Choice
- From Brainstorming to Structuring to Evaluation and Choice
- Other Topics / Refinements
- Forecasting The Forward Process
- Resource Allocation
- Meetings, Meeting Facilitation and Group Support Systems (GSS)
- Feedback
- Empowered for the Future
Readership: Students and professionals in business, management, risk
analysis and most branches of science.
"The new book is oriented to a very interesting and useful side of decision-making processes: How to organize communication with other participants in decision-making processes ... The style of the book is very simple for all readers including beginners ... it is a very useful addition to the literature in multicriteria decision-making and AHP and anyone, whether practitioners, academic or student, will find this a very worthwhile read. This book should be on the desk of anyone engaged in decision-making processes."
| Journal of the Operational Research Society |
This book provides ample ready-to-use information enriched with graphs and pictures
It is an easy read
It is a collection of tools for managers and decision makers in industry
Beginners reading this book would gain an understanding of the importance of decision making and the methodologies and approaches used in industry. This book would certainly be helpful to management classes discussing AHP.
| 420pp |
Pub. date: Dec 2001 |
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