Framing Decisions (PDF)
Decision-Making that Accounts for Irrationality, People and Constraints
(Sprache: Englisch)
The economic crisis of 2008-2009 was a transformational
event: it demonstrated that smart people aren't as smart as they
and the public think. The crisis arose because a lot of highly
educated people in high-impact positions-- political power
brokers,...
event: it demonstrated that smart people aren't as smart as they
and the public think. The crisis arose because a lot of highly
educated people in high-impact positions-- political power
brokers,...
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The economic crisis of 2008-2009 was a transformational
event: it demonstrated that smart people aren't as smart as they
and the public think. The crisis arose because a lot of highly
educated people in high-impact positions-- political power
brokers, business leaders, and large segments of the general
public--made a lot of bad decisions despite unprecedented
access to data, highly sophisticated decision support systems,
methodological advances in the decision sciences, and guidance from
highly experienced experts. How could we get things so wrong? The
answer, says J. Davidson Frame in Framing Decisions: Decision
Making That Accounts for Irrationality, People, and
Constraints, is that traditional processes do not account for
the three critical immeasurable elements highlighted in the book's
subtitle-- irrationality, people, and constraints.
Frame argues that decision-makers need to move beyond their
single-minded focus on rational and optimal solutions as preached
by the traditional paradigm. They must accommodate a decision's
social space and address the realities of dissimulation,
incompetence, legacy, greed, peer pressure, and conflict. In the
final analysis, when making decisions of consequence, they should
focus on people - both as individuals and in groups.
Framing Decisions offers a new approach to decision
making that gets decision-makers to put people and social context
at the heart of the decision process. It offers guidance on how to
make decisions in a real world filled with real people seeking real
solutions to their problems.
event: it demonstrated that smart people aren't as smart as they
and the public think. The crisis arose because a lot of highly
educated people in high-impact positions-- political power
brokers, business leaders, and large segments of the general
public--made a lot of bad decisions despite unprecedented
access to data, highly sophisticated decision support systems,
methodological advances in the decision sciences, and guidance from
highly experienced experts. How could we get things so wrong? The
answer, says J. Davidson Frame in Framing Decisions: Decision
Making That Accounts for Irrationality, People, and
Constraints, is that traditional processes do not account for
the three critical immeasurable elements highlighted in the book's
subtitle-- irrationality, people, and constraints.
Frame argues that decision-makers need to move beyond their
single-minded focus on rational and optimal solutions as preached
by the traditional paradigm. They must accommodate a decision's
social space and address the realities of dissimulation,
incompetence, legacy, greed, peer pressure, and conflict. In the
final analysis, when making decisions of consequence, they should
focus on people - both as individuals and in groups.
Framing Decisions offers a new approach to decision
making that gets decision-makers to put people and social context
at the heart of the decision process. It offers guidance on how to
make decisions in a real world filled with real people seeking real
solutions to their problems.
Inhaltsverzeichnis zu „Framing Decisions (PDF)“
Figures Preface 1 An Evolving Decision-Making Paradigm The Traditional Paradigm The Real World Rethinking Decision-Making The Cognitive Challenge Adjusting to the New Paradigm Conclusion: It Isn?t Easy Getting It Right 2 Decisions and Decision Making Different Perspectives on Decision Making Rational, Irrational, Nonrational Decisions Dealing with Unknowns 3 The Social Context of Decision Making The Social Context The Social Space of Decision Making Allison?s Multiple Perspectives on Decision Making The Link Between Stakeholder and Decision-Maker The Implementation Challenge Accommodating External Forces Conclusion 4 The Organizational Dimension Organizational Structure Organizational Process People in Organizations Organizational Culture Conclusion 5 The Moral Dimension Broad Categories of Moral Failings Moral Hazard Principal-Agent Dilemma Morality, Ethics, and Legality: They Are Different Last Word 6 People as Decision-Makers Factors That Affect How Individuals Make Decisions Personality and Decision Making Personality: Nomothetic Factors Conclusion 7 The Wisdom?and Foolishness?of Crowds Individual Versus Group Decision-Participation Spectrum Making Decisions in Groups Degrees of Consensus Defining Consensus Reaching a Decision The Wisdom and Foolishness of Crowds Honeybee Decision-Making 8 The Biology of Decision Making Brain Basics The Lazy Brain Visual Illusions: What You See Isn?t What You Get Examples of Visual Illusions Brain Deception Beyond Visual Illusions The Maturing Brain Conclusion 9 Toward an Empirically Rooted Understanding of Decision Making In the Beginning: Toward an Empirical View The Challenge of Empirical Research Evidence of Unconscious Deliberation in Decision Making: Three Empirical Approaches The Contribution of Empirical Research: Where Do We Stand? Empirical Research on Decision Making in the Neurosciences The Contribution of Neuropsychology Research: Where Do We Stand? The Need for Research on Decisions of Consequence 10 Seven Lessons
... mehr
Seven Lessons for Highly Effective Decision-Makers Last Word References Acknowledgments The Author Index
... weniger
Autoren-Porträt von J. Davidson Frame
J. DAVIDSON FRAME is academic dean and cofounder of the University of Management and Technology (UMT) in Arlington, Virginia, one of the first fully online degree-conferring universities in the United States. Prior to joining the UMT faculty, he served as chairman of the Department of Management Science at George Washington University. Frame is the author of four prior books with Jossey-Bass, including the business bestseller Managing Projects in Organizations, Third Edition. He is a fellow of the Project Management Institute (PMI), where he received PMI's Outstanding Contribution Award and was named PMI's Person of the Year.
Bibliographische Angaben
- Autor: J. Davidson Frame
- 2012, 1. Auflage, 304 Seiten, Englisch
- Verlag: John Wiley & Sons
- ISBN-10: 1118221869
- ISBN-13: 9781118221860
- Erscheinungsdatum: 15.10.2012
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