Judgment in Managerial Decision Making

Max Bazerman

Book Synopsis

"Judgment in Managerial Decision Making" by Max Bazerman is a comprehensive guide tailored for managers who seek to improve the quality of their decision-making processes. This book explores the psychological biases, cognitive errors, and individual factors that can often lead managers astray when making crucial decisions. Bazerman delves into the concept of judgment, highlighting the importance of understanding the rationality and limitations of human decision-making.

Throughout the book, Bazerman presents various frameworks and models that managers can employ to enhance their decision-making skills. He addresses topics such as the impact of intuition and emotions on judgments, the significance of ethical considerations, and the role of negotiation and influence in managerial decision-making. By examining real-life examples and studies, the author aims to provide readers with actionable insights and strategies to minimize biases and make more effective decisions.

Bazerman emphasizes the use of decision analysis and systematic problem-solving techniques to overcome cognitive limitations and improve judgment. He advocates for a holistic approach that considers both individual and organizational factors, enabling managers to make better decisions aligned with their long-term objectives. Furthermore, the book explores the ethical implications of managerial decisions and the importance of moral reasoning when faced with complex dilemmas.

"Judgment in Managerial Decision Making" offers practical advice and guidance for managers at all levels, equipping them with the necessary tools to make rational, informed decisions. By acknowledging the inherent limitations of human judgment and implementing evidence-based approaches, managers can minimize errors and improve the outcomes of their decision-making processes. This book serves as a valuable resource for those seeking to enhance their decision-making skills in both professional and personal contexts.

Explore More Books

See All
The Snowball
Bitcoin Billionaires
The Lizard King
Hug Your Haters
Siddhartha
Hackers and Painters
Billy Martin
The Innovator’s Solution
The Robert Collier Letter Book
Hunger of Memory
Reboot
The Path to Love
One Summer
Sexual Personae
The Gift of Adversity
Limping on Water
Adultery
Genius
San Fransicko
The Stopwatch Gang
The Wisdom of Life
Seeing Serena
Bad Blood
Consciousness Medicine
The Old Way
Ender's Shadow
Hell Yeah or No
The Contrary Farmer
The Evolution of Everything
Generations
The Printing Revolution in Early Modern Europe
Fauna & Family
Being You
Understanding Michael Porter
American Kingpin
The Muqaddimah
My Brother Ron
Farsighted
Ghost Fleet
Shook One
Getting Real
Good Calories, Bad Calories
Capital In The 21st Century
Conscious Business
Simon the Sea Cat
The Opposing Shore
The Accidental Universe
The Cost Of Hope
The Complete Calvin and Hobbes
Superhuman
The Woman I Wanted to Be
A Great Leap Forward?
BLITZ
The Case Against Sugar
How Trump Is Making Black America Great Again
Charged
The Discovery of France
The Undercover Economist
Naked Statistics
Lights Out
The Most Powerful Idea In The World
The Startup Community Way
Born Red
Getting Better
Concorde
How We Got To Now
Ending the War on Drugs
Self-Made Success
Sell with a Story
Darwin's Blind Spot
Trust Me, I'm Lying
On Writing
Sourdough Culture
Orwell's Revenge
The Halo Effect...
The Paleo Solution
Titan
Learned Optimism
Modelling Extremal Events
Delivering Happiness
The Three Marriages
A Shot To Save The World
The Great Revolt
The Prophet
On The Move
The Wages of Guilt
The Smartest Guys In The Room
Losing The Signal
The TB12 Method
Civilized to Death
The Kill Chain
The Sum of Us
Working in Public
Fallen Leaves
The Vital Question
The Wealth and Poverty of Nations
Job Stacking
The Alchemy of Air
Zorba the Greek
Modern Engineering for Design of Liquid Propellant Rocket Engines