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 Scout Mindset
The British Are Coming
The Great Convergence
The Decline and Fall of the Roman Empire
The Power To Compete
Fear and Loathing in Las Vegas
Competitive Strategy
Blink
Believe Me
Idoru
No Ordinary Time
Hard Landing
The Status Syndrome
Open
Common Stocks and Uncommon Profits
The Complete Stories
Mao
Contrarian Investment Strategies
Andy Goldsworthy
Kill It With Fire
Queen of Fashion
Joy on Demand
Leadership and Self-Deception
Upheaval
Atlas Shrugged
Debt
Status Anxiety
Exponential Organizations
Fortitude
Dataclysm
The Godfather
The Blazing World
Tribe
Lost in Shangri-La
Dear Leader
Seeker
Awakening Joy
Stalingrad
The God Delusion
The Gene
Revolution in The Valley
Iacocca
The Little Book of Common Sense Investing
The World That Wasn't
Lasker's Manual of Chess
Thai Stick
The Lights in the Tunnel
Prosperity
Against Empathy
The Constitutional Convention
The World For Sale
Walk in Their Shoes
The Ultimate Resource 2
The Future Is Faster Than You Think
Shadow Divers
Wake Up to the Joy of You
The Story of Civilization: The Age of Faith
The Yellow Pad
The Line Becomes a River
One Summer
Ender's Game
The Peacemaker's Code
The Rise of Superman
Value-added Measures in Education
Without a Doubt
Consolations
The Storytelling Animal
Dune Messiah
The New One
The Tyrrany of Guilt
The Man Who Solved The Market
The Origin of Consciousness in the Breakdown of the Bicameral Mind
The Idea Factory
The Adventures of Tom Sawyer
The Undoing Project
The Red Decade
Stumbling on Happiness
Midnight In Chernobyl
Patient Capital
Destined For War
Oscar
The Yoga Sutra of Patanjali
Delivering Happiness
The Bottomless Well
I Heard God Laughing
My Inventions
If I Could Tell You Just One Thing
The Making of a Philosopher
The Rise and Fall of the Great Powers
The Laws of Thermodynamics
Ham on Rye
The Legend of Henry Ford
Francis Crick
The One Sentence Persuasion Course
The New Science of Strong Materials
Rise of the Robots
1984
Einstein's Mistakes
Losing The Signal
The Watchman's Rattle