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
Lake Success
Valuation
A Sound of Thunder and Other Stories
The Selfish Gene
Going Infinite
The Psychedelic Explorer's Guide
The Diversity Myth
The Upside of Stress
The Story of Civilization: Our Oriental Heritage
Joy on Demand
The Invisible Gorilla
The Inimitable Jeeves
Foundation and Empire
The Fry Chronicles
Win Bigly
Confessions of a Pricing Man
Statistical Models
Graphs, Maps, Trees
The Power Law
Nexus
Age Of Ambition
David Bowie
Man, Economy, and State
Lessons
Rick and Morty Book Four
Trump and Churchill
Big World, Small Planet
The Things They Carried
The Araboolies of Liberty Street
A Confederacy of Dunces
A Bold Return to Giving a Damn
Radical Acceptance
Principles
Coyote America
Good Profit
I Contain Multitudes
Posterity: Letters of Great Americans to Their Children
Alpha Girls
Lincoln at Gettysburg
Men, Machines, and Modern Times
How to Fail at Almost Everything and Still Win Big
1000 Ways to Make $1,000
A Matter of Degrees
The Passage of Power
Cry, The Beloved Country
Swallows and Amazons
The Four Obsessions of an Extraordinary Executive
The Creative Act
Unravelling the Double Helix
Lone Survivor
The Story of Design
The Complete Guide to Sales Force Incentive Compensation
Globalization and its Discontents
Three Blind Mice
These Truths
Aware
Getting to Yes
Die With Zero
Bet With the Best
Stealing Fire
Kingpin
A Short History of Myth
Walt Disney
Striking Thoughts
Inside Trump's White House
Walden
Prisoners of Geography
Wind, Sand and Stars
Infectious Generosity
How To Live
Edison
A Guide To Econometrics
A Cultural History of Physics
Joe Beef
Debt
March
Build
She Has Her Mother's Laugh
The Interpretation of Dreams
XKCD
The Fund
Nature Via Nurture
Happiness
Bull!
Eradication
Pippi Longstocking
Essentialism
My Stroke of Insight
Team of Teams
The Making of Europe
No Two Alike
The Essential Scratch and Sniff Guide to Becoming a Wine Expert
The Tartar Steppe
Skunk Works
Hail Mary
Value-added Measures in Education
American Nations
Moby Dick
Dictionary of Untranslatables
How An Economy Grows and Why It Crashes