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
Machine Learning for Dummies
The Uterus Is a Feature, Not a Bug
Arctica
Something Incredibly Wonderful Happens
The History of Money
Triumph Of The City
The Transit of Venus
Alice's Adventures in Wonderland
Live Your Truth
The Story of Civilization: The Renaissance
The Economic Consequences of the Peace
A Short History of Financial Euphoria
The Sunday Philosophy Club
The Wealth of Nations
The Cost Disease
Rational Ritual
The Last Lecture
The Half-Life of Facts
Am I Being Too Subtle?
It's Garry Shandling's Book
The Fault in Our Stars
The Qur'an
Build The Life You Want
Right Thing, Right Now
The Gallic Wars
Means Of Ascent
The Warburgs
A Father First
Cosmos
The Dream Machine
Brute
The Reluctant Mr. Darwin
The New Leadership Literacies
No Bullshit Guide to Math and Physics
War Nerd
A Gentleman in Moscow
Tiny Habits
Warren Buffett
The Creative Society
Master Of The Game
Prime Movers of Globalization
Buddha's Brain
I Know Why the Caged Bird Sings
Too Dumb to Fail
Leapfrog
The Grid
The Serengeti Rules
A Thousand Splendid Suns
Catching the Big Fish
The Ascent of Money
Game Engine Black Book
How To Buy Stocks
The Art of Manipulation
Food and Nutrition
The Quiet American
Four Quartets
Netflixed
Notes From an Apocalypse
Prisoners of Geography
Awareness
Astrophysics for People In a Hurry
The Dice Man
The Happiness Hypothesis
The Upside of Inequality
The Fountainhead
The Individualists
Beyond Religion
Good Night, Little Bear
The Rape of Nanking
The Road
The Magic Of Reality
Swarm Troopers
Flying Start
The Money Game
Misbehaving
Not Zero
Homo Deus
The Tycoons
The Revolt of the Elites and the Betrayal of Democracy
Ultralight Backpackin' Tips
The Precariat
The Lives of the Artists
The Road to Serfdom
Life in the English Country House
Batman
Where Wizards Stay Up Late
Born Red
Gabriel Garcia Marquez
Way of the Warrior Kid 3
Buffett
Napoleon
Play It Away
Stalin's War
For A New Liberty
Radical Acceptance
Competition Demystified
Who We Are and How We Got Here
Nine Pints
Civilisation
Army Of None