A Professional's Guide to Decision Science and Problem Solving: An Integrated Approach for Assessing Issues, Finding Solutions, and Reaching Corporate Objectives - Hardcover

Tillman, Frank A.; Cassone, Deandra T.

Hardcover

ISBN 10: 0132869780 ISBN 13: 9780132869782

Publisher: Financial Times/ Prentice Hall, 2012

Synopsis

A Professional's Guide to Decision Science and Problem Solving provides an integrated, start-to-finish framework for more effective problem solving and decision making in corporations. Drawing on vast experience in the field, the authors show how to apply state-of-the-art decision science, statistical modeling, benchmarking, and processing modeling techniques together to create a robust analytical framework for better decision making in any field, especially those that rely on advanced operations management. They integrate both newly-developed and time-tested techniques into a logical, structured approach for assessing corporate issues, developing solutions, and making decisions that drive the successful achievement of corporate objectives. Coverage includes: defining objectives, exploring the environment; scoping problems and evaluating their importance; bringing data mining and statistical analysis to bear; solving problems and measuring the results; evaluating the results and performing sensitivity analysis, and more. The book concludes with three case study chapters that walk through the effective use of its methods, step-by-step. Representing a wide variety of corporate environments, these case studies underscore and demonstrate the method's exceptional adaptability. This book will be valuable in a wide range of industries, notably finance, pharmaceutical, healthcare, economics, and manufacturing.

About this title

About the Author

Frank  A. Tillman  has had  a varied and  full career  teaching and doing research in academia for more than 30 years, starting and managing two consulting firms, IBES,  Inc.  (government  agencies) and HTX International,  Inc. (private firms), and developing com- mercial and residential real estate. He served as department head at Kansas State University for more than 20 years where he published 50+ professional articles, published two books, and advised a number of M.S. and Ph.D. theses candidates. This book is a compilation of his consulting experiences noting which approach works best to solve real problems that result in solutions that can be implemented.

Deandra T. Cassone  currently teaches as an adjunct professor at Missouri University of Science and Technology in its graduate sys- tems engineering  program and is in management  at a Fortune  100 company. She has spent more than 25 year in the industry, serving in consulting,  technical,  and  management  roles.  Her  interests  lie in building structured decision-making models that encompass the application of the concepts in this book. She has also submitted  and been awarded a number of business process patents.

From the Back Cover

A Powerful Roadmap for Making Decisions That Optimize Performance―Every Time

This professional reference combines the best decision science models and tools to deliver a time-tested approach to problem solving and decision making in corporations. The authors draw from their decades of experience in decision science and operations management, giving professionals a field-tested model for making decisions that meet corporate objectives in businesses that rely on process and operations management.

Their paradigm combines both new and classic techniques into an integrated approach for assessing issues, developing solutions, and making decisions that drive organizational success.

COVERAGE INCLUDES:

• Defining objectives
• Exploring the environment
• Determining the scope of the problem
• Applying data mining and statistical analysis
• Selecting and executing solutions
• Measuring and evaluating results and more

Case study chapters walk through the effective use of the authors’ framework in diverse corporate environments and demonstrate its exceptional adaptability.

Edition details

• Publisher: Financial Times/ Prentice Hall
• Publication date: 2012
• Language: English
• ISBN 10: 0132869780
• ISBN 13: 9780132869782
• Binding: Hardcover
• Edition number: 1
• Number of pages: 280