The Art of Decisions: How to manage in an uncertain world (Financial Times Series) - Softcover

Blake, Chris

3.81

21 ratings by Goodreads

9780273710998: The Art of Decisions: How to manage in an uncertain world (Financial Times Series)

Softcover

ISBN 10: 0273710990 ISBN 13: 9780273710998

Publisher: Financial Times/ Prentice Hall, 2007

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Paperback. Pub Date :2008-07-09 Pages: 248 Language: English Publisher: Financial Times Prentice ... When you think about it. being a manager means constantly having to make decisions Who should you hire What should your budget be How. should you handle this project And even more critically. what should you do today Decision making is one of those core skills that is assumed but rarely taught. Yet it is a complex behaviour and understanding more about how we do it and how we can use more effective decision making techniques. will pay dividends in any managers day-to-day life.The Art of Decisions will ensure you have the skills to make better decisions every time. The book combines business case studies. lessons from poker. the learning from 500 years of probability and game theory. and decades of psychological research to convey powerful messages about decision making in bus...

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Review:

"log on to Amazon and buy this book. Blake puts his considerable experience to... skilfully dissext why we take decisions, the rules about making the best ones and why most people fail to take logical ones... Be decisive, do not let this little gem pass you by." - Human Resources, March 2008

"Whatever books you decide to read, a good decision would be to read this one" - Business Executive

� an honest account of the role of luck and judgement in management decision-making. It is about the art rather than the science of decision-making; letting go of the fable of certainty and managing effectively in a profoundly uncertain future. This is the key management skills for the 21st century. The Art of Decisions is an invaluable, mind-stretching and entertaining read.�

Sidney Callis, Business Executive

From the Back Cover:

"The book provides a broad spectrum look at how we make decisions, bringing to bear the internet bubble, poker, chess, neuroscience, game shows, and management theory to help illuminate the decision making process. A great tool for learning to make consistently better decisions."

Thomas Stubbs, Interactive Marketing IT Director, The Coca-Cola Company

�A strikingly honest account of the role of luck and judgement in management decision making � the art of knowing when to quit and when to raise the stakes. The connection between poker and business decisions is compelling and exhilarating."

Richard Balkwill, International Copyright and I.P. Consultant and Trainer

�The Art of Decisions challenges the traditional theories of decision making. Chris Blake skilfully blends together a mix of realism, business insight and poker theory in a way that even the most experienced manager in business will find beneficial. You will never make a decision in the same way again!�

Sue Stockdale, Founder of Mission Possible, author of Secrets of Successful Women Entrepreneursand polar explorer

Why will most people decline a �10 bet but many will risk their life savings in starting up their own business? How much information do you need to make a business decision? Why is it so difficult to shut down a failing project? Why is it often a mistake to assume past winners will be winners in the future too? Why were turtle burgers a flop? When should you fold your hand in poker? And what has poker got to do with business decision making anyway?

The Art of Decisionsis a fascinating investigation of the complex workings behind the decisions we all make. It is widely believed that, with enough knowledge, we can make a rational, objective decision, the �right� decision, which will get us the results we want. But, as Chris Blake reveals, business, like life, and like poker, is uncertain and full of risk � the right action doesn�t always get you the results you expected.

So how should managers decide in an uncertain world? What are the biases and errors that we all make in our decision making? And how can we use this knowledge to become better decision makers? Drawing on the secrets of psychology, poker and probability, the answers to these thought-provoking questions, and more, can be found in this stylish overview of the real art of decisions.

THE REALITY OF DECISION MAKING � AND HOW TO GET BETTER AT IT

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