PPT-Enhancing Decision Making

VIDEO CASES Video Case 1 FreshDirect Uses Business Intelligence to Manage Its Online Grocery Video Case 2 Business Intelligence Helps the Cincinnati Zoo Instructional Video 1 FreshDirect . Creativity, and Entrepreneurship. chapter seven. McGraw-Hill/Irwin. Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.. Learning Objectives. Understand the nature of managerial decision making, differentiate . SYSTEMS. Decision Support Software. Reasons for the growth of decision-making information systems. People need to analyze large amounts of information. People must make decisions quickly. People must apply sophisticated analysis techniques, such as modeling and forecasting, to make good decisions. © John Wiley & Sons Canada, Ltd.. Business Leadership: Management Fundamentals. John R. . Schermerhorn. , Jr. ., . Barry Wright, and Lorie Guest. Data. Raw facts and observations. Information. Data made useful for decision-making. Karl A. Smith. Engineering Education – Purdue University. Technological Leadership Institute/ STEM . Education Center/ Civil . Engineering . - University of Minnesota. ksmith@umn.edu - http. ://www.ce.umn.edu/~smith. Chapter 1. Introduction . to Managerial Decision Making. Copyright 2013 John Wiley & Sons. The Anatomy of Decisions. Judgments involve cognition.. Common decision situations:. How to select a post-MBA job?. Peter V. Lee. Executive Director National Health Care Policy, PBGH . Co-Chair, Consumer-Purchaser Disclosure Project. Foundation for Informed Medical Decision Making. Research and Policy Forum . January 28, 2010. Cognitive Neuroscience. David Eagleman. Jonathan . Downar. Chapter Outline. How Do We Decide What to Do?. The Predictably Irrational . Homo sapiens. Where Do Our Irrational Decisions Come From?. How the Brain Decides. Karl A. Smith. Engineering Education – Purdue University. Technological Leadership Institute/ STEM . Education Center/ Civil . Engineering . - University of Minnesota. ksmith@umn.edu - http. ://www.ce.umn.edu/~smith. Prepared For Supported Decision-Making . Webinar. March . 26, . 2014. Lana Kerzner. Barrister and Solicitor. Decision-Making ‘Players’. Individual decision-maker. Supporters of individual. Third parties – individuals who interact with the decision-maker. SYSTEMS. Decision Support Software. Reasons for the growth of decision-making information systems. People need to analyze large amounts of information. People must make decisions quickly. People must apply sophisticated analysis techniques, such as modeling and forecasting, to make good decisions. OODA. DECIDE. Automatic Decision-making. Internal and External Resources. Hans Baumgartner. Smeal College of Business, Penn State University. Transformative consumer research . (Mick 2006, p. 2). By transformative research we mean . investigations that . are framed . by a fundamental problem or opportunity. Statin Choice Decision Aid Share-Decision Making SCIP Shared Decision Making Shared Decision Making Glasziou and Haynes ACP JC 2005 Promote a process where patients and clinicians make a choice together. Unstructured. : Decision maker must provide judgment, evaluation, and insight to solve . problem. Structured. : Repetitive and routine; involve definite procedure for handling so they do not have to be treated each time as .