PPT-Introduction to decision- making and error

Behavioral economics and consumer decisionmaking In this class we will learn that our decisionmaking processes might not be as perfect as we think And we will learn how to improve them Quick test of speed in answering. 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 . © 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?. If doctors can do it. .. .. . administrators can do it. ?. NVZD Voorjaarscongres – 4 Juni 2015 - . Nyenrode. . Exercise. Think about a decision you have been involved in . making. . This decision should be one which:. 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. Guidelines on Discerning . God. ’. s Will & Wisdom in Life. ’. s Decisions. Buck Anderson. Pastor, Leadership Development. Grace Bible Church. Biblical Decision-Making. The Usual Questions. Choice of college. 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. Entrepreneurship*. *(related to Glass Ceiling. ). Chapter Five. Copyright © 2011 by the McGraw-Hill Companies, Inc. All rights reserved.. McGraw-Hill/Irwin. Learning Objectives. LO1. Understand . the nature of . 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. DDDM. “The practice of basing decisions on the analysis of data rather than purely on intuition.”  Equally succinctly, data science “as the connective tissue between data-processing technologies (including those for . PLANNING: . Steps, Importance, Components. CO ORDINATION: . Importance. MANAGEMENT BY OBJECTIVES: . Advantages, MBE. MANAGEMENT INFORMATION SYSTEM: . Concept, Components. DECISION MAKING: . Techniques, Essentials, Impact Of Technology On Decision Making. .