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
Montaigne's Essays
Nourishing Traditions
Intellectual Life in the Middle Ages
The Museum of Other People
The Smartest Guys In The Room
Tao of Philosophy
A Wrinkle in Time
Mathematics: Its Content, Methods and Meaning
You Can Be a Stock Market Genius
The Overview Effect
Hustle Harder, Hustle Smarter
All Over but the Shoutin'
Where Do School Funds Go?
Endure
The Captive Mind
To Kill a Mockingbird
The Razor's Edge
English Culture and the Decline of the Industrial Spirit, 1850-1980
The Visual Display of Quantitative Information
Guns, Germs, and Steel
The Ride of a Lifetime
Creative Selection
The Alchemist
The American Story
All I Want to Know is Where I'm Going To Die So I'll Never Go There
The Surrender Experiment
The Experience Machine
The God Delusion
Catching the Big Fish
A Guide To Econometrics
Hackers & Painters
The Unincorporated Man
Startup
The Origin of Species
The Wisdom of Crowds
Negotiating The Impossible
Rise of the Machines
The Bully Pulpit
Breaking Out of Beginner's Spanish
Rick and Morty Book Two
The New New Thing
Recapturing The Spirit Of Enterprise
The Art of Asking
The Selfish Gene
The Fountainhead
Dictionary of Untranslatables
The Book of Why
Central Banking 101
Command
Lights Out
War Nerd
The Essays of Warren Buffett
The Rational Optimist
Principles of Economics
The Humanure Handbook
P53
Digital Gold
The Advantage
The Inner Studio
Infrastructure
Foundation and Empire
A Practical Guide for Policy Analysis
Twilight of the Bombs
Energy Myths and Realities
Q.E.D.
The Act of Creation
How to Dress an Egg
The Heart
The Devil’s Financial Dictionary
Albert Einstein
Incognito
An Agricultural Testament
Mindfulness in Plain English
The Omnivore's Dilemma
Discourses on Livy
Last Chance to See
Filters Against Folly
Altars of Unhewn Stone
The Dog Stars
Eradication
Why Globalization Works
In Praise of Slowness
An Unquiet Mind
The Power To Compete
The Friction Project
A History of Knowledge
Seven Brief Lessons on Physics
Stalingrad
Skunk Works
We Learn Nothing
Automate This
Philosophy and Scientific Realism
The Amateur
Product Design for the Web
America's Cultural Revolution
Painting and Experience in Fifteenth-Century Italy
Very Good, Jeeves
The Kitchen Cookbook
Behind the Beautiful Forevers
The Power of Glamour