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
The Trap
The Amber Spyglass
The Columbian Exchange
Mindfulness
With All Due Respect
Information
Ford vs. Ferrari
San Fransicko
Influence
The Transit of Venus
Physics of the Impossible
Other People's Money
The Art Of Doing Science And Engineering
Game of Thorns
Facing Codependence
Freakonomics
Bitcoin
Son of the Morning Star
Heaven on Earth
Lenin
The Gray Lady Winked
Self Belief
The Reluctant Mr. Darwin
Seeker
One of a Kind
Stuff and Nonsense
The Golden Trade of the Moors
Farsighted
The German Generals Talk
Zen Mind, Beginners Mind
The World That Wasn't
Search Inside Yourself
Blink
Chapterhouse: Dune
The Upside of Inequality
Be Here Now
The Great Gatsby
Nonviolent Communication
United States of Socialism
First Friends
Lean In
The Writing Life
How To Live
Putin's Kleptocracy
Job Stacking
Life in the English Country House
Private Truths, Public Lies
Save The Cat!
Adultery
If The Universe Is Teeming With Aliens...Where Is Everybody?
Rock On
We Are The Nerds
Marc's Mission
The Story of Civilization: The Age of Reason Begins
I Will Teach You To Be Rich
Sex, Ecology, Spirituality
The Book of Nothing
The Last Lecture
Ice Age
Home Economics
Opportunity Knocks
History of the World
Value Investing
Not Fade Away
Nixonland
Ponzi's Scheme
Necessary Dreams
Fleishman Is In Trouble
The Spy and The Traitor
Hoover Dam
One Monster After Another
Count Down
Of Wolves and Men
The Cost Of Hope
The Things They Carried
Alchemy
Execution
The Bottomless Well
Blitzscaling
Thinking with Type
The Book of Life
Certain To Win
Just Mercy
V for Vendetta
The River of Doubt
The Paris Architect
The Heart
The Madness of Crowds
Living With A SEAL
Four Quartets
Gay Like Me
Common Stocks and Uncommon Profits
Diocletian and the Roman Recovery
COAN
Ready Player One
Look to Windward
Hamlet
The Storm of Steel
Whiplash
The Sovereign Individual