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 New Leadership Literacies
Healing
Foundation and Earth
Clocks and Culture
The Rosie Project
My Stroke of Insight
The Last Lion
The Odyssey
Faraday, Maxwell, and the Electromagnetic Field
Beyond Religion
Prepared
Getting Better
Setting The Table
Eating to Extinction
No Filter
Limitless
Mountains Beyond Mountains
How Asia Works
The Journey of Crazy Horse
Siddhartha
Harvesting the Biosphere
The Origin of Consciousness in the Breakdown of the Bicameral Mind
A Matter of Degrees
Systems Medicine
Democracy In America
The Fear Book
The Razor's Edge
On Drugs
Liberating Learning
Contrarian Investment Strategies
Farmer's Progress
Your Dad Stole My Rake
The Conquest of Gaul
Wild
Justice on Trial
A Hall of Mirrors
Slow Sex
An Everyone Culture
The Feynman Lectures on Physics
Trick Mirror
The Death and Life of Great American Cities
The Captive Mind
The Only Investment Guide You'll Ever Need
The Vital Question
Silently Seduced
The Story of Civilization
Genghis Khan and the Making of the Modern World
The Fear Factor
Jesse Livermore - Boy Plunger
Conspiracy of Fools
Super Mind
Thus Spoke the Plant
Einstein's Dreams
Representing Talent
If I Could Tell You Just One Thing
Good Calories, Bad Calories
Catch-22
Bad Blood
The Startup Community Way
Chasing Hillary
Women
Deep Learning
The Elements of Statistical Learning
Soon I Will Be Invincible
Making The Modern World
The Price of Tomorrow
The Act of Creation
BLITZ
The Mathematics of Politics
To Rule the Waves
Six Not-So-Easy Pieces
The Revolt of the Elites and the Betrayal of Democracy
Business Adventures
The City In History
Man, Economy, and State
A Good Man
Thai Stick
Explaining Social Behavior
The Oz Principle
The Story of Civilization: The Age of Louis XIV
The Fund
A Universe From Nothing
An Immense World
Intellectuals and Society
Naked Statistics
The Psychology of Intelligence Analysis
An Agricultural Testament
Deiter Rams
The Art of Manipulation
Longitude
A Cure for the Common Company
Applied Minds
Infinite Powers
The White Album
Valuation
The Unsettling of America
The Paleo Solution
We Learn Nothing
What You Do Is Who You Are
The Goal