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MSLOC Northwestern University

How Managers Approach Strategic Decisions: Think, See or Do? :: Master's in L... - 0 views

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    By Bea La O', MSLOC 2014 Capstone Research "This study seeks to understand how managers make strategic decisions through the lens of three approaches proffered by Mintzberg and Westley (2001): "think-first," procedural rationality, "see-first," insight and intuition, and "do-first," sensemaking. Through interviews with six leaders on strategic decision issues that range from changing the growth strategy of a large healthcare firm to redefining the talent management framework of a large quick service restaurant company, the study finds managers switch between the three approaches over the course of considering a decision issue. It also finds managers manage the inherent tension between "thinking-first," "seeing-first," and "doing-first," and socialize decision issues with stakeholders using "think-first," procedural rationality, and "do-first," sensemaking. "
MSLOC Northwestern University

Thinking: The New Science of Decision-Making, Problem-Solving, and Prediction by Mr. Jo... - 0 views

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    Recommended by Ryan Smerek, MSLOC Faculty Book Description: Unlock your mind From the bestselling authors of Thinking, Fast and Slow; The Black Swan; and Stumbling on Happiness comes a cutting-edge exploration of the mysteries of rational thought, decision-making, intuition, morality, willpower, problem-solving, prediction, forecasting, unconscious behavior, and beyond. Edited by John Brockman, publisher of Edge.org ("The world's smartest website"-The Guardian), Thinking presents original ideas by today's leading psychologists, neuroscientists, and philosophers who are radically expanding our understanding of human thought. Daniel Kahneman on the power (and pitfalls) of human intuition and "unconscious" thinking * Daniel Gilbert on desire, prediction, and why getting what we want doesn't always make us happy * Nassim Nicholas Taleb on the limitations of statistics in guiding decision-making * Vilayanur Ramachandran on the scientific underpinnings of human nature * Simon Baron-Cohen on the startling effects of testosterone on the brain * Daniel C. Dennett on decoding the architecture of the "normal" human mind * Sarah-Jayne Blakemore on mental disorders and the crucial developmental phase of adolescence * Jonathan Haidt, Sam Harris, and Roy Baumeister on the science of morality, ethics, and the emerging synthesis of evolutionary and biological thinking * Gerd Gigerenzer on rationality and what informs our choices
MSLOC Northwestern University

Learning from Bad Decisions in "Disaster Lit" - Harvard Business Review - 0 views

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    11/04/2013 by Dan McGinn Shared by Claudia Richman, MSLOC Student, on Twitter - @claudiarichman
MSLOC Northwestern University

Retaining Talent? Money is not the answer * Evolving Strategies - 0 views

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    Written by Peggy Troyer, MSLOC Alumna March 18, 2014 "One of my responsibilities, as my company's Human Resource Partner, is to help managers make the right decisions on how they should reward their employees during our annual compensation review cycle. Over the years, a common assumption my managers may come to me for advice is, "How could anyone stay motivated to work if I don't give them a raise? Everyone must get something or they will surely leave." Is there more to a job than just money? Lately the people who have been awarded 5-8% pay increases have been the ones to leave our organization. In one recent exit interview, a high-performing employee said, "For some reason, I get paid exceedingly well for what I do, and though it was nice, I just didn't understand why the company won't use the money to hire more help." Interestingly, why do people still make the decision to stay with an organization after receiving no increase, while others leave after receiving an 11% increase in compensation and rave reviews?"
MSLOC Northwestern University

Why Good Managers Are So Rare - Randall Beck , and James Harter - Harvard Business Review - 0 views

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    Shared by Brynn Harrington, MSLOC alumna, on Twitter "Gallup has found that one of the most important decisions companies make is simply whom they name manager. Yet our analysis suggests that they usually get it wrong. In fact, Gallup finds that companies fail to choose the candidate with the right talent for the job 82% of the time. Bad managers cost businesses billions of dollars each year, and having too many of them can bring down a company. The only defense against this massive problem is a good offense, because when companies get these decisions wrong, nothing fixes it. Businesses that get it right, however, and hire managers based on talent will thrive and gain a significant competitive advantage."
MSLOC Northwestern University

Mastering Team-Based Decision Making | LinkedIn - 1 views

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    Author: Lex Sisney Date: April 17, 2014 Shared by: Andee Weinfurter, MSLOC student In a previous post I shared that every business has mass, which is a measure of its resistance to change. The challenge in getting an organization to change direction is the fact that its mass isn't neatly self-contained. Rather, it's scattered throughout its people, systems, structures, and processes - and the collective inertia causes resistance to change. In order to get the organization to execute on its strategy, you've got to get the mass contained and headed in one direction.
MSLOC Northwestern University

Does Intuition Affect Decisions? | LinkedIn - 0 views

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    Author: Daniel Goleman March 12, 2014 Shared by: Justin Jacques, MSLOC Alum
MSLOC Northwestern University

Retaining Talent? Money is not the answer * Evolving Strategies - 0 views

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    Author: Peggy Troyer (MSLOC Alum) Date: NA Shared by: Sandy Schwan (MSLOC Alum), on Evolvong Strategies blog Is there more to a job than just money? Lately the people who have been awarded 5-8% pay increases have been the ones to leave our organization. In one recent exit interview, a high-performing employee said, "For some reason, I get paid exceedingly well for what I do, and though it was nice, I just didn't understand why the company won't use the money to hire more help." Interestingly, why do people still make the decision to stay with an organization after receiving no increase, while others leave after receiving an 11% increase in compensation and rave reviews?
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