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Tag Archives: decision making
Management by Fuzzy: Decision-Making in Environments of Ambiguity, Uncertainty– Tough Decisions with Fuzzy Logic
In the world of fuzzy logic, two statements can be both true– even though they contradict each other. Humans have a remarkable capability to reason and make decisions in an environment of uncertainty, imprecision, incompleteness… of information. Fuzzy logic is … Continue reading
Posted in Uncategorized
Tagged business, business planning, decision making, fuzzy logic, innovation, management, organizations, strategic planning, strategy
242 Comments
Thinking Can Ruin Your Business…. Stop Over-Thinking and Start Doing!: Avoid Paralysis by Analysis
Over-analyzing (or over-thinking) a situation… treating the decision as over-complicated… seeking the ‘optimal’ or ‘perfect’ solution; these are all victims of paralysis by analysis. Thinking too much or thinking too little can have an enormous impact on the outcome of a … Continue reading
Posted in Uncategorized
Tagged decision making, decision paralysis, management, paralysis by analysis
534 Comments
Comparing Global Decision Making Styles: U.S., China, Japan, Europe, Germany, U.K… Middle East…
Informed decision making comes from a long tradition of guessing and then blaming others for inadequate results. ~Scott Adams Globalization creates a need to know how managers in different parts of the world make decisions: Business leaders, globally, have a … Continue reading
Posted in Uncategorized
Tagged business, deal maker, deal making, decision makers, decision making, international business, management, strategy
887 Comments
Extreme Methodologies for Group Decision Making, Problem Solving, and Consensus Building: “Brainstorming, Delphi Method, Nominal Group Technique (NGT)…”
“For any business, group, or organization to function effectively, it must make decisions that are in the best interest of the entity: How should those decisions be made? –Consensus? Voting? One-person rule? Secret ballot?” Consensus building is a recognized method … Continue reading
Posted in Uncategorized
Tagged decision making, decisons, executives, leadership, management, problem solving
790 Comments