Managers in organisation have to make rational decisions. Being the opposite of intuitive decision making, rational decision making is a strict procedure utilising objective knowledge and logic. It involves identifying the problem to solve, gathering facts, identifying options and outcomes, analysing them, considering all the relationships, and selecting the decision. Rational decision-making requires support: methods and software tools. The identification of the problem to solve needs methods that would measure and evaluate the current situation. Identification and evaluation of options and analysis of the available possibilities involves analysis and optimisation methods. Incorporating intuition into rational decision-making needs adequate methods that would translate ideas or observed behaviours into hard data. Communication, observation, and opinions recording is hardly possible today without adequate software. Information and data that form the input, intermediate variables and the output must be stored, managed, and made accessible in a user-friendly manner. Rational Decisions in Organisations: Theoretical and Practical Aspects presents selected recent developments in the support of the widely understood rational decision making in organisations, illustrated through case studies. The book shows not only the variety of perspectives involved in decision-making, but also the variety of domains where rational decision support systems are needed. The case studies present decision-making by medical doctors, students and managers of various universities, IT project teams, construction companies, banks, and small and large manufacturing companies. Covering the richness of relationships in which the decisions should and have to be taken the book illustrates how modern organisations operate in chains and networks and they have multiple responsibilities, including social, legal, business, and ethical duties. Nowadays, managers in organisations can make transparent decisions and take into account a multitude of stakeholders and their diverse features, incorporating diverse criteria, using multiple types and drivers of information and decision-making patterns, and referring to numerous lessons learned. As the book makes clear, the marriage of theoretical ideas with the possibilities offered by technology can make the decisions in organisations more rational and at the same time more human.

Book Information
ISBN 9780367467746
Author Frederic Adam
Format Hardback
Page Count 392
Imprint CRC Press
Publisher Taylor & Francis Ltd
Weight(grams) 178g