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Decision Analysis for Managers by David Charlesworth

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Preface

Everybody has to make decisions—they are unavoidable. Yet we receive little or no education or training on how to make decisions. Business decisions can be difficult: which people to hire, which product lines or facilities to expand and which to sell or shut down, which bid or proposal to accept, which process to implement, how much R&D to invest in, which projects should receive the highest priority and which should be deferred, and so on. Even if you make the correct decision, you still have to get buy-in and commitment from your team, upper management, other managers, and key stakeholders to successfully implement the decision.

Personal decisions can be even more difficult: which college to attend, who to date, who to marry, which ...

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