January 2016
Intermediate to advanced
480 pages
130h 6m
English
Content preview from Organizational Behavior, 17eBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Decision Making in Organizations
4 Contrast the rational model of decision making with bounded rationality and intuition.
Business schools train students to follow rational decision-making models. While such rationalistic models have merit, they don’t always describe how people make decisions. OB improves the way we make decisions in organizations by addressing the decision-making errors people commit in addition to the perception errors we’ve discussed. First, we describe some decision-making constructs, and then outline a few of the most common errors.
The Rational Model, Bounded Rationality, and Intuition
In OB, there are generally accepted constructs of decision making each of us employs to make determinations: rational decision making, bounded ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.