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Vibrant Publishers

Decision Making Essentials You Always Wanted to Know

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Decision Making Essentials You Always Wanted to Know prepares new managers and leaders to make those tough decisions they face by providing them with a tool box of decision analysis techniques to help them understand and analyze the decisions they make.

  • Introduction to Decision Making
  • Scenario Planning and Prediction Markets
  • Group Mechanics
  • Heuristics and Programmed Decisions
  • Probability and Base Rate Neglect

Decision Making Essentials You Always Wanted to Know prepares new managers and leaders to make those tough decisions they face by providing them with a tool box of decision analysis techniques to help them understand and analyze the decisions they make.

The chapters describe key techniques of decision analysis, including:

  • Cognitive biases and Prospect Theory
  • Heuristics
  • Probability and Expected Value
  • Bayes Theorem
  • Multi-attribute decision making, including the SMART, Elimination by Aspects, and Even Swaps methods
  • Game Theory
  • Prediction Markets
  • Brainstorming and Groupthink
  • Black Swan Events.

Each chapter provides clear examples of the decision-making tools and includes practice examples to help train the reader in using these critical tools.

About the Series

Decision Making Essentials You Always Wanted to Know is part of the Self-Learning Management Series that helps working professionals moving into management roles. This Self Learning Management Series intends to give a jump start to working professionals, whose job roles demand to have the knowledge imparted in a B-school but haven’t got a chance to visit one. This series is designed to address every aspect of the business from HR to Finance to Marketing to Operations, be it any industry. Each book includes basic fundamentals, important concepts, standard, and well-known principles as well as practical ways of application of the subject matter. The distinctiveness of the series lies in that all the relevant information is bundled in a compact form that is very easy to interpret.

About the Author

Mark Koscinski is an assistant professor of accounting practice at Moravian College in Bethlehem, PA, where he teaches a graduate-level Decision Analysis class and several advanced accounting classes. He is a certified public accountant and holds a BA with high honors and an MBA from Rutgers University and a doctorate from Drew University. Prior to joining the faculty at Moravian College, Mark was a chief financial officer of various public and private organizations in the defense contracting, toy, investment banking, and banking industries. He has over forty years of experience in the business world and has supervised every operation of an organization including sales and marketing. Mark is passionate about sharing his knowledge with his students.  His background and experience give him a unique position to write on management topics that are easy to understand for non-MBA graduates.

Decision Making Essentials ... by Vibrant Publishers

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