Mastering Decision-Making in Business and Personal Life

This book offers a comprehensive and interdisciplinary approach to decision-making, synthesizing perspectives from psychology, business strategy, and system dynamics. Integrating real-world examples with structured decision-making frameworks, it makes complex concepts accessible and practical. The text uniquely bridges personal and professional decision-making, demonstrating their interconnectedness and the universal applicability of sound decision-making principles. Positioned within the literature on cognitive psychology, behavioral economics, and business management, it engages with ongoing debates on the role of cognitive biases, emotional influences, and the importance of structured decision-making processes in achieving sustainable outcomes.

Addresses a wide array of decision-making contexts, from personal finance and health to business strategy and leadership Presents the underlying psychology of decision-making, then explores methods to improve decision-making skills Offers frameworks for addressing contemporary decision-making challenges, such as risk management and strategic planning

Auteur

Hassan Qudrat-Ullah is a professor of decision sciences with the School of Administrative Studies at York University, Toronto, Canada. Hassan has over 20 years of teaching, research, industry, and consulting experience in the USA, Canada, Singapore, Norway, UK, Korea, China, Saudi Arabia, Latvia, Switzerland, Spain, and Pakistan. He is a well-known scholar in decision sciences, energy policy modeling, and system dynamics areas. He has authored and edited over 150 refereed publications including 23 books (including edited volumes), 43 journal articles, and numerous conference proceedings and presentations. In 2017, he won York University's Faculty of Liberal Arts and Professional Studies' Excellence in Research Award.

Contenu

Chapter 1: The Power of Decisions.- Part I: Understanding Poor Decision-Making.- Chapter 2: The Psychology Behind Bad Decisions.- Chapter 3: Common Pitfalls in Personal Decision-Making.- Chapter 4: Business Blunders.- Part II: Strategies for Better Decision-Making.- Chapter 5: Building Self-Awareness.- Chapter 6: Structured Decision-Making Processes.- Chapter 7: Information and Research.- Chapter 8: Risk Management and Contingency Planning.- Part III: Practical Tools and Techniques.- Chapter 9: Decision-Making Tools for Everyday Use.- Chapter 10: Group Decision-Making and Team Collaboration.- Chapter 11: Learning from Mistakes.- Chapter 12: Developing a Decision Making Mindset.