Cover image for Managerial Decision Making Leadership : The Essential Pocket Strategy Book.
Managerial Decision Making Leadership : The Essential Pocket Strategy Book.
Title:
Managerial Decision Making Leadership : The Essential Pocket Strategy Book.
Author:
Wang, Caroline.
ISBN:
9780470826133
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (152 pages)
Contents:
Managerial Decision Making and Leadership: The Essential Pocket Strategy Book -- Copyright -- Contents -- Preface -- Introduction -- The GPA IPO Framework -- Chapter 1: Decisions and Decision Making -- What Is a Decision? -- Who Is the Decision Maker? -- What Is Strategy? -- The Decision-Making Process -- Strategic and Operational Decisions -- A Widely Applicable Decision Framework -- Willing and Able-Quality Decisions -- Chapter 2: Decision-Making Traps -- The Anchoring Trap: Over-Reliance on First Thoughts -- The Status Quo Trap: Keeping on Keeping On -- The Sunk Cost Trap: Protecting Earlier Choices -- The Confirming Evidence Trap: Seeing What You Want to See -- The Framing Trap: Posing the Wrong Question -- Estimating and Forecasting Traps -- The Three Most Common Traps for Managers -- The problem-solving trap -- The dichotomy opportunity trap -- The pass-the-buck trap -- Chapter 3: GPA: G for Goal -- A Shared Goal and Interdependence for success -- Goal Quality -- Clear objectives -- Defined scope -- Conscious perspective -- Communicating the Goal -- Common Failures Regarding Goals -- Chapter 4: GPA: P for Priorities -- What Is a Priority? -- How Are Priorities Set? -- Having a baseline -- Performance gap or opportunity gap? -- Important, not urgent -- Matters of equal importance -- Importance is relative -- Common Failures in Setting Priorities -- Chapter 5: GPA: A for Alternatives -- The Importance of Alternatives -- Quality Alternatives -- Forced and Voluntary Innovation -- Encouraging Innovation -- Common Failures Regarding Alternatives -- Summary of GPA -- Chapter 6: IPO: O for Objective Reasoning -- What Is Objective Reasoning? -- How Do We Do Objective Reasoning? -- Common Failures in Objective Reasoning -- Chapter 7: IPO: I for Information -- Looking Back to Look Forward -- Information Collection That Wastes Corporate Resources.

Handling Unknowns -- Turning knowable unknowns into knowns -- Convert unknowns into potential risks and manage them -- Choosing reversible alternatives -- Ongoing Course Correction -- Common Failures in Information -- Chapter 8: IPO: P for People -- Decision Makers -- Supporters -- Participants -- Common Failures Regarding People -- Leadership Styles -- Matching leadership style to situation -- Effective decision-making leadership styles -- Chapter 9: Conclusion -- GPA Principles-Content Quality -- IPO Principles-Process Quality -- Bibliography -- Index -- End User License Agreement.
Abstract:
The modern manager faces a bewildering range of challenges every single day. Their ability to make critical decisions, often under pressure, can directly determine the future success of the company and their career. It is therefore surprising that so few managers take the time to learn the art of decision making. In this groundbreaking book from Caroline Wang, readers will learn that quality decision making is a competence that can be acquired according to a simple framework. The framework is practical and easy-to-remember, consisting of two acronyms: GPA and IPO. GPA for decision content quality (Goal, Priority, Alternatives); and IPO for decision process quality (Information, People, Objective reasoning). The book places emphasis on leading a team to make decisions, even though the framework can be used for personal and individual decisions. By using this common decision-making framework, managers and leaders will gain credibility and team support for the decision, will confidently articulate, promote, and defend the decision, and will have made the necessary preparations for successful implementation when the decision-making process is complete. This proven framework from one of Asia's most dynamic leadership experts will improve the quality of your decisions and change the way you do business.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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