Getting it Right: Avoiding the High Cost of Wrong Decisions, 1st Edition (Hardback) book cover

Getting it Right

Avoiding the High Cost of Wrong Decisions, 1st Edition

By Deborah C. Sawyer

CRC Press

240 pages

Purchasing Options:$ = USD
Hardback: 9781574442281
pub: 1998-11-17
$77.95
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Description

In the rush to make decisions, many business professionals overlook an invaluable resource… one that could mean the difference between overwhelming success and outrageous failure.

Readily available information is becoming the key factor behind better decision-making-especially as businesses prepare for the 21st century.

Getting it Right: Avoiding the High Cost of Wrong Decisions is the first book to link information and decision making as a single powerful tool. Drawn from Deborah C. Sawyer's 20+ years of research to support business decisions, she now invites readers to consider and learn decision-making strategies once known only to a few professionals.

Going behind the scenes, Sawyer leads you through a review of recent and past business decisions. Some were disasters-others were triumphs. In each case, Sawyer can show you where information would have prevented catastrophe-and how it ensured success.

Also noting the many situations that keep recurring in business and industry today, Getting it Right: Avoiding the High Cost of Wrong Decisions emphasizes that today's actions are tomorrow's consequences. Sawyer explains how information currently being ignored or excluded from decision-making will have a negative impact over the next 10 to 25 years.

Fortunately, Sawyer knows when a simple infusion of the right information can save companies a bundle. Let her experiences and observations empower you to build the same abilities-and make better decisions for now and the future!

Reviews

"…This is a book to get to your decision-makers, and particularly to some of those non-decision makers!"-John McGonagle, SCIP member

Table of Contents

Introduction: Why Business Has to Improve the Quality of its Decisions

The Coming Crisis in Decision-Making

The Knowledge Economy: How the Importance of Decision Making Will Increase

Introduction

Brains as Capital: One Half of the Equation

The Other Half: The Right Information at the Right Time

How Mistakes Occur: The Seven Deadly Sins of Decision-Making

Introduction

We Already Have All the Answers

Asking the Wrong Questions

Old Demon Ego

Flying By the Seat of Your Pants Saves Money- Doesn't It?

All Aboard the Bandwagon: If it Works for Them, It'll Work for Us

Hear No Evil

Hurry Up and Wait: No Decision Can be the Same as a Bad Decision

Information: The Key to Better Decisions

Introduction

Just What do We Mean by "Information?" And Where and How do We Find It?

How Do You Get Started? How do You Know When You Have Enough Information?

What to Do When You Don't Have Enough

How to Evaluate What You Have

Case by Case: The Anatomy of Everyday Business Decisions

Introduction

Should We Buy This Company?

Or Shall We Sell a Division?

Is This a Market to Enter?

Should We Stay or Should We Go? Market Exits Need Research, Too

Me-Too Buying Sprees: What Do We Really Need?

Who Should We Sell To: And What Can We Do About "The Ones That Got Away?"

Diversify or Die? Or is There a Third Option?

Who Do We Compete Against? And Can We Compete Against Them?

But Will They Buy? Decisions About New Product Launches

Protecting Your Career With the Right Decisions

Introduction

Better Information Equals Better Decisions

Do Your Homework-Then Act

He or She Who Hesitates-Too Much-Loses Their Job

Can You Ever Safely Make a Decision With Little or No Information?

Conclusion-Excellence in Decision- Making-The 21st Century Imperative

Subject Categories

BISAC Subject Codes/Headings:
BUS030000
BUSINESS & ECONOMICS / Human Resources & Personnel Management
BUS042000
BUSINESS & ECONOMICS / Management Science