Bending the Law of Unintended Consequences
ISBN:
978-3-03-032716-3
Auflage:
1st ed. 2020
Verlag:
Springer International Publishing
Land des Verlags:
Schweiz
Erscheinungsdatum:
11.02.2021
Format:
Softcover
Seitenanzahl:
304
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This title provides managers, executives and other professionals with an innovative method for critical decision-making. The book explains the reasons for decision failures using the Law of Unintended Consequences. This account draws on the work of sociologist Robert K. Merton, psychologists Amos Tversky and Daniel Kahneman, and economist Herbert Simon to identify two primary causes: cognitive biases and bounded rationality. It introduces an innovative method for “test driving” decisions that addresses both causes by combining scenario planning and “what-if” simulations. This method enables professionals to learn safely from virtual mistakes rather than real ones. It also provides four sample test drives of realistic critical decisions as well as two instructional videos to illustrate this new method. This book provides leaders and their support teams with important new tools for analyzing and refining complex decisions that are critical to organizational well-being and survival.
Schlagwörter
Daniel Kahneman
Herbert Simon
Amos Tversky
Rational Decision Making
Modeling Transformational Change
ForeTell Software
Modeling and Simulating Critical Decisions
DecisionPath
Decision Lifecycle
Decision Test-Drives
Psychology of Critical Decision Making
Robert K. Merton
Law of Unintended Consequences
decision strategy
Critical Decision-making
Biografische Anmerkung
Richard M. Adler is Founder and President of DecisionPath (USA), where he creates advanced decision support solutions for diverse problems including competitive marketing, counter-terrorism strategy, and enabling organizational change. He has more than three decades of experience building software tools and applications to automate and improve business operations and critical decision-making. Richard has published on topics including intelligent and distributed systems, simulation, homeland security, and knowledge management.
