Bending the Law of Unintended Consequences: A Test-Drive Method for Critical Decision-Making in Organizations...

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Richard M. Adler

Bending the Law of Unintended Consequences

A Test-Drive Method for Critical Decision-Making in Organizations

Richard M. Adler

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English

Springer Nature Switzerland AG
11 February 2021

Occupational & industrial psychology; Business strategy; Management decision making; Operational research; Organisational theory & behaviour

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.

By: Richard M. Adler
Imprint: Springer Nature Switzerland AG
Country of Publication: Switzerland
Edition: 1st ed. 2020
Dimensions: Height: 235mm, Width: 155mm,
Weight: 504g
ISBN: 9783030327163
ISBN 10: 3030327167
Pages: 304
Publication Date: 11 February 2021
Audience: Professional and scholarly , Undergraduate
Format: Paperback
Publisher's Status: Active

Chapter 1. Critical decisions.- Chapter 2. The Law of Unintended Consequences (LUC).- Chapter 3. Psychology of Critical Decision-Making.- Chapter 4. Rational Decision-Making.- Chapter 5. Defending Your Critical Decisions…Against You.- Chapter 6. BI, Analytics, and Their Discontents.- Chapter 7. Tools of the Decision Support Trade.- Chapter 8. Test Drive Your Critical Decisions.- Chapter 9. Competitive Marketing Strategy.- Chapter 10. Disruptive Growth.- Chapter 11. Managing Enterprise Risk.- Chapter 12. Enabling Organizational Change.- Chapter 13. Pragmatics.- Chapter 14. Conclusions.

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.