Howard Flomberg | Akateeminen Kirjakauppa

Howard Flombergs Management Decision Theory discusses the two broad classifications of decision theoryQualitative and Quantitativeand presents a set of decision analysis tools from both these categories that can be applied on the job without a preconceived notion of which category excels over the other. While Quantitative decision theory is based on management science and uses tools such as statistics and applied mathematics to identify the pros and cons of a potential decision, Qualitative decision theoryon the other handoriginates from social sciences and uses qualitative approaches to problems of effective decision making at the workplace. Flomberg aptly summarizes with the straightforward example of two carpenters debating over the relative merits of two different screwdrivers to be used to accomplish a task. According to Flomberg, which one of the two screwdrivers would prove to be a superior tool should be guided not by the screwdrivers themselves but in reality by the screw that needs to be driven. Management Decision Theory presents a virtual toolbox of both quantitative and qualitative tools that can be used to apply theory to real-life situations on the job. Some of the tools that will be covered are: Bayes Theory, Games Theory, and The Delphi Method. With more than 30 years of experience in the Management of Computer Information Systems industry, Flomberg has expressed his pragmatic ideas in this text with enlightening results.