Item description for Management Decision Theory: Managing Pragmatically by Howard Flomberg...
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.
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Est. Packaging Dimensions: Length: 9.8" Width: 6.7" Height: 0.4" Weight: 0.65 lbs.
Release Date May 15, 2007
Publisher University Readers
ISBN 1934269018 ISBN13 9781934269015
Reviews - What do customers think about Management Decision Theory: Managing Pragmatically?
Humanizing the Office Jul 27, 2008
Flomberg's book brings a great sense of humor into the work place and turns theory into everyday language that is immediately applicable. And best of all, it works!
Poor Writing and bad editor Jan 2, 2008
To write a book that is intended to be used in a college classroom setting one, Howard Flomberg in this case, needs to understand what it is that they are trying to teach using the book. I am convinced that after reading this book it is more likely the reader has less brain cells and a lower IQ. The author needs to review their direction of writing to make sense as well as check and double check all numeric references given in examples and problems to ensure the readers can obtain the correct and understandable solutions, something that is currently not possible.
A great book on Decision Theory May 25, 2007
Reviewed by Dr. Kamran Sahami, Department of Physics, Metropolitan State College of Denver, Colorado, on May 25, 2007.
Howard Flomberg's "Management Decision Theory - Pragmatically Speaking" is a concise and clearly written book that tackles some of the most important and topical subjects in Decision Theory. Its direct and colloquial style, along with its many examples and case studies, demystify such complex topics as Bayes Theorem, Games Theory, Queuing Theory, and the Delphi Model.
Flomberg's continual focus on making this material accessible to a wide range of readers sets this text apart from many others in the field.