Chapter 4 - Decisions vs. Problems

Mai multe ca aceasta

Leadership mindmap

după Samantha Becker

Heat Waves

după Liam Hartman

The effects of Brain Cancer

după Savannah Kolles

The Seven Years War

după Massimo Cantanna

Chapter 4 - Decisions & Problems

Decision-Making

assessing risk when weighing outcomes (IF this happens, THEN we'll do x)

what-if scenarios appropriate

strategizing, looking ahead to maximize utility with decision outcome

making choices under conditions of scarcity

limited time, budget, resources

Problem Solving

could be unknown risk/surprise

non-programmed decision-making: what do we do now?

could be known/anticipated risk

programmed decision: follow the plan

mitigating risk - still have to live with outcomes of decisions