Ebook Free Smart Choices a Practical Guide to Making Better Decision, by John S.; Keeney, Ralph L.; Raiffa, Howard Hammond
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Smart Choices a Practical Guide to Making Better Decision, by John S.; Keeney, Ralph L.; Raiffa, Howard Hammond
Ebook Free Smart Choices a Practical Guide to Making Better Decision, by John S.; Keeney, Ralph L.; Raiffa, Howard Hammond
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- Sales Rank: #600854 in Books
- Published on: 1999
- Binding: Hardcover
Most helpful customer reviews
1 of 1 people found the following review helpful.
Useful information that I never knew I needed
By splashgll
I needed this book for a college class and I was not really thrilled about having to buy it, however, this book was a pleasant surprise. This is a simple read that provides an easy explaination of the processes that one should go through when trying to make a decision. This book provides the tools to understand what your ultimate goal is and how to break down objectives and steps to reach that goal or make the tough decision with optimal benifits.
1 of 1 people found the following review helpful.
Pleasantly Surprised
By MT
Had to buy this book for a class of mine but I was pleasantly surprised that it contained interesting information. I don't like to make hasty decisions; I really dwell on a problem and all possible solutions and consider it from all angles. However, this process could take a very long time. This book really clarifies a structured way to make decisions as well as helpful tips.
8 of 8 people found the following review helpful.
Excellent book on decision making
By John Cain
Having read a few books on decision making, I believe this is the best one. Especially for those who are new to the process.
The author gives you an easy-to-use acronym to remember the process: PrOACT. I add URL to the end for Uncertainty, Risk, and Linked decisions.
Here are the highlights preceded by the chapter number:
2. Define problem.
3. Identify objectives.
4. Generate alternatives.
5. Lay-out consequences for each alternative.
6. Identify tradeoffs. Eliminate even swaps.
7. Identify possible uncertainties.
8. Take into account your personal risk tolerance.
9. Identify linked decisions.
10. Watch out for anchors. Be open-minded. Set aside sunk costs when making a decision; otherwise it will muddy your thinking. Frame questions well.
11. The art of good decision making lies in systematic thinking.
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