Decisions over decimals : striking the balance between intuition and information /: striking the balance between intuition and information. (2022)

• Record Type: Book
• Further Information: Note: Christopher J. Frank, Paul F. Magnone, Oded Netzer.
• Authors: Frank, Christopher J; Magnone, Paul F; Netzer, Oded
• Contents: Preface Prologue: The Certainty Myth Quantitative Intuition (QI) Why Combine Quantitative Analysis with Intuition Biases from Working Intuitively Biases from Working with Data Chapter 1: Powerful Questions Road to Powerful Questioning Precision Questioning The Power of Precision Questions Building an Inquisitive Team Culture The Smartest Person in the Room Key Learnings from Powerful Questions Chapter 2: Framing the Problem IWIK: A Tool for Reasoning The IWIK Process Framing the Decision Key Learnings from IWIKs Chapter 3: Working Backward to Move Forward Defining the Problem by Working Backward Step 1: Create a Decision Tree Step 2: Write the Blueprint of Your Delivery Using IWIKs Step 3: Reverse Engineer Your Data and Analysis Map Harnessing Inside- versus Outside-of-the-Box Thinking Working Backward: Taking the Road Less Traveled Key Learnings from Working Backward from a Decision Chapter 4: Learning to Become a Fierce Data Interrogator Part 1: Assessing the Data and Its Reliability What Data Was Collected? What Data Am I Not Seeing? Can I Trust the Data and Analyses? Part 2: Putting the Data in Context Part 3: Pressure Testing Your Analysis Key Learnings from Learning to Become a Fierce Data Interrogator Chapter 5: Developing Intuition: The Power of Approximation The Power of Approximations: Approximating Market Sizing Learning to Approximate Approximating in Practice Why Guesstimation Works Getting Comfortable with Approximations Consider Approximation in Context Statistical Significance Doesn’t Mean Managerial Relevance Guesstimation in the QI Framework Key Learnings from Learning to Approximate Chapter 6: From Analysis to Synthesis: Connecting the Dots What Is Synthesis? Make Your Bottom Line Your Top Line Why Is Synthesis Hard? How Do We Encourage Synthesis? Moving from “What?” to “So What?” and “Now What?” Key Learnings from Synthesis: Connecting the Dots Chapter 7: The Decision Moment Dimensions of the Decision Moment The First Two Dimensions: Time and Risk The Third Dimension: Trust Striving for Measurement across Time, Risk, and Trust Allocating Time Measuring Risk Measuring Trust Reversibility and the Decision Moment Navigating Ambiguity and Uncertainty From IWIKs to Decisions Key Learnings from the Decision Moment Chapter 8: Delivering the Decision The Story Arc in Decision-Making Inner Voice and External Reality Inform versus Compel Key Learnings from Delivering the Decision Chapter 9: Chasing the Decision Why We Wind Up Chasing the Decision Strategy 1: Create the Case for the Decision Strategy 2: Frame the Outcome Strategy 3: Classify the Type of Decision Strategy 4: Reduce the Scope of the Decision Strategy 5: Right Size the Decision-Makers to the Decision Moment Strategy 6: Pressure Test Decisions Strategy 7: Seek Consent Not Consensus The Perfect Decsion Is an Illusion Key Learnings from Chasing the Decision Chapter 10: Building the Quantitative Intuition (QI) Team The QI Skill Set Building a QI Team Your QI Role within Your Organization &
• Edition: 1st
• Publisher Details: Hoboken : John Wiley & Sons, Inc
• Publication Date: 2022
• Extent: 1 online resource
• Subjects: 658.403; Decision making -- Data processing; Decision making -- Psychological aspects; Quantitative research
• Languages: English
• ISBNs: 9781119898498
• Related ISBNs: 9781119898481
• Notes: Note: Description based on CIP data; resource not viewed.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.