Overcoming Cognitive Biases In Strategic Management And Decision Making

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Overcoming Cognitive Biases In Strategic Management And Decision Making
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Author : Siniksaran, Enis
language : en
Publisher: IGI Global
Release Date : 2024-02-12
Overcoming Cognitive Biases In Strategic Management And Decision Making written by Siniksaran, Enis and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-02-12 with Business & Economics categories.
The persistent presence of cognitive biases has influenced rational decisions and strategic management since the 1970s. These prejudiced errors in judgment, often systematic and predictable, breach the foundational assumptions of economic theory, leading to dire consequences such as social inequality, financial collapse, and governmental inefficiency. Even the brightest minds are not immune, making it crucial to address these biases head-on. Overcoming Cognitive Biases in Strategic Management and Decision Making unravels the complex tapestry of biases that infiltrate decision-making processes at all levels. From social injustice biases and reasoning errors to action-inaction and social biases, the book confronts the myriad of ways that biases manifest in critical moments. These pose a significant threat to sound decision-making in various fields, impacting professionals ranging from judges and doctors to public officials. The repercussions of unchecked biases are far-reaching, leading to flawed outcomes that echo through society. The urgent need for a strategic response to mitigate these biases and enhance decision-making processes forms the crux of the problem this book seeks to address.
Cultural Influences On The Process Of Strategic Management
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Author : Andreas Michael Schühly
language : en
Publisher: Springer Nature
Release Date : 2022-01-01
Cultural Influences On The Process Of Strategic Management written by Andreas Michael Schühly and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-01 with Business & Economics categories.
This unique book is positioned at the crossroads of strategic management and international business. Based on an in-depth literature review, the author empirically assesses the widely shared, implicit assumption that strategic management processes can be globally applied in a standardized, i.e., culture-free, manner. So far, a variety of tools have also been recommended but without incorporating cultural differences. As many organizations observe that this ethnocentric view is more an illusion than reality, strategic management research has started to focus on the cultural sensitivity of its theories, tools, and processes to provide practitioners in a multicultural setting with adequate know-how and tools. To foster long-term decision-making despite uncertainty, scenario planning is frequently applied by practitioners. Up until today, scenario planning has however gained little attention from the academic community. Through this book, the author presents a newly developed framework for strategic management that combines the cultural value scale to test the cultural sensitivity of the long-term planning tool called “scenario planning.” The different process steps of scenario planning have been individually examined for their sensitivity toward the cultural dimensions of uncertainty avoidance and long-term orientation. The investigation is based on a unique, global set of management consultants working for a leading professional service firm. The results of this research show the cultural sensitivity of scenario planning, with different degrees of the process steps and the tested cultural dimensions.
Resilience Of Multicultural And Multigenerational Leadership And Workplace Experience
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Author : Vázquez de Príncipe, Joanne
language : en
Publisher: IGI Global
Release Date : 2024-05-07
Resilience Of Multicultural And Multigenerational Leadership And Workplace Experience written by Vázquez de Príncipe, Joanne and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-05-07 with Business & Economics categories.
In today's volatile, uncertain, complex, and ambiguous (VUCA) world, the challenges faced by individuals, teams, and organizations are more pressing than ever. The persistent global tragedies and instabilities demand a new approach to leadership—one that goes beyond traditional models to address the complexities of a multicultural and multigenerational workforce. The need for resilience has never been more urgent as we grapple with the aftermath of a pandemic and the ever-evolving landscape of work. The book titled Resilience of Multicultural and Multigenerational Leadership and Workplace Experience dives deep into the heart of the issue, highlighting the importance of cultivating resilience as a dynamic ability. It serves as a call to action for individuals and leaders to fortify their resilience, transforming it from a mere survival mechanism into a strategic advantage that propels individuals and organizations towards success. The core objective of Resilience of Multicultural and Multigenerational Leadership and Workplace Experience is to offer various solutions to the challenges posed by the contemporary business environment. Grounded in both theoretical and empirical research, the book aims to provide a guide for scholars and professionals navigating the complexities of leadership in a multicultural context. By delving into the strategic role of resilient leadership across various organizational levels, the book equips its readers with the tools and insights needed to not only face these challenges but emerge stronger.
Navigating Bias In Human Resource Management
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Author : Kanwal, Supreet
language : en
Publisher: IGI Global
Release Date : 2025-04-08
Navigating Bias In Human Resource Management written by Kanwal, Supreet and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-04-08 with Business & Economics categories.
In today’s diverse work environments, human resource management plays a critical role in ensuring fairness and equity across hiring, promotions, and employee development. Bias can subtly influence decision-making, often undermining efforts to create inclusive and equitable workplaces. From recruitment practices to performance evaluations, biases hinder the potential of individuals and perpetuate inequalities within organizations. The various types of bias that impact HR processes and require actionable strategies to identify, confront, and mitigate their effects. Further research may offer HR professionals the tools to foster a more inclusive, diverse, and fair organizational culture. Navigating Bias in Human Resource Management explores how both conscious and unconscious biases can permeate every aspect of HRM, from recruitment and hiring to performance evaluations and promotions. This book delves into the complexities of these biases, offering practical strategies for HR professionals to identify, confront, and mitigate their impact, thereby creating fairer, more inclusive work environments. This book covers topics such as management science, work-life balance, and onboarding, and is a useful resource for business owners, managers, academicians, researchers, and scientists.
Utilizing Generative Ai For Cyber Defense Strategies
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Author : Jhanjhi, Noor Zaman
language : en
Publisher: IGI Global
Release Date : 2024-09-12
Utilizing Generative Ai For Cyber Defense Strategies written by Jhanjhi, Noor Zaman and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-09-12 with Computers categories.
As cyber threats become increasingly sophisticated, the need for innovative defense strategies becomes urgent. Generative artificial intelligence (AI) offers a revolutionary approach to enhance cybersecurity. By utilizing advanced algorithms, data analysis, and machine learning, generative AI can simulate complex attack scenarios, identify vulnerabilities, and develop proactive defense mechanisms while adapting to modern-day cyber-attacks. AI strengthens current organizational security while offering quick, effective responses to emerging threats. Decisive strategies are needed to integrate generative AI into businesses defense strategies and protect organizations from attacks, secure digital data, and ensure safe business processes. Utilizing Generative AI for Cyber Defense Strategies explores the utilization of generative AI tools in organizational cyber security and defense. Strategies for effective threat detection and mitigation are presented, with an emphasis on deep learning, artificial intelligence, and Internet of Things (IoT) technology. This book covers topics such as cyber security, threat intelligence, and behavior analysis, and is a useful resource for computer engineers, security professionals, business owners, government officials, data analysts, academicians, scientists, and researchers.
Cognitive Behavioral Neuroscience In Organizational Settings
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Author : Reddy, K. Jayasankara
language : en
Publisher: IGI Global
Release Date : 2024-06-17
Cognitive Behavioral Neuroscience In Organizational Settings written by Reddy, K. Jayasankara and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-06-17 with Business & Economics categories.
In a world characterized by constant changes, organizations grapple with the complex task of understanding and enhancing human behavior within their ranks. The burgeoning interest in cognitive behavioral neuroscience (CBN) for unraveling the intricacies of organizational dynamics has paved the way for a groundbreaking shift. However, the application of CBN in Human Resource Development and Management (HRDM) remains in its infancy, creating a void between scientific inquiry and practical implementation. As organizations yearn for evidence-based strategies to enhance talent identification, team selection, training, and overall performance, a critical need emerges for a comprehensive guide that bridges this gap. Cognitive Behavioral Neuroscience in Organizational Settings is a groundbreaking book that illuminates the unexplored territory of CBN in HRDM. Positioned as a catalyst for change, this comprehensive guide serves as the linchpin connecting theoretical foundations with real-world applications. Seamlessly navigating through the basics of neuroscience, the anatomy and functions of the brain, and the role of neuroscience in organizational behavior, establishes the groundwork for a new academic discipline. By delving into higher cognitive processes, artificial intelligence integration, neuroscience methods, and CBN-based interventions, the book offers a roadmap to revolutionize how organizations understand, manage, and enhance their human capital.
Building Sustainable Human Resources Management Practices For Businesses
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Author : Popescu, Cristina Raluca Gh.
language : en
Publisher: IGI Global
Release Date : 2024-03-22
Building Sustainable Human Resources Management Practices For Businesses written by Popescu, Cristina Raluca Gh. and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-22 with Business & Economics categories.
The pressing need for environmental preservation has never been more evident, placing companies at the forefront of the sustainability movement. As the global community grapples with the ever-escalating environmental crisis, the imperative to preserve our planet has transitioned from an ethical consideration to a business necessity. Companies now face an unprecedented challenge: not only must they adapt to more sustainable practices, but must also fully embrace them across all aspects of their operations, including at the employee level. At the heart of this transformative journey lies human resource management, a pivotal lever for shaping a sustainable and environmentally responsible future for organizations. Building Sustainable Human Resources Management Practices for Businesses is a tool for academic scholars and discerning readers who seek to understand and address this urgent issue. This book goes beyond exploration, offering a deeply insightful examination of human resource management's role in fostering sustainability within organizations. By weaving the principles of sustainability with the intricacies of talent management, the book provides readers with the essential insights, practical tools, and real-world examples necessary to navigate the path toward a more eco-conscious approach to HR. From eco-friendly hiring practices to the cultivation of a green organizational culture, each chapter delivers actionable guidance and inspires change. Simultaneously, it delves into the challenges and future prospects of green HR management, exploring how technology, diversity and inclusion, and collaboration with key stakeholders can usher in a greener, more sustainable economy.
Organizational Management Sustainability In Vuca Contexts
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Author : Perez-Uribe, Rafael
language : en
Publisher: IGI Global
Release Date : 2024-03-01
Organizational Management Sustainability In Vuca Contexts written by Perez-Uribe, Rafael and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-01 with Business & Economics categories.
Organizational Management Sustainability in VUCA Contexts is an insightful and comprehensive book that delves into the complex interplay between sustainability and the challenging landscapes of Volatility, Uncertainty, Complexity, and Ambiguity (VUCA). With a focus on bridging the gap between present and future generations, this book navigates the intricate web of economic success, social development, environmental health, and societal stability. Drawing upon a blend of theoretical foundations and practical examples, this book aims to unravel the phenomenon of sustainability in VUCA contexts by analyzing both exemplary and detrimental management practices across public and private sectors. Through a series of meticulously crafted chapters, the authors assess, treat, communicate, monitor, review, and discuss the methods, best practices, and requisite conditions for fostering sustainable organizations. Targeting a diverse audience of academics, policy makers, and entrepreneurs, this book serves as an invaluable resource for academic institutions, students specializing in business disciplines, and organizations in both public and private spheres. Moreover, anyone with a vested interest in contemporary business issues, prospective strategies, organizational sustainability, and economies in VUCA situations will find this book an indispensable guide.
Convergence Of Human Resources Technologies And Industry 5 0
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Author : Kumar, Pawan
language : en
Publisher: IGI Global
Release Date : 2024-04-29
Convergence Of Human Resources Technologies And Industry 5 0 written by Kumar, Pawan and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-29 with Business & Economics categories.
Through a combination of rapid technological advancement and the ongoing digital revolution, the role of Human Resources (HR) in shaping organizational trajectories has seen unprecedented growth. The amalgamation of digital HR technologies and the advent of Industry 5.0 pose both exceptional opportunities and formidable challenges, especially for developing economies grappling with resource constraints and skill gaps. These nations stand at a crossroads, where leveraging digital HR technologies becomes imperative for bolstering their competitive edge in the global arena. The book Convergence of Human Resources Technologies and Industry 5.0 undertakes a comprehensive exploration of the impacts, implementation, and repercussions of digital HR technologies within the framework of Industry 5.0 in developing economies. Bridging the gap between theory and practice, it employs a comprehensive approach encompassing theoretical frameworks, empirical investigations, and practical insights from both academia and industry. By offering tangible takeaways, and approaches, it equips readers to adeptly harness the power of digital HR technologies, enabling organizations to thrive in the era of Industry 5.0. Designed for HR professionals, executives, managers, researchers, policymakers, and students, this book delves into critical topics such as understanding the notion of Industry 5.0 in developing economies, exploring the transformative potential of digital HR technologies, and addressing challenges associated with their implementation.
Global Practices On Effective Talent Acquisition And Retention
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Author : Christiansen, Bryan
language : en
Publisher: IGI Global
Release Date : 2024-06-03
Global Practices On Effective Talent Acquisition And Retention written by Christiansen, Bryan and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-06-03 with Business & Economics categories.
Studies have indicated that employers across the globe face difficulties in filling critical roles, sparking a worldwide "war for talent." This talent war, once a temporary market condition, has now solidified into the "New Normal." Leaders recognize that success in this era demands the construction of optimal teams for strategic competitive advantage amid global uncertainty and hypercompetition. As explored in detail within the pages of Global Practices on Effective Talent Acquisition and Retention, this book serves as an indispensable guide for scholars and practitioners navigating the intricacies of talent management in the current global scenario. This project aspires to create a comprehensive reference material delving into diverse aspects of current global talent realities. It aims to provide scholars and practitioners with recent empirical, practical, and theoretical research on talent acquisition and retention practices worldwide. The emphasis is on sustainable practices that drive organizational success across multiple industries. The impact of this publication will resonate in both application and the direction of future research.