An invaluable guide to arrive at better business decisions. We make decisions, and these decisions make us and our organisations. And in theory, decision-making should be easy: a problem is identified, the decision-makers generate solutions, and choose the optimal one - and powerful mathematical tools are available to facilitate the task. Yet if it is all so simple why do organisations, both private and public sector, keep making mistakes - the results of which are borne by shareholders, employees, taxpayers, and ultimately society at large?
This guide to decision making, by leading decision science academic Helga Drummond, aims to improve decision-making in organisations. It explores how and why decisions go awry in the first place - and offers practical advice on what decision-makers can do to counter the psychological, social, and other forces that can undermine individual judgment and pull organisations off course. Full of examples of good and bad decision-making from around the world, it will make listeners think more clearly about decisions big and small.
Karen Cass delivers an impeccable performance of the nonfiction audiobook The Economist Guide to Decision Making by academic Helga Drummond, an expert in the field of decision sciences. Her calm voice is clear and steady, perfect for interpreting this dense material. Drummond examines why public and private organizations make systematic errors and how this leads to bad decisions that affect society. She guides the listener to learn to make good decisions, offering advice on how to handle the myriad psychological and social factors that can effect judgment.
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- Phil O.
Disjointed and Backward Looking
If the book would have given some insights into how good decisions are made. Instead, the author writes a list of critiques on various decisions made in the past. The list should at least be organized into general themes. Instead the author rambles on from one critique with the next and I am left wondering: "What is the point?" This is the ultimate Monday Morning Quarterback book of decision making.
Organize. Organize your thoughts and make some coherent points. Use historical examples to illustrate main ideas and then move on to give the reader something positive; something actionable for their decision making process.
The narrator sounded angry and often spoke with contempt for the illustrated decision makers, some of whom were great leaders and successful decision makers in general. The tone of disrespect and derision simply magnified the poor writing of the author.
As editor I would have never allowed this book to go to print.
I don't normally write reviews. I have always found value in in any event, play, book, or essay I have ever read or listened to. Some are better and some are worse but I always respect the author for their art and effort. This book is different. Although the author is clearly intelligent as can be seen in her word craft, the book is incoherent and absolutely painful. I have never listened to anything so painful. It is a list of contemptuous criticisms of poor decisions that some very good people have made. The book is aloof and elitist. Worse yet, it offers no method or suggestions as to how to make good decisions. Don't waste your time or money on this book.