Facing the Challenge Holistically

Jeffrey Yi-Lin Forrest, Jeananne Nicholls, Kurt Schimmel and Sifeng Liu
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Jeffrey Yi-Lin Forrest: Slippery Rock University
Jeananne Nicholls: Slippery Rock University
Kurt Schimmel: Slippery Rock University
Sifeng Liu: Nanjing University of Aeronautics & Astronautics

Chapter Chapter 1 in Managerial Decision Making, 2020, pp 1-22 from Springer

Abstract: Abstract This chapter describes the challenge this book will address that faces decision-making managers and entrepreneurs and explains why there is an urgent need to resolve related issues in order to meet the challenge. After this challenge is clearly presented, this chapter turns its attention to illustrate why systems science and systems methodologies are the appropriate approach for managers and entrepreneurs to use in their daily decision-making while pointing out weaknesses existing in the widely employed methodologies – anecdotal analysis, calculus-based tools, and statistics-based methods.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-28064-2_1

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DOI: 10.1007/978-3-030-28064-2_1

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