Introduction

Rudolf Grünig () and Richard Kühn ()
Additional contact information
Rudolf Grünig: Université de Fribourg LS für Unternehmensführung
Richard Kühn: Universitét Bern Fak. Rechts-/Wirtschaftswissenschaften Inst. Marketing/Unternehmungsführung

A chapter in Successful Decision-making, 2009, pp 1-3 from Springer

Abstract: In today’s rapidly changing environment, management personnel, whether in companies, in non-profit organizations or within governmental departments, are constantly confronted with decision problems with far-reaching consequences. Survival and long-term success will often depend on finding the right solution. This is confirmed by research carried out in Great Britain. In the study, 270 executives were interviewed from organizations reporting a total annual revenue of more than £200,000,000 each in the three sectors “Financial services”, “Central and local government” and “Manufacturing and retail”. “Almost eight of ten respondents…felt organizational decisiveness had impact on overall business agility”. This evaluation of the great importance of decision-making is confirmed by the fact that the average value of the financial impact of a decision is approximately £167,000 (Capgemini, 2004, p. 2).

Date: 2009
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-00854-2_1

Ordering information: This item can be ordered from
http://www.springer.com/9783642008542

DOI: 10.1007/978-3-642-00854-2_1

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().